We relocated to Morelia, Michoacan, almost 4 years ago. I'm from Reno, Nevada, and my wife's a Mexican citizen. Because my wife's a citizen, I'm not subjected to income minimums to qualify for permanent residency. We live VERY comfortably, with a monthly cash outgo of between $1000 to $1200. The amount I receive on Social Security allows substantial savings per month as well! We rent a beautiful nearly 4000 sq ft, 3 bdrm/3 ba home in a very nice neighborhood, $400 USD per month! The architecture, culture, and the people, have been amazing. It's been an absolutely wonderful experience!
Hey Russell, I saw your interview with Mariana and really enjoyed your story. My husband and I are currently in/from Reno and we just got our 4 year temporary residency for Mexico. You and your wife opened our eyes to Morelia! We can’t wait to make the move!
yeah - most surprises are how inexpensive - e.g. water for year $100, RE taxes for year $50, elec for month $8 (no heat or a/c), trash bill 50 cents for a huge lawn size trash bag - previous ppl were spending money on gas for heating - I weatherstripped the place and now I don't heat at all
For those who are a little more sensitive to higher altitudes, San Luis Potosí is not as high as a few other Mexican cities. SLP is at 1,864 metres which is 376 metres lower than Mexico City (2,240 metres up). SLP is very dry, just getting 392 mm of rain a year (which is just a little more than Los Angeles, CA).
I have been doing my research and this was very helpful. I’m getting ready to move. My advantage is having dual citizenship and being fluent in Spanish. 🙏🏼
All the info on this video felt legitimate and honest. I loved the way you talked about the banking and the visas and how you actually get your money from your home country. Great work and thank you a million times.
I'm a senior living in the US (Washington state) and have in recent months captured the idea of moving to Mexico. I speak both English and Spanish so the language would not be an issue, and your video really covered some interesting points. Buena suerte Amigos.
Hola Marc y Paulette! There is no such thing as a Tourist Visa. It's not a visa it's a Tourist Permit that is also referred to as an FMM. These can be valid for up to 180 days. By mixing these terms it tends to get people confused as to what they actually need to legally immigrate here. Buena suerte!
We live near Dismeyland and we pay big to live in this area. We are just happy getting some good weather. We lived in Denver, and, that did not work out because of cold temperatures and icy roads.
The best place to retired on all Mexico it's DURANGO. we got Desert 'Forest' Sierra Madre.. Lagoons Most beautiful montains on America 'lovely peaceful towns and the most cheapest state on Mexico' so blessed ❤❤🎉😅
i live in a beach community of oaxaca. been here as permanent resident since 2015. each year more and more gringos and canucks move here, and the prices for housing etc are going up each year. this makes it difficult for mexican locals whose pesos are already stretched thin.
Yea, there is a growing movement of people from all over the world moving to hot expat communities like Oaxaca and the prices are rising. We've noticed expats overtime leaving these hotspots for more off the beaten path options to stay within their budgets. We see this trend continuing for years to come as the cost of living continues to rise in Canada, US, UK, Australia, Germany and more. People are looking for alternative options because they simply can't live comfortably in their country of origin.
Good morning and a hello to you. I would like to make a coment regarding some of the information stated on your video. As for the comment about how much it costs to live in Mexico, it's all relative. Why? Because if you have money and can afford luxuries, then it's irrelevant. Now, the idea that people move to other places, countries and continents is because they think it's better to live, which is also relative. As a Mexican who lived in the USA for more than 40 years and experienced living in Europe for 3 years, I can tell you that everything is relative. As humans we think that other continents and countries are better, but it all depends on how you believe and think about your life at the moment of wanting to make changes. As for the historical fact of the battle of Puebla, the French were not in Mexico for decades. Here is an important fact about those events. The Battle of Puebla was an armed confrontation that took place on May 5, 1862, near the city of Puebla, Mexico, between the army of the Mexican Republic, led by General Ignacio Zaragoza, and the army of the French Empire, led by General Charles Ferdinand Latrille, Count of Lorencez. This battle was part of the Second French Intervention in Mexico, which was the invasion of Mexican territory by French troops, initially motivated by the suspension of payment of the foreign debt announced by the liberal government of Benito Juárez. The battle occurred almost at the beginning of the conflict and its result was a triumph for the Mexicans, who won despite being outnumbered. However, the invasion continued its course and it was not until 1867 that the French were finally expelled from Mexico. Today, the battle is commemorated in Mexico every May 5. At the end of the battle, which lasted from 11:15 a.m. to 5:49 p.m., there were 83 dead, 132 wounded and 12 missing on the Mexican side. The French side, on the other hand, counted 172 dead or missing and 304 wounded. Regards
I've been watching the Two Travelers for about 4 years and I love their content! Thanks for mentioning the regulation program (did I spell that right?). Also if you can prove you have constant monthly funds like social security and other types of retirement program you can submit to US Mexican consulate for approval. Probably best to work with lawyer or immigration specialist for this.
