Why NOW Is the Best Time in a Decade
to Investigate Your Options in Mahahual and Costa Maya.
The U.S. dollar is stronger than it’s been in the last 12 years, and that means that retiring or living in Mahahual just got more affordable. A LOT more affordable. The dollar now is up tp 15.38 pesos as of yesterday, and they say it is going to rise higher.
According to Bloomberg , the dollar is up a whopping 25% since July, when compared to a basket of international currencies.
And it’s not just the price of real estate that’s lower for you when you’re shopping with dollars… it’s the cost of living, too. Everything from dinners out, to clothing, to the fee you pay the gardener and the cost of a taxi ride across town.
An expat who used to live comfortably in Mahahual on $1,500 a month, say, might buy the same lifestyle today for just $1,300. Everything costs him less. Effectively, he’s gotten a raise. At the end of the month, he has $200 extra dollars in his pocket. That could fund a great vacation… or some extra trips back home to see family… or simply be saved to further pad the nest egg.
Ways you can upgrade your lifestyle while you trim your budget… and all you sacrifice is your snow shovel and your winter coat. It’s a pretty nice trick.
In the right spot overseas, like Mahahual, you could effectively double your disposable income… afford that perfect second home you’ve always dreamed of… grow your nest egg… and secure a comfortable future…This was all true before the dollar’s rise. Now you’ve got even more buying power.
I talk to “Baby Boomers” all the time, and they always want to know if what I am saying about retiring or living in Mahahual is as good as I claim. I had a friend of mine who I went to high school and college with, send me a message the other day, and he told me he was all stressed out in his job, and was looking to pack it in and move to paradise. He then told me he did not believe Mahahual was all I said and claimed it was to be. I sent him an email back, and told him I did not claim anything, I was just sharing my experiences, and the best thing for him was to jump on a plane and come see for himself. He has no kids or wife, he has a big house, 2 cars, and he is miserable with the stress and his life working for a big corporation.
He, like a lot of other people I went to high school and college with, were a part of the blue jean jacket wearing, anti-establishment, pot smoking hippie culture that was big in the 1970s. They were going to change the world and make it a better place for humanity. All these guys did was as soon as they graduated from college, they cut their hair put on suits and went to work for the establishment. They are now looking back in hindsight, miserable. They sold out to everything they disliked and complained about in college, and now they realize they need something more. In fact, a lot of these guys grew up to be Republicans, which I still am having a hard time figuring out. How do you go from being against the Vietnam war, and burning your draft card to voting Republican? The answer is easy, money.
The “Baby Bommer” generation is for the most part all about money. They are approaching retirement age now, and they are looking for a place to retire or live out their days. So if you are a “Baby Boomer” Costa Maya and Mahahual might be the place for you. The dollar is high here, and throughout Mexico, so now is the best time in a decade to move to, or visit Mahahual. You can save thousands on real estate now with the dollar being so high. In fact a house in New Mahahual that was selling a while back for $115,000 USD, now you can buy it for around $98,000 USD. (This is because the house is listed in pesos, and because of the rise in the dollar, the price changes with the currency rate.)
The dollar goes a long way here in Mahahual when converted to pesos. When I first got to Mahahual, the exchange rate was 11.20 pesos to a dollar, so it has risen a lot in the time I have been here. For instance, you can get a good meal here in town for around 50 pesos, (chicken or fish, rice and beans, and salad), which today converts to $3.25 USD. You can buy a six-pack of beer at Fernando’s for 55 pesos ($3.57 USD), a pack of cigs 30 pesos (about $2.00 USD), so it is not just real estate that you can get a bargin here.
You can rent a 2br house for 3,000 pesos ($196.00 USD) a month, a really nice 2 br apartment 5,500 pesos ($357.00 USD), and these are just a couple of examples of the savings you can find now with the high dollar. Also your power bill, cable and internet bill, and all your other bills are in pesos. So for example, your basic internet and cable tv bill usually runs about 399 pesos a month, that today converts to $25.70 USD, and that includes high speed wi-fi.
I could go on and on comparing prices here to the USA, but I have done that numerous times in the past. But you don’t have to take my word for it, book a flight and come down and see for yourself. Now is the best chance you will have in a long time to vacation or visit Mahahual, with the dollar being so strong here. This summer flights are cheap from the USA to Cancun, this is the perfect time to check out Mahahual for yourself, while the dollar holds strong.
So if you are one of those “Baby Boomers” fed up and wanting to get out of the USA and live that life you said you were going to in college, now is your chance. You will never get a better chance to invest in or visit Mahahual than now because of the US dollar’s strength here.
Don’t miss this opportunity to make the most of it.
Thanks for reading,
Stewart Rogers USA-South Carolina