Website Full of FREE information www.josearteaga.com 20+ Valuable Tips You Have to Know Before Moving to Mexico 🇲🇽 Ultimate Guide to Mexico - th-cam.com/video/OVJwLQGi8E8/w-d-xo.html Mexico Will Change You Forever 🇲🇽 - th-cam.com/video/Akp5vRcMtIE/w-d-xo.html EVERYONE is Moving to Mexico 🇲🇽 Except For You - th-cam.com/video/shqu1-KWUbo/w-d-xo.html
Hola Jose y Christian! Yeah, what's good, different and more realistic about it is that it's more of an "average persons" budget. Not the "If I sell my $1,500,000 dollar home and just rent out my vacation home on the beach then along with my $4000 dollar a month pension including another $3000 I'll get every month from SS it sounds like I could probably be able to live in Mexico. Of course I would have to keep working and downsize. I don't know if could handle the downsizing along with selling the BMW, Mercedes and of course the yacht but I might be able to do it"
I have been living in Morelia for the past 3 months. I pay 9500 pesos or a lovely 2 bedrooms, 1 bath. My apartment is very big, and only about 2 years old. The kitchen is humongous. The rent includes light, maintenance, water, the only thing I pay for is gas. That's every 3 months. My stove is a six burner. It was unfurnished, I furnished it myself. If it was furnished, I would pay even less. I am vegan, my fruits and vegetables cost me $15 a week. And I cook very well. I love food. I make delicious food. I go to the supermarket just to purchase rice, pasta, flour, and spices etc life is beautiful here in Mexico. I will NEVER go back to the States. I don't even want to go for a visit. I am an older woman. Even if the dollar becomes 1 to 1. I can afford to live here. I spend very little, and save a lot. Thanks, Jose.
Wow! My rent is double your monthly budget in Southern California. You have already changed my life with these videos and I haven’t even made the move yet! I’m on my way, Jose!
Great content bro. My plans are to move and live in Mexico in the future. I do have dual citizenship so it does make it easier. The monthly expense breakdown helps out tremendously and gives a realistic perspective to potential individuals that are considering moving to Mexico. Gracias!!
Thank you Jose ! This cost of living discussion is extremely useful ! For me, I do my conversion rate at 15MXN to 1 USD. Sounds ridiculous but that’s the tipping point for my individual calculations. If it’s better in favour of the USD, I can save the difference. If it gets worse maybe I should think of going further south.
That is a great rule of thumb! I do something very similar which is why I am not as affected as others are by the constantly fluctuating exchange rate. Glad it was helpful! Thank you for sharing with us!
Hello Jose, Aaron here great breakdown of your expenses. As of the end of June my expenses are rent 195.00 a month. That includes electricity, internet, water, gas etc all of that is included in my rent. My monthly food bill is usually from 225 to 250 a month. If I go out to eat my monthly bill is 125 to 150. transport is 35 to 42 dollars a month. Buying drinking water 15 to 20 dollars a month. Total monthly expenses=$660 a month are my core expenses and I added up the high end not the low end at 18 to 1 which is where the Mexican peso was at the end of June!! Your Friend, Aaron..
Excellent content! I've done a lot of research, and I'm happy my budget matches your numbers. I added cushion on each and still came out around $1500. Arriving in Merida in August and getting very excited!
Hola Jose y Christian! It's a good point that you're showing the different exchange rates of 20 to 1 along with 16 to 1. It shows that for the many people who are saying that living in Mexico is now is too expensive, in reality it's really only a couple hundred dollars more than it was a few years ago with the then favorable exchange rate. Sure it costs a little bit more but for most people, if they budget correctly, a couple hundred dollars more per month shouldn't break their bank account. It's still very much more affordable compared to living in the US along with the many other numerous good things about living here that make it so great. Keep Christian out of the rain, you don't want your sugar to melt! Mucha suerte desde la hermosa Ensenada!
You make a very good point. I know people will argue certain things like restaurants are more expensive and the cost of certain "luxuries" have gone up but to me it doesn't really affect me I can just cut back or live without certain things. At the end of the day if you are just looking to cover the basics you know you can do it on a certain budget, everything else is extra. Thank you so much for the kind words and thank you so much for sharing!
Agreed. For the folks who moved to MX on a whim during the pandemic and now are moving back because it got "too expensive"... hey, to each their own. That said, I cannot help but wonder if they went for luxury options, ran the A/C unchecked, did not save money, and lived where they have to Uber/taxi everywhere.
