Expats Do Enjoy a Lower Cost of Living, Provided They Learn to Shop Smartly
Chuck Bolotin - TheStreet
go to original
May 20, 2017

Mexico - International Living's Top Retirement Haven 2017 (International Living)

A study of expats in Latin America, "Expats: Expectations & Reality," found that 86.6% thought that they would achieve a lower cost of living by moving abroad. The study, which was conducted by Best Places in the World to Retire, also found that 84.2% did achieve a lower cost of living. A follow-up study, "Expat Reports: Is It Cheaper to Live Abroad?" reported that 34% spent less than half as much abroad as they did before.

Those numbers certainly underscore one of the great advantages of living in certain foreign countries. But what is the cause in those few cases when expats experience a higher cost of living?

The reports suggest that this group of expats is spending more on costlier items that are coming from the U.S. than on goods that are produced within the country. As long as they stick with local fare and services, they will pay less than they would in their own countries.

... Want to live well for much less abroad? You can, quite easily, just like the 84.2% in the survey who reported lowering their cost of living. Just purchase local goods and especially local services.

Read the rest at TheStreet

We invite you to add your charity or supporting organizations' news stories and coming events to PVAngels so we can share them with the world. Do it now!

Celebrate a Healthy Lifestyle

Health and WellnessFrom activities like hiking, swimming, bike riding and yoga, to restaurants offering healthy menus, Vallarta-Nayarit is the ideal place to continue - or start - your healthy lifestyle routine.

News & Views to Staying Healthy

From the Bay & Beyond

Discover Vallarta-Nayarit

Banderas Bay offers 34 miles of incomparable coastline in the states of Jalisco and Nayarit, and home to Puerto Vallarta and Riviera Nayarit's many great destinations.