I guess you have a valid point. But looking at it on from a different view point, Mexico loves and welcomes folks coming down and becoming part of the culture and economy. US dollars are a coveted commodity in a place where poverty is prevalent. And expats become defacto embassadors and show the world what a wonderful place Mexico is to retire and live the rest of their days.
It is awful in a lot of ways, but the US has always been a "pull yourself up by your own bootstraps" country. Independence is highly prized, and SS follows suit. You are supposed to be able to plan for your own financial well being and use SS only as a supplement. I never was much able myself, so I am looking for alternatives (such as less expensive living in MX).
I think Mexico is an excellent place to live and has an excellent society. There's pros and cons, but in Mexico you ARE more Free for certain. In Mexico, the cost of living is lower, so you can live better for less. In Mexico, people have family values and they are kind and respectful of others, too. Certainly, the Mex. gov. is doing an increasingly better job of making health care available - some plans one can join for free and others offer good services at very low prices, unlike the USA that shafts their people with greedy charges - this alone should encourage people to retire in Mex. - it is not perfect, but better in so many ways.
64 year old nurse working full time… if everyone who’s old enough to retire leaves my employer they will probably go under…. People flat out don’t want to work
Two things I will say about the debit card are, the money loaded on the card is not in YOUR bank account so you’re not earning interest and if your card gets stolen, there goes your money. I personally prefer Paul’s advice of haunt your funds in the US and then moving money to Mexico when the exchange rate is in your favor. You also limit the downside of your ATM card being stolen.
Good to know SSDI can be collected in Mexico. This opens the door for disabled people who need expensive nursing care to get that care for MUCH less money in Mexico. This is a great thing.
Many people collect SSDI/social security retirement and have to leave the country. I just helped a friend who sustained a crippling injury in a work related job accident. His career is over. The Social security benefits would not even allow him to rent, and pay the bills in the US. With the SSDI benefits, he and his wife would have lived in poverty in the US for the rest of their lives. They brought a small house in a coastal town in Mexico. They are living more comfortable. Ironically, they can afford a nurse, and repair person with their benefits in Mexico. They are contributing to the Mexican economy and have found a new purpose in life. I think the US and other developed nations should encourage retirees to move to third world countries. It's a win win for everyone involved. The retirees live better, and the developing nations get stable incomes injected into their economy. This income will trickle down. Everyone wins.
@@annonima3206 if you want universal healthcare talk to someone in Ireland…. My friend there needed hip surgery and they gave her an appointment for a consult… 2 years and 8 months away!😡so fortunately she was able to take out private medical insurance ( so they continue to tax her for the national healthcare AND she had to pay for private medical insurance… this is the reality of “ universal healthcare “ also when they got national healthcare the Drs and nurses were paid so poorly that a lot of them moved to other countries so now they have a critical shortage… and this is what you want for us…. Thanks a lot
@@annonima3206 the system is broken if you are disabled or old and where never able to save up for retirement you fall below the poverty line there is no safety net people have to go to developing countries to survive
It’s very simple: keep a US address and bank account and have your pension deposited in that account and withdraw your money with a debit card wherever you live, that’s it.
I’m on SSDI and legitimately cannot even afford a studio apartment + bills in a small town on my benefits alone. While the SSA says the benefits are supposed to “help” but not cover living expenses, the reality is, if I could work, or sustain work, I wouldn’t be on SS to begin with - so it’s a catch 22. 🤦♀️ Mexico is starting to look more and more like the better option - and perhaps a healthier, more sane option as well.
I worked for US Consulate in Guadalajara Jalisco in 2002. At that time, there where 52,000 expatriate Americans living in Chápala and Ajijic. I imagine there are even more living in Puerto Vallarta. The US Consulate in Guadalajara has a fully staffed social security department to assist with such issues. You might want to check if Puerto Vallarta US Consulate has such a department…or drive 3.5 hrs to Guadalajara 😊
You have the most informative and direct to the point videos on moving to Mexico that I have seen. Thank you for doing such a great job and congrats on the growth of your channel!
Chase Bank is in Mexico and America. You keep your own account and it's good in both countries. Plus they have credit cards in both countries. I called social security and yes you can keep your SSDI benefits in Mexico. But not SSI. Their maybe a 15 percent cut for larger than the minimum SSDI benefits. I only get $761 so not sure if I would get the 15 percent cut. Medicare can be used in Larger hospitals that contract with them. If you become a Mexican citizen, you can buy their $50 month medical plan. I studied up on many things on this to. Take your time and call your local social security office or the national hot line. They explain everything. Great stuff. Always explore your options every where!
