According to El País, one of the leading Spanish and Latin American newspapers, the number of Americans who received a residence permit in Mexico increased by 70% between 2020 and 2023 — a record jump.
In 2020, there were 10,705 temporary resident permits (this is basically a Mexican Green Card) handed out to U.S. expats, compared to 18,294 in 2023. (Source)
The allure of affordable living, a warm climate, and close proximity to the U.S. makes Mexico an ideal retirement destination and/or digital nomad destination.
With its rich culture and welcoming communities, Mexico offers retirees and digital nomads a comfortable and vibrant lifestyle — and here’s why so many Americans are leaving the U.S. for a better life south of the border.
Cost of Living Comparison
One of the most compelling reasons U.S. retirees and digital nomads choose Mexico is the significantly lower cost of living.
On average, living expenses in Mexico are nearly 38% lower than in the U.S. according to Numbeo statistics.
Everyday expenses such as groceries, utilities, and entertainment are noticeably cheaper, allowing retirees to stretch their retirement savings further.
Housing Affordability
Housing in Mexico is also remarkably affordable compared to the U.S. — and your money will go A LOT further.
In popular cities like Puerto Vallarta, you can find comfortable housing at a fraction of the cost in comparable U.S. cities.
For instance, a two-bedroom apartment in a desirable neighborhood a few blocks from the beach might cost around $800 USD per month.
In less touristy areas, the cost can be even lower, making it possible for retirees to own a home without breaking the bank.
Healthcare Costs
Mexico’s healthcare system is another significant draw for retirees, digital nomads, and medical tourists.
Healthcare services in Mexico are about 60% cheaper than in the U.S., without compromising on quality.
Many healthcare facilities in Mexico are modern and well-equipped, with a good number of English-speaking doctors.
This accessibility and affordability make it easier for retirees to maintain their health without worrying about exorbitant medical bills.
Warm Weather
Mexico boasts a diverse climate that varies by region, but overall, it offers warm and pleasant weather year-round.
This is a major attraction for retirees, expats and digital nomads, particularly those looking to escape the harsh winters of northern U.S. states.
Popular Retirement Destinations
Several of the top Mexican travel destinations are also popular among retirees, digital nomads and expats for their favorable climate, vibrant culture, delicious food, and laid-back lifestyle.
Puerto Vallarta, with its coastal charm and mild temperatures, is a top choice for beach lovers.
Merida, known for colonial architecture and Mayan culture, also offers a warm climate, and it is actually known as the safest city in Mexico.
Ajijic on Lake Chapala, with its picturesque scenery and temperate weather, has long been a favored spot for expat retirees.
Proximity to the U.S.
Mexico’s close geographic proximity to the U.S. is another significant advantage.
The ease of travel between the two countries means retirees, digital nomads and expats can all visit family and friends frequently.
Direct flights from major U.S. cities to popular Mexican destinations are plentiful and relatively short, making travel convenient and affordable.
Visa and Residency Options
Mexico offers several visa and residency options for U.S. retirees, expats and digital nomads.
The process for obtaining a visa is straightforward, with clear requirements — like if you buy property at a certain dollar amount, you automatically get a Green Card.
U.S. expats in Mexico can benefit from incentives provided by the Mexican government, making the transition to living in Mexico smooth and hassle-free.
Urban vs. Rural Living
For those moving to Mexico from the U.S., you can choose between urban and rural living in Mexico, each offering distinct advantages.
Places Mexico City and San Miguel de Allende provide affordable urban living with modern amenities.
On the other hand, rural areas offer a quieter lifestyle and even lower costs — ideal for those seeking tranquility and a close-knit community.
Some of these places include Valladolid (Yucatan Peninsula), Ajijic (Jalisco), Valle de Bravo (Central Mexico), La Paz (Baja Peninsula), and Bucerias (Jalisco coast).
Community and Expat Support
Expat communities in Mexico are thriving, and play a crucial role in helping new retirees adjust.
Social clubs, online forums, Facebook groups, and local organizations provide support and networking opportunities — making it easier for retirees to integrate into their new environment and build meaningful connections.
Ready to Move to Mexico?
Mexico stands out as an attractive retirement destination for U.S. retirees due to its affordable living, warm climate, and easy access to the U.S.
The variety of living options and strong expat communities further enhance its appeal, making it a top choice for those looking to enjoy their golden years in comfort and style.
I moved to Mexico in 2018, and though it is not a perfect place by any means, it ticks all the boxes I need it to tick — and I love my new home.
If you’re also considering a move, check out my “Here’s How Much Money You Need to Live in Mexico” article to get an idea of what it costs to live in Mexico.
If you think Mexico might not be for you after all, check out this list by Investopedia which has the 10 best countries for Americans to retire in.
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