What else do you think ppl should know before committing to Mexico? Is Mexico for you? If you’d like to support more content like this, you can… buymeacoffee.com/TheYarbros and join our Patreon patreon.com/theyarbros
Garbage disposal, that no-flush tp issue is a real issue,,, not all small towns/restaurants/street vendors have access to Hot water to wash hands (😱), car/truck emissions less control than US-thus more toxic pollution, need to wash/soak in vinegar raw vegetables/fruits (black dirt), firecrackers 24/7 in some cities (not Merida). On the good side: fresh food! None of which will stop me from visiting/loving Mexico forever, but the combination Did stop me from moving there permanently. Good stuff that people need to know.
And what' the U.S. needs to return to, immigrants coming to the U.S. need to assimilate to the American way. President Roosevelt said it best In the first place, we should insist that if the immigrant who comes here in good faith becomes an American and assimilates himself to us, he shall be treated on an exact equality with everyone else, for it is an outrage to discriminate against any such man because of creed, or birthplace, or origin. But this is predicated upon the person's becoming in every facet an American, and nothing but an American...There can be no divided allegiance here. Any man who says he is an American, but something else also, isn't an American at all. We have room for but one flag, the American flag... We have room for but one language here, and that is the English language... and we have room for but one sole loyalty and that is a loyalty to the American people.”
Please Don't Mind Those Who Complain About Foreigners Living In Mexico...We're Glad You Come To Visit Or Live In Our Beautiful Country...Just Please Don't Drive To Other Cities At Night Is Not Save...God Bless You Two.
LOVE mexico and the culture. As a singke BLACK man they've shown me love. Never had an issue here. I love the people and their culture. I've been here three years and make sure I support local business while here
You have been treated better in Mexico than in USA. Are you sure? Where in the US are we talking about? Because here in America there are laws that protect against racism in Mexico there are no such laws
The assimilation advice is golden. That was also my takeaway from spending time in Mexico. If u don’t assimilate, u will end up isolated and being an “outsider” in Mexico is not a good thing. The strongest advice I can give anyone is to LEARN THE LANGUAGE. That’s the most important thing u can do to be accepted.
I need to move! And retire! I want to buy a house there too but i don't know where I even want to live yet! Only been to PV area so far. Need to venture out!
I think that the cost of getting a residency has gone up to try to curve the effects of gentrification. Mexico has become very popular with ¨digital nomads¨ and because of that, rent prices have not only gone up in some areas, but are now advertised in US Dollars. Thus pricing out the locals. Mexico has always been a friendly place for foreigners, but when locals get basically pushed out by foreigners that can pay more and take over the neighborhoods, yes, I think that it´s normal the some of the locals will develop negative feelings towards foreigners. And that´s true in any country, not just in Mexico.
I understand the sentiment and I'm not mad at all but it definitely lowers the attractiveness. It would be wonderful if the people that are getting priced out actually saw the funds. It would be wonderful but we know better than that. The rich get richer.
Very interesting perspective. The opposite is the number of Mexican immigrants coming to the US. In NYC in particular, they will take jobs for much less pay than an American worker and this lowers the wages for American workers. They can live on the lower wages because they share apartments and send most of their pay back home where it goes further. American workers need an American living wage. Again companies and businesses pitting two communities against each other. They should be uniting to demand fair wages across the board.
@@Bklyn112sorry but I completely disagree with your statement. It’s the unwillingness of “American” to take on the low wage jobs because they wouldn’t want to work 9-11 hrs labor jobs to earn a honest living but rather take advantage of govt handouts! I don’t see a gringo replacing a roof, cut down a tree or build a driveway when it’s 95 degrees out!
@@daveyny7711 You can disagree all that you want but I live and worked in NYC for a major corporation. I heard what was said in the back rooms. The US had free labor up until the Civil War! Since then they've always had a pool of exploitable low wage workers until the Civil Rights movement when undocumented workers were allowed to come over the border. The immigrants don't have families in NY so they share apartments and rooms with many other single men to lower their living costs. They will work longer hours without a day off. Americans won't do this because their families are here and they want to spend time with them. This is what creates the perception of "lazy Americans."
I sold my unaffordable house in Florida and move down south to Mexico now i can save more, I bought my all concrete around house i dont need insurance, no mortage payment, 50 dollar property tax annually, way better off than USA, I miss my town in Florida, but it was way too expensive for my fixed job income, and those sky high increases seem that never will stop
As a Americna-Mexican I'm actually shocked. I mean the minimum wage is $248.93 pesos a day. That's about $7, 470 pesos a month; literally $442 American dollars. I think 1,200 bucks is fair 4,000 is way too much. Every problem you mention we have them in California too. Earthquakes, fires, natural disasters, squatters, some unwanted taxes.
I was just approved for MX residency at the DC MX consulate. The requirements are definitely expensive in DC. I looked and the IN consulate is about $2500/mo. I also hear that the Atl, GA consulate is a good one. So if anyone wants to get residency I would say do it now because the solvancy route is definitely getting higher. Also if you are able to live in MX for 180 days you can obtain residency without the solvency requirements thru their RNE program. GREAT VIDEO! 🎉
Gotta say, the best thing about your channel is its longevity, alongside straightforward honesty which certainly goes a long way to help people make that big decision to emigrate there. I first visited as a tourist/traveller in 1993/4 but what made me stay after my second visit in 2008 was meeting a Mexican woman. It was pure coincidence, it was a Saturday night and she asked me what I was doing in Mexico City. I replied that I was going to visit Querétaro then travel overland to Panama via Belize and Costa Rica, the two other countries in CA that I'd never visited. Well, she said, if you're still here Monday afternoon, I'll give you a lift should you wish, 'cause I live in Querétaro. I rang her on the Sunday and said yes, thanks a lot, that'll save a lot of bother! Now, a lot of people talk about the class system out here being a real obstacle to integration, and they're right. Her uncle had worked for a previous President and her family were well off, whilst I was a working class Englishman. Mexico is a lot like Spain and Latin countries in Europe, where the adults dress up in their Sunday best just to go out for their evening's paseo. I get home from work and will go out after having worked on my motorbike - still coved in grease and grime and still wearing my working jeans and jacket or what-have-you. Don't get me wrong, I love to dress smartly just as much as the next man, but there's a time and a place for everything. And a trip to my local bars or cantinas for 2 or 3 bottles of beer simply to unwind at the end of the day isn't one of them. Pretty soon, mind you, all the locals think you're just a local yokel and uneducated (I went to the University of Life). Before long you will of course have met all the local ex-pats too. Their reasons for coming range from an Englishman who loves the very open gay and bisexual scene in Mexico where, if a bloke carried on like that where I come from he'd get a good pasting (he got married to a local girl too, who puts up with his predilections due to his high income), to a Ukrainian who moved here after the invasion of the Crimea and then got himself a coke habit, to another Londoner who had a habit before he came and died of a heart attack last Christmas. A Mancunian came back with a woman he met online, had a kid with her here, before she took the boy and went to live in the UK, before marrying a Portuguese feller. The poor Manc fell into alcoholism and putas (prostitutes), before we fell out when he made inappropriate comments to my gf (also mother to our kids). I knew a Moslem "Bosnian" refugee, who plainly wasn't really Bosnian because he didn't bat an eyelid when I played their National Anthem on the stereo in an ex-gf's café. An Italian borrowed money to start a posh ice-cream emporium from his wife's family, then he got cut off financially when his wife found out he was shagging one of his employees (a waitress half his age). I could go on, but you get the picture. People come here for all sorts of reasons, one of which used to be the cost of living. That's ended. Not only is there this new law about minimum income, but prices in supermarkets are artificially high due to the cartels who tax the growers. Potatoes come from America (Mexico, btw, is in North America), but whereas back in the UK we have a choice of about 6 in the supermarkets and more at the farmers' market, here there's just the 1 type in the super, and the same variety on the street or covered market, the prices are artificially high and the cost per kg is identical to Sainsbury's or ASDA back home. Same goes for a lot of other stuff, but who's gonna argue the point? Blimey, I'm writing a book here! Keep up the good work and please, if you remember the name of the black guy who used to post on the black communities in Mexico, where he seemed to get a new gf in every one, please could you remind me of his name or his channel's name. I can't find them anywhere and I've got a black mate who's interested in moving out here.
Your list is really good and it's important. Many people don't do due diligence when moving to another country and end up going back to their home country because their "idea" of the country and the "reality" are miles apart. Good job!
When I visited MC, my friend’s mother had to go out and scold the police/ security in the squad car out front, they came by for money . I guess it’s “ a thing”, she’d already paid them.
An exceptionally well done video! The wife and I are gearing up for retirement to Mexico, and while we meet the financial requirements based on our assets easily, we -- just to reinforce what you pointed out -- don't think we could afford living at Gringo enclaves such as Ajijic or San Miguel de Allende. The cost of a nice home there is not much below one in a nice area of North Carolina, which was up to a year our #1 destination. Sure, it's a great deal cheaper than SoCal, which is where we live, but it ain't cheap no more, that's for sure. Another great point you made is assimilation. Many of us shake our heads when dealing with Hispanics in the US who barely speak a word of English. On the same token, anybody who wants to live in Mexico absofreekinglutely needs to make a genuine effort to become conversational in Spanish. There are still UA-camrs out there who live in Mexico for half a decade and barely know a handful of words. That's just not cool on so many levels and severely restricts one's ability to assimilate. Another point in regard to home ownership is that home purchases are for the most part all cash. That entails a risk in and by itself, just the transaction alone, and the paperwork. So, again, thank you for making this wonderful video!
Don’t exaggerate the home prices. You or I could buy one of these homes near Lake Ajijic for $80,000 or $169,000, to pick two of the listings on the first page that popped up…. You’re right about the need to show respect, and connect with people, by learning more than tourist / rudimentary Spanish if you’re going to live there for a period of years…. Our family is entirely citizens and permanent residents of Mexico and we enjoy the months that we spend there each year. But much of that depends on affordability as determined by the dollar-peso exchange rate and the IVA (Value-added tax) rate.
I love your content because of the honesty. I deal with a lot of clients moving to Querétaro without having the mind set of having to assimilate. Great job with this one!
Please stop sending gentrifiers. If they want to settle here welcome but if they want to call themselves "expats" instead of immigrants and want to take advantage of their privilege, please don't come.
It seems sorta counter to the idea that raising the dollar amount to get in will prevent "gentrification'. Higher income people coming in will make it even more divided as far as the income disparity. They could have done it like Panama and require an FBI background clearance. Or like Ecuador require a higher learning degree. I could get in based on current income, but not on retirement income when I stop working. So for anyone thinking about retiring there, get the residency NOW.
Lol, the government has zero interest in controlling gentrification. They only want to tax and filter the tourists and immigrants. We see this in the Cancun tax, then new Maya train that only has 3 "executive" class tickets for tourists, no rent controls or regulation. They are in favor of gentrification....at least it appears this way to me.
Not, do you have understand that the money they ask to get the recidency is base on minimum wage times, so every time that the minimum wage increase usually on January first of every year also the money requirement it's going up and the last years the minimum wage in Mexico at least increased 110 percent so that's why you seen the change, the rules are the same but not the minimum wage.
