MEXIQUE

A more affordable cost of living than in France

The cost of living in Mexico is often cited as a major advantage, with living expenses significantly lower than in the United States or Europe. For example, rent in Mexico can be up to 70% cheaper than in the United States. Groceries and utilities are also more affordable, making daily life less onerous for residents.

Here are some examples of daily costs in the Riviera Maya, a region particularly popular with expatriates (data from December 2023)

• Bread (500g): approx. €1.9
• Rice (1kg): €1
• Cheese (1kg): € 7.7
• Chicken (1kg): €7.8
• Cab (per km): €2.1
• Monthly housing costs: €82 per month

In Mexico City, costs will be slightly higher, but still more affordable than in many European countries.

A rich culture

Mexican culture is rich and diverse, blending ancestral traditions with modern influences.

The region celebrates colorful festivals such as Dia de los Muertos (Day of the Dead) on November 1 and 2, following Halloween, and Carnival with its many dances and parades. The arts, whether in the form of music, dance or crafts, play a central role in daily life. What’s more, Mexico’s world-renowned cuisine offers an incredible variety of flavors and regional specialties.

A pleasant climate, from temperate to tropical

Mexico’s climate is extremely varied, offering environments to suit almost every taste.

Climates range from tropical in the coastal areas to temperate in the mountains. Coastal regions, such as the Riviera Maya, enjoy a hot, humid climate with a rainy season in summer. The central highlands, like Mexico City, have a more temperate climate with cooler temperatures.

Living on the Riviera Maya

The Riviera Maya, located in the state of Quintana Roo along the Caribbean coast, is known for its relaxed, luxurious lifestyle. Particularly popular with tourists, digital nomads and expatriates, the Mayan Riviera is the ideal place to retire in Mexico.

Hotspots on the Riviera Maya

1. Playa del Carmen: Famous for its Quinta Avenida (5th Avenue), a pedestrian street lined with boutiques, restaurants and bars. Playa del Carmen is a vibrant blend of local culture and international influences.
2. Tulum: Famous for its Mayan ruins facing the sea, Tulum is also a mecca for wellness, with yoga studios, meditation retreats and a strong ecological culture.
3. Cancún: Well known for its luxury resorts and lively nightlife, Cancún also offers cultural experiences and outdoor adventures.
4. Cozumel: A paradise island famous for its diving sites and coral reefs. Cozumel offers a quieter atmosphere and is ideal for water sports enthusiasts.
5. Akumal: Known as a great place to swim with turtles, Akumal is a small community with beautiful beaches and a relaxed atmosphere.

Advantages of living in the Riviera Maya

• Relaxed lifestyle: The Riviera Maya is renowned for its relaxed atmosphere. The proximity of the sea and the natural beauty of the area contribute to a general feeling of tranquility and relaxation.
• International community: With a large number of expatriates and tourists from all over the world, the Riviera Maya offers a dynamic, multicultural social scene.
• Leisure activities: From diving and snorkeling in the coral reefs to discovering archaeological sites, the region has no shortage of exciting activities.
• Gastronomy: Riviera Maya cuisine is a blend of local and international flavors, offering a wide variety of choices to suit all tastes.
• Luxury real estate: The region is renowned for its luxury properties, ranging from seaside villas to modern apartments with all amenities.

A safe and pleasant region to live in

Safety is a valid concern for anyone wishing to visit or settle in Mexico. The Riviera Maya is considered one of the safest regions in the country, benefiting from a strong tourist appeal, quality infrastructure and a high level of security.

Visas to visit Mexico

Tourists from European Union countries do not need a visa for stays of less than 180 days. For retirees or expatriates wishing to live in Mexico, there are temporary and permanent resident visas.

– The temporary resident visa is generally valid for one year and can be renewed for up to four years. It’s ideal for those who want to stay in Mexico for the long term, but don’t want to make it their permanent home.

– The permanent resident visa is suitable for those planning to settle indefinitely. These visas require proof of sufficient income or investment in Mexico. For specific details, please consult the Mexican Embassy website.

In addition to its quality of life, pleasant climate and superb beaches, Mexico is an Eldorado for real estate investment. For more information, request a free appointment directly from this link, or see our “Why invest in Mexico?” section.