Why Invest Today in San Miguel de Allende Real Estate?
We often hear Mexico being in the forefront of the International spotlight and not always in a good way, however, many have started to hear San Miguel de Allende be one of the top destinations to retire abroad, and despite the negativity surrounding recent political events in the country it is still one of the best places to make investments and obtain some amazing yield in the mid to long run. Here I will list for you some of the great advantages of investing in San Miguel de Allende Real Estate.
High Value For The American Dollar
It is probably a safe bet to list this straight off the get-go, low peso means high value for the American dollar. If you had come visit Mexico about a decade ago you would have been able to exchange a single dollar for ten Mexican pesos. With this money many Americans and Europeans would come and have an amazing vacation, eat very healthy food given the fact that produce is not as heavily processed in Mexico and would be enough to entice many to realize that the quality of life in the country is in many cases “better” than in their native countries.
This has only been become more clear in recent years due to the global shift in economics and politics, in and outside of Mexico. People living in first world countries have less value in their fiat currencies due to inflation, which means that when it is time to spend your twilight years you have less to make more, and that is exactly when people looked to Mexico. With the Mexican peso hitting it’s lowest value, ever, it means that you can do a lot more with your money.
Best Quality of Lifestyle
Some may ask, “what good is money if you are going to spend it in an underdeveloped country?” The reality is that Mexico is definitely NOT a third world country, as a certain President would have you believe, and in fact has a very good infrastructure and its redeeming quality, amazing healthcare.
Mexico enjoys top of the line healthcare, with some of the best Medical universities in the world being here, it is no surprise that Mexico enjoys the largest industry of Medical tourism in Latin America. Many Americans go visit their southern neighbor at times almost exclusively for this reason. With medical bills costing a fraction of what they would in first world countries, medical insurance seems almost unnecessary.
This has made another thing possible, great retirement and assisted living services. Hospitality and friendliness in Mexico are world-wide renown so it is no surprise that the Country hosts two of the largest expatriate communities in the world, Lake Chapala and San Miguel de Allende. Mexicans have the highest respect for elders and are naturally “warm” and accepting of foreigners so retiring in Mexico is almost a no-brainer.
A UNESCO World Heritage Site Everyone Wants To Live In
And lastly, San Miguel de Allende Real Estate is an emerging market that has investors flocking to the UNESCO World Heritage site trying to stay ahead of the latest Real Estate trends that indicate that the town will in all likeliness be the number one retirement destination in the Continent.
TL;DR Investing in San Miguel de Allende Real Estate is a “no-brainer” due to the high value of the American dollar, great lifestyle value and having one of the largest retirement communities of baby-boomers you will never feel alone.