Retiring on the Mexican Caribbean


Mexican Caribbean. Mahahual

Mexican Caribbean. Mahahual

I know there are a lot of people out there from the USA and Canada, and maybe even Europe for that matter, who have always dreamed of retiring on the Caribbean Sea after their work days and raising children are over. My generation, the so called “baby boomers”, are retiring in droves now, and a lot of the attention and interest they have is retiring outside of the USA.
Most of these retirees are looking for their own kind of paradise. Because of my job I am in a lot of ExPat groups and I subscribe to a lot of newsletters and websites that are concerned with retiring outside of the USA. One of these, “International Living”, I get newsletters almost everyday claiming what great places Ecuador and Belize are for retiring and the advantages of living there. I hardly ever see or read about the Mexican Caribbean in “International Living”. For some reason the magazine sure builds up Ecuador and Belize as the perfect places for USA and Canadian retirees. I don’t know if it is because of their advertisers or personal interests, but they seem to totally ignore the Mexican Caribbean, and especially Costa Maya.
In fact I got sent this last week proclaiming the advantages of living in Ecuador, and I will share and compare to Mahahual, Costa Maya, and the Mexican Caribbean.

Ecuador really does have it all:

Perfect weather year-round…So does Mahahual and Costa Maya

A U.S.-dollar-based economy…Dollar is very good in Mexico and does very well converted to Pesos.

Top-notch medical care—at one-fourth to one-tenth the costs in the U.S….Mexico also has top-notch medical care, and most doctors now speak English, and is very affordable and good.

Affordable private health insurance plans and a free government health plan that expat residents can take advantage of…Same in Mexico and Costa Maya.

A retirement program that will save you thousands of dollars a year…Mexico also has a very good retirement program and 7 million North Americans (USA and Canada), are expected to retire in Mexico in the next 10 years.

One of the lowest cost of living we’ve found yet. (One expat couple we know reports monthly expenses as low as $1,500!)…You can actually live for less than $1,500 in Costa Maya, depending on where you live, I live for about $750 a month in Mahahual, and eat good and have a good time.

And the world’s best-value (and often lowest) real estate prices…You can rent a house for around $200 a month unfurnished, and a nice furnished one for around $500 a month in Mahahual. In Mahahual you can buy a house for around $40,000, and beach property for around $100,000. You can’t get much cheaper than that on the Mexican Caribbean.

Compared to Ecuador, Mahahual and Costa Maya are just as good, just as affordable, and on the Caribbean, which Ecuador cannot claim. Also, Ecuador is a long way from the USA and Canada. While almost every major city in Canada and USA has daily flights to Cancun, you are only 2 or 3 hours flight time form your home in North America.

But the biggest and most important difference between the two is, the Caribbean, with its beauty and natural splendor. Ecuador does not have that, and in my opinion that is what most retirees in North America are looking for, their own piece of paradise.

(To put this in perspective, the average U.S. Social Security payout for retirees is $1,228 a month. Stateside, that doesn’t buy you much of a life. But in Costa Maya and Mahahual, those funds easily provide comforts and conveniences that would be well out of your reach at home. Like dinners out, a housekeeper a few days a week, even vacations…)

For all these reasons, Mexico is home to the biggest established populations of North American expats in the world, making it a great choice if you seek adventure with the comforts of home. The Mexican Caribbean is no longer a super-cheap option, but it is my top pick for enjoying a luxury coastal lifestyle on a budget

So if you have thought or even considered living or retiring on the Caribbean, check into the Mexican Caribbean, and especially Costa Maya and Mahahual, you will not regret it.


Thanks for reading,
Stewart Rogers USA-South Carolina

3 thoughts on “Retiring on the Mexican Caribbean

  1. Sylvia says:

    Really like your posts, Stewart, and find myself agreeing with everything I’ve read. I also found International Living’s hard sell on certain countries a turnoff, as if they have money to gain from any property you buy there….I mean, living in another country is not just about buying cheap property, it’s about lifestyle, the people, the culture, how you feel there. Anyway, love your posts. Have been to Mexico, Belize, Honduras, Panama, Guatemala, and I choose Mexico hands down. Will soon be making the move to live there 6 mths a year. Enjoy your time there and keep on blogging.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s