Other Countries

Living In Mexico Expat Guide – Best Places to Reside in Mexico

Living In Mexico Expat Guide – that will be the topic of today’s article.

Before introducing this article, if you are interested in our core services which are expat financial, insurance and mortgages, you can contact me here

The best time to consider your financial situation is when you are moving to a new country.

Introduction

If you’re thinking of moving to Mexico or are already living here, you’ll need to know some facts about living in this country. From the cost of living to healthcare and transportation, the benefits of living in this country cannot be overemphasized.

In today’s modern world, there are few places left where you can live a high quality of life at a fraction of the cost of living in the United States or Europe. Mexico is one of those places. With a lovely climate, a diverse and interesting culture, and friendly people, it’s a great place to call home.

However, there are many things you need to know before making a move. This includes the cost of living, where to stay, requirements to be an expat in the country, and many other things, to mention a few. Are you ready to start your journey to living in Mexico?

If that sounds like a yes, we’ve got you covered on this platform. Also, if you’ve been surfing the web to get a glimpse of what living in Mexico entails, look no further. Today, we’ll provide you with all the insights you need on living in Mexico as an expat.

Here are some things we’ll be discussing: cost of living, finding accommodation, healthcare and Insurance, education, transportation, and many others. Also, you’ll understand the benefits of living in Mexico and the disadvantage. Read further to know more!

Overview of the Pros and Cons of Living in Mexico

There are many pros and cons to living in Mexico, depending on your perspective. From the beaches and stunning scenery to the lower cost of living, there are many reasons why people might choose to live in Mexico. However, there are also some drawbacks to consider before making a decision. Without further ado, take a look at it below.

Pros

The Cost of Living is Low

One of the biggest benefits of living in Mexico is the low cost of living. Whether you’re looking for a place to rent or buy, you’ll find that prices are much more affordable than in other countries. This is especially true if you compare the cost of living in Mexico to living in the United States.

The Weather is Beautiful

Another great thing about living in Mexico is the weather. The country has a tropical climate, which means it’s warm and sunny most of the year. This is perfect if you want to avoid cold winters and enjoy spending time outdoors. Also, the beaches in Mexico are some of the best in the world!

There Is a Lot to Do

Mexico is a big country with many interesting things to see and do. From exploring ancient ruins to diving in crystal clear waters, there’s something for everyone. And since English is widely spoken in Mexico, you won’t have any trouble finding locals who can show you around. In fact, many people consider Mexico to be one of the most diverse and interesting countries in the world.

The People Are Friendly

Mexicans are known for being some of the friendliest people in the world. They’re always happy to help out a stranger, and they love socializing. If you’re looking for a place where you can make friends easily, Mexico is a great choice. Moreover, the cost of living is low, so you won’t have to spend a lot of money on social activities.

Employment Opportunities

Mexico is a growing economy, and there are many employment opportunities. Whether you’re looking for a job in the private or public sector, you’re likely to find something that matches your skills and interests. And since the cost of living is low, you’ll be able to save money while you work.

The Healthcare System is Good

Mexico has a good healthcare system comparable to those in other developed countries. If you need medical treatment, you’ll be able to find quality care at a fraction of the cost you would pay in the United States or Europe. Moreover, the healthcare system is constantly improving, so you can be sure that you’re getting the best possible care.

Excellent Education System

Mexico has an excellent education system that is free for all citizens. Students have access to various high-quality schools, including universities, and the government is investing more money into education every year. So if you’re looking for a place to study, Mexico is a great option.

Cons

Language Barrier

If you don’t speak Spanish, you will likely find it difficult to live in Mexico. Although English is becoming more prevalent, most Mexicans only speak Spanish. Unless you are willing to learn the language, you will likely have a lot of trouble communicating with locals.

Service Outage Problem

Mexico suffers from frequent power outages and water shortages. If you are used to having a constant supply of electricity and water, you will likely be disappointed living in Mexico. Besides, power outages can be quite dangerous in a country where most people rely on generators for electricity.