Marc Y Paulette is a nice loving couple. I know them well. But, Paulette said that so when you get your permanente residency card or status ok, then you can't stay away from Mexico for an 6 months as you can with that temp residency status. I checked that with my emigration attorney and she said with that permanente status it's only 6 months you can stay away from Mexico. So, Paulette misspoke there.
My expenses here in Texas are more than $6000 monthly Property tax is $7000 yearly. Im Mexico , $2500 would probably cover everything including some travel. We are also looking at spending around 3 million pesos for a home. Btw , 2 bedroom homes rent for about $200 a month in Leon and probably the same in SLP. $400 would be way more than a 1 bed
FYI, I believe all ATM withdrawals in Mexico charge a 1% currency conversion fee. Getting money from the USA to Mexico, or any other country, always involves a financial institution making a little profit off of it.
Morelia is beautiful. I live in a tiny pueblo not far from there... Paracho, Michoacán. The guitar capital of the world. I'm the only American for a loooong way. Also love San Luis Potosi! And the lovely lady is drinking a Topo Chico! Best mineral water ever!
@@adventurefreaksss We have a 2 br home my brother built here about 25 years ago. It's quite beautiful... total piedra with a sleeping house and a large yard full of fruit trees and another structure with l/r comedor, and cocina. Very 'old school' hacienda. There is a guitar festival every year, and people come from all over the world for concerts and to buy. Google has all the info. Would love to host you if you make it this way! 🙋♀️
JESUS - YOU got robbed ? I bought my 2br 65m apto in Florianopolis for $24,000 as you can do in most other coastal towns up and down from here to Recife or Joao Pessoa
@@InMyBrz I think it depends on the area. In Guarapari this is the real price for the region. Only 4 minutes walking from the beach, on the second block from the beach. 70 square meters, 3 balconies with a complete leisure area on the roof. A paradise. I bought it 2 years ago and I'm very satisfied, the price went up today. I already made money on the investment
@@helciocampos I paid $24k , today 2 years later it's worth $36k Florianopolis has about a 15% increase per year You can still buy a decent 2br apto in the NE Recife and Joao Pessoa for $20,000 usd or less
I left Vancouver 4 months ago to come here, but still having hard time, I move all the time here, airbnbs are expensive as are rents and living by the ocean is a non negotiable for me, I dont have a car, I wont be buying a car or driving here, so where can you live, cheaply and be close to the beautiful ocean, I have an artists budget and trying to start my own textile/sewing business, so I also need to be close proximity to buses to towns with the stuff I need. 700$ rent is all I can afford. Help... I have to go back to Vancouver to get more items and close down more of my life there, but I think I could see myself being here, and have to work out the logisitcs of the 6 month rules, learn spanish and find my tribe, all the Canucks and Loud drunk Americans aint my scene, sadly they also like the Ocean, so its a tough balance of being in a beautiful locale, without the crassness of tourismo folks who bring their lifestyles down here? Whats a solo gal, older woman, smart, savvy, self sufficient talented woman to go?? Thanks for the info but places you described are all inland. The ocean is my muse, I need to be close to her or at least a short bus ride away.
@unclefester6501 read my lines, I never say don't come to mexico, all I said was don't promote Mexico as a cheap place to live, I have nothing against people from USA or any where else, stop the hate bro, gentrification is a result of new neighbors with higher income.