@@TheGdlvegas True the increased minimum wage is tied to financial requirements, but Mexican consulates around the world continue to use the multiplier system... which Mexico's own immigration moved away from in 2016. More people would continue to qualify if the global Mexican Consulates would get up-to-date. My two cents: An increasing number of countries seem to WANT to make it difficult for their citizens to leave.
Annie- your on point, I retired in 2021 - I have lived in Panama ( which uses the dollar-and is not cheap) I tried Costa Rica but only visited and now Colombia- on Visas- I am from Texas-so logically I want to move Mexico ( I have cousins that live there) but can't beacause of the financial requirements, and expat feedback acts like they dont want you there either. There is somethying strange about this.
Yeah I think the govt shot themselves in the foot this time. Wanting MORE wealthy to come will just make more SNOBS show up Sounds strange but instead of raising the minimum, they should have put a CEILING on how much you make so regular people can come there and APPRECIATE IT. NO, YOU CAN'T ENTER, you make TOO MUCH MONEY ! THAT would rattle some peoples mind ! But as usual, a situation has a way of working itself out on it's own. These arrogant and ignorant pigs don't have what it takes and quickly realize it and sell their shit and leave ! A HAPPY DAY FOR EVERYBODY INVOLVED !
I used to travel to Mexico every year for a few weeks back in the last century! Then I lived there for a year in 1984-85. I lived in a colonia (Bugambilia) outside of Oaxaca City, and also in the campo outside of San Cristobal de las Casas, Chiapas. My how things have changed!! 3 years ago I made my permanent move to Guatemala. I had already achieved permanent residency on a pensioners status. Income requirements $1000/month, easily attained by social security or a pension for most Americans. They do vet you though...you have to provide clean FBI and county court reports, among other things. It took me a year to get approved. While I am living here happily and have just finished construction of a new home in the Altiplano...spring all year 'round, no need for heating or cooling...cost of living is way higher than it used to be. Mercado yes lower prices on produce, but you won't find anything organic and it's hard to vet the quality of the produce with regards to how much they are chemically sprayed. Higher quality food is more expensive, as is anything imported...import taxes are high. Restaurants are pretty expensive, I don't know how the poor locals manage. But there is always cheap street food and price fixe ("executive") meals. Also, if you have a car yes, you pretty much pay for parking most shopping places, they charge you property tax to renew your registration every year and it ain't cheap (like NC where I moved from), and gas is just over $4/gallon. I haven't been in touch with prices in the US lately so I don't know how they compare, but friends tell me they are sky high. So it's probably still cheaper here, but on the rise. Also, the Guatemalan quetzal is extremely stable compared to the dollar, and lately the dollar has lost ground, so we are paying more for things than we did last month. I hope some of you might find this information useful. ❤ Or at least entertaining LOL.
@@HappyHavoc-v3l That's a good reason...good luck! I hear that the new President Scheinbaum will repeal the GMO bans so Mexico can be good little slaves to Monsanto/Bayer. I hope that doesn't' happen.
Thank you guys for making this list! You'd be surprised how many people make quick decisions like this without really taking time to consider all the pros & cons..
DUHHHH ? Just look at all the idiots who left the NE and moved to Florida, Texas etc NOW they are mostly REGRETING it because they thought they would be saving money in a state with no state income tax. BUT, they got slammed by having their home tax and insurance increasing 5X what it used to be ! So there is NO TAX SAVINGS, you just got screwed royally by something else. I bet they'd be GLAD to pay state income tax if the home tax and insurance returned to normal ! Instead, like moving to Mexico, they can't handle the new situation and run out of the state for greener pastures elsewhere When you are an unhappy person, IT FOLLOWS YOU AROUND WHEREVER YOU GO !
Thank you for a great video. I admit I first thought this was only going to be click bait like some other channels based on the title, but every point is spot on. I got my TR thru economic solvency last November. As you say in your video, it's 20% more to qualify this year so I am glad I did it last year. I am moving to Mexico next week to live full time. Assimilation and being mindful of how the locals live and their struggles, as well as learning the language is the key.
Hope you have a great stay! Mexico is lovely. Mexicans we just wish foreigners learn about our country and language & will be happy to also learn words/language and your culture! Some ppl get mad bc some foreigners never blend in & just seem stuck up (from outside perspective bc I believe most is just out of not being able to communicate or something - I'm talking more in the towns where retirement happens, cdmx has more of a blend) wishing u the best❤
@@ElizRued I agree. Nobody wants to be around immigrants who refuse to learn the language or maken an effort to fit in with the locals. I've lived in 3 different countries, and if you're making an honest effort, the locals are forgiving. A lot of people go to another country and cling to "the way things used to be back home" and don't want to learn anything. I'm moving to Mexico soon, and I plan to take language lessons so that I can at least do basic communications and make some friends, even if my Spanish may not be so fabulous. By the way, Mexicans I encountered appreciated that I try to be polite and use my rather limited Spanish to communicate rather than expecting them to speak English to accommodate me. And my Mexican friend who is fluent in English was very happy to teach me some phrases I could use immediately to order food, etc. when we were out so I could try with wait staff.
The one thing locals hate with a passion is hearing you tubers talking about how CHEAP the cost of living is in Mexico. Some of the locals are getting by paycheck to paycheck and expats are driving prices up causing the locals to move out of a town they grew up in. So you hit the nail on the head
Ppl should be more sensitive but the government, tourism industry and business market in general is to blame for inflation. Not expats. Mexico has made a choice to cater to foreign money. Hopefully they take care of their ppl too at some point.
Not that I could realistically afford to move anywhere right now, but this info was still very valuable. If I were to ever relocate, I’d still seriously consider Mexico as I love the culture, language, people, food, etc. Thanks, Yarbros!♥️♥️
I started my Mexico UA-cam journey watching you. It's such a pleasure seeing how you have evolved over the years. Quite the professionals. Yes, this video is correct. I"m so happy I've had my residency for a few year, today it might be a challenge. Thank you both, I'm glad you were around when I decided to get residency !!!
I found this video quite informative. ❤ I received my temporary residency in 2022 and extended it last year for another three years with the intention of going permanent at the end of the three years. I’m so happy I did that when the doors opened for me because now I wouldn’t be able to meet the financial solvency requirements. I had the same thoughts as you about Mexico strategically increasing the financial requirements to weed out the “peasants “ so to speak. With some thought and strategic planning you can live in Mexico quite nicely. I’ve met some wonderful people in my travels to Mexico and I’ve fallen in love with CDMX.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@@YinusaSaheed Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* , a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
Love your channel! You both keep it real, no drama, just the facts mixed with some humor. I just subscribed, and wish you both success and happiness in 2024.
As a Mexican, i thank you for this video. People like you are welcomed. Looks like you've done your homework and i appreciate that you try to educate foreigners. However, there are many people coming, enjoying things here and already VERY ready to take take take. So for that kind of people: "Listen up y'all..." if you come here you better have a STRATEGY to learn all about Mexico, the language, the culture (so you can respect it) and be willing to learn the troubles and also DO something about it. OTHERWISE you're NOT WELCOME. (at least pay taxes here)
We moved to Mexico during Convid. We live on the Riviera Maya, the Caribbean side. Beautiful beaches, we love it here. Got pur Residency 3 years ago. We used the Regularlization program. No financial requirements and we applined within Mexico. There are ways to do it.
I was born in Yoakum Texas and grew up in South Texas, during Jim Crow, in Sinton Texas, outside of Corpus christi texas. Use to go to Mexico a lot I speak the language and of course as a child we lived in a mostly Hispanic neighborhood my mother spoke the language also funny being a Aboriginal Indian indigenous to the America's an knowing about the Seminole's and being Sobaipuri and Cha'hta Apache an Ayiyunwiga Cherokee. Has thought about moving to Mexico a lot, but not along the border but more down in southern Mexico. An relocating my welding business there too, my wife is Natchez Apache and Mexican, we have been together for over 35 years but Married only 23 years. Keep up the great work really like your channel, much love from Freman and Hilda Huachuca Lamar and family.
This is the best video I have seen so far about moving to Mexico. There are countries that require a year’s rent up front. I saw a video yesterday and the interviewee asked questions as if she was getting a bonus based on the responses of the ones gave to entice people to move there.
I'm Mexican and, by far, this is the most accurate informative video I've seen on the subject. Excellent information indeed. Regards from Cancun! You guys are awesome!
I just left Puerto Vallarta, where I was for 5 weeks. Started out in a hotel (Fiesta Inn at La Isla), then went down to Malecon (the Boardwalk - no thanks!), and wound up in a nice Air BnB townhouse in Ixtapa Jalisco. I went to MX for a vacay from FL (Orlando), with no intention of living there. I know someone there who is also from FL, and to afford living there, she has to hustle, just as if she was back in Estados Unidos! I can say that, PV in particular, has a great appeal because it's ranked as the 2nd safest city in MX. But, it's not the cheapest, by far. My Air BnB cost me $1350 because MX does have taxes. However, it would have been more if the host chose to charge me for the 2 other people in my party. Also, shopping at WalMart wasn't cheap - my first time shopping there, my bill was MX4357 = $255.68! WTH?!? Where am I?!? We took public transport wherever we went (MX10 centavos for the bus), or rode in Uber. So many Canadians there, buying up the property and pricing the locals out of their own country, just like in Lisbon, with the Europeans. They also have a grocery store called La Comer that rivals Whole Foods, where a 10oz bottle of Coconut Aminos was MX238.66 ($14 USD)! So, yes, I agree that Mexico certainly has its site set on the wealthier immigrant, so, please don't go there thinking it's dirt cheap, though there are areas that are still beating prices in the states by a mile, like Sayulita. . Overall, it's just not the place for us. So, after 5 weeks, we jumped on a flight to JoBurg, SA and are loving it here, so far. I can tell you that living here is WAY less expensive than MX, the US, Portugal and Spain. So, choose wisely. Oh, BTW, not sure if Mexico is considering offering a Digital Nomad Visa, like SA is in the process of doing, and Lisbon, France and Spain already have, but that'll be a game changer for many, if they do. Happy & Safe Travels!
Hey guys! ❤ Great video! 💯 Just watched another video saying that water issues in Mexico City may be cause for concern that may start to affect other areas of Mexico. With that, Mexico continues to be an option with a side eye! 🧐
I have my residency, so Ibam not concerned about #1, but I was shocked to see the bew economic solvency required for 2024. This is crazy, and I feel bad for the people who could have done it before and didn't. They doubled the amount required. That means they realized American are coming to Mexico because America is getting too expensive for them, so they do that to prevent the broke people from America to move to Mexico
The requirements change yearly because they are attached to the yearly increase of the Mexican minimum wage. The government wants to make sure expats are equipped to take care of themselves
@@cw8317 Get over it and use the proper word like educated European Spaniards..Estaunidense. And in many other languages AMERICAN means USA because in the name of our country. sigh*
My mom just moved to Mexico so I've been looking for videos to try to get an idea of what she's got into. She lived in Chillan (Chile) for 7 years. First video I've seen from your guys channel and I'm already loving it up in here! Great job you guys. Peace ✌
First of all, you did a great job of covering a lot of important points. As a dual national who first immigrated to México in 1978 as a young man, I would say the most important point you have made is regarding assimilation. Personally, I would rather the folks who don’t wish to assimilate would just stay home though many of them flock to the expat enclaves of Ajijic, San Miguel or Puerto Vallarta. In regards to cost of living, it has definitely gone up. If people are living on a dollar income from pension, etc. it is important to note that the exchange rate will also effect the cost of living. Today, one receives around 80% of the pesos for each dollar that they would have received just two years ago. I do wish to challenge one statement. You said that Mexico City was “almost wiped out” by the 1985 earthquake. That’s quite an overstatement. It was devastating. It was horrific, but the damage was predominantly in certain areas of the city. Mexico City was of course built on a lake bed, but the subsoil varies greatly from one section of the city to another. Certain colonias/neighborhoods were devastated while other areas suffered only minor damage. Interesting that the worst hit areas were downtown and in the Roma neighborhood which is one of the most popular neighborhoods for foreigners today. So don’t just look at the earthquake danger in the city, but find out what neighborhoods have a more stable subsoil.