Lots of Bureaucracy

Mexicans are known for their bureaucracy. If you need anything done, expect to jump through many hoops. You will likely have to go to multiple government offices and fill out many paperwork. It can be very frustrating trying to get anything done in Mexico.

Renting a Home Can Be Daunting

Renting a home in Mexico can be quite daunting, especially if you are unfamiliar with the process. There are many things to consider, such as deposits, monthly rent, and contracts. It can be difficult to know what is normal and not when renting a home in Mexico.

Mexicans Aren’t Punctual or Reliable

Mexicans are not known for their punctuality or reliability. If you are used to people being on time and doing what they say they will do, you will likely be disappointed in Mexico. Mexicans tend to operate on their own schedule, which can be very frustrating if you try to do business with them.

Cost Of Living in Mexico

View over the UNESCO World Heritage Site at night, Guanajuato, Mexico, North America

Mexico is a great place to live with a low cost of living. There are many things that you can do here to keep your costs down, such as cooking your own food, taking public transportation, and bargaining for prices. The cost of living in Mexico varies depending on the city that you live in. For example, living in Mexico City is higher than the cost of living in a smaller city or town.

However, the cost of living in Mexico is still much lower than the cost of living in the United States or Canada. However, a few things will always cost you money in Mexico, such as rent, food, and transportation. The cost of housing is the biggest expense for most people in Mexico. Rent can be expensive, especially in larger cities.

Food is also expensive in Mexico, but there are ways to save money on food. You can buy food at local markets instead of supermarkets, and cook your own food instead of eating out. Transportation is another big expense in Mexico. The cost of public transportation is low, but owning a car is high.

Bargaining for prices is a common practice in Mexico. You can save money on many things by bargaining for a better price. For example, you can bargain for a lower rent, food, and transportation. Overall, living in Mexico is much lower than living in the United States or Canada. There are many ways to save money here to live comfortably on a tight budget.

If you are looking for a low cost of living, Mexico is a great place to live. Below is an overview of what to expect as an expat in Mexico.

Things/Goods/CommoditiesPrices
Basic lunchtime menuMex$245
1 bottle of good wineMex$266
Monthly rent for finished accommodationMex$19,200
Utilities for one monthMex$1,040
1 Pair of jeans/summer dressMex$1,500
Monthly Transportation costsMex$500
Basic dinner out for twoMex$350
Personal care costMex$500 per month

Best Places to Reside in Mexico

Mexico is a country with diverse regions, each with its own unique charms and attractions. This makes it an excellent place for expats to relocate, as there is sure to be a region that suits their individual needs and preferences. Here are seven of the best places in Mexico for expats to reside.

San Miguel de Allende

San Miguel de Allende is a picturesque town in the central highlands of Mexico. It is known for its colonial-era architecture, as well as its vibrant arts scene. Expats will enjoy soaking up the Mexican culture and traditions here while also having access to all the modern conveniences and amenities they need.

Puerto Vallarta

Puerto Vallarta is a popular beach town on Mexico’s Pacific coast. Expats will enjoy the sun, sand, and surf here, as well as the many restaurants, bars, and clubs. The city also has several international schools, making it an ideal place for families. Also, the cost of living in Puerto Vallarta is relatively low compared to other popular expat destinations.

Cancun

Cancun is a resort town on Mexico’s Caribbean coast. It is known for its beautiful beaches, lively nightlife, and all-inclusive resorts. Expats will find plenty to do here, whether they are looking for a party atmosphere or want to relax on the beach. Cancun is also a great place for children, as many activities and attractions will keep them entertained.

Cabo San Lucas

Cabo San Lucas is a resort town in Baja California Sur. It is known for its dramatic landscape, luxurious resorts, and world-famous marina. Expats will enjoy the many activities available in Cabo San Lucas, including golfing, snorkeling, and scuba diving. The cost of living here is high compared to other Mexican destinations, but it is still much cheaper than living in most Western countries.