Thanks for another informative video, Paul. The best TH-cam channel for people that want to move to Mexico. Short and sweet and straight to the point video.
Thank you for this topic. It is something that I was getting ready to explore as I will be retiring soon and once I do, we will be moving to Mexico to retire.
Thank you for your insights. I am interested in retiring in Mexico and your channel is great in giving information about how to do it the right way. Cheers from outside Boston.
I was married to an American citizen that’s past away I’m currently living in Mexico I’m Mexican citizen I did live with my husband in the USA during our marriage for more than 10 years
I love your videos Thank you so much! You said something about learning skills to make your videos more interesting instead of just standing in front of the camera. Well I think they are awesome but how about a walk and talk, maybe on the beach 🏖️ That would be awesome and beautiful! Thank you again for all your priceless information!! 💕
You can collect ssoc benefits while living in other countries whoever said you cant they are wrong. Its even posted on the SSOC site. My parents live in Mexico and collect theirs just fine.!
If memory serves, you have been a law enforcement officer before moving to Mexico. That has provided you an advantage in carefully describing the nuances one might encounter in moving to Mexico. In other words, you are mindful of "Words have consequences:" and practice that! Thank you, again.
Great information, thanks a lot for the video. I am planning to retire to Mexico, just don't know where yet. Looking forward to seeing all your videos. Keep up the great work.
I have lived in the Philippines for 10 years now and have my SS direct deposited into my Philippines bank Dollar Account. I don't have to deal with transfer fees and because it's a dollar account I also wait untill the exchange rates are good to exchange for pesos. We also have a SS office here at the US embassy in Manila.
Great video. For Canadian citizens living in Mexico: Receiving your OAS pension outside of Canada You can qualify to receive Old Age Security pension payments while living outside of Canada if one if these reasons applies to you: you lived in Canada for at least 20 years after turning 18 you lived and worked in a country that has a social security agreement with Canada. The time you lived or worked in that country and Canada must be at least 20 years
My sister's scottish ex husband got his pension money from Scotland every month at the ATM here in America, so you can get social security anywhere in the world.
Hmmm, never thought of growing the value through using the fluctuating values of the currency of different countries. Wonder how lucrative that would be to do it in both directions based on fluctuations?
I've just gone to the channel. Yes, I'm subscribed. Y'all are champions! My Mexican Landlord (Maneadero, Ensenada) is trying very hard to intimidate me into a rent hike that's contrary to my Lease. She's in California. Her more devious than smart brother is her agent here. I'm not living comfortably because these two will not keep the structures and systems up, it's a long-term nightmare that ends in March, fulfilling my Lease. Can you find out and tell me if I have recourse? Pretty please?
Interesting that you discuss SSI and SSDI but not the common benefit that most workers draw at retirement called Social Security. The two you discuss, as I understand them, are special programs for low income (SSI) and for people who no longer can work due to some disability (SSDI). That leaves the question, can one draw Their retirement Social Security benefits outside the US and if yes, are there any conditions?
Great vid the info was good enjoy the humor! Having lived out of the us for close to 17 years in Asia South America Haiti and DR to name few my son and I are moving to Campeche Mexico this year and hopefully long term thank you much!!
You can collect ss , your retirement check anywheres in the world you choose to live , it's your money , they will sent it to your bank account Wich ever that is in the country you live
I would keep depositing SS benefits into USA banks Acc. and just have enough money in a MEX acc . to pay bills. It has happened before, foreign currencies can become worthless, like Argentina in early 2000's and Venezuela a few years ago.
I've lived in Mexico for 27 years and have no ties to the US -- other than kids and grandkids in the. So, I have no US address that would allow me to have a US bank account. My SS is direct deposited to my Mexican bank account. I found when I received the first stimulous check via mail, that the check was un-cashable in Mexico.
@@DrAJ_LatinAmerica Tony -- I learned long ago not to assume things about other people's lives. I haven't filed an income tax return since I retired in 2010. I don't have to -- if you want to assume something about that. My tie to the US is my monthly SS deposit. PERIOD.