I know people will complain about Mexico “becoming expensive,” but it is not in vast portion of the country compared to cities in the US. One should be happy to see that Mexico is improving economically.
I Agree with you 1000000% Any Foreigner complaining that Mexico is "Too Expensive" Should just go back to their home countries or anywhere else for that matter. As the Peso gets stronger and Mexico continues to grow into an economic powerhouse it will continue to get expensive in dollars. Thank you so much for sharing with us! Viva Mexico!
Great video and now Subscribed...Canadian here, looking forward to living this dream one day in the near future. Thanks for the detailed breakdown and realistic expectations.
I am a retired, single guy living in a small beach town in southern Mexico. I live in a studio apartment that is about a 10 minute walk to the beach. The apartment is modest, but clean and comfortable with a nice outdoor patio and also has access to a pool. For the exact expenses Jose broke down in his video, I pay around $13,500 pesos a month to live here, which at today's exchange rate at about 1 USD = 18 PESOS, means I pay around $750 USD a month. This does not cover personal vices (habits), hobbies, medical expenses and any out of the ordinary expenses. It does cover how much I spend going out a couple times a week to enjoy a modest meal and some beers at places that cater to local Mexicans, not popular tourist places that are much more expensive. It also covers the operating cost of a moto scooter, which I use to get around, as I do not own a car.
Great video, Jose! Saw you share them on the expat pages on FB. Definitely rewatching with my husband. And thanks for the beautiful Guadalajara footage 😍 my mom was born there so that’s our goal place rn. Looking forward to the next one 🤘🏽
Great video! Another grand slam and you hit it out of the park again. I remember that other place from your videos. Thanks for being transparency and informative guide. Your years of experience is so valuable. I’m telling my friends about your channel. Thanks for what you do. In Guadalajara again. Good location great narrative
I would love a breakdown of the food category. ie. groceries, taco stands, restaurants - all have different costs and some people can have some or all of their food in any one of these categories. Thanks
Great video and as we all witnessed, people at the park are enjoying life and we saw all ages. Any body who has done a decent job in life should increase it in Mexico by not worrying about fixed expenses. Buy a house and enjoy life. Mexico is blessed with seasonal fruits year around. Where else can you find that? People aren’t hostile to well meaning individuals from anywhere. No G7 nation has the low cost of living and freedom Mexico has.
Great video Jose, I live in Coatepec Veracruz 6 months of the year because I don't make the monthly cost of living to get residency. I'm thinken people that can meet the minimum $ required can live a king in Mexico....
Guess what!? You are in Luck! You Qualify to get a 4 year Temporary residency through the RNE program! You can find out more by watching this video th-cam.com/video/XH9lxrAehSU/w-d-xo.html
Hello from Peru. Great Video. Here cost of living is about $400 per person if living in provinces and $600 if living in a place as Magdalena del Mar in Lima. A lot of ❤ from Peru to beautiful mexican people.
Yes it is! I still much more footage from the park and we didn't even get to see the whole thing it was so huge! We even went horseback riding here is a video of me and Christian riding the horses! th-cam.com/video/NypARMWtzMc/w-d-xo.html
Thanks for another great video! Our expenditures per month: For TWO people, in MXN PESOS per month in Oaxaca City: Internet 449. CFE (electric): 300.00 Water (drinking): 600.00 City water: 200.00 Propane 400.00 Transport (own car) gas and maintenance: 2,500.00 No rent (own our house) Property tax and Insurance on house: 1,800.00 Food: varies... Eating in (cooking at home) and eating out (not too expensive restaurants) 8,000 to 10,000. Medical and dental: varies (yearly average per month): 6,000. Includes IMSS but pay out of pocket for alternative care and dental. Total: 21,949.00 mxn per month In USD: 1,132.34 per month for two people. (today's exchange rate.of 18.06 mxn to 1.00 USD)
Yup we did a lot more than that to make it very nice for us to live in. That tour was done months before we moved in initially and there was still work to be done before moving. I was just trying to give you an example of what you can get for that price. Thanks for the kind words!
Many people love to learn language, both english or spanish. Helping the community live better with healthier understanding of culture and launguage...bendiciones...m
buenos dias Jose the only real problem I am having here is the electric bill this month it was $5202. I am moving at the beggining of August..cause of this issue..!
Wow sorry to hear that! I am actually cutting my bills lower each and every time even though I feel I am using more power these days. I think its because i recently learned to keep the breakers off on the A/C units when not in use and I only flip them on when I am going to use the A/C's and my goodness has it helped! I was expecting a 5,000+ bill like you this last time around and guess what? It only came in as 1,200... before that it was 800, and 550 before that.... i highly recommend everyone give that tip a shot it has worked wonders for me and my pocket!