For now. It’ll go up sometimes and down sometimes. But as long as the majority of the American citizens stay afraid to come down to Mexico, the prices will stay low. Overall.
People who come to Mexico with an exchange visa for temporary residency can bring their household goods in a single shipment and Mexican customs will waive the customs duty tax. It’s best to use a customs broker to bring it across the border. The Mexican consulates have details about this on their websites, and they have a list of the restricted and prohibited items that cannot be brought into the country.
@ I’m there a lot and always staying with my friend in El centro and really don’t get out to see any of the colonias around there. So always looking to hear from other people their highlights of living there. Now debating of spending more time there vs in Bucerias where I normally go for the winter months. But the kindness, friendship and love I see in Morelia is unbelievable.
What town did they land in? I cannot quite understand what they’re saying. USA mailbox in SD is a popular avenue for nomads. You can still become a resident in a day, but you can’t vote if you use a virtual mailbox.
Retired ex-pat, 2 years in Mexico after 1 in Belize. Applying for citizenship. Love what the Morena party is doing to increase the living standards of the working class - 2nd increase in minimum wage since I've been here, while it's stuck on starving in the US. EVERYTHING is better here, including the food and the lack of the government's boot on your neck. It's safer than America, the people are kind and loving, cost of living very affordable and travel is cheap, especially for seniors with the INAPAM card. Healthcare is abundant and state-of-the-art if you need it, and you almost never see a lawyer's office anywhere. Soon, Trump's wall will be designed to keep Americans IN.
I've been watching and listening to president Claudia Sheinbaum and she is no little puppy. My thoughts are she will do her best to take Mexico forward. MORENA ARRIBA. May I ask what INAPAM card is?
@@seniorLu48 Yep..Claudia is my gal. lol. She will do good for Mexico for sure. When I speak of living in Mexico I say "We have a new President, Claudia Sheinbaum".
Stay away from touristy places in Mexico. We lived in Taxco Guerrero on 800 dollars a month easily. No rent we owned. U can buy good home in Taxco for about 100 thousand and a fixer upper for about 40 thousand.
What income, dividends & interest taxes does Mexico charge American retirees who live there full time? Is there a tax treaty? No one ever answers this question.
The US and Mexico have a tax treaty so that US citizens living in Mexico don’t have to pay income taxes on the same income to both countries. The IRS website has some pages about it. There are also expat tax accountants in Mexico with good explanations on their websites.
Labels like 'expat' or 'immigrant' can mean different things to different people, and that's okay. What's tiring is policing how others choose to describe themselves. Let's focus on mutual respect and shared experiences instead of getting caught up in wordplay.
Mmmh depends who's telling the story, now move to the side of the locals and see what they see Many (no to say all) come with the pretension of having everything as it was in their places of origin and many without any effort to speak Español at all, worst cases is that many can't even pronounce properly the city or state where they live (Quintana Roo -kinˌtana ˈroo- vs kinˌtana ˈru Puerto Vallarta vs Puertou Valarta and so on) of course if you're in that side you'll love to be called something that doesn't relate to "need" or "necessity" "struggle"or so If feels like wanting to romanticize that need
@@adventurefreaksss let's respect each other by coming to a country based on merit. You folks come here to kick your feet up, you don't contribute to our workforce nor to our tax pool all you do is drive up prices and refuse to learn the language. Say what you will about Mexicans in america but without us lots of industries would stop working, without you folks down here we'll be just fine.
You should add Mexico income taxes to your list of questions, given Mexico taxes world-wide income (under certain circumstances). I haven't seen hardly anyone talk about being a tax resident in Mexico, which could catch people off-guard or be a dealbreaker, if they don't plan accordingly.
We are moving back to the United States Mexico has gotten very expensive and the new government is very scary now be careful things are changing in Mexico now.
GOD BLESS the new president, SHE IS #1 IN MY BOOK SHE TAKES NOSHIT from anybody including trumpy, she's kickedhisass numerous times in the last week - GO GIRL
For the record also. A lot more places for rent now in Mexico since most gringos don't make that 4800 K USA netto a month ok those who retire. And those, who make that money and more ok they don't need to live in Mexico so things has changed and it will even more since the Mexicans don't need the foreigners to move to Mexico foreigners need Mexico more so an Mexico need those foreign people. Bless us all the mundo is not the same anymore and never will even though the wars may end here in 2025 so the good old days are gone and nothing we can do about it only dream and make the best of it. In memory of Juan Gabriel and Vicente Fernandez.
