Living in Mexico on a limited budget of $1,000 per month or even less is quite possible. In fact, Mexicans manage to survive on much tighter budgets. As an outsider you will be surprised to find that expenses such as rent, food, transportation and healthcare are significantly cheaper compared to countries like the US, Canada or Western Europe.
Can you live in Mexico for 1500 a month?
Yes, living in Mexico for an average of $1500 per month is completely possible! Plenty of people have achieved it by setting a budget and succeeding with it. To make this achievable, plan to spend on rental costs, healthcare insurance payments, grocery spending, dining out allowances, transport costs and entertainment funds accordingly.
Do expats pay taxes in Mexico?
Resident individuals in Mexico are required to pay Mexican income tax on all their global earnings, regardless of nationality. Non-residents, including Mexican citizens who show proof of taxation residence in an overseas nation, are only taxed on their local source receipts.
Can you drink water in Guadalajara?
It is widely accepted that Mexico’s tap water should not be consumed due to health risks. It does not matter if you are located in a bustling city like Mexico City or Guadalajara, or even a charming village such as Valladolid or Valle de Bravo – avoid drinking the tap water at all costs.
Where is the safest place for an American to live in Mexico?
Vacationers and retirees alike are increasingly turning to Mexico as a prime location for living. From the Caribbean Sea to the Pacific Coast, the country is home to some of the safest and most popular destinations around.
On the east coast travelers can find Cancun and Tulum– two vibrant cities known for their upscale resorts, crystal clear waters, and pristine beaches. Further along on the west side of Mexico are Cabo San Lucas and Mazatlán, often referred to as paradise with its golden shores and calming bays.
Those looking for something more relaxed may be interested in Lake Chapala or San Miguel de Allende located deep within Mexican borders. That being said, those seeking out retirement locations should avoid border towns such as Tijuana or Laredo altogether due to safety concerns.
I’m Brendan Rivers, and I love all things real estate. I live in sunny Los Angeles and work as a real estate expert. I enjoy helping people find their dream home, and I love everything about the process of buying and selling property.
I’m originally from Boston, and I love spending time with my family and friends there. When I’m not working or hanging out with loved ones, you can usually find me at the beach or exploring new parts of LA.