Chuck Bolotin of Best Places in the World to Retire describes how (or even if) expats living in places like Mexico could achieve a lower cost of living.
A study of expats primarily in Central America, “Expats: Expectations & Reality,” found that 86.6% thought that they would achieve a lower cost of living by moving abroad. The study, which was conducted by Best Places in the World to Retire, also found that 84.2% did achieve a lower cost of living. A follow-up study, “Expat Reports: Is It Cheaper to Live Abroad?” reported that 34% spent less than half as much abroad as they did before.
Those numbers certainly underscore one of the great advantages of living in certain foreign countries. But what is the cause in those few cases when expats experience a higher cost of living?
The reports suggest…
To read complete article click here.
more recommended stories
Maya Train requires an investment of more than 40 billion pesos just for Quintana Roo
The construction of the Mayan Train,.
Campeche’s appointment as Cultural Heritage of Humanity in danger
“If the city wants to preserve.
This years’s Liseberg Applause Award for inspiration went to Xcaret, Quintana Roo
The 2018 IAAPA Attractions Expo kicked.
President Peña Nieto and ex-president Calderón allegedly received millions from drug cartel
The Sinaloa cartel allegedly bribed Mexico’s.
Police officer killed at the entrance of SSP building in Mérida (Diario de Yucatán)
MERIDA.- After a shooting, the death.
Port of Progreso needs to be strengthened, expanded and modernized: SEFOE
The Secretary of Economic Development of.
Yucatecan Culture: a state asset that needs to be institutionalized
To strengthen the cultural offer of.
Archaeological site of ‘Flor de Mayo’ in Kanasín, Yucatán to be restored by INAH
The National Institute of Anthropology and.
Cozumel welcomes “Symphony of the seas” the largest cruise ship in the world
With the arrival of the largest.
United Nations recognizes Merida as the best city to live in Mexico
Merida, Yucatan, heads the index of.