Great video!...regarding zoning laws, you can avoid that by renting/buying in a "privada, coto, gated community",....regarding anti-expat sentiment...it is minimal, confined to a small group. there's around 1.6 million americans living in Mexico, and upwards of 30 million Mexican nationals living in the U.S. The Mexicans contribute immensely to the united states, as expats do here in Mexico as well! oh, you forgot the noise? haha
Interesting video. I'm Mexican, I live in Monterrey, and you guys mentioned several situations and issues that a foreigner may found when moving to our country. As a Mexican, I take for granted some situations because they're part of our daily living, although I don't feel comfortable and I'm even against, for example those issues and problems with household, renting and some others that are based in our unfairly laws or its enforcement. Be also aware about some people taking advantage of considering foreigners as money target, and also with some government corruption. But at the end I'd say, enjoy Mexico and its people and its culture. Mexico welcomes al those who respect our country, our people and our traditions.
Great job on the video. Great content. I'm in agreement with everything you've related to. I do see a lot of people not cut it here and many people want to go to different areas. For those reasons, I would avoid buying and avoid doing the residency hassle. There is always talk about Mexico getting more strict on immigration, but for the most part, they aren't concerned with your coming and going. I have seen where smaller towns have been taken over by immigrants (US, Canada, Europe) and Mexicans are okay with it and uptight about the lack of assimilation. They are small villages that are now prospering. The opposite of that is my city where I found a manifesto pasted on the wall from a Mexican fed up with Gringos raising all the costs. For the most part, if you are a good neighbor, the locals treat you well. I love the piece about zoning. Crazy stuff; house, tire store, house, restaurant, house, night club, house, doctor.
I’d add a few considerations to your list: 1. Can you deal with dirty air-like Los Angeles or New Jersey before the clean air act. If you like to take a deep breath of clean air, maybe not a good choice in the cities; 2. Water, if you can’t adjust to using bottled water and not running to the tap for a drink--not going to happen; 3. Health Care, if you’re not on auto-pilot and have health issues, consider whether you will be able to get the care you need.
I retired and moved to MX in 2020. I am the "Anchor Tenant" for my friend as his wife. I am the only American in the small apt complex. I've had about 15 different neighbors because locals move in and out depending on their circumstances. COVID complicated my Residency attempts so I might return to the US this near. The Residency costs have skyrocketed for sure.
You've been watching the changes first hand. If you were here through Covid you qualify for the Regulization Residency which isn't tied to income at all. We qualify too. Look into it if you want a pathway to citizenship.
Hey R! This is Dini. Just had lunch with your brother at the Kzoo and heard you are doing well. Glad to see your UA-cam channel is so popular. Good advice for those considering moving to Mexico.
You guys are so on point. I have lived in Mexico for about 2 1/2 years and the cost of living has doubled in a lot of economic areas including the exchange rate taking a dive the last year or so from $20 Pesos to the dollar to $17 Pesos to the dollar. Like many others that live here, I am retired and on a fixed income. My income is NOT keeping up with the inflation here. I am looking at other countries to possibly move to. I am getting priced out here.
@@TheYarbros There are a few areas that are still affordable: Nayarit, Puebla, Chiapas are just a few. I just need to find my “tribe”. I’m getting there.
Saying stuff like that regarding the exchange rate might be part of the reason why some Mexicans might leave mean comments! The impact of a strong peso on the economy is complex and beyond the point here. However, a lot of Mexicans have never seen the peso appreciate like this wrt to the dollar in their entire lifetime and might make them feel optimistic about the country. For some Mexicans a comment like yours might feel a bit self centered. Not trying to be rude here.
@@andresmendezruiz You are EXACTLY correct. I am speaking MY truth, I am NOT condemning Mexico’s Strong Economy. I am extremely happy for the strong Mexican Economy. I NEVER said anything BAD about the Mexican Economy. My comment was 100% My personal experience and MY TRUTH! As far as quoting the EXCHANGE RATE, that is posted publicly through out the World. TRUTH IS NEVER RUDE….John 8: 31 &32.
Just came across your channel and enjoyed the comprehensive nature of its input. I'm from the UK and travel extensively so not surprised by the information that you've put forward, but really like how its presented. Love what you do, keep on keeping on.
GREAT job telling it like it is! 👏🏼👏🏼 we recently brainstormed our own list of challenging things about daily life in Mexico that are important to know before making the move. There really are a lot of nuances that people don’t realize (until they experience them) and for some, those things could be dealbreakers.
Great content here. Thanks for sharing. One item about residency is there is a monthly income or 12 months of savings. 2023 the number was about $77K this year is in the high $90's. It can be an easier number to prove. The assimilation and being low key about lifestyle, super on point. The most fun I've had in Mexico is learning Spanish from local merchants and workers.
Expensive for those who want to live in touristic zones in big city ,tall buildings and comdominious might as well stay where you are . But if you live in a small walkable town somewhat close to a big city for shopping when need it is posible to live much confortable in a nice funcional house than living a lavish life and run a business now that’s to complicated.
Very true, but translation = dry ; of little cultural stimulation… once again he's correct, “ stay home” Though, expensive is a subjective label…. Ive found Mexico very affordable... And I really like the real estate and climatology of the central regions… yet it's a no-go for me
@@1879gymexactly depends what u want bc mexico is still affordable than many other places. It's only the trendy areas getting gentrified & rents going up. About some other stuff going up, there is a WORLD inflation going on sadly + peso getting stronger a bit. Also, it's normal u should learn a bit of language & stuff like that
I was just there on vaca and kept being told that they were charging me less because I spoke spanish. It was so true my friend that doesn't speak spanish kept getting charged up to 3 times more.
Thank you for this very informative video. I've not seen any other video that discusses these issues. My husband is from Mexico but I'm American and I've been debating about whether retirement in Mexico is wise or not. As the wife of a Mexican I don't know how difficult it would be for me to settle there as opposed to other Americans.
Hi Guys I. Haven't seen you two for a while. I was in Merida last year this time and I couldn't have stayed there longer. I was there for two weeks. Very nice. I can't afford to make it my home now. Looking at Texas and Ghana Take care. 🏡
Hello, I liked your videos about I just want to add something about capital gain taxes I do it all the time, I am a certified real estate agent in Puerto Vallarta, You can exempt if you are residents and have your RFC, which is the tax identification number here in Mexico. You can avoid paying 700,000 udis which are around 5,675,427.10 pesos that is only on the utility not on the total value of the property.
Something like this is calculated, the value of the property as you bought it plus the taxes you paid, subtracting that from your final purchase price, you will have an amount if it is less than 5,675,427.10, you can exempt and not pay taxes for the sale and you can only do it once every 3 years, if you exceed this amount, taxes are charged on the excess of the exception, it is not on the total. In fact, it is a good business to buy and sell in some cities like Puerto Vallarta.
Acapulco was destroyed by a “hurricane” 2 weeks after the one in PV that caused very minimal damage while Acapulco was completely wiped out- media attention was low but please look it up. Such a tragedy.
Nice clip - clear, informative and to the point. Mexico has always ranked high on my list of possible retirement destinations, but with the new residency financial requirements (and being that I've already put in almost four years in Colombia at this point) I don't think it's gonna happen. A comment about the "assimilation" issue - while I totally agree that you should make every effort to 'fit into' the culture you've chosen to live in, many people take this another step and say you should actually adopt that culture in place of your own. And especially at my age, that's simply not going to happen - no desire to suddenly become a diehard fútbol fan or learn the intricacies of vallenato music. Also, I feel you on the lack of zoning laws aspect - the same goes for Colombia and generally the more businesses that move into former residences on your street, the busier and noisier it becomes.
Makes sense. Regarding the assimilation, I think it's more about settling in and adapting to your environment rather than expecting your environment to adapt to you.
Just fyi, nobody expects you to like those things because even not all colombians/Mexicans like those cultural stuff! It's more learn more of the language, interact, and be respectful
Watching the replay and México is still on my list and I think will stay on it until my scouting trips say differently. Panamá is my #2 spot because of the potable water, but we'll see how I feel since people compare it to Miami (not sure if I like that) 😬
Panamañian here, only certain part of the city I can compare to Miami. Also a small portion reminds me of NY. Things can be cheap or expensive depending on your taste
You guys provide a lot of information about Mexico. I’m so glad I’ve been living in Mexico off and on for over 20 years and the border town isn’t much better.
I've heard that Portugal is getting more expensive. It's another place where expats were going because not speaking the language is or was not a problem and entry relatively easy. Like everywhere when people start flocking to any place it becomes more expensive.
@@TheYarbrosHola Rondel y Apryl! Portugal recently changed their residency program that made it an inviting place to live or retire. They have always taxed any income you have from wherever you made it but now it could be taxed up to 40%+! I was lucky enough to qualify for my Mexican residency visa in 2022 but I had to fly to McAllen to get it. Most of the places I was looking at required a minimum of around $2700 and where I lived in the LA/Ventura area it was just over $3000us. A really kind facilitator named Gabrielle out of Mexico City who I had talked to in January 2022, texted me out of the blue in June and informed me I still qualified in McAllen and that they had kept their requirements at the level needed in 2021 which was a minimum of $1740 so I flew there. You two should try and get your residency through the RNE program while it is still in affect. I am able to live very comfortably in Ensenada on less than $1100us. Vivir como un rey en Mexico! Buena suerte!
PORTUGAL doesn't give a damn about you, all they want is your $$$ It's pretty to visit but such low class ancient real estate, very 3rd world to live in a refrigerator
I've lived in Mexico for 30 years. I have never experienced anything negative here. But they are right, when in Rome, do as the Romans do. I live in a small farming town and I live like the mexicans. Great life.
You didn't mention in the assimilation section about learning Spanish. A vital part or assimilation and yet so few bother to do it, and instead expect the locals to speak English. Imagine if the Chinese for example came to our countries and expected us to learn Mandarin, they'd be gone from the country before they knew it. Why should it be any different in Mexico towards foreigners who want to live there? I lived in Puerto Vallarta for 3 years and we had a massive group of foreigners living there and yet so few bothered to learn Spanish, it was quite embarrasing to say the least. Make the effort and the locals will love you and welcome you in.
Hi you two! We bought a place in Mazatlan a few years ago! So far just visiting and not having to rent it out. We won't do that! It is there when we get the chance to go. We do love it there but haven't experienced the summer yet. We can wait a bit longer for that! Haha. This is a great video. I do agree with all your points! Luckily, we haven't had any issues so far. And we live in a very local gated community. Hoping it stays that way! :)
The popular areas will be cheaper than the US but it is likely they won't be as cheap as they used to be. A couple of cities in Mexico the prices are similar to the SF Bay Area. The houses are huge which isn't what I would one want.
