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American and Canadian Retirees Find Living is Easy South Of The BorderBorder
American and Canadian Retirees Find Living is Easy South Of The BorderBorder
An eco-friendly subdivision called Vista del Cortez in Los Barriles is an example of an outstanding investment value, according to financial experts.
NGC,
TN,
India
(prbd.net)
12/04/2011
Los Barriles, Baja, California Sur – April 07, 2011 -- Americans and Canadians are finding that the sun-kissed lifestyle of Baja del Sur offers more than just a healthier lifestyle for part-time residents and retirees -- a move to Los Barriles also makes financial sense.
Retirees are diversifying their portfolio by investing in ocean view property – particularly in Baja del Sur, in places such as Los Barriles, which sits on the world-famous Sea of Cortez, about an hour north of Cabo San Lucas. Tourist areas such as Los Barriles are relatively safe from the dramatic risks more prevalent in other housing markets, meaning a better return on investment in less time.
An eco-friendly subdivision called Vista del Cortez in Los Barriles is an example of an outstanding investment value, according to financial experts. Retirees and folks who want to build their second-home in Los Barriles are now purchasing ocean view home sites for as low as $35K. http://www.bajadreamproperties.com
Another attractive feature about Baja for retirees is the fact that the Mexican government is heavily investing in its own country. In 2008, Mexico’s government launched a five-year, $250 billion program to build new highways, railways, airports and ports throughout the country. Mexico has a first-rate infrastructure, including high-speed internet, mobile telephone networks, high-tech medicine, paved multi-lane freeways and much more.
"Satellite and cable television bring news and entertainment right into ex-pat’s living rooms, the Internet keeps them in touch with hometown newspapers, and American food brands are available at the supermarket," according to CNNMoney.com
And the cost of living is up to 50 percent less than in the USA or Canada. A couple can live comfortably in towns such as Los Barriles along the East Cape for between $1,500 and $2,000 a month – dining out, maintaining a home, even hiring outside professionals to help with gardening and cleaning. Utilities average one third of the cost in the US.
No State income taxes and property taxes are $300 a year. Bottom-line, your dollar stretches further and buys more in Mexico today than it has in more than 15 years, according to International Living Magazine.
The Mexican economy recorded a 4.3 percent growth rate in the first quarter of 2010 alone (much faster than the U.S.) If you had invested $10,000 here in 2000 you would have witnessed a 233 percent gain, according to Mexican Real Estate News.
Retirees can still receive US Social Security benefits and apply for Mexican Health Insurance.
This government-funded health care uses the same high-tech medical procedures available in the US, but medical insurance only costs $270 per year including medications, with no deductibles or co-pays. There are countless state-of the- art hospitals and clinics such as AmeriMed, located in Los Barriles and Cabo San Lucas and care homes are being built for the aging baby boomers arriving from north of the border.
Low-cost quality healthcare, low cost of living, high-quality lifestyle, safety, convenience and incredible investment opportunities are just some of the reasons Baja Sur is being touted as the ideal place for Americans and Canadians to retire or own a second home.
For more information about owning property in Los Barriles: www.bajadreamproperties.com
Press Contact:
Laura Hamburg
Baja Dream Properties
Los Barriles, Baja
(707) 489-2792
khamburg@bajalandbargains.com
http://www.bajadreamproperties.com
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