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.
Member Login
Free e-newsletter
Boomers Abroad Online Community Blogs
Share your experiences with us!
Tags >> The Caribbean
By: Jim Scherrer,
By: Jim Scherrer
Investors are advised to look at property for sale in Brazil because of the country's strong economy, according to an expert.
James Gonzalez, market analyst at Obelisk Investment Property, says that the country is "stable" under the leadership of President Luiz Inacio Lula da Silva and says the economy is "thriving" as the exports grew by nearly 15 per cent last month and people have the confidence to spend money. The Economic Commission for Latin America also reported that the country's stock market registered a healthy trade surplus of $3,700 billion (£2,456 billion). Mr. Gonzalez has said that this tendency looks set to continue for the rest of the year, which is likely to be good news for Brazilian property investors
Paulo Wrobel, from the commercial section of the Brazilian embassy in London states that South American nation is likely to perform better during the recession than developed countries because the markets are "very robust". Mr. Wrobel asserts that the regulations in place in Brazil are very strict for the last decade or so and the country has not seen the kind of turmoil experienced by other major powers.
He commented: "The construction is growing quite substantially but there was no madness in terms of lending for those without the capacity to pay."
A consensus between analysts in the field of Latin American finances has found that Brazil and Mexico will be the healthiest economies in Latin America in 2009, Property Abroad reports. Property investors in Brazil will also experience a stronger-than-average drop in inflation, the magazine asserts.
Meanwhile, Brazilian property investors could be interested to hear that Mr Meirelles, the president of the Latin American nation's Central Bank predicts the economy will grow at a rate faster than the global forecast of two per cent.
James Gonzalez, market analyst at Obelisk Investment Property, says that the country is "stable" under the leadership of President Luiz Inacio Lula da Silva and says the economy is "thriving" as the exports grew by nearly 15 per cent last month and people have the confidence to spend money. The Economic Commission for Latin America also reported that the country's stock market registered a healthy trade surplus of $3,700 billion (£2,456 billion). Mr. Gonzalez has said that this tendency looks set to continue for the rest of the year, which is likely to be good news for Brazilian property investors
Paulo Wrobel, from the commercial section of the Brazilian embassy in London states that South American nation is likely to perform better during the recession than developed countries because the markets are "very robust". Mr. Wrobel asserts that the regulations in place in Brazil are very strict for the last decade or so and the country has not seen the kind of turmoil experienced by other major powers.
He commented: "The construction is growing quite substantially but there was no madness in terms of lending for those without the capacity to pay."
A consensus between analysts in the field of Latin American finances has found that Brazil and Mexico will be the healthiest economies in Latin America in 2009, Property Abroad reports. Property investors in Brazil will also experience a stronger-than-average drop in inflation, the magazine asserts.
Meanwhile, Brazilian property investors could be interested to hear that Mr Meirelles, the president of the Latin American nation's Central Bank predicts the economy will grow at a rate faster than the global forecast of two per cent.
