We've had a blossoming discussion on another
http://www.tfproject.org/tfp/showthr...32#post2046332. My travels to Mexico persuaded me that I could enjoy living there. I felt safe on the streets of Guadalajara...a wonderful; city, in the high desert country, with a pleasant arid climate. The old, colonial silver city, Guanajuato, is also a compelling place.
My understanding is that Amercans are free to hold and transfer title to real property except is coastal zones.
My opinion of migratiing to Mexico is positive especially if they continue to come here to live in large uncontrolled numbers. What do you think?
Quote:
http://news.pacificnews.org/news/vie...a877fc13301da7
'Generation Gringo': Young Americans Moving to Mexico
News Feature, Louis Nevaer,
Pacific News Service, Nov 04, 2003
Editor's Note: Young and middle-aged Americans, spurred by nostalgic memories of Mexican vacations in high school and college, are moving to Mexico, joining with U.S. retirees and changing Mexican cultural and economic life.
MEXICO CITY--In the last decade, an estimated half million Americans moved permanently to Mexico, making the United States' southern neighbor the country with the most U.S. expatriates in the world.
.....Many Mexicans are ambivalent about the new invasion. "The last time Mexico experienced anything like this, it was a prelude to war," Jorge Canto, a businessman who works with Americans said. "Is history repeating itself?" Mexican officials worry that older American immigrants will strain Mexico's health system. Because of the influx, Medicaid and Medicare have expanded their payment programs in Mexico, and some U.S. HMOs cover members living in Mexico.
American entrepreneurship in Mexico is making its presence felt. In a study conducted by the Inter-American Development Bank, the amount of remittances sent to Mexico from the U.S. soared to $14.5 billion, up from $9 billion two years ago. But closer examination reveals that $3.5 billion of those remittances is money sent by Americans to themselves in Mexico, to purchase homes, finance the opening of businesses and for living expenses.
History may indeed be repeating itself. In 1598, Juan de Onate claimed what is now the American Southwest for Spain, and for two centuries, trade between the areas that are now New Mexico and Arizona came via Mexico City. It was not until 1821, when Mexico declared its independence from Spain, that the north-south route was redirected. The east-west Santa Fe Trail joined the outpost of New Mexico to the United States by linking Santa Fe to St. Louis, Missouri.
That link predominated until the North American Free Trade Agreement. NAFTA seems to be restoring historic north-south economic and cultural trade routes. In time, the old east-west corridor may be viewed as a relic associated with America's 19th century nation-building.
PNS contributor Louis Nevaer (nevaer1@hotmail.com) is an author and economist His latest book, "NAFTA's Second Decade" (South-Western Press) will be released in December.
Comments
C&H on Nov 28, 2005 15:24:50, said:
We are the next wave of retirees! Only 55 not approaching geezer status as yet! We looked all over Mexico. You can see our search at
www.newbeginningsmexico.com
but we ended up in Ajijic. We are almost through our second year and are still very happy! The village has seen a major surge of home purchases along with the rise in the lake level this summer. According to friends in real estate the purchasers are mostly 55 or under.
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