Most of you probably have heard the statistics that Mexico is one of the largest trading partners to the U.S. Many are also well-aware of the increase in the Mexican-American population over the last several decades.
However while we buy their goods here and they are investing in our companies here and many are moving here, are you also aware that many Americans are moving to Mexico?
While the demand fluctuates with changes in the economy and overall trends, older Americans are looking to Mexico to spend their golden years. “Large groups of Americans can be found in San Miguel de Allende, Lake Chapala, La Paznand Los Cabos on the Baja Peninsula and the Puerto Vallarta region on Mexico’s Pacific coast,” according to the article, “Retiring in Mexico: Still An Option?” in the April issue of the National Association of REALTORS® (NAR) Global Perspectives.
Could Mexico be a potential option for a client of yours? Maybe, maybe not. Check out the link below with the full article. If not Mexico, maybe it’s somewhere else around the globe. NAR’s International property database is growing and including more and more countries. Check out the database and get a glimpse of the world of opportunity in real estate for you and your clients!