Why all the hoopla about retirement in Lake Chapala? Why would you even consider moving to another country? For many it is an economic necessity and for others facing a mid-life crisis or change in a family relationship, it is an opportunity to begin a new and exciting life abroad and reinvent yourself all over again; even spark new love in an existing relationship or start a brand new one.
In this blog we'll take a look at the top 5 reasons why you might consider moving to Lake Chapala, Mexico.
Low Cost of Living
Top of the list is the "Low Cost Of Living". Although rents and housing prices have risen during the past 8 years, you'll still find that the cost of living is generally 40-50% than what you would be spending in the States or Canada. Most everything except some imported goods are drastically cheaper. For a complete synopsis of the cost of living in Lake Chapala you can read our 2022 Cost of living figures blog For a more in depth look and comparison of costs for everyday items you can also read Real Costs of Living in Ajijic
Large Established Expat Community
Rivaling the number 1 spot is the "Large Established Expat Community". This makes expatriating to Lake Chapala super easy with a readily accessible built in knowledge base. There are also many services and support groups to help you with anything you might need along with a huge variety of Things To Do In Lake Chapala
Incredible Climate!
Rated the second best climate in the world. You will not believe the consistent and comfortable climate that awaits you. With the moderating effect of Mexico's largest lake, it's location near the equator and the 5000 foot elevation, it truly is one of the best spots in the world to live.
More information on our blog "Ajijic Weather - The Best In The World?"
Inexpensive and Readily Accessible Healthcare
Inexpensive compared to the United States and Readily Accessible for Canadians who often need to wait months to years for service. There are an abundance of excellent facilities and American trained doctors both in Lake Chapala and in nearby Guadalajara. We have had many friends and even family members who have used the Heath Care and have been very pleased with the service and quality. From hip and knee replacements to back, stomach, hernia surgery and cancer treatments, all of the experiences that we have encountered have been positive. Check out our article "Healthcare In Mexico: First Hand Experience"
You'll find expat healthcare plans affordable if you chose that route or you may decide to self insure. An evacuation membership with SkyMed is another excellent option for those who have good medical insurance in their home country.
Easy Access to the U.S. and Canada
Want to expat to another country but don't want to leave you family behind? Access to the U.S. And Canada is ridiculously easy. In a large part this is due to the overwhelming numbers of Mexican citizens who travel back and forth for family or business reasons and airlines have stepped up to the plate with direct flights from Guadalajara to all major U.S. Airports. Canadians now have direct flights to Vancouver and Toronto (starting September 2024 for Toronto) available to them, or you can opt for a single stop in a U.S. city or Mexico City which has more direct flights to Canadian centers. So don't give it a second thought. Flights are reasonably priced and frequent meaning you'll never be cut off from your loved ones. Added bonus is you are only ½ hour to 45 minutes from the the Guadalajara International Airport!
Conclusion
Mexico is a very large country and there are many spots to expatriate to but these top 5 reasons sets Lake Chapala apart. There is no other place in Mexico that offers all of the above so if these are your top 5 reasons to move to Mexico then let me be the first to Welcome you Home!
Contact us to ask your top of mind questions. We're always here for you.
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Michaela & Ricardo are your FULL SERVICE Real Estate Agents. With over 25 years of combined experience Lakeside, and our network of area Professionals, we help guide you to from beginning to forever in your Retirement Journey to Lake Chapala, Mexico.