Oaxaca

Oaxaca is a charming colonial town in southern Mexico. It is known for its beautiful architecture, traditional cuisine, and vibrant arts scene. Expats will enjoy soaking up the Mexican culture and traditions here while also having access to all the modern conveniences and amenities they need.

Mexico City

Mexico City is the capital of Mexico and the largest city in the country. It is a vibrant metropolis with a rich history and culture. Expats will find plenty to do here, from visiting world-famous museums and galleries to dining at acclaimed restaurants. The cost of living in Mexico City is high compared to other Mexican destinations, but it is still much cheaper than living in most Western countries.

Guadalajara

Guadalajara is Mexico’s second-largest city and the capital of Jalisco. It is known for its colonial-era architecture, vibrant arts scene, and tequila distilleries. Expats will enjoy soaking up the Mexican culture and traditions here while also having access to all the modern conveniences and amenities they need.

Interesting Facts about Mexican Cultures and Traditions

There are many interesting facts about living in Mexico as an expat. In this section, we will walk you through the top seven. Are you ready to check what we’ve unleashed for you? If that sounds like a yes, read further to understand better.

Home to One of the New Seven Wonders of the World

Along with the Great Wall of China, the ancient Mayan city of Chichen Itza is one of the new Seven Wonders of the World. This UNESCO World Heritage Site is located in the Yucatan Peninsula and is famous for its intricate architecture and stunningly preserved ruins. Also, check out the cenote’s natural swimming holes with crystal clear water when visiting the Yucatan.

Mexico Is a Country of Great Diversity

Mexico is a country with a vast and diverse culture. Every state has its own unique traditions and cuisine. For example, in the state of Oaxaca, you’ll find traditional dishes like mole Negro (a rich chocolate sauce) and tlayudas (a giant tortilla topped with cheese, beans, and pork).

The Day of the Dead Is a Popular Celebration

One of the most well-known Mexican holidays is the Day of the Dead. This festival celebrates life and honors loved ones who have passed away. Families often visit gravesites and decorate them with flowers, candles, and food offerings. They often dress up as their favorite dead relatives and enjoy special foods and drinks.

Mexico Is Home To World-Famous Beaches

Mexico is famous for its beautiful beaches. From the party town of Cancun to the surfer’s paradise of Puerto Escondido, there’s a beach for everyone in Mexico. And with a coastline that stretches for over 7,000 miles, you’re never too far from the ocean. In fact, Mexico is home to more beaches than any other country in the world.

Mariachi Music Is a National Treasure

Mariachi music is one of Mexico’s most well-known exports. This genre of music is characterized by its festive and energetic sound and is often played at weddings and other special occasions. If you’re in Mexico, be sure to check out a mariachi band – you won’t be disappointed.

Most Recognized Flag in the World

The Mexican flag is one of the most recognizable flags in the world. It features a green and white striped background with an eagle perched on a cactus. The flag is often flown at patriotic events and soccer matches. Also, be sure to say the Mexican national anthem – “Marcha Patriótica Mexicana” – when you see the flag flying.

Tequila Is a National Drink

Tequila is a popular alcoholic drink made from agave plants. It’s often served in shot glasses and is usually consumed at parties or special occasions. In Mexico, tequila is considered a national drink regulated by the government. So be sure to try some when you’re in Mexico – you won’t regret it.

Tourists Attractions to Explore In Mexico

Mexico is a country that is rich in culture and history. There are many tourists attractions to explore in this beautiful country. Here are five of the best:

1.    The Ancient City of Teotihuacan

This is an archaeological site located about 50 kilometers from Mexico City. It is home to some of the most impressive ancient ruins in Mexico. Teotihuacan was once one of the largest cities in the world, and its pyramids are a major tourist attraction.

