Digital Nomads Are Driving Up Rents in Mexico Since Pandemic El Universal
go to original April 29, 2022

"Do yourself a favor and work remotely from Mexico City, it's really magical," Becca Sherman posted in English on her Twitter account last February, and her tweet went viral.

The publication generated a whole conversation about the gentrification of the Roma neighborhood, where, due to the rental prices, it was argued that only foreigners can live.

However, the truth is that, for several years, not only in Mexico City neighborhoods, but also in beach cities such as Los Cabos, Puerto Vallarta and Tulum, foreigners spend several months on vacation, and even more now, since with the pandemic they are allowed to work remotely.

According to Rotamundos.com, a chain of hotels and rental properties, in the United States there are more than 3 million people classified as digital nomads, that is, those who can work from any city or country.

In addition, as one of the closest destinations for Americans is Mexico, since the pandemic began, the influx of those who decided to come to live in the country while the Covid health emergency dissipates grew.

Javier Cardenas Ibarra, founder and CEO of Rotamundos.com, said that the phenomenon of digital nomads will make the vacation rental of houses or apartments to increase 20% this year.

"They are looking for properties with certain standards: a good internet connection, a good bed, cleaning service and homes that are also sustainable and environmentally friendly," explained Cárdenas Ibarra.

In addition, if foreigners used to stay only a couple of weeks, now they extend their stay up to six months or more, because they have the flexibility to work remotely, he added.

Read the rest at El Universal

Related: Will Mexico’s New Influx of Foreigners Wear Out Expats’ Welcome? (Mexico News Daily)

This article was translated from Spanish using AI technologies. Errors may exist due to this process.