3 Reasons Why You Should Move to Los Cabos, Mexico

01 July 2024

More and more Americans and Canadians are choosing to call Mexico home. With an estimated 1.6 million Americans already living there and the trend continuing to grow, it's no surprise why so many are making the move.

Yahoo! Finance published a list of reasons why some Americans are going to Mexico. "They include cheaper rent and property prices, more affordable healthcare, a lower cost of living for individuals and families in terms of internet, utilities, and transit…” Plus, did we mention? An enviable lifestyle. Let's dive into three compelling reasons:

1. Cost of Living

The cost of living in Mexico is significantly lower compared to the US in multiple areas, including groceries, property ownership, leisure activities, transportation, and personal care. Home prices in the US have skyrocketed, particularly in major cities like New York and California. In 2023, the average home in the US cost around $418,000, while in Mexico, it was just under $91,000. Additionally, The Economist Intelligence's Global Liveability Index 2023 shows that cities like San Diego and Los Angeles have fallen in livability rankings. So besides Mexico's allure for its beauty and rich culture, it’s a place where your dollar goes further, allowing you to keep or even boost the high living standard you enjoy without breaking the bank.

2. Healthcare

Expats are flocking to Mexico drawn by its state-of-the-art healthcare that is both accessible and affordable. Mexico offers top-notch facilities, highly skilled certified doctors, and cutting-edge equipment. According to Los Cabos Real Estate Services in Los Cabos, medical, dental, and anti-aging treatments are much more affordable, with prescription drugs costing 30% to 60% less than in the US and Canada. There's no referral system or waiting times for procedures, diagnostics, or appointments, and doctors and caregivers speak excellent English. Additionally, residents can access government-funded healthcare through the IMSS system, covering certain procedures, medications, and doctor visits. However, according to Newland Chase, “most expats often opt for private healthcare due to shorter wait times, better facilities, and English-speaking staff. Expats are strongly advised to have private health insurance to cover medical expenses. Various insurance providers offer policies tailored to expats living in Mexico."

3. Lifestyle

Los Cabos offers a remarkable lifestyle. With its sandy beaches and perfect year-round weather, you'll relish the health benefits of living by the sea and being surrounded by stunning nature. Everything is conveniently close, cultivating a relaxed, easy-going lifestyle. Los Cabos combines charming, historical cities rich in culture and art with the vibrant dining, entertainment, and amenities of modern cities. From walkable marinas and beaches to cobblestone streets and cultural festivals, it offers all the ingredients for a remarkable and enviable lifestyle.

So, there you have it—three compelling reasons why moving to Mexico could be
your best decision yet.


Sources:

Mexico Sees Surge in American Migrants. Link
Healthcare in Los Cabos. Link
The Global Liveability Index 2023. Link

Reasons Americans are Moving to Mexico. Link
The Expat Relocation Guide to Mexico City. Link


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