As a guy getting by on social security alone, I want to thank you for sharing this information. It gives me hope and inspiration. What's the best way to find furnished apartments?
Thank you! Glad it was helpful! For more information on how to find affordable rentals you can check out this video th-cam.com/video/hSaGVFFIruE/w-d-xo.html
Great video. Always enjoy watching your videos. Yes "depends". A Friend in Monterrey pays $59,000 pesos a month for rent. A friend in Puebla pays $34,000 a month in rent. Another friend in Hermosillo only $22,000 pesos a month in rent, but it is not a gated community. All my friends in San Miguel de Allende own their homes, all in $1+ million dollar homes. Other friends in locations in Chapis pay zero for rent in abandoned homes from the cartel violence. So the sky is the limit. Zero to $$$. My electric bill in Monterrey home is $7,000 peso to CFE but have a lot of air conditioners / heaters. Here is same in the USA. Friends in Detroit that live in the rundown araes pay very little in rent, friends in nice places in New York City, pay $15,000 usd a month rent.
Muchas Gracias for your kind words! You hit the nail on the head when it comes to rent. I have talked about it multiple times here on the channel comparing both countries and you are right, you can live for almost nothing or you can spend thousands of dollars on rent, all depends on what the individual is looking for. Thanks for sharing!
🌴🌳🌲 My neighborhood!! 🌴🌳🌲 Awesome content as usual. 🥳 I have wanted to know how much I am spending, so I itemized my expenses. These are my monthly costs in US dollars in Guadalajara. * Electric $4.60 (We don't have or use Heat and Air.) * Gas $5.50 (We have solar panels for hot water.) * Drinking Water $8.28 * Water $8.00 * Food and Misc. $250 (I cook at home and rarely eat out.) * Transportation $0 (I walk. When I first arrived Uber cost me $250 a month.) * Dog food and flea/tick meds: $60 * Daily Dog Walks $2.56 a day/$76.80 a month. I can and do walk my dog daily. However, she was very stressed out after moving to MX. We lived in the country and now we live in a huge city. The vet said she needed friends and a pack. She is all better now!! * Rent $1,000 (It can be much less!! Yet my rent is very affordable for my location.) ***Monthly total for me and my dog: $1,413. On a side note, my dog had a medical emergency. 2 days in the pet hospital, 4 x-rays, 2 ultrasounds, blood and stool tests, medications, and follow up exams: $136 USD. Whew... so much more affordable!!
Wow thank you so much for sharing with us! Even with a higher rent than most you can still keep it under $1,500 very impressive! Happy to hear your little cutie is also doing much better! Thanks again for the extra insight!
Jose I subscribed your chanel every sesion I love the park that you show on this one what city is it...and what the name of the park I am already retire few years ago now I am doing my research of where I really like to live I amgoing to Colombia and met some one that will introduce me and show me life in Colombia after I come back I will try to get in touch to you... I love that park I can see myself walk enjoy relax myself in that park....thanks for a good show and the cost breakdown...
Let people be warned that many/most of the areas that many immigrants from "more developed countries" want to move to it is difficult to find rents for $6000 pesos a month. And, at that a 2 bedroom? Yards? Yards are extremely uncommon in most urban areas.
I live right by El Centro in a very quiet and safe neighborhood. There are plenty of affordable places to live in Mexico as long as you are willing to live in a typical Mexican neighborhood. But if you want to live just like you lived in the USA or Canada then it will come at a cost.
@@JoseArteagaTravels Yes, a big cost. I have a one bedroom house in Santiago that if it wasn't for sale would rent for 43,000 pesos per month with current exchainge rate. A neighbor currently rents his 1.5 bedroom house, in Santiago for the same. I would rent my house I live in for 54,000 pesos per month if we decided to leave for a couple of years and it would not be a problem to rent it. We would also require a 20K US deposit. Expensive for many but not an issue for most of the foreigners I know here in Merida.
I just found your channel, and this gives me hope that maybe I can retire on a very meager budget (I don't have a big nest egg) in Mexico. Based on the financial requirements required for residency, I won't be able to attain that, but at least I can use the 6 months allowed as a tourist, until they say I can't.
