The following excerpts appeared in Yahoo! Finance on July 9, 2011. We feel that with Merida’s close proximity to Sunset Shores, you will get the best of both worlds with affordable, pristine beachfront living, as well as all the modern amenities and hidden treasures that Merida has to offer.
8 Great Places to Retire Abroad
by Donna Fuscaldo, contributing writer
Saturday, July 9, 2011
Great places to retire can be found outside of Florida and Arizona. In fact, many can be found outside of the U.S. entirely. Safe, attractive and affordable places to retire are scattered across the globe, from Latin America to Asia and even Europe. We’ve narrowed our list to eight overseas retirement hot spots.
Two factors critical to retirees (and their wallets) shaped our choices: cost of living and health care. To make our picks we consulted several experts on travel, tourism and overseas retirement. We also gave added weight to the cost of living, real estate and health care components of International Living’s Global Retirement Index of the top 25 countries for retirees.
A note on cost of living: Monthly budgets for overseas retirees will vary widely, depending on country, lifestyle and housing type. There’s no one-size-fits-all dollar amount. The estimates provided for each retirement hot spot offer a ballpark figure, including housing expenses, for how much a “typical” retired American couple would need to live comfortably.
Population: 1.25 Million
Climate: Tropical. Temperatures range from the low 70s to the mid 90s.
Proximity to major airport: Merida has an international airport with some nonstop flights to the U.S. Mexico City is less than two hours by plane.
Access to health care: There’s a slew of quality medical facilities, including the highly regarded Clinica de Merida. Some retirees may qualify for Mexico’s low-cost public health insurance program, known as IMSS. Mexico ranks 14th out of 25 countries on International Living’s Global Retirement Index for health care.
Cost of living: Mexico tied for third (with Colombia and Thailand) on the Global Retirement Index for cost of living. A retired American couple can live comfortably in Merida on $1,700 a month.
The draw: City living meets colonial charm. Merida, the capital of the state of Yucatan, is a world away from Cancun, its touristy cousin across the peninsula. Sitting 22 miles inland, Merida has a European feel, thanks to its Old World architecture and abundant culture. There are opera houses and cathedrals to explore, and foodies rave about the dining scene. There’s a growing population of retirees from the U.S., as evidenced by an English-language newspaper and library. Merida has escaped the violence that has plagued Mexico’s border towns.
If you would like to know more, please contact your Trans Caribbean Trust agent today and we will be happy to help you gather the info you need for your investment options in the Mexican Yucatan Peninsula.