Mexico
Should I buy or rent a home in Mexico?
If you have not spent a lot of time in Mexico, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"We purchased a home... Buying is easy but selling is a challenge so they say... Ours went well and we have moved over 20 times in our marriage so buying and selling homes is not new to us... One serious recommendation is to get an attorney to look over the papers and assist in closing. Realtors here run from great to not so and having a knowledgeable third set of eyes makes the process painless," commented one expat who made the move to Lake Chapala, Mexico.
Welcome Home MexicoConnect
Welcome Home Mexico occupies a niche in the market as a successful relocation and real estate firm helping expats moving to Mexico! As seen on CBS news, PBS, in the L.A. Times and more, we are one of the leading companies in this field. Welcome Home Mexico offers a wide range of services, multi-lingual knowledgeable brokers with experience, efficient and professional service.
Click connect to have our partner contact you via e-mail and/or phone.
Welcome Home MexicoWelcome Home Mexico occupies a niche in the market as a successful relocation and real estate firm helping expats moving to Mexico! As seen on CBS news, PBS, in the L.A. Times and more, we are one of the leading companies in this field. Welcome Home Mexico offers a wide range of services, multi-lingual knowledgeable brokers with experience, efficient and professional service.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
"Buying a home in Mexico can be a great opportunity to acquire a property in a country where you will undoubtedly find a vibrant culture and beautiful scenery. However, as with any purchase, it is essential to consider a variety of factors before committing to a home. Renting a home in Mexico is also a good option because you can try out an area before making a large investment. Additionally, you may be able to benefit from cost savings associated with renting a home, as the maintenance costs and property taxes are the responsibility of the homeowner. Ultimately, it comes down to your personal preference, budget, and lifestyle," remarked another expat in Mexico.
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Other Questions:
- What should I pack when moving to Mexico?
- Where should I setup a bank account in Mexico?
- Will I be able to find a job in Mexico?
- What is life like in Mexico?
- What do expats in Mexico appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Mexico?
- Is there a lot of diversity? Are people in Mexico accepting of differences?
- What are the schools in Mexico like?
- What are healthcare services like in Mexico?
- What are medical services in Mexico like?
- Are healthcare and health insurance expensive in Mexico?
- What are emergency services like in Mexico?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Mexico?
- How are local medical facilities in Mexico?
- As a foreigner living in Mexico, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Should I buy or rent a home in Mexico?
If you live in Mexico, newcomers to Mexico would love to hear your answer to this question.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
