Mexico has had a tough time over the past few years. The death toll due to drug warfare ranks up there with Afganistan.
Yet most of the people who contact us from Mexico don’t seem to be overly worried about being attacked by criminal drug lords. According to most reports we’ve read, expats and tourists aren’t really the target as long as you aren’t hanging around in a border city looking for trouble.
Besides bad publicity, Mexico’s real estate and tourism markets have been hit pretty hard, especially since most tourism zones in Mexico are tied to the health of the U.S. real estate investor, which is still hiding between a rock and a hard place.
On the bright side, a confluence of bad news and unfortunate circumstances is often a sign of opportunity. Even though Mexico has been beaten down, it is far from out of the hearts and minds of anyone seeking sun and sand at an affordable price. Mexico is still a big winner in terms of infrastructure, amenities, culture, and the ease of getting to know existing foreign residents.
If you have been thinking about a second home or retirement home in Mexico, now might be a good time to buy… what do you think? We look forward to receiving reader comments below…