I don't wanna part we're supposed to say I don't need a passport to go to Puerto Rico not Portugal My text voice system doesn't work very well Especially when I talk fast
I need the name and contact info of the great lady/attorney in Playa del Carmen you said could help foreigners get residency visas. Porfa, porfa, pooooorfaaaaa!!!!!!!! Gracias por tu excelente canal! y videos siempre informativos y utiles!!!!!!!!!!! Saludos cordiales, desde Panaba Yucatan!!!
Adriana Vela is not an attorney; rather, she is an immigration specialist. We've known her about 8 years and she does a great job. Here is her site: immigrationtomexico.mx/about-us/
Hi Paul, I have been unsuccessful so far looking for information about Mexican taxes on foreign (non US) social insurance or pension money, either in monthly installments or one time payments. I would be interested to learn something about that.
Actually my wife and I opened a Citibanamex account in Mexico thinking it was going to be the same but it turns out they are two separate banks and are not linked in any way. When Citibank closed operations in Texas we just switched to a local Credit Union.
Yeah, the dollar is weakening against the peso and our rent is about to go up 6%, which is the standard contract percentage increase for rentals. Which might be good for people to know: your rent goes up 6% every year regardless.
@@douglasrobinson8491 I think so, too, but we're only paying $400/mo for a beautiful modern apartment. Inflation in Mexico is one thing, and when they find out you're from the States, they may take into consideration the exchange rate when it's time to renegotiate. Can't blame them too much for trying to get ahead on the exchange rate.
Hi again i plan to move in the fall near rock climbing and will go to your Patreon. Pretty sure I’m going to apply for temp residency. I have researched much already and have good Mexican friends but want to maximize all my efforts. ✌🏼🇮🇳
Though one can still receive their SS when residing in Mexico. The process of direct deposit envolved in getting the correct number's envolved to direct deposit is an issue. Banks in the U.S.A. all utilize what is referred to as a routing number consisting of some number's limited to the amount. I believe it's 9 or 10. Mexico's direct depositing process isn't referred to as a routing number and has more than 9 or 10 envolved. Thus making sure which is the hard part, one hires someone who can fill out the form absolutly correct. Meaning that if there is one error, one will not get any check direct deposited to any account until such time the error is corrected which can take months. One better have a considerable amount of funds available to tide them over until such error is eventually corrected. Been there, done that; I've got a dime in the quarter, so I know what I saying.
Yes you can, go to the U.S. consulate in Mexico, S.S. and even you retirement will send your payment to the Mexican bank, thousands of retired do, its not a crime, its YOUR MONEY
Hi. My wife and I really miss Z. We are arguing about the cancha municipal ball court. She wonders if the Gazebo is gone or I believe the camera angle and the new 🌴 palm trees are just away from the structure. A video of the changes we are aware your new place is just above in Madera.
I am going to be 60 this August 2024. First, I am going to try to get my dual citizenship. The I am getting rid of a lot of things and starting to learn to read in Spanish. I plan to retire at 62. I can not take it anymore. I will retire on little money but I want turn my phone off and start a new life alone. I love my own company.
Ready to Move to Mexico? Check out the COMPLETE Mexico Relocation Guide bit.ly/3SICdD0
Boost Your Spanish th-cam.com/video/Nzc1oRSAPQ0/w-d-xo.html
Qroo do you know if there’s a way to get financed for a car in mexico with only a U.S bank and proof of income from the states?
😊😊
@@hitters9714
Shame belongs on the US, that so many can't afford to retire in our own country. 🤨
I guess you have a valid point. But looking at it on from a different view point, Mexico loves and welcomes folks coming down and becoming part of the culture and economy. US dollars are a coveted commodity in a place where poverty is prevalent. And expats become defacto embassadors and show the world what a wonderful place Mexico is to retire and live the rest of their days.
It is awful in a lot of ways, but the US has always been a "pull yourself up by your own bootstraps" country. Independence is highly prized, and SS follows suit. You are supposed to be able to plan for your own financial well being and use SS only as a supplement. I never was much able myself, so I am looking for alternatives (such as less expensive living in MX).
I think Mexico is an excellent place to live and has an excellent society. There's pros and cons, but in Mexico you ARE more Free for certain. In Mexico, the cost of living is lower, so you can live better for less. In Mexico, people have family values and they are kind and respectful of others, too. Certainly, the Mex. gov. is doing an increasingly better job of making health care available - some plans one can join for free and others offer good services at very low prices, unlike the USA that shafts their people with greedy charges - this alone should encourage people to retire in Mex. - it is not perfect, but better in so many ways.
