Do Mexico’s problems really spell opportunity?
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…
Good article, but could the date of it be posted? Thanks.
We just came back from 3 weeks in Progresso, I don’t think I’ve ever felt so safe. The people are lovely, the safety impeccable. They even have police for tourists. We drove around the entire area, shopped, took local buses and walked miles of beach. No problems, no hassles, no issues. I think media has sensationalized the problems and given Mexico a bad rep. Don’t get me wrong, I wouldn’t go hang out in the border towns. That said, you wouldn’t go hang out in known drug areas in Canada or the US either.
First trip to San Miguel D’Allende, 2005. Safe, great amenities,diverse and a bargain;PV (Banderas Bay) beautiful, top shelf, safe. Will continue to go to mexico, Tulum, Merida, etc. Like a fantasy…
The US media loves to bash other countries especially Mexico. I have lived here for 5 years and have not seen any violence. My only regret is that I didn’t move here 20 years earlier. The people, food, country, weather and culture is nothing short of beautiful and outstanding. This country has much going for it and will probably outpace the US in real GNP growth over the next 10 years. There is a reason why almost every car manufacturer has a plant here. Come here and see for yourself and stopping reading the newspapers in the U.S.
I have lived on the Pacific coast of Mexico for 12 yrs.
I have been fortunate that I have not seen death and violence. I am thankful that I see life and beauty! Anyone out there need help or info?
I have been thinking about Baja area of Mexico. any information on that area?