You can look at the websites of the Mexican consulates in the US and Canada (there is one in most major cities) and look at the visa requirements. It’s all spelled out.
Mexico has become way too expensive for most retirees. $4,300 a month?! And it goes up every year?! Mexico clearly doesn’t want Social Security retirees.
To qualify at the Mexican consultant for your residency visa, you need $4300 a month Once you get your residency card, move to Mexico, it's what ever your lifestyle is that is the cost of living per month.
Mexico does not want USA retirees . They require $4,400 monthly income to qualify for temporary residency visa . Not many people on a fixed income can qualify .
@ Yes , If I understand it correctly . To qualify for no income verification you would have to have visited Mexico In the past few years Then left Mexico ?
How to work with me:
=================================
😎 One-on-one Consulting for planning your move abroad: calendly.com/adventurefreaksss/50min
We relocated to Morelia, Michoacan, almost 4 years ago. I'm from Reno, Nevada, and my wife's a Mexican citizen. Because my wife's a citizen, I'm not subjected to income minimums to qualify for permanent residency. We live VERY comfortably, with a monthly cash outgo of between $1000 to $1200. The amount I receive on Social Security allows substantial savings per month as well! We rent a beautiful nearly 4000 sq ft, 3 bdrm/3 ba home in a very nice neighborhood, $400 USD per month! The architecture, culture, and the people, have been amazing. It's been an absolutely wonderful experience!
Congratulations 🎊🍾🎈
Hey Russell, I saw your interview with Mariana and really enjoyed your story. My husband and I are currently in/from Reno and we just got our 4 year temporary residency for Mexico. You and your wife opened our eyes to Morelia! We can’t wait to make the move!
I am going to look into moving to Mexico or somewhere in the Caribbean. I need a change. I'm tired.
Join me on a podcast! Let me know if you'd be interested at adventurefreaksss@gmail.com
yeah - most surprises are how inexpensive - e.g. water for year $100, RE taxes for year $50, elec for month $8 (no heat or a/c), trash bill 50 cents for a huge lawn size trash bag - previous ppl were spending money on gas for heating - I weatherstripped the place and now I don't heat at all
Watched the Two Travelers in Mexico almost since they started. Great interview!
Mexico still is the best country in Latin America to live in and one of best in the world!😀
you never been to Brasil !
@@InMyBrz Were on Río 2018 It Is great and nice people
I've been here in Mexico for 7 months now and I fully agree.
For those who are a little more sensitive to higher altitudes, San Luis Potosí is not as high as a few other Mexican cities. SLP is at 1,864 metres which is 376 metres lower than Mexico City (2,240 metres up). SLP is very dry, just getting 392 mm of rain a year (which is just a little more than Los Angeles, CA).
Thank you for this my friend!
I have been doing my research and this was very helpful. I’m getting ready to move. My advantage is having dual citizenship and being fluent in Spanish. 🙏🏼
All the info on this video felt legitimate and honest. I loved the way you talked about the banking and the visas and how you actually get your money from your home country. Great work and thank you a million times.
Thank you John!
Blessings from guanajuato Mexico amigos 🍺🍺🍷
I'm a senior living in the US (Washington state) and have in recent months captured the idea of moving to Mexico. I speak both English and Spanish so the language would not be an issue, and your video really covered some interesting points. Buena suerte Amigos.
My father graduated from San Luis Potosi school if law back in 1943. He spoke beautifully about it
Very cool. Thank you for sharing!
Hola Marc y Paulette! There is no such thing as a Tourist Visa. It's not a visa it's a Tourist Permit that is also referred to as an FMM. These can be valid for up to 180 days. By mixing these terms it tends to get people confused as to what they actually need to legally immigrate here. Buena suerte!
Thank you for the correction.
There’s a process to it, and there are RUclipsrs who have put the whole process online. It’s not impossible. It just takes time like anything else.