You have written "can't afford to retire" but things are moving in the direction "can't be left alive" for certain age groups.
64 year old nurse working full time… if everyone who’s old enough to retire leaves my employer they will probably go under…. People flat out don’t want to work
Two things I will say about the debit card are, the money loaded on the card is not in YOUR bank account so you’re not earning interest and if your card gets stolen, there goes your money.
I personally prefer Paul’s advice of haunt your funds in the US and then moving money to Mexico when the exchange rate is in your favor.
You also limit the downside of your ATM card being stolen.
Good to know SSDI can be collected in Mexico. This opens the door for disabled people who need expensive nursing care to get that care for MUCH less money in Mexico. This is a great thing.
Amen
Can I get t medicare outside the usa
@@seachers6124no:-(
Many people collect SSDI/social security retirement and have to leave the country. I just helped a friend who sustained a crippling injury in a work related job accident. His career is over. The Social security benefits would not even allow him to rent, and pay the bills in the US. With the SSDI benefits, he and his wife would have lived in poverty in the US for the rest of their lives. They brought a small house in a coastal town in Mexico. They are living more comfortable. Ironically, they can afford a nurse, and repair person with their benefits in Mexico. They are contributing to the Mexican economy and have found a new purpose in life. I think the US and other developed nations should encourage retirees to move to third world countries. It's a win win for everyone involved. The retirees live better, and the developing nations get stable incomes injected into their economy. This income will trickle down. Everyone wins.
No! We need to tax the rich in order to have universal healthcare & a good social safety net!
@@annonima3206 if you want universal healthcare talk to someone in Ireland…. My friend there needed hip surgery and they gave her an appointment for a consult… 2 years and 8 months away!😡so fortunately she was able to take out private medical insurance ( so they continue to tax her for the national healthcare AND she had to pay for private medical insurance… this is the reality of “ universal healthcare “ also when they got national healthcare the Drs and nurses were paid so poorly that a lot of them moved to other countries so now they have a critical shortage… and this is what you want for us…. Thanks a lot
Well said
@@annonima3206 the system is broken if you are disabled or old and where never able to save up for retirement you fall below the poverty line there is no safety net people have to go to developing countries to survive
@@annonima3206 system is rigged
It’s very simple: keep a US address and bank account and have your pension deposited in that account and withdraw your money with a debit card wherever you live, that’s it.
Mexico is an excellent place to live and has an excellent society. Buena Suerte, Cuidense
A lot of Mexican Americans retire in Mexico also. I have never heard of anyone not be able to get their Social Secirity benefits that they earned.
I’m on SSDI and legitimately cannot even afford a studio apartment + bills in a small town on my benefits alone. While the SSA says the benefits are supposed to “help” but not cover living expenses, the reality is, if I could work, or sustain work, I wouldn’t be on SS to begin with - so it’s a catch 22. 🤦♀️
Mexico is starting to look more and more like the better option - and perhaps a healthier, more sane option as well.
I worked for US Consulate in Guadalajara Jalisco in 2002. At that time, there where 52,000 expatriate Americans living in Chápala and Ajijic. I imagine there are even more living in Puerto Vallarta. The US Consulate in Guadalajara has a fully staffed social security department to assist with such issues. You might want to check if Puerto Vallarta US Consulate has such a department…or drive 3.5 hrs to Guadalajara 😊
Neri do you know if I can apply for SS benefits from the Guadalajara office?
Quick and to the point I like your style I been asking that Question about SSI for about a year and never got a straight answer thanks
Thank you for the amazingly simple and concise explanations - these topics can be confusing to many, so keeping it simple is a real benefit.
You're very welcome!
The Social Security Administration has an Office of International Operations. I worked there for 22 years, and yes, Paul’s info is excellent.
Thanks, Doug. Take care.
Doug can I apply for my SS benefits from Mexico or so I need to go back to the US?
@@homayamaniShahdoost If you’re near CDMX, GDL, or CJ, there are dedicated people to help at the American Consulate/Embassy.
You have the most informative and direct to the point videos on moving to Mexico that I have seen. Thank you for doing such a great job and congrats on the growth of your channel!
