| Survey Finds Over 80% of Expats ‘Very Satisfied’ With Life in Mexico Mexico News Daily | |
| go to original January 5, 2024 |
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The vast majority of Mexico-based foreign retirees and other older expats are satisfied with their life here and feel safe in the country, according to the results of a recent survey.
Conducted by the real estate company Far Homes and the Expats in Mexico website, the survey also found that most expats moved here for the good weather, the affordable cost of living and the culture and lifestyle Mexico offers.
More than six in 10 respondents – 85% of whom are retirees and 95% of whom are 55 or older – intend to stay in Mexico for the rest of their lives rather than return to the countries where they previously lived, the United States or Canada in most cases.
Respondents identified a range of dislikes about living in Mexico, but it was clear that the positives outweigh the negatives for the majority.
Let’s take a more in-depth look at the results of the Far Homes/Expats in Mexico “7th Annual Expats in Mexico Survey.”
Why do retirees (and other expats) move to Mexico?
The survey respondents – men and women in almost equal numbers – were asked why they moved to Mexico and directed to choose all applicable reasons from a selection of 10.
Almost nine in 10 respondents – 86.3% – cited “climate and weather,” while 79.9% selected “cost of living” and 74.1% chose “Mexican culture and lifestyle.”
“When it comes to reasons for moving to Mexico, it seems good weather reigns supreme,” said Far Homes CEO Chet Kittleson.
The fourth and fifth most popular reasons for moving to Mexico were “health care cost and quality” (32.4%) and “safety and crime” (20.9%).
The other five reasons presented to respondents were selected by less than 10% of the surveyed cohort. They were “transportation and infrastructure”; “frustration with government and politics”; “to be closer to family”; “work and economy”; and “schools and childcare.”
Read the rest at Mexico News Daily
Related: An Insider’s Guide to a Perfect Weekend in Puerto Vallarta (Mexico News Daily)
Related: Tourists From the United States Were Angered by the Peso’s Strength Against the Dollar (World Nation News)
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