Posts Tagged real estate

A Taste Of Mexico’s Wine Country – Valle De Guadalupe

A Taste Of Mexico’s Wine Country
As seen on Forbes Magazine, Amanda Arnold , Contributor

Just a two-hour drive south of San Diego across the Mexican border lies a peaceful Baja California valley brimming with ripened grapes, delicious wines and gourmet cuisine concocted from the freshest of fresh local ingredients. Our Forbes Travel Guide editors take a peek at Mexico’s lovely—and somewhat little known—Valle de Guadalupe (Guadalupe Valley), a wine country destination screaming for a late summer getaway of the great outdoors, delicious food and plenty of vino.

Interested in trying a sweet alternative to beer? Venture over to our blog to explore Washington’s cider scene.

A Taste Of Mexico's Wine Country

A Taste Of Mexico’s Wine CountryThe Fiestas de la Vendimia, a celebration of the annual harvest, runs from Aug. 2 through 18 this year, which is why we recommend a late summer visit to the Valle de Guadalupe.

Where To Play
The Fiestas de la Vendimia, a celebration of the annual harvest, runs from Aug. 2 through 18 this year, which is why we recommend a late summer visit to the Valle de Guadalupe. Many of the valley’s wineries participate in the festivities by hosting special events: This year, there’s a wine pairing dinner at oft raved about restaurant Laja with special guest and prominent Mexican chef Daniel Ovadia on Aug. 7; a street party at the Plaza de las Artes in Ensenada on Aug. 8; and a wine pairing dinner at Viñas de Garza on Aug. 15—to name just a few of the happenings.

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Mexico Real Estate Testimonial – Why I choose to live in Northen Baja California

Why I choose to live in Northen Baja California
Written By: Tomas Dolcini

Since I was a child growing up in a predominately Spanish-speaking neighborhood, my dream had always been to buy a home and live in Mexico, preferably by the ocean. On May 6, 2011, that dream came true for me and I signed off the escrow paperwork for my beautiful Mexican-style villa in a Golf Resort called Bajamar located in Ensenada.

Mexico Real Estate Testimonial - Buying A Home And Living in Mexico

Mexico Real Estate Testimonial - Buying A Home And Living in Mexico

The entire experience was an adventure for me. Having purchased a home here in the United States, I was somewhat familiar with how a real estate purchase worked, but was unfamiliar with the Mexican laws. I had heard that Americans could not purchase property along the Baja Peninsula and could only lease for 99 years, so that concerned me. I wanted to reside in Mexico, but be close to the United States, so my family and friends could easily visit. I never thought in a million years I would be able to afford a home with an ocean view in Mexico, because homes with ocean views in the United States cost over one million dollars.

I decided to do some research and stumbled across a website titled www.owninginmexico.com. I was blessed to have found that website. This website had links with thorough explanations to all the various developments in Baja California, and lots of pictures to see what I was up against. I was flabbergasted at the inexpensive prices that were totally within my budget. I made a phone call to ask some questions and spoke with Kathy Katz. She was very enthusiastic and answered all of my questions in a friendly and professional manner. I enjoyed the conversation so much and hung up feeling so positive, that I booked a flight and headed out for Baja that same week to look for houses.

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Mexico’s big hope: get 5 million U.S. retirees

BY ANDRES OPPENHEIMER
aoppenheimer@MiamiHerald.com

Mexico's big hope: get 5 million U.S. retirees

Mexico's big hope: get 5 million U.S. retirees

MEXICO CITY — Mexico is silently working on proposals aimed at drawing millions of U.S. retirees to this country, which could eventually lead to the most ambitious U.S.-Mexican project since the 1994 North American Free Trade Agreement.

President Felipe Calderón is likely to propose the first steps toward expanding U.S. retirement benefits and medical tourism to Mexico when he goes to Washington on an official visit May 19, according to well-placed officials here. If not then, he will raise the issue later this year, they say.

“It’s one of the pillars of our plans to trigger economic and social well-being in both countries,” Mexico’s ambassador to the United States Arturo Sarukhan told me. “We will be seeking to increasingly discuss this issue in coming months and years.”