Thanl you so much!
I find your videos very informative. You don't need a puppet show!
Honest, straightforward information. Qroo Paul takes all the mystery and hassle out of moving to and living in Mexico.
Great video, we appreciate you. You don’t need puppet shows when you have excellent content, and you do. So thanks again for all the great info.
Thanks, Dawn.
Your videos are fantastic, huge help, thanks for doing this.
Thanks for watching. I'm happy to hear that you find them useful.
Chase Bank is in Mexico and America. You keep your own account and it's good in both countries. Plus they have credit cards in both countries. I called social security and yes you can keep your SSDI benefits in Mexico. But not SSI. Their maybe a 15 percent cut for larger than the minimum SSDI benefits. I only get $761 so not sure if I would get the 15 percent cut.
Medicare can be used in Larger hospitals that contract with them.
If you become a Mexican citizen, you can buy their $50 month medical plan. I studied up on many things on this to. Take your time and call your local social security office or the national hot line. They explain everything. Great stuff. Always explore your options every where!
❤ Great I'm getting SSDI and good to know I'm planning moving to Mexico next year so very soon😊
Very good video, AND very nivel to have you here .May GOD BLESS YOU .
Thank you, beloved brother for the great advice you offer!
You are so welcome. Thanks for watching.
Thanks for another informative video, Paul. The best TH-cam channel for people that want to move to Mexico. Short and sweet and straight to the point video.
Glad you liked it. :)
Thank you for this topic. It is something that I was getting ready to explore as I will be retiring soon and once I do, we will be moving to Mexico to retire.
Thank you! Love your informative direct approach lol but if you can learn to juggle 😎 🆒️ but totally would be icing on the 🎂
Haha
Yes you can, my brother is american citizen, living in Mexico. and get his social security, directly, into a mexican bank.
Thank you for your insights. I am interested in retiring in Mexico and your channel is great in giving information about how to do it the right way. Cheers from outside Boston.
Hi, Amaldo. Thanks for watching. Take care. :)
I agree with what you said 100%. Your information is correct.👍 Thanks for the recommendations.👌
You were born to be a TH-camr 👏🏼👏🏼👏🏼👏🏼
Thank you. :)
Yes, answered all my questions regarding my social security monthly retirement benefits . Thank - you. Very helpful.
Excellent info.
Thinking Saipan myself. Tropical, english and still in USA.
Yes! Even if you move to the Philippines.
Great info. Thank you.Just straight forward truthful info is great. Don't worry about juggling.👍
the mail DOES suck here: Which is to say I don't get things sent to me from usa.
I would keep your us bank account no matter where you decide to live over seas
Have direct deposit in a USA bank, that refunds ATM fees. Yesyou csn
I was married to an American citizen that’s past away I’m currently living in Mexico I’m Mexican citizen I did live with my husband in the USA during our marriage for more than 10 years
I love your videos Thank you so much! You said something about learning skills to make your videos more interesting instead of just standing in front of the camera. Well I think they are awesome but how about a walk and talk, maybe on the beach 🏖️ That would be awesome and beautiful! Thank you again for all your priceless information!! 💕
Awesome, thank you!
You can collect ssoc benefits while living in other countries whoever said you cant they are wrong. Its even posted on the SSOC site.
My parents live in Mexico and collect theirs just fine.!
Awesome content love it.
Qroo Paul!!! Living the good life down under. Thanks for the info. This will prepare me for my move to Zacatecas in about 4 to 5 years.
Arriba zacatecas.
Zacatecas is a dangerous place
That was pretty damn good, thanks for sharing your knowledge with us
Thanks for taking the time to watch the video and leave a positive comment. :)
Thank you sir.
Yes
Thank you.
If memory serves, you have been a law enforcement officer before moving to Mexico. That has provided you an advantage in carefully describing the nuances one might encounter in moving to Mexico. In other words, you are mindful of "Words have consequences:" and practice that! Thank you, again.
You're correct. I was a law enforcement officer for 25 years in Florida. Thanks for watching.
Very concise and always to the point and useful. This is a perfect presentation. Congrats. Love the Spanish culture and people.
Thank you so much, Olivia. :)
That is certainly good to know!
Thank you 4 the info. Hasta luego.
Hasta luego. :)
Thank you for the information. Have a wonderful day. Please continue to provide information about living in Mexico.
