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Category: International RetirementStephen Anderson and his wife retired to Mexico seven years ago. Speaking to Topretirements recently by phone, Steven told us this was the biggest mistake of their lives. For the last year they have had their home on the market. They intend on returning to the USA as soon as it sells, as many of their friends have already done.
There are currently something like 1,000,000 expatriates that have retired to Mexico and many, many more coming. They are under the sometimes false impressions that it is far cheaper to live here; that it is nothing but beaches, mountains, and margaritas; and they can live better in Mexico than in the US or Canada. The truth is that it is not always less expensive to live here; it is also a country where crime and corruption are rampant. Indeed expatriates are not only the prey of choice, but crimes perpetrated against them are ignored by the authorities and legal system. Stephen just published a book on his adventures, “Retiring In Mexico: The Good, The Bad, and The Ugly”, to help warn others about what can go wrong south of the border.
How Stephen and his wife got to Mexico
Stephen is a retired real estate developer. He and his wife had read a lot from International Living about the appeal of living abroad, and particularly a Mexican retirement. So they came for a visit and discovered…