Baja California is one of the entities in Mexico that most US citizens select to live, said the US consul in Tijuana, William A. Ostick.
The option of residing in Mexico has to do with the living conditions offered, having an economic style, compared to their expenses in the United States.
According to the National Institute of Migration (INAMI), Americans with a home in Mexico are mostly older people who receive a pension from their government and want to settle out of their country.
Such is the case with most of those residing along the northern border of Mexico, although not all Americans living in our country have the documentation to legally inhabit, said Consul Ostick.
"Several of them do not have the necessary documents, but I would not have an estimate, it's not my subject, it's from INAMI. We have no control or exit filter from our country, so they can enter Mexico freely and easily and their reception is the Mexican government's reception. "
The conditions of residents from the United States are distinct; For example, in Tijuana, more people live who work in the neighboring country or perform other activity, such as studying.This is unlike the American residents of Playas de Rosarito, said the consul, because those living in that municipality are rather retired, who decided to settle in Mexico to enjoy the rest of their days.Data estimated in 2016 indicate that more than 20,000 US pensioners live in the border area, although there are no exact figures of retirees from that country who are residents in the area."There is a steady flow, they are getting a lot of people after the recession of 2008, when the recession was in the United States, it is recovering."After the economic crisis in 2008 in the United States, some citizens chose to settle on the northern border of Mexico, an area where life is cheaper for the neighboring country, the consul said."And that does not count with tourists," he said. "On the peninsula there were 150,000 Americans, but in peak periods, up to 300,000 Americans."He explained that he is working with INAMI to know the number of Americans who live illegally in Mexico, as some may carry out illicit actions in the country."In Mexico we have very good cooperation and it is very common that INAMI expels the United States if there is a history or a legal matter, if there is, we are going to stop it, otherwise we will let it go free."Motor of the real estate sectorAs part of tourism and in some cases a residence in Mexico, US citizens invest in the real estate sector in Baja California, which leaves a significant economic spill for the entity.In the last three years, this sector has focused on the construction and sale of departments aimed at the middle class population, many of them US citizens, due to the purchasing power they present.
The cost of housing in the Costa Zone ranges from $ 150,000 to $ 200,000, according to data from the State Council of Real Estate Professionals in Baja California.
The US investment that reached Baja California in 2016 amounted to 1,301.5 million dollars in 2016, according to the State Council of Real Estate Professionals, which focus on that market more and more.
To live in Mexico
- United States passport to live at least six months
- Resident visa, which will allow you to work legally in the country
- After 5 years of living in Mexico you can apply for the permanent residence visa
Visit our Web site!
Thank you for reading!
Comments(3)