Thanks! You have a wonderful day too. :)
Wow great information!!!❤️👍 Thank you
Great information, thanks a lot for the video. I am planning to retire to Mexico, just don't know where yet. Looking forward to seeing all your videos. Keep up the great work.
Gracias Pablo. Informative as always, keep up the good work
Thanks for watching.
great vid ! Thanks
Straight to the point! I like that! Thank you!
Thanks for watching.
Great the presentation was so simple. Thanks.
I have lived in the Philippines for 10 years now and have my SS direct deposited into my Philippines bank Dollar Account.
I don't have to deal with transfer fees and because it's a dollar account I also wait untill the exchange rates are good to exchange for pesos.
We also have a SS office here at the US embassy in Manila.
You can't collect the ssi only within the US and you can leave the country only for 30 days to maintain your ssi eligibility
Great video. For Canadian citizens living in Mexico:
Receiving your OAS pension outside of Canada
You can qualify to receive Old Age Security pension payments while living outside of Canada if one if these reasons applies to you:
you lived in Canada for at least 20 years after turning 18
you lived and worked in a country that has a social security agreement with Canada. The time you lived or worked in that country and Canada must be at least 20 years
Thank you for sharing that info. Have a great day!
Old age security pension has nothing to do with CPP
Excellent video and straight to the point.
Thanks, Timothy. :)
Great insights thanks so much. Keep em coming.
Great information 👍
I still have time but I have so much to learn. Thank you sir for your videos!
You are very welcome!
Have you done any videos on important documents that expats may need in Mexico, like living wills, medical power of attorneys, etc ?
Thx very much !
Great info. Thank you!
My sister's scottish ex husband got his pension money from Scotland every month at the ATM here in America, so you can get social security anywhere in the world.
Hmmm, never thought of growing the value through using the fluctuating values of the currency of different countries. Wonder how lucrative that would be to do it in both directions based on fluctuations?
I've just gone to the channel. Yes, I'm subscribed. Y'all are champions!
My Mexican Landlord (Maneadero, Ensenada) is trying very hard to intimidate me into a rent hike that's contrary to my Lease. She's in California. Her more devious than smart brother is her agent here. I'm not living comfortably because these two will not keep the structures and systems up, it's a long-term nightmare that ends in March, fulfilling my Lease. Can you find out and tell me if I have recourse? Pretty please?
Interesting that you discuss SSI and SSDI but not the common benefit that most workers draw at retirement called Social Security. The two you discuss, as I understand them, are special programs for low income (SSI) and for people who no longer can work due to some disability (SSDI). That leaves the question, can one draw Their retirement Social Security benefits outside the US and if yes, are there any conditions?
Great vid the info was good enjoy the humor!
Having lived out of the us for close to 17 years in Asia South America Haiti and DR to name few my son and I are moving to Campeche Mexico this year and hopefully long term thank you much!!
You can collect ss , your retirement check anywheres in the world you choose to live , it's your money , they will sent it to your bank account Wich ever that is in the country you live
I would keep depositing SS benefits into USA banks Acc. and just have enough money in a MEX acc . to pay bills. It has happened before, foreign currencies can become worthless, like Argentina in early 2000's and Venezuela a few years ago.
Yes. You can collect SSDI in Mexico
Very good channel 👍
You are do a great job thanks
I've lived in Mexico for 27 years and have no ties to the US -- other than kids and grandkids in the. So, I have no US address that would allow me to have a US bank account. My SS is direct deposited to my Mexican bank account. I found when I received the first stimulous check via mail, that the check was un-cashable in Mexico.
You must have some ties to the US to be able to get a covid19 check. You must be filling your federal taxes so that is a tie to the US
@@DrAJ_LatinAmerica Tony -- I learned long ago not to assume things about other people's lives. I haven't filed an income tax return since I retired in 2010. I don't have to -- if you want to assume something about that. My tie to the US is my monthly SS deposit. PERIOD.
Oh shit,
@@elviejodelmar2795 puedo ser tu heredero?
@@elviejodelmar2795 awesome for you. Did not know that was possible. Sincere thanks
Wow 😲😳 México is maravilloso
I don't wanna part we're supposed to say I don't need a passport to go to Puerto Rico not Portugal My text voice system doesn't work very well Especially when I talk fast
I need the name and contact info of the great lady/attorney in Playa del Carmen you said could help foreigners get residency visas. Porfa, porfa, pooooorfaaaaa!!!!!!!! Gracias por tu excelente canal! y videos siempre informativos y utiles!!!!!!!!!!! Saludos cordiales, desde Panaba Yucatan!!!