Thank you for your clarification.
We live near Dismeyland and we pay big to live in this area.
We are just happy getting some good weather.
We lived in Denver, and, that did not work out because of cold temperatures and icy roads.
Incorrect. The FMM process was eliminated about 10 years ago.
The best place to retired on all Mexico it's DURANGO. we got Desert 'Forest' Sierra Madre.. Lagoons Most beautiful montains on America 'lovely peaceful towns and the most cheapest state on Mexico' so blessed ❤❤🎉😅
San Luis Potosí is very popular among the Mexicans. Super nice!
Very informative!!
i live in a beach community of oaxaca. been here as permanent resident since 2015. each year more and more gringos and canucks move here, and the prices for housing etc are going up each year. this makes it difficult for mexican locals whose pesos are already stretched thin.
Yea, there is a growing movement of people from all over the world moving to hot expat communities like Oaxaca and the prices are rising. We've noticed expats overtime leaving these hotspots for more off the beaten path options to stay within their budgets. We see this trend continuing for years to come as the cost of living continues to rise in Canada, US, UK, Australia, Germany and more. People are looking for alternative options because they simply can't live comfortably in their country of origin.
Good morning and a hello to you. I would like to make a coment regarding some of the information stated on your video.
As for the comment about how much it costs to live in Mexico, it's all relative. Why? Because if you have money and can afford luxuries, then it's irrelevant. Now, the idea that people move to other places, countries and continents is because they think it's better to live, which is also relative. As a Mexican who lived in the USA for more than 40 years and experienced living in Europe for 3 years, I can tell you that everything is relative. As humans we think that other continents and countries are better, but it all depends on how you believe and think about your life at the moment of wanting to make changes.
As for the historical fact of the battle of Puebla, the French were not in Mexico for decades. Here is an important fact about those events.
The Battle of Puebla was an armed confrontation that took place on May 5, 1862, near the city of Puebla, Mexico, between the army of the Mexican Republic, led by General Ignacio Zaragoza, and the army of the French Empire, led by General Charles Ferdinand Latrille, Count of Lorencez.
This battle was part of the Second French Intervention in Mexico, which was the invasion of Mexican territory by French troops, initially motivated by the suspension of payment of the foreign debt announced by the liberal government of Benito Juárez.
The battle occurred almost at the beginning of the conflict and its result was a triumph for the Mexicans, who won despite being outnumbered. However, the invasion continued its course and it was not until 1867 that the French were finally expelled from Mexico. Today, the battle is commemorated in Mexico every May 5.
At the end of the battle, which lasted from 11:15 a.m. to 5:49 p.m., there were 83 dead, 132 wounded and 12 missing on the Mexican side. The French side, on the other hand, counted 172 dead or missing and 304 wounded.
Regards
Thank you for this additional information!
I've been watching the Two Travelers for about 4 years and I love their content! Thanks for mentioning the regulation program (did I spell that right?). Also if you can prove you have constant monthly funds like social security and other types of retirement program you can submit to US Mexican consulate for approval. Probably best to work with lawyer or immigration specialist for this.
Thank you for this!
Marc Y Paulette is a nice loving couple. I know them well. But, Paulette said that so when you get your permanente residency card or status ok, then you can't stay away from Mexico for an 6 months as you can with that temp residency status. I checked that with my emigration attorney and she said with that permanente status it's only 6 months you can stay away from Mexico. So, Paulette misspoke there.
My expenses here in Texas are more than $6000 monthly
Property tax is $7000 yearly. Im Mexico , $2500 would probably cover everything including some travel. We are also looking at spending around 3 million pesos for a home. Btw , 2 bedroom homes rent for about $200 a month in Leon and probably the same in SLP. $400 would be way more than a 1 bed
Very informative. Thank you.
Yay, Sacramento, CA! 🙂 Terrific video Re´! Marc and Paulette were great!
I would love more information on how to rent a place short term - 30 days or so. Thanks
@@kathleenbreese3494 airbnb is the best solution for 30 days.
FYI, I believe all ATM withdrawals in Mexico charge a 1% currency conversion fee. Getting money from the USA to Mexico, or any other country, always involves a financial institution making a little profit off of it.
