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The International Community Foundation is pleased to announce its “Retiring Responsibly in Mexico” research series with our first report “U.S. Retirements Trends in Mexico’s Coastal Communities: Lifestyle Trends and Demographics.” You can access the report here: http://www.icfdn.org/publications/retireeresearch/.
Forthcoming research studies will address trends in health care, volunteerism, philanthropy and civic engagement, real estate as well as the environment. For more information on the International Community Foundation, visit our website at http://www.icfdn.org.
Boomers Abroad Online Community Blogs
Boomers share their experiences abroad with us!
Tags >> American Expat
HOW DO WE SPEND OUR TIME IN PÁTZCUARO?
A New Boomer Member recently sent me a message saying that she and her husband were looking for a retirement place in Latin America and asked if I could share our daily experience living in Pátzcuaro, Michoacán, Mexico. She asked, “Is the assimilation difficult? How important is the language? How are the locals treating you? What is the price of the real estate? How much on average does it take to live there a month? Sorry for this many questions, we cannot find any sources yet to have a good objective overview of living in Mexico.” I answered her with an email, but it seems to me that many people, who have not yet made the move to overseas living, probably have the same or similar questions. So, I would like to share the comments I sent in my email to the New Member.
Mexican Presidency published last week a good news for all the residents of the State of Guanajuato where San Miguel de Allende is located, a popular city for Americans and Canadians to retire.
Mexico's Health Care is a mix of several options any Mexican or person living or visiting in Mexico has to take care of his/her health by a constitutional mandate.
I work for the International Community Foundation (http://www.icfdn.org), a 501c3 organization that works to increase charitable giving across U.S. borders to benefit overseas communities and nonprofit organizations. Last year, ICF donated over $5 million to organizations outside the U.S. in the areas of education, environment, health, community development, and culture and the arts. Over 75% of our grants go to Mexico -- we focus primarily on the U.S.-Mexico border region and the Gulf of California/Sea of Cortez regions.
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Sep 03
2009
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Retirement- What Will You Do ??
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Aug 04
2009
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Living a multinational lifestyle has many wonderful benefits, but it also brings unique challenges. The complexity of managing financial wealth certainly tops the list of these challenges. This article touches on some of the most critical financial considerations for American expatriates, including banking, investment management, taxes, and real estate.
Managing cash and banking needs while living abroad can be difficult. To make things easier and less costly, expats should maintain two bank accounts. The first should be a U.S.-based account with offerings like credit and debit cards, and convenient web features like online bill-pay and money transfers. The second should be at a local bank in the resident country to be used for day-to-day living expenses– this account should hold a minimum reserve of 3-6 months of living expenses. Some foreign banks offer U.S. dollar-denominated accounts, a terrific option for expats as they can simplify and lower the cost of foreign currency exchange.