We had only considered Merída in Mexico because of the safety level (we have a young child and a senior parent that would be relocating with us). Then we went for an exploratory trip and found out it was Phoenix AZ hot 🥵, like melt the soles of your shoes hot there. So it wasn’t going to work for everyone. Now it’s just become too expensive to get residency unless we wait for a few yrs to get our financials right. But also my husband is a Colombian national and it’s just less barriers to entry to move to Colombia not to mention we have extended family in Colombia. Mexico is still attractive because of some of the amenities we are used to from the states. But in the moment it feels out of reach. It’s still on the list but it moved to a much lower place on that list for now. Thank you for what you do by brining us this great content❣️
Safety level is everywhere in the US in every corner you need to watch your back if you have a nice car they would follow you , School shootings , mall shootings, they brake in into your house so it's everywhere.
@@robsmazatlanvacationsMay I ask if you are one of those economic refugees that live in Mazatlán and hate the local music? The anti immigrant sentiment has risen not only because gentrification but also because some economic refugees not only don't assimilate but because they come to this beautiful country and try to change the culture, wants silence and peace on our beaches and wants to bann the banda music on the place where the banda music born. Also like we see it in Puerto Vallarta, some economic refugees come and buy houses next door to a restaurant that has been in that very place for over 30 years and they want to close it down because the restaurant has a live Mariachi music playing and they want peace and silence. Or the case where a gang ogñf economic refugees forbid the entry to Mexicans to sight the eclipse in a PUBLIC PARK! And the last one, the economic refugee that last year tried to k*ll a women and a boy and assaulted a waitress on a restaurant in Guadalajara for no reason and 2 weeks ago assaulted a men and tried to k*ll him (again put of the blue) in the same restaurant. So, it is an honest question, are you one of those?
I’ve seen so many UA-cam videos about moving to Mexico. I can’t believe I’ve just now discovered you guys. What a wonderfully informative video this one was! I’ve just subscribed and I look forward to seeing more from you. You’re so right…the time is NOW to get residency. We should have done it last year, but hadn’t even visited yet. Now that we know how much we love it it’s full speed ahead, although it seems like a long road to dismantling our life and actually living there. Do you have any videos about the process of selling everything and how you got yourself there (driving your car, flying, using a moving company)? Until the next video…cheers!
Don't wait or the time will never seem to be just right! Get rid of everything, remember you are starting a new life. I sold as much as could and gave away all the rest. Don't put your things/stuff/ junk(?)in storage! Storage fees add up and using a moving company makes no sense with all of the logistics involved. It's all things you can easily replace for much less than the storage fees or moving fees when you get here. I drove down from the Ventura area with my car packed with only essential things like clothes, guitars, surfboards and kitchen things. Plan on at least one of you getting a Temporary Resident Visa, that way that person can legally drive a US or foreign plated vehicle without spending thousands on import fees for your car. I could go on.....BTW- Get a Charles Schwab debit card or something similar before you leave, they reimburse all ATM and exchange rate fees. Don't use your US or Canadian based credit cards unless you absolutely have to, most charge a 3% exchange rate fee! Something that could save you hundreds of dollars each month, many people still don't know about using the "Decline" button on the ATM's. When they ask if you to accept the exchange rate they are offering you, DECLINE IT! You will still get your money! It's a sneaking way of the bank giving you a terrible exchange rate! Research! Buena suerte!
@@davidsebastianelli1326 ¡Muchas gracias para el información! We actually took that first tangible step last week and got a Charles Schwab account! We’re off and running! We do hope to drive down in our paid for car and just take what it can hold (2 guitars for me and no 🏄. One complication is our great big cat and all her stuff. Will fill up an SUV quickly. 🤷🏻♀️
❤Hola my favorite couple. I just received my 4 year residency through the amnesty program. I love it here and looking forward to my future husband joining me. But you're right. You gotta be willing to assimilate❤❤.❤❤❤❤
The US does require that from people in several countries! China and Nigeria are top of mind. Mexico is only asking income requirements to get RESIDENCY. Most westerners can stay up to 180 days as a tourist.
That happened to me once - they only gave me 150 days. Sometimes they crack down and other times they're just like "You get 180 days...YOU get 180 days...E'rbody gets 180 days!!!" LOL
Excellent channel.Great content and narration.I like how everything is explained in depth but with simplicity and it makes the infos crystal clear This couple would make great teachers.
This is just part of what you have to know before you move to Mexico and one being born in the US and just moving over there.One needs to in invesigate prior because there are many differences especially buying property or a business and i was talking to my husband who was born in Mexico and im from the US and so its not easy to just go over there like nothing
I go to Mexico a lot even considered buying a condo. My realtor is from Texas she sent me all the info regarding residency from A-Z. When I saw the capital gains part and some other info it made me uncomfortable investing there. As a person of color I’m extra careful about my business dealings😘
I've lived in Mexico for many years and have known countless foreigners who have sold homes and never met one, or heard of one who paid any capital gains.
😢If I would become a target for sticking to myself (and husband,) Mexico is definitely not for me. We (mostly I) already experience discrimination from immigrants here, in South Texas. Half the time, I do not even want to leave the house. We are keeping our options open for what country we will move to; but I am usually very introverted and quiet.🤷🏽
I understand. 8 think it's okay to be introverted. I speaking more about moving to a place and expecting them to adapt to you. Don't get me wrong MX has places that are completely foreigner driven, English is the predominant language. Chili's, Outback and Costco are the hangouts...I just think those are the worst places in MX ....for me.
Great video guys! Do you regret not getting your Temp/Perm Residency Visa when it was $ 1500 to qualify? Qualifications go up every year. This Jan $4300 min for Temp Residency, next year maybe $5000. I got mine last year.
No, no regrets. We still qualify for the Regulization 4 yr temp residency which doesn't take into account any income. We just don't see MX as a home country for us.
Great video! We just spent July through December exploring different states in Mexico. We loved it but we have had to put Mexico on the back burner for a retirement destination for us because of the increasing solvency cost for residence. We are hoping Mexico will eventually change their policies, as per usual, and make it more affordable again. We absolutely fell in love with Campeche and it breaks our hearts to not have that option now. I think one thing you forgot to mention, is the noise! If you can’t live with traffic noises, blaring music and fireworks 24/7, then you might want to reconsider living in Mexico. 😉
I hope you guys find an option that makes you feel what Campeche did. We’re on the hunt also. We actually had a section about noise ordinances right after the zoning laws section but took it out 😂
Thank you for being respectful toward Mexicans and their struggles. I've seen too many white Americans and Europeans brag about how they're living like royalty. They appear smug and self-entitled. BTW: I've seen some of your other videos and you both always appear respectful and friendly toward the Mexicans, and thank you for that. And, thanks for keeping the topic of this video real, too. :)
Since the Mexican economic rise is largely due to its trade with the United States, I'm curious as to what "struggles" they have. They can waltz into the United States anytime they want and receive an enormous amount of resources they didn't earn but are demanding that only high wage earners reside in their country. Then, they get to blame the "foreigners" for coming there for a better way of life; the same thing they claim to be doing when they come to the U.S. and Canada. Then, though it is likely other Mexicans raising the prices, the foreigners are blamed because they can pay it. Classic case of having one's cake and eating it, too.
What else do you think ppl should know before committing to Mexico? Is Mexico for you?
If you’d like to support more content like this, you can… buymeacoffee.com/TheYarbros and join our Patreon patreon.com/theyarbros
Garbage disposal, that no-flush tp issue is a real issue,,, not all small towns/restaurants/street vendors have access to Hot water to wash hands (😱), car/truck emissions less control than US-thus more toxic pollution, need to wash/soak in vinegar raw vegetables/fruits (black dirt), firecrackers 24/7 in some cities (not Merida). On the good side: fresh food! None of which will stop me from visiting/loving Mexico forever, but the combination Did stop me from moving there permanently. Good stuff that people need to know.
@@Sheila-sx2sqthanks for pointing this out! So true!
@genigeni9335 I don't see what that has to do with Mexico.
In which the U.S. should.
And what' the U.S. needs to return to, immigrants coming to the U.S. need to assimilate to the American way. President Roosevelt said it best In the first place, we should insist that if the immigrant who comes here in good faith becomes an American and assimilates himself to us, he shall be treated on an exact equality with everyone else, for it is an outrage to discriminate against any such man because of creed, or birthplace, or origin. But this is predicated upon the person's becoming in every facet an American, and nothing but an American...There can be no divided allegiance here. Any man who says he is an American, but something else also, isn't an American at all. We have room for but one flag, the American flag... We have room for but one language here, and that is the English language... and we have room for but one sole loyalty and that is a loyalty to the American people.”
Please Don't Mind Those Who Complain About Foreigners Living In Mexico...We're Glad You Come To Visit Or Live In Our Beautiful Country...Just Please Don't Drive To Other Cities At Night Is Not Save...God Bless You Two.
LOVE mexico and the culture. As a singke BLACK man they've shown me love. Never had an issue here. I love the people and their culture. I've been here three years and make sure I support local business while here
Mexicans only take the living dead good luck
You have been treated better in Mexico than in USA. Are you sure? Where in the US are we talking about? Because here in America there are laws that protect against racism in Mexico there are no such laws
@@dianabenavides2913in Mexico there are are no laws against racism because we don't need them, it's basic human decency don't you think?
There are anti racism laws, what are you talking about??
@@sizzaul here in the USA you cannot even say to a black you are colored black or else u get fired
The assimilation advice is golden. That was also my takeaway from spending time in Mexico. If u don’t assimilate, u will end up isolated and being an “outsider” in Mexico is not a good thing. The strongest advice I can give anyone is to LEARN THE LANGUAGE. That’s the most important thing u can do to be accepted.
I assimilated so well, my cholesterol levels doubled…. love Mexico street / local food.
😂😂😂got to stay away from the carnitas and the birria😂😂😂
I’m Mexican and I’m glad you both seem to be enjoying Mexico! Thank you for being respectful and putting this information out. ❤
You are racists nobody enjoys mexico the video just said to avoid you no wonder you are in the US
Feb 13th is our 1 yr anniversary of moving to Ajijic Mexico. We bought our home and love it. The people are amazing
Happy Mexiversary! Glad you found your home!
Thanks for being so straightforward and honest. Your integrity is unparalleled. Keep on keeping on
Ajijic aka God Waiting Room
@@imagineme6406Ajijic aka " not a mexican city any more".
I need to move! And retire! I want to buy a house there too but i don't know where I even want to live yet! Only been to PV area so far. Need to venture out!
I think that the cost of getting a residency has gone up to try to curve the effects of gentrification. Mexico has become very popular with ¨digital nomads¨ and because of that, rent prices have not only gone up in some areas, but are now advertised in US Dollars. Thus pricing out the locals. Mexico has always been a friendly place for foreigners, but when locals get basically pushed out by foreigners that can pay more and take over the neighborhoods, yes, I think that it´s normal the some of the locals will develop negative feelings towards foreigners. And that´s true in any country, not just in Mexico.
I understand the sentiment and I'm not mad at all but it definitely lowers the attractiveness. It would be wonderful if the people that are getting priced out actually saw the funds. It would be wonderful but we know better than that. The rich get richer.