Morelia is beautiful. I live in a tiny pueblo not far from there... Paracho, Michoacán. The guitar capital of the world. I'm the only American for a loooong way. Also love San Luis Potosi! And the lovely lady is drinking a Topo Chico! Best mineral water ever!
Very cool. What kind of guitars do they make?
@adventurefreaksss Classical, mostly, but really all kinds, including electric. It's the only trade here. Come visit! Just ask for the Casa Gringa!
@@maggiereeder7121 Thank you!
@@adventurefreaksss We have a 2 br home my brother built here about 25 years ago. It's quite beautiful... total piedra with a sleeping house and a large yard full of fruit trees and another structure with l/r comedor, and cocina. Very 'old school' hacienda. There is a guitar festival every year, and people come from all over the world for concerts and to buy. Google has all the info. Would love to host you if you make it this way! 🙋♀️
Also how to handle estate taxes, etc. In Mexico if you are American?
You would need to set that up with your local Mexican lawyer.
O brought an apt on Brasil for 80k
Cash. Maintenance is 100 dollars a month. Property tax 80 dollars monthly
Congratulations! Thank you for sharing!
JESUS - YOU got robbed ?
I bought my 2br 65m apto in Florianopolis for $24,000 as you can do in most other coastal towns up and down from here to Recife or Joao Pessoa
@@InMyBrz Come on the podcast! Your information would be very helpful!
@@InMyBrz
I think it depends on the area. In Guarapari this is the real price for the region. Only 4 minutes walking from the beach, on the second block from the beach. 70 square meters, 3 balconies with a complete leisure area on the roof.
A paradise. I bought it 2 years ago and I'm very satisfied, the price went up today.
I already made money on the investment
@@helciocampos I paid $24k , today 2 years later it's worth $36k
Florianopolis has about a 15% increase per year
You can still buy a decent 2br apto in the NE Recife and Joao Pessoa for $20,000 usd or less
Mexico City is amazing but it’s huge, overpopulated, and the air quality is really bad.
I really enjoyed Mexico City. It's a foodie paradise.
@boink800 I did, too, but I got sick in the end with a cough. The old part of the city is beautiful and the food is amazing.
Like LA
So New York ?
I left Vancouver 4 months ago to come here, but still having hard time, I move all the time here, airbnbs are expensive as are rents and living by the ocean is a non negotiable for me, I dont have a car, I wont be buying a car or driving here, so where can you live, cheaply and be close to the beautiful ocean, I have an artists budget and trying to start my own textile/sewing business, so I also need to be close proximity to buses to towns with the stuff I need. 700$ rent is all I can afford. Help... I have to go back to Vancouver to get more items and close down more of my life there, but I think I could see myself being here, and have to work out the logisitcs of the 6 month rules, learn spanish and find my tribe, all the Canucks and Loud drunk Americans aint my scene, sadly they also like the Ocean, so its a tough balance of being in a beautiful locale, without the crassness of tourismo folks who bring their lifestyles down here? Whats a solo gal, older woman, smart, savvy, self sufficient talented woman to go?? Thanks for the info but places you described are all inland. The ocean is my muse, I need to be close to her or at least a short bus ride away.
Geoarbitrage is on the rise from the remote work advantages and the employer doesn't apply cost of living adjustment (COLA).
That is an interesting thought, thanks for sharing!
Recorded in july?? but just dropped now?
I haven't looked back at when I did the interview but that sounds accurate.
Coming from California, or NYC, most of the world would be alot cheaper. How does that relate to the rest of us?
He lays out the costs for you. Do the math!
Any meds you need from Medicare?
The G in Guanajuato is silent, gringo.
The word police are out again.
People should stop promoting Mexico as a cheap place to live, gentrification has increase prices in food and housing.
Happening in US, too. It’s becoming unaffordable here for many people.
@unclefester6501 read my lines, I never say don't come to mexico, all I said was don't promote Mexico as a cheap place to live, I have nothing against people from USA or any where else, stop the hate bro, gentrification is a result of new neighbors with higher income.
