Loreto attracts retirees and snowbirds beach sun

By
Real Estate Broker/Owner with Remax Baja Realty

In Canada every day is more significant the number of retirees or retirees who choose a Mexican town, to spend their years of rest roasting in the sun and only thinking about the snow in their country. To this number of retirees, the so-called ‘snowbirds’ join the club, who for years have traveled to the southern US state of Florida but since September 11, 2001, they began opting for Mexico to simply spend the winter.

Canadians who make that decision will voluntarily expand as they no longer return to their home country for their retirement, or in the case of the so-called ‘snowbirds’ spend only the winter months.

The ‘snowbirds’ and expatriates seem to prefer the center and the Pacific coast where Loreto is beginning to be popular along with San Miguel Allende, Ajijic, Guadalajara, Colima, Cabo San Lucas, La Paz, Mazatlan, Manzanillo, Puerto Vallarta, and colonial cities such as Guanajuato, Mérida and Puebla are others loved by these Canadians.

The truth is that nobody knows, in Canada, how many ‘snowbirds’ and expatriates are in Mexico, although some media handle the figure of 100 thousand and others only 60 thousand, but according to McTavish, it is clear that the number is increasing.
In Acapulco, the governor of the state of Guerrero, for years thousands of Canadian retirees rent apartments in that port to spend the winter. Mexican cities are publicized by organizations such as “Canada2Mexico” (from Canada to Mexico), as owners of dreamy beaches, rich culture and “a wonderful and friendly town”.

According to the CSA, snowbirds leave Canada in November and return in April or May. In turn, expatriates are less numerous but live more or less permanently, according to the sources, in the United States or Mexico, but also in Costa Rica and other countries. Most are snowbirds because Canadians who are more than six months abroad lose health insurance (as in the province of Quebec) and some tax advantages, but also because they lack the resources to buy or rent and live permanently.

However, “Retiring in Mexico” is a business that already mobilizes economic niches, from promoters and home builders to service sellers, and shared by Mexican businessmen and Canadian expatriates. It is a business that can be flourishing due to the constant appreciation of the Canadian dollar against the US and the Mexican peso.

The cost of living in Mexico is cheaper than in Toronto and they do not spend on heating or winter clothing. In Internet portals it is stated that in Mexico there are currently Canadians who escape the winter and live without luxuries with 1,500 dollars a month, while others reside in private neighborhoods and spend three or four times more.

Among the advantages that Mexico offers for Canadian snowbirds and expatriates, according to the numerous Internet portals that offer information and services, there are the accessible prices of health services.

By Ocean Golf and Villa Rentals

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Gustavo Torres / RE/MAX Rosarito Beach, Tijuana Coastal, Ensenada, BAJA

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