Very interesting perspective. The opposite is the number of Mexican immigrants coming to the US. In NYC in particular, they will take jobs for much less pay than an American worker and this lowers the wages for American workers. They can live on the lower wages because they share apartments and send most of their pay back home where it goes further. American workers need an American living wage. Again companies and businesses pitting two communities against each other. They should be uniting to demand fair wages across the board.
@@Bklyn112sorry but I completely disagree with your statement. It’s the unwillingness of “American” to take on the low wage jobs because they wouldn’t want to work 9-11 hrs labor jobs to earn a honest living but rather take advantage of govt handouts!
I don’t see a gringo replacing a roof, cut down a tree or build a driveway when it’s 95 degrees out!
@@daveyny7711 You can disagree all that you want but I live and worked in NYC for a major corporation. I heard what was said in the back rooms. The US had free labor up until the Civil War! Since then they've always had a pool of exploitable low wage workers until the Civil Rights movement when undocumented workers were allowed to come over the border.
The immigrants don't have families in NY so they share apartments and rooms with many other single men to lower their living costs. They will work longer hours without a day off. Americans won't do this because their families are here and they want to spend time with them. This is what creates the perception of "lazy Americans."
@@Bklyn112 Those immigrants in NYC are mostly from Central America not Mexico 😒
I sold my unaffordable house in Florida and move down south to Mexico now i can save more, I bought my all concrete around house i dont need insurance, no mortage payment, 50 dollar property tax annually, way better off than USA, I miss my town in Florida, but it was way too expensive for my fixed job income, and those sky high increases seem that never will stop
This post justifies educational attainment.
@@RogerDuly- please…what is that? TY😊
That is why it is increasingly expensive for Mexicans to live in their own country. Thanks.
GOOD FOR YOU
I DID the same thing but moved to Brasil
Do you pay your mexico taxes?
As a Americna-Mexican I'm actually shocked. I mean the minimum wage is $248.93 pesos a day. That's about $7, 470 pesos a month; literally $442 American dollars. I think 1,200 bucks is fair 4,000 is way too much. Every problem you mention we have them in California too. Earthquakes, fires, natural disasters, squatters, some unwanted taxes.
Exactly.
I was just approved for MX residency at the DC MX consulate. The requirements are definitely expensive in DC. I looked and the IN consulate is about $2500/mo. I also hear that the Atl, GA consulate is a good one. So if anyone wants to get residency I would say do it now because the solvancy route is definitely getting higher. Also if you are able to live in MX for 180 days you can obtain residency without the solvency requirements thru their RNE program. GREAT VIDEO! 🎉
The RNE is no guarantee , and you have to show Passport stamp that you visited and stayed before 2022
Gotta say, the best thing about your channel is its longevity, alongside straightforward honesty which certainly goes a long way to help people make that big decision to emigrate there. I first visited as a tourist/traveller in 1993/4 but what made me stay after my second visit in 2008 was meeting a Mexican woman. It was pure coincidence, it was a Saturday night and she asked me what I was doing in Mexico City. I replied that I was going to visit Querétaro then travel overland to Panama via Belize and Costa Rica, the two other countries in CA that I'd never visited. Well, she said, if you're still here Monday afternoon, I'll give you a lift should you wish, 'cause I live in Querétaro. I rang her on the Sunday and said yes, thanks a lot, that'll save a lot of bother! Now, a lot of people talk about the class system out here being a real obstacle to integration, and they're right. Her uncle had worked for a previous President and her family were well off, whilst I was a working class Englishman. Mexico is a lot like Spain and Latin countries in Europe, where the adults dress up in their Sunday best just to go out for their evening's paseo. I get home from work and will go out after having worked on my motorbike - still coved in grease and grime and still wearing my working jeans and jacket or what-have-you. Don't get me wrong, I love to dress smartly just as much as the next man, but there's a time and a place for everything. And a trip to my local bars or cantinas for 2 or 3 bottles of beer simply to unwind at the end of the day isn't one of them. Pretty soon, mind you, all the locals think you're just a local yokel and uneducated (I went to the University of Life). Before long you will of course have met all the local ex-pats too. Their reasons for coming range from an Englishman who loves the very open gay and bisexual scene in Mexico where, if a bloke carried on like that where I come from he'd get a good pasting (he got married to a local girl too, who puts up with his predilections due to his high income), to a Ukrainian who moved here after the invasion of the Crimea and then got himself a coke habit, to another Londoner who had a habit before he came and died of a heart attack last Christmas. A Mancunian came back with a woman he met online, had a kid with her here, before she took the boy and went to live in the UK, before marrying a Portuguese feller. The poor Manc fell into alcoholism and putas (prostitutes), before we fell out when he made inappropriate comments to my gf (also mother to our kids). I knew a Moslem "Bosnian" refugee, who plainly wasn't really Bosnian because he didn't bat an eyelid when I played their National Anthem on the stereo in an ex-gf's café. An Italian borrowed money to start a posh ice-cream emporium from his wife's family, then he got cut off financially when his wife found out he was shagging one of his employees (a waitress half his age). I could go on, but you get the picture. People come here for all sorts of reasons, one of which used to be the cost of living. That's ended. Not only is there this new law about minimum income, but prices in supermarkets are artificially high due to the cartels who tax the growers. Potatoes come from America (Mexico, btw, is in North America), but whereas back in the UK we have a choice of about 6 in the supermarkets and more at the farmers' market, here there's just the 1 type in the super, and the same variety on the street or covered market, the prices are artificially high and the cost per kg is identical to Sainsbury's or ASDA back home. Same goes for a lot of other stuff, but who's gonna argue the point? Blimey, I'm writing a book here! Keep up the good work and please, if you remember the name of the black guy who used to post on the black communities in Mexico, where he seemed to get a new gf in every one, please could you remind me of his name or his channel's name. I can't find them anywhere and I've got a black mate who's interested in moving out here.
For the most part Black Americans don't emigrate anywhere. This channel is just entertainment for Black folk.
That's false yes black do @@nakho3550
Why do I think you're talking about Ace Live 😅
Longevity.
SOULS LIVE FOREVER!
ST JOHN 3:16! ❤
LIVE HOLY!
LOVE JESUS AND SPEND ETERNITY WITH HIM IN PARADISE! ❤❤❤
THIS WORLD SYSTEM IS NEARLY OVER.
@@SOULRELIEF22 Thanks for the vote of confidence and hope bro. ;)
Your list is really good and it's important. Many people don't do due diligence when moving to another country and end up going back to their home country because their "idea" of the country and the "reality" are miles apart. Good job!
Thanks and you're right due diligence and exploring your potential new home before you move....are very important steps.
When I visited MC, my friend’s mother had to go out and scold the police/ security in the squad car out front, they came by for money .
I guess it’s “ a thing”, she’d already paid them.
me, i just hate it here in america. where i want to live i cant afford to live there.
I’m Mexicana and your videos are great. Keep them coming.
An exceptionally well done video!
The wife and I are gearing up for retirement to Mexico, and while we meet the financial requirements based on our assets easily, we -- just to reinforce what you pointed out -- don't think we could afford living at Gringo enclaves such as Ajijic or San Miguel de Allende.
The cost of a nice home there is not much below one in a nice area of North Carolina, which was up to a year our #1 destination. Sure, it's a great deal cheaper than SoCal, which is where we live, but it ain't cheap no more, that's for sure.
Another great point you made is assimilation. Many of us shake our heads when dealing with Hispanics in the US who barely speak a word of English. On the same token, anybody who wants to live in Mexico absofreekinglutely needs to make a genuine effort to become conversational in Spanish. There are still UA-camrs out there who live in Mexico for half a decade and barely know a handful of words. That's just not cool on so many levels and severely restricts one's ability to assimilate.
Another point in regard to home ownership is that home purchases are for the most part all cash. That entails a risk in and by itself, just the transaction alone, and the paperwork.
So, again, thank you for making this wonderful video!
Hi, Which things would you like in mew place? Maybe I can think of a town
Not all mexicans are the same. There are white mexicans, black, asian, you name it. You would be surprised. Here's a tip, puebla might be good for you
Don’t exaggerate the home prices. You or I could buy one of these homes near Lake Ajijic for $80,000 or $169,000, to pick two of the listings on the first page that popped up…. You’re right about the need to show respect, and connect with people, by learning more than tourist / rudimentary Spanish if you’re going to live there for a period of years…. Our family is entirely citizens and permanent residents of Mexico and we enjoy the months that we spend there each year. But much of that depends on affordability as determined by the dollar-peso exchange rate and the IVA (Value-added tax) rate.
I love your content because of the honesty. I deal with a lot of clients moving to Querétaro without having the mind set of having to assimilate. Great job with this one!
Please stop sending gentrifiers. If they want to settle here welcome but if they want to call themselves "expats" instead of immigrants and want to take advantage of their privilege, please don't come.
It seems sorta counter to the idea that raising the dollar amount to get in will prevent "gentrification'. Higher income people coming in will make it even more divided as far as the income disparity. They could have done it like Panama and require an FBI background clearance. Or like Ecuador require a higher learning degree. I could get in based on current income, but not on retirement income when I stop working. So for anyone thinking about retiring there, get the residency NOW.
Lol, the government has zero interest in controlling gentrification. They only want to tax and filter the tourists and immigrants. We see this in the Cancun tax, then new Maya train that only has 3 "executive" class tickets for tourists, no rent controls or regulation. They are in favor of gentrification....at least it appears this way to me.
Not, do you have understand that the money they ask to get the recidency is base on minimum wage times, so every time that the minimum wage increase usually on January first of every year also the money requirement it's going up and the last years the minimum wage in Mexico at least increased 110 percent so that's why you seen the change, the rules are the same but not the minimum wage.
@@TheGdlvegas True the increased minimum wage is tied to financial requirements, but Mexican consulates around the world continue to use the multiplier system... which Mexico's own immigration moved away from in 2016.
More people would continue to qualify if the global Mexican Consulates would get up-to-date.
My two cents: An increasing number of countries seem to WANT to make it difficult for their citizens to leave.
Annie- your on point, I retired in 2021 - I have lived in Panama ( which uses the dollar-and is not cheap) I tried Costa Rica but only visited and now Colombia- on Visas- I am from Texas-so logically I want to move Mexico ( I have cousins that live there) but can't beacause of the financial requirements, and expat feedback acts like they dont want you there either. There is somethying strange about this.
Yeah I think the govt shot themselves in the foot this time. Wanting MORE wealthy to come will just make more SNOBS show up
Sounds strange but instead of raising the minimum, they should have put a CEILING on how much you make so regular people can come there and APPRECIATE IT.
NO, YOU CAN'T ENTER, you make TOO MUCH MONEY ! THAT would rattle some peoples mind !
But as usual, a situation has a way of working itself out on it's own. These arrogant and ignorant pigs don't have what it takes and quickly realize it and sell their shit and leave ! A HAPPY DAY FOR EVERYBODY INVOLVED !
I used to travel to Mexico every year for a few weeks back in the last century! Then I lived there for a year in 1984-85. I lived in a colonia (Bugambilia) outside of Oaxaca City, and also in the campo outside of San Cristobal de las Casas, Chiapas. My how things have changed!! 3 years ago I made my permanent move to Guatemala. I had already achieved permanent residency on a pensioners status. Income requirements $1000/month, easily attained by social security or a pension for most Americans. They do vet you though...you have to provide clean FBI and county court reports, among other things. It took me a year to get approved.