@@unclefester6501 poor folks that are just scraping by, do NOT cause gentrification. They can’t afford to gentrify any neighborhood! Facts!
@@unclefester6501you mean the labor that shoulders the cheap goods and services you benefit from?
Well we’re coming ready or not, and it is way cheaper than Chicago!!
This was made in July when the peso was about 17 to the dollar. Now it is over 20
For now. It’ll go up sometimes and down sometimes. But as long as the majority of the American citizens stay afraid to come down to Mexico, the prices will stay low. Overall.
So they’re withdrawing money from an investment account through Charles Schwab? How does that work? What kind of an investment account do they have?
A checking account.
Charles Schwab offers brokerage accounts and services. Go check out their website.
I have a question, what kind of goods can one take Mexico?
People who come to Mexico with an exchange visa for temporary residency can bring their household goods in a single shipment and Mexican customs will waive the customs duty tax. It’s best to use a customs broker to bring it across the border. The Mexican consulates have details about this on their websites, and they have a list of the restricted and prohibited items that cannot be brought into the country.
@@FLANNELSHIRT thank you
I wish they would have commented on the good and bad of Morelia.
Wayne if you have something to share about Morelia, please do so. Thanks.
@ I’m there a lot and always staying with my friend in El centro and really don’t get out to see any of the colonias around there. So always looking to hear from other people their highlights of living there. Now debating of spending more time there vs in Bucerias where I normally go for the winter months. But the kindness, friendship and love I see in Morelia is unbelievable.
What town did they land in? I cannot quite understand what they’re saying. USA mailbox in SD is a popular avenue for nomads. You can still become a resident in a day, but you can’t vote if you use a virtual mailbox.
San Luis Potosi!
Pictures of house?
Next time:)
Retired ex-pat, 2 years in Mexico after 1 in Belize. Applying for citizenship. Love what the Morena party is doing to increase the living standards of the working class - 2nd increase in minimum wage since I've been here, while it's stuck on starving in the US. EVERYTHING is better here, including the food and the lack of the government's boot on your neck. It's safer than America, the people are kind and loving, cost of living very affordable and travel is cheap, especially for seniors with the INAPAM card. Healthcare is abundant and state-of-the-art if you need it, and you almost never see a lawyer's office anywhere. Soon, Trump's wall will be designed to keep Americans IN.
Mexico will have to build a wall to keep the American retirees out -- and the USA will pay for that wall!
TDS lol
AMLO did 3 minimum wage increases.
I've been watching and listening to president Claudia Sheinbaum and she is no little puppy. My thoughts are she will do her best to take Mexico forward. MORENA ARRIBA. May I ask what INAPAM card is?
@@seniorLu48 Yep..Claudia is my gal. lol. She will do good for Mexico for sure.
When I speak of living in Mexico I say "We have a new President, Claudia Sheinbaum".
What does under $1000 mean
Stay away from touristy places in Mexico. We lived in Taxco Guerrero on 800 dollars a month easily. No rent we owned. U can buy good home in Taxco for about 100 thousand and a fixer upper for about 40 thousand.
Thank you for this information!
What income, dividends & interest taxes does Mexico charge American retirees who live there full time? Is there a tax treaty?
No one ever answers this question.
None. Only income generated in Mexico would be taxed.
The US and Mexico have a tax treaty so that US citizens living in Mexico don’t have to pay income taxes on the same income to both countries. The IRS website has some pages about it. There are also expat tax accountants in Mexico with good explanations on their websites.
Many retirees have savings and not just SS.
BRASIL is so much a nicer place to live and CHEAPER than MEXICO
TO BUY is 20% of what you'd pay in the US
What part of Brazil or cities do you recommend?
This guy's hometown is San Luis Potosi. Hundreds of street food stands.
ruclips.net/video/PxZmDc7Dbi4/видео.html
Be careful about your diet. Diabetes is the #1 health issue in Mexico.
@@ParisianThinker High blood pressure too.
❤
🎉
You can live anywhere in the world on 40% less than California.
Not accurate. Think Singapore, Paris, Hong Kong, Geneva to name a few:)
What town did they land in? I cannot quite understand what they’re saying.
Morelia, the capital city of Michoacán. It's located due west of Mexico City.