That is awesome! Welcome aboard! So happy to hear i can be so much help! If you are a looking for a solution to getting your Mexican Residency without having to provide any financial solvency please check out this video th-cam.com/video/XH9lxrAehSU/w-d-xo.html
These are actually some pretty good numbers..I have a mortgage, but this is a reasonable number..I pay less for water, pay more for propane and less on groceries. Car insurance is usually $350-500 per year. Gasoline is fairly expensive in Mexico, problem cheaper than @60-70% of states in the US. Internet in Mexico is better and cheaper and cell service is the same and slightly cheaper. Air travel in Mexico is way cheaper than the United States.. can fly from Tijuana to Mexico City, Monterrey, Guadalajara for less than @145 bucks round trip. New aircraft and equivalent or better service..beer and food in Mexican airports.are still an expensive rip off but a dollar or 3 cheaper than in United States!!
about same prices as here in 14 million megacity of bangkok except water and full 5g internet (wifi are free in condobuilding) and electricity that are much cheaper. but we have higher standard better infrastructure better food and better safety here. I spend about 1400$ a month and have a 40 sqm 1 bedroom condo with gym and pool for 290 $+ 40$ for electric and water and can take a walk and shop and eat safe 24/7.
Man this is crazy, my mortgage is $2600 and debating to rent home to lower my rent to $1800 or lower. In addition, I am looking for a home for my mom and sister and niece, after the unfortunate passing of my dad, were they lived almost rent free except their utilities cost around $375-400 for them right now. We just saw a little town home for $2400.00. I want to move to Mexico, unfortunately my company operates hybrid and we are required to live in the US and in certain states. I would live like a king with my salary in Mexico.
Thank you Jose! Iv been asking some of these questions on Facebook, however people are reluctant to share. So if for two of you rent in a two bedroom and for me it will be 4 people, id like a 3-4 bedroom. I'm assuming it will be double? Possibly a bit more if I want a pool? Do you have any references on people that can help find apartments that they can show us while still in the usa to give us an idea of what we want?
It all depends on what you are looking for I know Mexican families of 4 or more paying less in rent than me. I do not know or work with any rental agents, my best advice is to check out this video th-cam.com/video/hSaGVFFIruE/w-d-xo.html and also ask around in the various Local Facebook Groups
I'm boring. I don't drink, smoke or do drugs. My only vices are good food and internet. I can really see myself living in Guadalajara. I would love to live walking distance to food and beautiful parks. I've been looking at cheap houses and condos to purchase in Guadalajara, but there's not much out there. Should I get my Mexican citizenship first before I buy a home in Mexico? 🤔🤔🤔
Awesome! You can check out this video for more information on rentals th-cam.com/video/hSaGVFFIruE/w-d-xo.html Also there is no need to become a citizen just to purchase a house. All depends on how easy it is for you to get your citizenship and where you want to buy the house.
Thank you for the kind words! If you are looking for a 1 on 1 personalized consultation you can find out all the information here on my website www.josearteaga.com/youtube-consultations I don't do real estate tours or anything like that. I only do video call consultations. If you are looking for an agent to help you find a place to live you can ask around in the local expat facebook groups for more information.
The house and the park were in 2 different cities on opposite ends of the country. For more information on how to find affordable rentals you can check out this video th-cam.com/video/hSaGVFFIruE/w-d-xo.html
Lon one of your videos you mentioned the we can form a 2 person corporation to buy a property without a Bank Trust, could that be a U S Corp or a Mx Corp
I just found your channel, so maybe you've already covered this. For safety concerns, are there places of Mexico that should be avoided? Like Canada has a travel advisory to avoid a dozen or so areas of Mexico because of high violence and organized crime. And I heard "police" stopping buses at night and demanding cash from the foreigners.
Yes of course just like anywhere else there are places to avoid. My recommendation is to join Facebook groups such as "on the road in mexico" that are dedicated to talking about what areas to avoid and other tips and tricks
I would call that bare bones cost of living. Meaning not going out, never leaving your house, not traveling. I would like to see a more realistic cost of living. I don't think most people plan on just existing in their retirement.
I go out with my wife, we see doctors when needed, we travel as you can clearly see in this video we are in another city on the other side of Mexico, we have other expenses which are not on the list which is what makes up the complete $1,500 a month. Again every month is different and this is just meant to be a rough guide for people to get a better idea of what actual cost of living could be.
You're always doing a good job for giving us very good informations about Mexico. But, the majority of your subject is about coming in Mexico for having a good life, how to get a visa or how much cost of living is in Mexico. But you give very little information on how to earn money to live in Mexico for example: how to start a business in Mexico, what are the administrative procedures to do. Because not everyone can work remotely, not everyone wants to be a digital nomad, not everyone is retired.