While I am living here happily and have just finished construction of a new home in the Altiplano...spring all year 'round, no need for heating or cooling...cost of living is way higher than it used to be. Mercado yes lower prices on produce, but you won't find anything organic and it's hard to vet the quality of the produce with regards to how much they are chemically sprayed. Higher quality food is more expensive, as is anything imported...import taxes are high. Restaurants are pretty expensive, I don't know how the poor locals manage. But there is always cheap street food and price fixe ("executive") meals. Also, if you have a car yes, you pretty much pay for parking most shopping places, they charge you property tax to renew your registration every year and it ain't cheap (like NC where I moved from), and gas is just over $4/gallon.
I haven't been in touch with prices in the US lately so I don't know how they compare, but friends tell me they are sky high. So it's probably still cheaper here, but on the rise. Also, the Guatemalan quetzal is extremely stable compared to the dollar, and lately the dollar has lost ground, so we are paying more for things than we did last month.
I hope some of you might find this information useful. ❤ Or at least entertaining LOL.
I'm moving to get away from the chemicals in the food.
@@HappyHavoc-v3l That's a good reason...good luck! I hear that the new President Scheinbaum will repeal the GMO bans so Mexico can be good little slaves to Monsanto/Bayer. I hope that doesn't' happen.
@@suzytru please tell me this isn't going to happen. If so we are f...ed
Thank you guys for making this list!
You'd be surprised how many people make quick decisions like this without really taking time to consider all the pros & cons..
DUHHHH ? Just look at all the idiots who left the NE and moved to Florida, Texas etc
NOW they are mostly REGRETING it because they thought they would be saving money in a state with no state income tax.
BUT, they got slammed by having their home tax and insurance increasing 5X what it used to be !
So there is NO TAX SAVINGS, you just got screwed royally by something else. I bet they'd be GLAD to pay state income tax if the home tax and insurance returned to normal !
Instead, like moving to Mexico, they can't handle the new situation and run out of the state for greener pastures elsewhere
When you are an unhappy person, IT FOLLOWS YOU AROUND WHEREVER YOU GO !
Thank you for a great video. I admit I first thought this was only going to be click bait like some other channels based on the title, but every point is spot on. I got my TR thru economic solvency last November. As you say in your video, it's 20% more to qualify this year so I am glad I did it last year. I am moving to Mexico next week to live full time. Assimilation and being mindful of how the locals live and their struggles, as well as learning the language is the key.
Hope you have a great stay! Mexico is lovely. Mexicans we just wish foreigners learn about our country and language & will be happy to also learn words/language and your culture! Some ppl get mad bc some foreigners never blend in & just seem stuck up (from outside perspective bc I believe most is just out of not being able to communicate or something - I'm talking more in the towns where retirement happens, cdmx has more of a blend) wishing u the best❤
@@ElizRued I agree. Nobody wants to be around immigrants who refuse to learn the language or maken an effort to fit in with the locals. I've lived in 3 different countries, and if you're making an honest effort, the locals are forgiving. A lot of people go to another country and cling to "the way things used to be back home" and don't want to learn anything. I'm moving to Mexico soon, and I plan to take language lessons so that I can at least do basic communications and make some friends, even if my Spanish may not be so fabulous. By the way, Mexicans I encountered appreciated that I try to be polite and use my rather limited Spanish to communicate rather than expecting them to speak English to accommodate me. And my Mexican friend who is fluent in English was very happy to teach me some phrases I could use immediately to order food, etc. when we were out so I could try with wait staff.
The one thing locals hate with a passion is hearing you tubers talking about how CHEAP the cost of living is in Mexico. Some of the locals are getting by paycheck to paycheck and expats are driving prices up causing the locals to move out of a town they grew up in. So you hit the nail on the head
Ppl should be more sensitive but the government, tourism industry and business market in general is to blame for inflation. Not expats. Mexico has made a choice to cater to foreign money. Hopefully they take care of their ppl too at some point.
Not that I could realistically afford to move anywhere right now, but this info was still very valuable. If I were to ever relocate, I’d still seriously consider Mexico as I love the culture, language, people, food, etc. Thanks, Yarbros!♥️♥️
it was entertaining, not valuable. 99.9% of the viewers can't afford to move anywhere.
I started my Mexico UA-cam journey watching you. It's such a pleasure seeing how you have evolved over the years. Quite the professionals. Yes, this video is correct. I"m so happy I've had my residency for a few year, today it might be a challenge. Thank you both, I'm glad you were around when I decided to get residency !!!
Glad you were able to get in when you did!
I found this video quite informative. ❤ I received my temporary residency in 2022 and extended it last year for another three years with the intention of going permanent at the end of the three years. I’m so happy I did that when the doors opened for me because now I wouldn’t be able to meet the financial solvency requirements. I had the same thoughts as you about Mexico strategically increasing the financial requirements to weed out the “peasants “ so to speak. With some thought and strategic planning you can live in Mexico quite nicely. I’ve met some wonderful people in my travels to Mexico and I’ve fallen in love with CDMX.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@@YinusaSaheed Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* , a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
@@JulianaBondtsG Oh please I’d love that. Thanks!
@@YinusaSaheed *MARGARET MOLLI ALVEY*
Lookup with her name on the webpage.
Love your channel! You both keep it real, no drama, just the facts mixed with some humor. I just subscribed, and wish you both success and happiness in 2024.
Thanks for subbing! Hope you’re 2024 will be just as prosperous!
As a Mexican, i thank you for this video. People like you are welcomed. Looks like you've done your homework and i appreciate that you try to educate foreigners. However, there are many people coming, enjoying things here and already VERY ready to take take take. So for that kind of people: "Listen up y'all..." if you come here you better have a STRATEGY to learn all about Mexico, the language, the culture (so you can respect it) and be willing to learn the troubles and also DO something about it. OTHERWISE you're NOT WELCOME. (at least pay taxes here)
Kind of like many of us here in the states.
@@josepha.r5839 But when we in the states say this, it's considered xenophobic or racist. 😕
@@SaepeNeglecta💯
@@SaepeNeglecta Worse in Canada
@@SaepeNeglectaThat’s because generally speaking it is!
We moved to Mexico during Convid. We live on the Riviera Maya, the Caribbean side. Beautiful beaches, we love it here. Got pur Residency 3 years ago. We used the Regularlization program. No financial requirements and we applined within Mexico. There are ways to do it.
I was born in Yoakum Texas and grew up in South Texas, during Jim Crow, in Sinton Texas, outside of Corpus christi texas. Use to go to Mexico a lot I speak the language and of course as a child we lived in a mostly Hispanic neighborhood my mother spoke the language also funny being a Aboriginal Indian indigenous to the America's an knowing about the Seminole's and being Sobaipuri and Cha'hta Apache an Ayiyunwiga Cherokee. Has thought about moving to Mexico a lot, but not along the border but more down in southern Mexico. An relocating my welding business there too, my wife is Natchez Apache and Mexican, we have been together for over 35 years but Married only 23 years. Keep up the great work really like your channel, much love from Freman and Hilda Huachuca Lamar and family.
This is the best video I have seen so far about moving to Mexico. There are countries that require a year’s rent up front. I saw a video yesterday and the interviewee asked questions as if she was getting a bonus based on the responses of the ones gave to entice people to move there.
I lost track of you two for awhile, but I'm subscribed now. I've gotta say that I absolutely love y'all...on some many levels.
Appreciate the sub and the support!
I'm Mexican and, by far, this is the most accurate informative video I've seen on the subject. Excellent information indeed. Regards from Cancun! You guys are awesome!
Wow, thank you!
Just finished my residency on the US side. Flying in June one-way!
May I ask what state in the USA did you get the residency? What was the cost?
Damn… Now that was eye opening! Touched on the real deal. All subjects I’ve been wondering about. Thanks guys!
Thanks for watching!
I just left Puerto Vallarta, where I was for 5 weeks. Started out in a hotel (Fiesta Inn at La Isla), then went down to Malecon (the Boardwalk - no thanks!), and wound up in a nice Air BnB townhouse in Ixtapa Jalisco. I went to MX for a vacay from FL (Orlando), with no intention of living there. I know someone there who is also from FL, and to afford living there, she has to hustle, just as if she was back in Estados Unidos! I can say that, PV in particular, has a great appeal because it's ranked as the 2nd safest city in MX. But, it's not the cheapest, by far. My Air BnB cost me $1350 because MX does have taxes. However, it would have been more if the host chose to charge me for the 2 other people in my party. Also, shopping at WalMart wasn't cheap - my first time shopping there, my bill was MX4357 = $255.68! WTH?!? Where am I?!? We took public transport wherever we went (MX10 centavos for the bus), or rode in Uber. So many Canadians there, buying up the property and pricing the locals out of their own country, just like in Lisbon, with the Europeans. They also have a grocery store called La Comer that rivals Whole Foods, where a 10oz bottle of Coconut Aminos was MX238.66 ($14 USD)! So, yes, I agree that Mexico certainly has its site set on the wealthier immigrant, so, please don't go there thinking it's dirt cheap, though there are areas that are still beating prices in the states by a mile, like Sayulita. . Overall, it's just not the place for us. So, after 5 weeks, we jumped on a flight to JoBurg, SA and are loving it here, so far. I can tell you that living here is WAY less expensive than MX, the US, Portugal and Spain. So, choose wisely. Oh, BTW, not sure if Mexico is considering offering a Digital Nomad Visa, like SA is in the process of doing, and Lisbon, France and Spain already have, but that'll be a game changer for many, if they do. Happy & Safe Travels!
Very informative thread thanks!
Hey guys! ❤ Great video! 💯 Just watched another video saying that water issues in Mexico City may be cause for concern that may start to affect other areas of Mexico. With that, Mexico continues to be an option with a side eye! 🧐
I have my residency, so Ibam not concerned about #1, but I was shocked to see the bew economic solvency required for 2024. This is crazy, and I feel bad for the people who could have done it before and didn't. They doubled the amount required. That means they realized American are coming to Mexico because America is getting too expensive for them, so they do that to prevent the broke people from America to move to Mexico
The requirements change yearly because they are attached to the yearly increase of the Mexican minimum wage. The government wants to make sure expats are equipped to take care of themselves
MEXICO WILL END UP REGRETTING THAT MOVE
Mexico is America and Hondurans Central Americans, all hispanics are in América. USA is part of America but it isn’t just the only America
@@cw8317 WELL, you also have NORTH AMERICA - US and Canada, and SOUTH AMERICA - AND CENTRAL AMERICA
@@cw8317 Get over it and use the proper word like educated European Spaniards..Estaunidense. And in many other languages AMERICAN means USA because in the name of our country. sigh*
My mom just moved to Mexico so I've been looking for videos to try to get an idea of what she's got into. She lived in Chillan (Chile) for 7 years. First video I've seen from your guys channel and I'm already loving it up in here! Great job you guys. Peace ✌
The subjects you guys tackle keep your videos in a lane of their own. I love you both 💕 and your channel 😍
First of all, you did a great job of covering a lot of important points. As a dual national who first immigrated to México in 1978 as a young man, I would say the most important point you have made is regarding assimilation. Personally, I would rather the folks who don’t wish to assimilate would just stay home though many of them flock to the expat enclaves of Ajijic, San Miguel or Puerto Vallarta. In regards to cost of living, it has definitely gone up. If people are living on a dollar income from pension, etc. it is important to note that the exchange rate will also effect the cost of living. Today, one receives around 80% of the pesos for each dollar that they would have received just two years ago.