Hi, we landed in San Luis Potosi. -Marc
It's pronounced San Looey Poe Toe See.
Expats,, Nope, we're Immigrants if we live full time in Mexico.
Labels like 'expat' or 'immigrant' can mean different things to different people, and that's okay. What's tiring is policing how others choose to describe themselves. Let's focus on mutual respect and shared experiences instead of getting caught up in wordplay.
We’re extranjeros to the locals, gringos to other expats.
Mmmh depends who's telling the story, now move to the side of the locals and see what they see
Many (no to say all) come with the pretension of having everything as it was in their places of origin and many without any effort to speak Español at all, worst cases is that many can't even pronounce properly the city or state where they live (Quintana Roo -kinˌtana ˈroo- vs kinˌtana ˈru Puerto Vallarta vs Puertou Valarta and so on) of course if you're in that side you'll love to be called something that doesn't relate to "need" or "necessity" "struggle"or so
If feels like wanting to romanticize that need
@@adventurefreaksss let's respect each other by coming to a country based on merit. You folks come here to kick your feet up, you don't contribute to our workforce nor to our tax pool all you do is drive up prices and refuse to learn the language. Say what you will about Mexicans in america but without us lots of industries would stop working, without you folks down here we'll be just fine.
You should add Mexico income taxes to your list of questions, given Mexico taxes world-wide income (under certain circumstances). I haven't seen hardly anyone talk about being a tax resident in Mexico, which could catch people off-guard or be a dealbreaker, if they don't plan accordingly.
Thank you for your input!
We are moving back to the United States Mexico has gotten very expensive and the new government is very scary now be careful things are changing in Mexico now.
GOD BLESS the new president, SHE IS #1 IN MY BOOK
SHE TAKES NOSHIT from anybody including trumpy, she's kickedhisass numerous times in the last week - GO GIRL
“Very scary-things are changing”. How?
@Rex: What part of Mexico are you leaving & how long were you there? Can you elaborate as to what you mean by “changing”?
Marry a local.
100% yes!
For the record also. A lot more places for rent now in Mexico since most gringos don't make that 4800 K USA netto a month ok those who retire. And those, who make that money and more ok they don't need to live in Mexico so things has changed and it will even more since the Mexicans don't need the foreigners to move to Mexico foreigners need Mexico more so an Mexico need those foreign people. Bless us all the mundo is not the same anymore and never will even though the wars may end here in 2025 so the good old days are gone and nothing we can do about it only dream and make the best of it. In memory of Juan Gabriel and Vicente Fernandez.
Staying in hotels? Homes?
Can I park my motorhome
In reality, no where these days!
😮😳$4300?
Yes, we work with Lexidy's team and provide this information on our channel as well. ruclips.net/video/2k4VTPIEf8U/видео.html
You can look at the websites of the Mexican consulates in the US and Canada (there is one in most major cities) and look at the visa requirements. It’s all spelled out.
Mexico has become way too expensive for most retirees. $4,300 a month?! And it goes up every year?! Mexico clearly doesn’t want Social Security retirees.
I believe you can also qualify using your investments
Live in Mexico under $1000, not $4300?! Where did you get that from?
To qualify at the Mexican consultant for your residency visa, you need $4300 a month
Once you get your residency card, move to Mexico, it's what ever your lifestyle is that is the cost of living per month.
That’s very obvious when applying for a visa. Mexico has had enough of the poor without bringing more to their country from the USA.
@ - Perhaps.
Too many gringos
Mexico does not want USA retirees .
They require $4,400 monthly income to qualify for temporary residency visa .
Not many people on a fixed income can qualify .
Yet, they explained a way to get around the $4,400 (or so) requirement.
What did it cost to become long term resident, I hear it's a huge long term monitary commitment?
@@fosterbrower4116 They explained in the video how to get around that.
@
Yes ,
If I understand it correctly .
To qualify for no income verification
you would have to have visited Mexico
In the past few years
Then left Mexico ?
@@awakeaware9708 No, totally wrong. Watch the video again. It's explained very clearly.
Nothing is cheaper in Mexico anymore. You are better off by fare moving to Arizona it's much cheaper and safer.