Calderón brought it up during a U.S.-Canada-Mexico summit in Guadalajara in August last year, but President Barack Obama asked him to shelve the idea until he was able to pass healthcare reform, another official told me.

Now that Congress has passed healthcare reform, Calderón is preparing to charge ahead.

A GROWING MARKET
There are already an estimated 1 million Americans living in Mexico. And according to Mexican government estimates based on U.S. Census figures, that number is likely to soar to 5 million by 2025 as the U.S. population grows older and more Americans look for sunny, cheaper places to retire.

The U.S. Census projects that the number of U.S. retirees will soar from 40 million now to nearly 90 million by 2050. Already, 5 million American retirees live abroad, of whom 2.2 million are in the Western Hemisphere — mostly in Mexico, the Dominican Republic and Brazil. Another 1.5 million live in Europe and 850,000 in Asia.

The key to luring more U.S. medical tourists and retirees to Mexico and other Latin American countries will be getting hospitals in the region to be certified by the U.S. Joint International Commission, which establishes that they meet U.S. hospitals’ standards. There are already eight Mexican hospitals certified by the JIC and several others awaiting certification.

According to Mexican government estimates, healthcare costs in Mexico are about 70 percent lower than in the United States. And from my own experience, those estimates are right: As I reported at the time, when I was hospitalized in Mexico two years ago for an emergency operation, my hospital bill was indeed about 70 percent lower than what it would have been in Miami.

So what will Calderón specifically propose to Obama? Most likely, the Mexican president will suggest starting with a low-profile agreement that would allow the U.S. Health Care Financing Administration to pay for Medicare benefits to U.S. retirees in Mexico. Under current rules, Medicare only covers healthcare services in the United States.

IT JUST MAKES SENSE
My opinion: Mexico and much of Latin America are bound to become growing U.S. retirement and medical tourism destinations, much like Spain has become a permanent living place for Germans, Britons and Northern Europeans.

You won’t read much about it now because neither Calderón nor Obama will emphasize it publicly while the drug-related violence in northern Mexico is making big headlines, and while the political wounds from the recent U.S. healthcare debate are still open in Washington, D.C.

But I’m increasingly convinced that, as the violence in Mexico subsides and the healthcare debate becomes a distant memory in Washington, medical benefits’ deals will become a top U.S.-Latin American priority. Just as free-trade agreements were the big thing of the 1990s, healthcare agreements will be the big deal of the coming decade.

I wouldn’t be surprised if Calderón and Obama take the first baby steps toward a U.S.-Mexico healthcare agreement by finding a way to pay for Medicare benefits for U.S. expatriates in Mexico, or getting U.S. states to allow similar payments. Then, most likely after the 2012 presidential election in both countries, the two would start negotiating a more ambitious deal.

Demography, geography and economics are pointing in that direction. With the U.S. population getting older, a record U.S. budget deficit, rising U.S. healthcare costs, and Mexico and other Latin American countries badly needing more tourism and investments, this should be a win-win for everybody.

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Can In-House Financing Help Trigger the Next Baja Real Estate Boom?

Financing in Mexico

Financing in Mexico

With a slow housing market trending the real estate world and economic uncertainty glooming over millions, Baja real estate developers may yet attract buyers with purchasing plans very much within their affordable grasp.

The number of housing and condo developments in the Baja California coast increased significantly in these past years; as a result of the boom in constructions and the current market conditions opportunities are arising for the knowledgeable investor who can expect a significant return on the investment after the market has recovered, or the American retiree considering moving to México .

Baja California has been attracting retirees for decades with its perfect weather, affordable beachfront housing and accessibility to U.S. services; in response to this the medical infrastructure has been updated with state-of-the-art hospitals covered by some US insurance companies; assisted living services have been created which combined with the continually increasing purchasing power of the dollar against the Mexican peso, have given these retirees not only a secure economic future but an upgrade on their lifestyle as well while extending their income by 3 years per each 10 of retirement funds. Read the rest of this entry »

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