I do wish to challenge one statement. You said that Mexico City was “almost wiped out” by the 1985 earthquake. That’s quite an overstatement. It was devastating. It was horrific, but the damage was predominantly in certain areas of the city. Mexico City was of course built on a lake bed, but the subsoil varies greatly from one section of the city to another. Certain colonias/neighborhoods were devastated while other areas suffered only minor damage. Interesting that the worst hit areas were downtown and in the Roma neighborhood which is one of the most popular neighborhoods for foreigners today. So don’t just look at the earthquake danger in the city, but find out what neighborhoods have a more stable subsoil.
Great video!...regarding zoning laws, you can avoid that by renting/buying in a "privada, coto, gated community",....regarding anti-expat sentiment...it is minimal, confined to a small group. there's around 1.6 million americans living in Mexico, and upwards of 30 million Mexican nationals living in the U.S. The Mexicans contribute immensely to the united states, as expats do here in Mexico as well! oh, you forgot the noise? haha
Interesting video. I'm Mexican, I live in Monterrey, and you guys mentioned several situations and issues that a foreigner may found when moving to our country. As a Mexican, I take for granted some situations because they're part of our daily living, although I don't feel comfortable and I'm even against, for example those issues and problems with household, renting and some others that are based in our unfairly laws or its enforcement. Be also aware about some people taking advantage of considering foreigners as money target, and also with some government corruption. But at the end I'd say, enjoy Mexico and its people and its culture. Mexico welcomes al those who respect our country, our people and our traditions.
Great job on the video. Great content. I'm in agreement with everything you've related to. I do see a lot of people not cut it here and many people want to go to different areas. For those reasons, I would avoid buying and avoid doing the residency hassle. There is always talk about Mexico getting more strict on immigration, but for the most part, they aren't concerned with your coming and going. I have seen where smaller towns have been taken over by immigrants (US, Canada, Europe) and Mexicans are okay with it and uptight about the lack of assimilation. They are small villages that are now prospering. The opposite of that is my city where I found a manifesto pasted on the wall from a Mexican fed up with Gringos raising all the costs. For the most part, if you are a good neighbor, the locals treat you well. I love the piece about zoning. Crazy stuff; house, tire store, house, restaurant, house, night club, house, doctor.
I’d add a few considerations to your list: 1. Can you deal with dirty air-like Los Angeles or New Jersey before the clean air act. If you like to take a deep breath of clean air,
maybe not a good choice in the cities; 2. Water, if you can’t adjust to using bottled water and not running to the tap for a drink--not going to happen; 3. Health Care, if you’re not on auto-pilot and have health issues, consider whether you will be able to get the care you need.
I retired and moved to MX in 2020. I am the "Anchor Tenant" for my friend as his wife. I am the only American in the small apt complex. I've had about 15 different neighbors because locals move in and out depending on their circumstances. COVID complicated my Residency attempts so I might return to the US this near. The Residency costs have skyrocketed for sure.
You've been watching the changes first hand. If you were here through Covid you qualify for the Regulization Residency which isn't tied to income at all. We qualify too. Look into it if you want a pathway to citizenship.
Hey R! This is Dini. Just had lunch with your brother at the Kzoo and heard you are doing well. Glad to see your UA-cam channel is so popular. Good advice for those considering moving to Mexico.
I appreciate your honest reporting. Thanks.
I appreciate you! Thanks!
I"ve been living here in Mexico City for 10+ months and this video was nothing but FACTS.
Thanks for tuning in!
You guys are so on point. I have lived in Mexico for about 2 1/2 years and the cost of living has doubled in a lot of economic areas including the exchange rate taking a dive the last year or so from $20 Pesos to the dollar to $17 Pesos to the dollar. Like many others that live here, I am retired and on a fixed income. My income is NOT keeping up with the inflation here. I am looking at other countries to possibly move to. I am getting priced out here.
I’m really sorry to hear that. That exchange rate dive has been tough. Crossing my fingers it returns to $20 pesos per dollar.
@@TheYarbros
There are a few areas that are still affordable: Nayarit, Puebla, Chiapas are just a few. I just need to find my “tribe”. I’m getting there.
Saying stuff like that regarding the exchange rate might be part of the reason why some Mexicans might leave mean comments! The impact of a strong peso on the economy is complex and beyond the point here. However, a lot of Mexicans have never seen the peso appreciate like this wrt to the dollar in their entire lifetime and might make them feel optimistic about the country. For some Mexicans a comment like yours might feel a bit self centered. Not trying to be rude here.
@@andresmendezruiz
You are EXACTLY correct. I am speaking MY truth, I am NOT condemning Mexico’s Strong Economy. I am extremely happy for the strong Mexican Economy. I NEVER said anything BAD about the Mexican Economy. My comment was 100% My personal experience and MY TRUTH! As far as quoting the EXCHANGE RATE, that is posted publicly through out the World. TRUTH IS NEVER RUDE….John 8: 31 &32.
Oh, I was referring to the “crossing my fingers” comment!
I have permanent residency status and have owned a home in Jalisco for 3 years. You sound on target to me. Thanks
Just came across your channel and enjoyed the comprehensive nature of its input. I'm from the UK and travel extensively so not surprised by the information that you've put forward, but really like how its presented. Love what you do, keep on keeping on.
GREAT job telling it like it is! 👏🏼👏🏼 we recently brainstormed our own list of challenging things about daily life in Mexico that are important to know before making the move. There really are a lot of nuances that people don’t realize (until they experience them) and for some, those things could be dealbreakers.
Thank you for talking about all the things others don’t. This is video is very informative.
Great content here. Thanks for sharing. One item about residency is there is a monthly income or 12 months of savings. 2023 the number was about $77K this year is in the high $90's. It can be an easier number to prove. The assimilation and being low key about lifestyle, super on point. The most fun I've had in Mexico is learning Spanish from local merchants and workers.
It is a wonderful adventure learning as you go! Keep on living your best life!
You both do a good job of explaining costs and way of lile for people traveling to Mexico. Glad your numbers are going up ?
This is the best video I have seen about moving to Mexico and I have watched a lot of them. Amazing job! I learned a lot.
Awesome! Thank you!
@@TheYarbros you’re very welcome. I subscribed. 👍🏾
@@sisterkamilah4373 😄🤗🤗
Expensive for those who want to live in touristic zones in big city ,tall buildings and comdominious might as well stay where you are . But if you live in a small walkable town somewhat close to a big city for shopping when need it is posible to live much confortable in a nice funcional house than living a lavish life and run a business now that’s to complicated.
Different strokes for different folks. Small City never thrilled me for too long but I get the charm.
Very true, but translation = dry ; of little cultural stimulation… once again he's correct, “ stay home”
Though, expensive is a subjective label…. Ive found Mexico very affordable... And I really like the real estate and climatology of the central regions… yet it's a no-go for me
@@1879gymexactly depends what u want bc mexico is still affordable than many other places. It's only the trendy areas getting gentrified & rents going up. About some other stuff going up, there is a WORLD inflation going on sadly + peso getting stronger a bit. Also, it's normal u should learn a bit of language & stuff like that
I was just there on vaca and kept being told that they were charging me less because I spoke spanish. It was so true my friend that doesn't speak spanish kept getting charged up to 3 times more.
Thank you for loving my country and my culture ❤
You guys are phenomenal! Absolutely amazing content ❤
😁😁😁 thanks!
Thank you for this very informative video. I've not seen any other video that discusses these issues. My husband is from Mexico but I'm American and I've been debating about whether retirement in Mexico is wise or not. As the wife of a Mexican I don't know how difficult it would be for me to settle there as opposed to other Americans.
Glad it was helpful. I am sure you would find the process to be much smooth for you as you would have someone to guide your cultural exchanges.
Hi Guys I. Haven't seen you two for a while. I was in Merida last year this time and I couldn't have stayed there longer. I was there for two weeks. Very nice. I can't afford to make it my home now. Looking at Texas and Ghana Take care. 🏡
Hey 👏🏾 turn on the notification bell so you know when we drop. God willing we'll be heading to some more affordable places soon. -Thanks for watching!
Hello, I liked your videos about I just want to add something about capital gain taxes
I do it all the time, I am a certified real estate agent in Puerto Vallarta,
You can exempt if you are residents and have your RFC, which is the tax identification number here in Mexico.
You can avoid paying 700,000 udis which are around 5,675,427.10 pesos that is only on the utility not on the total value of the property.
Something like this is calculated, the value of the property as you bought it plus the taxes you paid, subtracting that from your final purchase price, you will have an amount if it is less than 5,675,427.10, you can exempt and not pay taxes for the sale and you can only do it once every 3 years, if you exceed this amount, taxes are charged on the excess of the exception, it is not on the total. In fact, it is a good business to buy and sell in some cities like Puerto Vallarta.
Acapulco was destroyed by a “hurricane” 2 weeks after the one in PV that caused very minimal damage while Acapulco was completely wiped out- media attention was low but please look it up. Such a tragedy.
We got classism and assimilation at home? I am glad that you all found your forever home in Mexico, but it is a no go for me.
Nice clip - clear, informative and to the point. Mexico has always ranked high on my list of possible retirement destinations, but with the new residency financial requirements (and being that I've already put in almost four years in Colombia at this point) I don't think it's gonna happen. A comment about the "assimilation" issue - while I totally agree that you should make every effort to 'fit into' the culture you've chosen to live in, many people take this another step and say you should actually adopt that culture in place of your own. And especially at my age, that's simply not going to happen - no desire to suddenly become a diehard fútbol fan or learn the intricacies of vallenato music. Also, I feel you on the lack of zoning laws aspect - the same goes for Colombia and generally the more businesses that move into former residences on your street, the busier and noisier it becomes.
Makes sense. Regarding the assimilation, I think it's more about settling in and adapting to your environment rather than expecting your environment to adapt to you.
Just fyi, nobody expects you to like those things because even not all colombians/Mexicans like those cultural stuff! It's more learn more of the language, interact, and be respectful
Absolutely agree with assimilation. So important to pick a location that you love and respect in its own right.
Watching the replay and México is still on my list and I think will stay on it until my scouting trips say differently. Panamá is my #2 spot because of the potable water, but we'll see how I feel since people compare it to Miami (not sure if I like that) 😬
Panamañian here, only certain part of the city I can compare to Miami. Also a small portion reminds me of NY. Things can be cheap or expensive depending on your taste
You guys provide a lot of information about Mexico. I’m so glad I’ve been living in Mexico off and on for over 20 years and the border town isn’t much better.
I've heard that Portugal is getting more expensive. It's another place where expats were going because not speaking the language is or was not a problem and entry relatively easy. Like everywhere when people start flocking to any place it becomes more expensive.
We'll be heading out there later this year to see how it's going.