Adriana Vela is not an attorney; rather, she is an immigration specialist. We've known her about 8 years and she does a great job. Here is her site: immigrationtomexico.mx/about-us/
Thank you your very informative
There are "Bank of America" banks in Mexico. So you can have your monthly checks deposited in the US and make withdraws in Mexico. Yes, this is legal.
Hi Paul, I have been unsuccessful so far looking for information about Mexican taxes on foreign (non US) social insurance or pension money, either in monthly installments or one time payments. I would be interested to learn something about that.
Always good videos paul. Thanks guvna
My pleasure!
Also I must mention that Citibank and banamex have been joined, so you can use the same account in either country.
Actually my wife and I opened a Citibanamex account in Mexico thinking it was going to be the same but it turns out they are two separate banks and are not linked in any way. When Citibank closed operations in Texas we just switched to a local Credit Union.
@@l.a.ramslvr3143 same like BBVA compass (USA) and BBVA bancomer in Mexico, same name different banks unfortunately
@@losbeaner2 not anymore BBVA Compass was purchased by PNC and now is not affiliated with BBVA Bancomer in Mexico.
Yeah, the dollar is weakening against the peso and our rent is about to go up 6%, which is the standard contract percentage increase for rentals. Which might be good for people to know: your rent goes up 6% every year regardless.
wait it does? That's crazy. 6% ?
@@douglasrobinson8491 I think so, too, but we're only paying $400/mo for a beautiful modern apartment. Inflation in Mexico is one thing, and when they find out you're from the States, they may take into consideration the exchange rate when it's time to renegotiate. Can't blame them too much for trying to get ahead on the exchange rate.
Great topic! Thanks! Who knew? I didn't but I do now.
Thanks for watching!
Hi again i plan to move in the fall near rock climbing and will go to your Patreon. Pretty sure I’m going to apply for temp residency. I have researched much already and have good Mexican friends but want to maximize all my efforts. ✌🏼🇮🇳
Sounds like a great plan! I've never tried rock climbing myself -- too afraid of heights. Have a great day!
Muchas gracias.
Though one can still receive their SS when residing in Mexico. The process of direct deposit envolved in getting the correct number's envolved to direct deposit is an issue. Banks in the U.S.A. all utilize what is referred to as a routing number consisting of some number's limited to the amount. I believe it's 9 or 10. Mexico's direct depositing process isn't referred to as a routing number and has more than 9 or 10 envolved.
Thus making sure which is the hard part, one hires someone who can fill out the form absolutly correct. Meaning that if there is one error, one will not get any check direct deposited to any account until such time the error is corrected which can take months. One better have a considerable amount of funds available to tide them over until such error is eventually corrected. Been there, done that; I've got a dime in the quarter, so I know what I saying.
Gracias, amigo mio.
Thank you!
Yes you can, go to the U.S. consulate in Mexico, S.S. and even you retirement will send your payment to the Mexican bank, thousands of retired do, its not a crime, its YOUR MONEY
Can ex-felons live in Mexico. Can you make a video on this. Thanks. P.S. I'm a subscriber.
Hi. My wife and I really miss Z. We are arguing about the cancha municipal ball court. She wonders if the Gazebo is gone or I believe the camera angle and the new 🌴 palm trees are just away from the structure. A video of the changes we are aware your new place is just above in Madera.
,great info thanks@
Thank you.
Can you now move to Thailand or Vietnam to leave and teach us things in those countries, you are awesome sir thank you god bless
Thank you! And I vote for puppets ;^D
I recently did a research on this and there are only a handful of countries that US can't send the $ to (e.g. Cuba).
I know you said that baja is the wild west but can you talk a little bit about moving there? I'm going to retire there next year.
Just go! It's not wild anymore. The 1 is paved to Cabo. Have fun.
I am going to be 60 this August 2024. First, I am going to try to get my dual citizenship. The I am getting rid of a lot of things and starting to learn to read in Spanish. I plan to retire at 62. I can not take it anymore. I will retire on little money but I want turn my phone off and start a new life alone. I love my own company.