🇲🇽 Why Mexico is on Top No. 1 Best places for Expats?
February 5, 2024
There are tons of ways to build up your retirement savings, but for some there may just not be enough time left (or saleable assets available) to accrue the required liquidity. Additionally, who wants to scrape by when they can finally enjoy their lives sans jobs? It might just be time to head to Mexico, where you can find a number of beautiful and budget-friendly destinations to hang your fedora — and pick up your margarita.
Mexico delights with more than just its food. In the top destinations of 2022, expats especially appreciate the ease of settling in and their finances.
Expats in Mexico are happy with their Personal Finance (2nd) and the Ease of Settling In (1st). In fact, the country comes first in the Local Friendliness, Finding Friends, and Culture & Welcome Subcategories. Expats describe the local residents as friendly (90% vs. 66% globally) and find it easy to make friends among them (75% vs. 42% globally).
The country narrowly misses out on a top 10 spot in the Expat Essentials Index (11th). While 64% of expats found it easy to get a visa in order to move to Mexico (vs. 56% globally), 53% struggle with the local bureaucracy (vs. 39% globally).
Mexico performs worst, but still well, in the Working Abroad (17th) and Quality of Life (24th) Indices. Expats love, for example, the culinary variety and dining options (92% vs. 77% globally) and the natural environment (90% vs. 83% globally), but they are unhappy with the local air quality (36% vs. 19% globally). Overall, 91% of expats are happy with their life in Mexico.
Source: internations.org
Thanks
C.P. Karina Sayed
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