2.    The Mayan Ruins of Chichen Itza

This is another ancient archaeological site that is well worth a visit. It is located in the Yucatan Peninsula and is home to some of the most famous Mayan ruins in the world. Chichen Itza was once a major center of Maya culture, and its El Castillo pyramid is one of the most recognizable structures in Mexico.

3.    The Beaches of Cancun

Cancun is a world-famous beach destination, and for a good reason. The beaches here are absolutely beautiful, and there is no shortage of things to do. Whether you want to relax on the beach or explore the city, Cancun is a great place to visit. Also, don’t miss out on the chance to visit the nearby island of Isla Mujeres.

4.    The ancient city of Monte Alban

This archaeological site is located in Oaxaca and is one of the most important ancient sites in Mexico. Monte Alban was once the capital of the Zapotec civilization, and its ruins are a major tourist attraction. Meanwhile, the city of Oaxaca is a great place to visit if you want to experience Mexican culture at its finest.

5.    The Copper Canyon

This is a series of canyons located in the state of Chihuahua. They are collectively larger than the Grand Canyon and are home to breathtaking scenery. The Copper Canyon is a popular destination for hikers and adventure seekers. It is definitely worth visiting if you are looking for an off-the-beaten-path destination in Mexico.

Frequently Asked Questions about Living in Mexico

What are the requirements for living in Mexico?

In order to live in Mexico, you must have a valid visa. The most common visas for foreigners are tourist and work visas. You can also apply for a residency visa if you plan to stay in Mexico for an extended period. In fact, you can now apply for a residency visa online.

What is the cost of living in Mexico?

The cost of living in Mexico varies depending on the city you live in. Generally, it is less expensive to live in Mexico than in the United States. However, your expenses will depend on your lifestyle and the type of housing you choose. Also, some items are more expensive in Mexico, such as gasoline and food.

What is the weather like in Mexico?

The weather in Mexico varies depending on the region. The Yucatan Peninsula has a tropical climate, while the central highlands have a temperate climate. In general, Mexico has two seasons: a dry season and a rainy season. Also, be aware that Mexico is located in an area prone to earthquakes.

What is healthcare like in Mexico?

The healthcare system in Mexico is different than in the United States. In Mexico, you have two options: private healthcare and public healthcare. The quality of care varies depending on the hospital or clinic you choose. Also, be aware that healthcare in Mexico is less expensive than in the United States.

What is the education system like in Mexico?

The education system in Mexico is different than in the United States. In Mexico, there are three levels of education: primary school, secondary school, and post-secondary school. The quality of education varies depending on the institution you choose. Also, be aware that education in Mexico is less expensive than in the United States.

Conclusion

If you’re thinking of moving to Mexico, you’re in for a real treat! This vibrant, diverse country has something for everyone, from gorgeous beaches to stunning mountain ranges. Plus, it’s affordable, and the locals are friendly and welcoming. Of course, there are a few things you should know before you make a move. Refer to this guide to understand the whole concept.

Adam Fayed

Recent Posts

Is the UAE the best option for wealthy digital nomads and expats?

Is the UAE the best option for wealthy digital nomads and expats?

1 year ago

Latest Forbes Blog

Latest Forbes Blog

1 year ago

UK interest rates skyrocket – what are the ramifications?

https://www.youtube.com/watch?v=cFqR031b7e8&ab_channel=AdamFayedPodcast%28ExpatandHNWIinvesting%29

2 years ago

What is the biggest indicator of the future direction of the stock market

https://www.youtube.com/watch?v=wLJl03fCSsI&ab_channel=AdamFayedPodcast%28ExpatandHNWIinvesting%29

2 years ago

FTX collapse – Is this the end of crypto?

https://www.youtube.com/watch?v=T0xggk1GdWs&ab_channel=AdamFayedPodcast%28ExpatandHNWIinvesting%29

2 years ago

Are investors about to get truly tested?

Are investors about to get truly tested?

2 years ago