Home Headlines San Miguel de Allende, a thriving community of foreign retirees in constant growth

San Miguel de Allende, a thriving community of foreign retirees in constant growth

by sanmigueltimes
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According to CCTV America, that focuses on in-depth coverage of developments in both North, Central and South America; more and more Americans are moving to Mexico after retirement, and many of them to San Miguel de Allende!

Growing up in Chicago, Susan Curra never dreamed she would live in Mexico. Now she couldn’t see herself living anywhere else.

“We actually read an article in the Chicago Tribune talking about retiring in Mexico on 10 dollars a day, which of course is impossible, but we were intrigued. So we came to Mexico and we absolutely loved the country, the culture, the vitality, the ambience, the people, the weather. It’s cheaper to live here,” Curra said.

It’s not hard to see why she and many others have moved here. The U.S. dollar is worth more than 19 times the Mexican peso – making this country a bargain for anybody with a steady income in US currency.


(Image: Google)

“A retiree comes to Mexico to spend less than what they would in the United States. A place with better weather and better services with their pension of 40 to 50-thousand dollars a year…  in the U.S., they could not live there with the same quality of life as they could in Mexico.” Representative of Mexican Association of Retirement, Carlos Sandoval said.

Besides, this year Mexico was named by International Living magazine as the third best country to retire.

The central Mexican city of San Miguel de Allende is an example of a thriving community of foreign retirees. Almost 9 percent of the people living here are from abroad and that figure is in constant growth.

Source: http://www.cctv-america.com/

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