You might be considering shopping for a foreclosed property at a distressed sale price in a resort such as Puerto Vallarta, Mexico. If so, you might as well forget it; you'll not see a foreclosure sign in Mexico!
Aside from the fact that Mexico is extremely convenient to the US and Canada, that Mexico's Senior Citizens´ Benefits Program offers up to 50% discounts on many services to retirees over the age of 60, that the Mexican government has enacted many new laws encouraging foreign investment, Mexico has become an incredible place to enjoy retirement, offering the quality of life that North Americans are accustomed to with numerous extra benefits.
You might be amazed to see that PV is approximately the same distance from Chicago, Minneapolis, and Portland as New York is from Houston, Dallas, and Denver. Relatively speaking, cities such as Houston, Dallas, Phoenix, and Los Angeles are virtually next door to PV. Another factoid; Puerto Vallarta is nearer El Paso, Texas than is Texarkana, Texas.
After being exposed to the past year of economic frustrations, you deserve to escape from the prevailing gloom and doom. If you have ever considered traveling to or retiring in Paradise, now is the time and Puerto Vallarta is the place! You will find many great values on everything this season; values that have not been seen for almost a decade and may not be available again in the near future.
If you're a Baby Boomer and haven't yet lost all of your money in your 401k or IRA, it's not too late; come on down to Puerto Vallarta and join the Pre-Boomers. The luckiest of the Luckiest Generation are truly living "La Dolce Vita" or the sweet life in this part of the Mexican Riviera!
the prudent buyer will always locate and use an Exclusive Buyer's Agent when searching for his/her retirement residence in Mexico; where caveat emptor, or buyer beware, is the rule to follow.
Regardless of where in Mexico you had invested your $100 ten years ago, whether it was in Mexican silver, stocks, or real estate, you’ve now got at least three times as much as you would have had if you had invested in the S&P 500 SPY’s!
The time has never been better for Canadians to explore the opportunities that exist in Mexico today. In terms of Canadian dollars, you can expect to find incredible condos at 30-35% lower prices than just a year ago and your cost of living will be 20-25% less than it was a year ago.