@@TheYarbrosHola Rondel y Apryl! Portugal recently changed their residency program that made it an inviting place to live or retire. They have always taxed any income you have from wherever you made it but now it could be taxed up to 40%+! I was lucky enough to qualify for my Mexican residency visa in 2022 but I had to fly to McAllen to get it. Most of the places I was looking at required a minimum of around $2700 and where I lived in the LA/Ventura area it was just over $3000us. A really kind facilitator named Gabrielle out of Mexico City who I had talked to in January 2022, texted me out of the blue in June and informed me I still qualified in McAllen and that they had kept their requirements at the level needed in 2021 which was a minimum of $1740 so I flew there. You two should try and get your residency through the RNE program while it is still in affect. I am able to live very comfortably in Ensenada on less than $1100us. Vivir como un rey en Mexico! Buena suerte!
PORTUGAL doesn't give a damn about you, all they want is your $$$
It's pretty to visit but such low class ancient real estate, very 3rd world to live in a refrigerator
This is the most helpful video about Mexico I've seen in a long time.
Yeah, well, I was in Guadalajara and was not received well and stared at everywhere. Ugh! I'm definitely not relocating there now!
I've lived in Mexico for 30 years. I have never experienced anything negative here. But they are right, when in Rome, do as the Romans do. I live in a small farming town and I live like the mexicans. Great life.
You didn't mention in the assimilation section about learning Spanish.
A vital part or assimilation and yet so few bother to do it, and instead expect the locals to speak English.
Imagine if the Chinese for example came to our countries and expected us to learn Mandarin, they'd be gone from the country before they knew it.
Why should it be any different in Mexico towards foreigners who want to live there?
I lived in Puerto Vallarta for 3 years and we had a massive group of foreigners living there and yet so few bothered to learn Spanish, it was quite embarrasing to say the least.
Make the effort and the locals will love you and welcome you in.
Nope. I am not going to end up a casualty in Mexico. Thank you for the information.
Hi you two! We bought a place in Mazatlan a few years ago! So far just visiting and not having to rent it out. We won't do that! It is there when we get the chance to go. We do love it there but haven't experienced the summer yet. We can wait a bit longer for that! Haha. This is a great video. I do agree with all your points! Luckily, we haven't had any issues so far. And we live in a very local gated community. Hoping it stays that way! :)
What a good video with great info. What part of Mexico have you visited it lived in? that’s something I didn’t hear in the video.
Thanks for the advice. I was just thinking about retirement plans in Mexico. Have to reconsider 😊
Just weigh your options carefully...
The popular areas will be cheaper than the US but it is likely they won't be as cheap as they used to be. A couple of cities in Mexico the prices are similar to the SF Bay Area. The houses are huge which isn't what I would one want.
Great video fam! I second everything mentioned in this video. Mexico is becoming a country for foreigners of the the "executive class".
Well said!
We had only considered Merída in Mexico because of the safety level (we have a young child and a senior parent that would be relocating with us). Then we went for an exploratory trip and found out it was Phoenix AZ hot 🥵, like melt the soles of your shoes hot there. So it wasn’t going to work for everyone. Now it’s just become too expensive to get residency unless we wait for a few yrs to get our financials right. But also my husband is a Colombian national and it’s just less barriers to entry to move to Colombia not to mention we have extended family in Colombia. Mexico is still attractive because of some of the amenities we are used to from the states. But in the moment it feels out of reach. It’s still on the list but it moved to a much lower place on that list for now. Thank you for what you do by brining us this great content❣️
We appreciate you! We absolutely LOVE Colombia. The foods not as good but the ppl and the cost of living make it extra attractive.
Safety level is everywhere in the US in every corner you need to watch your back if you have a nice car they would follow you , School shootings , mall shootings, they brake in into your house so it's everywhere.
The longer you wait, the more it will cost to residency for Mexico. Cost of Residency goes up every Jan
You should take a trip to Mazatlán, MEXICO. Beautiful beach destination that is not as hot as Merida. Also it’s still very affordable
@@robsmazatlanvacationsMay I ask if you are one of those economic refugees that live in Mazatlán and hate the local music?
The anti immigrant sentiment has risen not only because gentrification but also because some economic refugees not only don't assimilate but because they come to this beautiful country and try to change the culture, wants silence and peace on our beaches and wants to bann the banda music on the place where the banda music born.
Also like we see it in Puerto Vallarta, some economic refugees come and buy houses next door to a restaurant that has been in that very place for over 30 years and they want to close it down because the restaurant has a live Mariachi music playing and they want peace and silence.
Or the case where a gang ogñf economic refugees forbid the entry to Mexicans to sight the eclipse in a PUBLIC PARK!
And the last one, the economic refugee that last year tried to k*ll a women and a boy and assaulted a waitress on a restaurant in Guadalajara for no reason and 2 weeks ago assaulted a men and tried to k*ll him (again put of the blue) in the same restaurant.
So, it is an honest question, are you one of those?
Glad you’re back in Mexico, keep those videos coming.
I’ve seen so many UA-cam videos about moving to Mexico. I can’t believe I’ve just now discovered you guys. What a wonderfully informative video this one was! I’ve just subscribed and I look forward to seeing more from you. You’re so right…the time is NOW to get residency. We should have done it last year, but hadn’t even visited yet. Now that we know how much we love it it’s full speed ahead, although it seems like a long road to dismantling our life and actually living there. Do you have any videos about the process of selling everything and how you got yourself there (driving your car, flying, using a moving company)? Until the next video…cheers!
Don't wait or the time will never seem to be just right! Get rid of everything, remember you are starting a new life. I sold as much as could and gave away all the rest. Don't put your things/stuff/ junk(?)in storage! Storage fees add up and using a moving company makes no sense with all of the logistics involved. It's all things you can easily replace for much less than the storage fees or moving fees when you get here. I drove down from the Ventura area with my car packed with only essential things like clothes, guitars, surfboards and kitchen things. Plan on at least one of you getting a Temporary Resident Visa, that way that person can legally drive a US or foreign plated vehicle without spending thousands on import fees for your car. I could go on.....BTW- Get a Charles Schwab debit card or something similar before you leave, they reimburse all ATM and exchange rate fees. Don't use your US or Canadian based credit cards unless you absolutely have to, most charge a 3% exchange rate fee! Something that could save you hundreds of dollars each month, many people still don't know about using the "Decline" button on the ATM's. When they ask if you to accept the exchange rate they are offering you, DECLINE IT! You will still get your money! It's a sneaking way of the bank giving you a terrible exchange rate! Research! Buena suerte!
@@davidsebastianelli1326 ¡Muchas gracias para el información! We actually took that first tangible step last week and got a Charles Schwab account! We’re off and running! We do hope to drive down in our paid for car and just take what it can hold (2 guitars for me and no 🏄. One complication is our great big cat and all her stuff. Will fill up an SUV quickly. 🤷🏻♀️
❤Hola my favorite couple. I just received my 4 year residency through the amnesty program. I love it here and looking forward to my future husband joining me. But you're right. You gotta be willing to assimilate❤❤.❤❤❤❤
Great video. Thanks for dropping the knowledge. 👍🏾
Thanks for catching it!
I love Mexico 🇲🇽. Great people and weather! 😎👍🏻❤️
Can you IMAGINE if the USA required thousands of dollars in income as a criteria for entrance? 😂
The US does require that from people in several countries! China and Nigeria are top of mind.
Mexico is only asking income requirements to get RESIDENCY. Most westerners can stay up to 180 days as a tourist.
No one wants poor Americans. Why would they? Besides u can go w temp visa then go PR. U can also marry.
@@BearingMySeoultrue ..they only gave us 45 days this time though. Things are changing.
That happened to me once - they only gave me 150 days. Sometimes they crack down and other times they're just like "You get 180 days...YOU get 180 days...E'rbody gets 180 days!!!" LOL
Will Mexico build a huge wall to keep out those unwanted American retiree refugees who cannot afford to live in the US?
Excellent channel.Great content and narration.I like how everything is explained in depth but with simplicity and it makes the infos crystal clear
This couple would make great teachers.
Thank you for this realistic viewpoint
Thank you for watching and supporting our content!
This is just part of what you have to know before you move to Mexico and one being born in the US and just moving over there.One needs to in invesigate prior because there are many differences especially buying property or a business and i was talking to my husband who was born in Mexico and im from the US and so its not easy to just go over there like nothing
Welcome back muchachos thanks for the ups, very informative. Much love to both of you de un amigo q los quiere mucho.
I go to Mexico a lot even considered buying a condo. My realtor is from Texas she sent me all the info regarding residency from A-Z. When I saw the capital gains part and some other info it made me uncomfortable investing there. As a person of color I’m extra careful about my business dealings😘
I've lived in Mexico for many years and have known countless foreigners who have sold homes and never met one, or heard of one who paid any capital gains.
Good information guys, 💯👍🏾 it's an eye opening.
Thanks for watching!
These two look at the world the same way I do.
Great video, was missing you guys.
😢If I would become a target for sticking to myself (and husband,) Mexico is definitely not for me. We (mostly I) already experience discrimination from immigrants here, in South Texas. Half the time, I do not even want to leave the house. We are keeping our options open for what country we will move to; but I am usually very introverted and quiet.🤷🏽
I understand. 8 think it's okay to be introverted. I speaking more about moving to a place and expecting them to adapt to you. Don't get me wrong MX has places that are completely foreigner driven, English is the predominant language. Chili's, Outback and Costco are the hangouts...I just think those are the worst places in MX ....for me.
Great video guys! Do you regret not getting your Temp/Perm Residency Visa when it was $ 1500 to qualify? Qualifications go up every year. This Jan $4300 min for Temp Residency, next year maybe $5000. I got mine last year.
No, no regrets. We still qualify for the Regulization 4 yr temp residency which doesn't take into account any income. We just don't see MX as a home country for us.
Great video! We just spent July through December exploring different states in Mexico. We loved it but we have had to put Mexico on the back burner for a retirement destination for us because of the increasing solvency cost for residence. We are hoping Mexico will eventually change their policies, as per usual, and make it more affordable again.
We absolutely fell in love with Campeche and it breaks our hearts to not have that option now.
I think one thing you forgot to mention, is the noise! If you can’t live with traffic noises, blaring music and fireworks 24/7, then you might want to reconsider living in Mexico. 😉
I hope you guys find an option that makes you feel what Campeche did. We’re on the hunt also.
We actually had a section about noise ordinances right after the zoning laws section but took it out 😂
You two are GREAT!! Thank you so much
Continually delivering the truth. Thanks.
Thanks for watching.
If you can show you’ve had 75k in a bank account for 6 months you can apply for residency--the 4k is not required if you have the cash.
Thank you for being respectful toward Mexicans and their struggles. I've seen too many white Americans and Europeans brag about how they're living like royalty. They appear smug and self-entitled. BTW: I've seen some of your other videos and you both always appear respectful and friendly toward the Mexicans, and thank you for that. And, thanks for keeping the topic of this video real, too. :)
We appreciate you fam! We definitely respect what we love. Mexican culture and people have been and are wonderful to us.
Since the Mexican economic rise is largely due to its trade with the United States, I'm curious as to what "struggles" they have. They can waltz into the United States anytime they want and receive an enormous amount of resources they didn't earn but are demanding that only high wage earners reside in their country. Then, they get to blame the "foreigners" for coming there for a better way of life; the same thing they claim to be doing when they come to the U.S. and Canada. Then, though it is likely other Mexicans raising the prices, the foreigners are blamed because they can pay it. Classic case of having one's cake and eating it, too.
I’m retiring and moving to Rosarito, Baja California and similarity to California characteristics
Weather there is great all year long.