Wednesday, November 22, 2006

Mexico's Housing Boom

This article highlights a new service for retirees who are thinking about moving to Mexico. MexicoRetirement.net is a website that provides information on locations, real estate agents, and Mexican law to assist retirees in this process, which can be time consuming and confusing.

Based on the work I've done in San Miguel, however, I wonder how many people will actually use such a service. As I reported last summer, many retirees in SMA decided to move there on a whim, often buying their home during their first visit to town. Of course, SMA is not for everyone, particularly those who prefer beach front property. It may be more useful for retirees who are looking in less Americanized locations.

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