Glad you mentioned that! I actually have made videos on that subject. The reality is that they are not as popular as those other subjects you mentioned so they get lost in the algorithm. Here is the last video I did on starting a small business in Mexico th-cam.com/video/7wkNDaZQDnI/w-d-xo.html
Great vid, Jose. My costs are pretty similar to yours, but I will never complain of the negative impact rising costs have on my budget, though I do recognize it, and will talk about it. A stronger peso means a stronger Mexican economy. Higher prices of most goods and some services is the result of a minimum wage rise that has pulled a great many out of poverty/lower class into middle class for Mexico. I will never complain about anything that’s good for Mexico. Instead, I will just adjust my expectations accordingly, or move to another, cheaper place. The bone I DO have to pick is with the greedy who charge outrageous prices to the uneducated Gringos. This is where people can find Mexico to be cost-prohibitive, rent being the biggest factor. And thanks for saying pretty much “it all depends.” I live in Zona Romantica, Puerto Vallarta, (the most expensive tourist area) where average rent for a place like mine is at least 15-20 pesos per month. I pay 7500 (because it was originally rented by a local to a local friend of mine and I got the same price). Otherwise I would be living elsewhere I wouldn’t like as much for the same price. Those words “it all depends,” as well as expectations and self-education, are KEY.
Muchas Gracias for your kind words and for sharing with us your own experience. I totally agree with you that in certain areas locals will abuse the situation and raise the prices on everything thus affecting everyone in the area. What bothers me the most are how some Mexicans can't 2 and 2 together and realize that increase in price is coming from the greed of other Mexicans. No one willingly wants to pay more so I find it laughable when they try to blame the increases in prices a.k.a the gentrification solely on Foreigners without realize the true root cause of it. I actually go more in depth on that topic in this video th-cam.com/video/QuCVQUap68k/w-d-xo.html Thanks again for sharing with us!
Stronger peso only make rich Mexican more wealthy. Salary is almost the same as 3 years ago but products no. Ask people who earn 10000 pesos how strong peso helps them .
@@mex5341Mexico minimum wage in 2021: 141.70, Mexico minimum wage in 2024: 248.93. This is a rise of 56 percent. Of course prices of goods and services will increase, and the wealthy will benefit, but they have not increased by that same 56 percent during the same time.
@@JoseArteagaTravels I’ve said the same on my PV group “you can’t have buyers without sellers, and you can’t have renters without landlords. The sellers and landlords are mostly local.” The same goes for border smuggling - drugs, guns, people, that usually elicits HOWLING angry blame, one side to the other, when it is actually both that are to blame.
@@mex5341 Mexican minimum wage in 2021 was 141.70 pesos. Mexican minimum wage in 2024 is 248.93. That’s a 56% increase over those 3 years. The price of common goods and services for average minimum wage Mexicans have risen, but not by that much…., unless you have a statistic I haven’t seen (I haven’t been able to find one). In my own experience living in Mexico for 6-7 years, I’ve seen a rise in cost for many things, but none that equal or exceed 56% that I’ve noticed (but of course there could be some that I haven’t noticed).
Can anyone familiar with Guadalajara have any tips ? I plan to stay 30 days and enroll in the IMac Spanish school . I was thinking Colonia Americana neighborhood as it’s close to the school from my understanding. I am male 44 from California . Also is meeting people difficult? Here in California it seems everyone has their head up their butts
Yes people there are very friendly and you will be fine as long as you use common sense and practice situational awareness. I suggest getting yourself an Airbnb close by and you should be able to walk everywhere or take short Uber rides. For more information You can watch my videos. Good luck with everything!
All countries need new people (external) for investment money and new babies (internal) for sales growth. This is why places like China and India governments make so much money, growth regardless of individual poverty.
The reason is because things are really bad in the USA these days for many Americans and I am just showing them that they can have a better life outside of the USA if they choose to go after it. Same reason many immigrants move into the USA. People are just looking for a better life and everyone has a different definition of what that means to them. I am just sharing my own experiences of living in the USA and now living in Mexico and I much prefer to live out here in Mexico where there is much more freedom and a higher quality of life. So for those seeking a solution, I offer it to them in my videos. I just want to help out those people that are in a similar situation I was when I had to leave the USA. I do so by providing information about my experiences out here in Mexico. Many people also watch my videos and realize that Mexico is NOT for them. I'm just trying to help out those seeking help.
@JoseArteagaTravels I understand but most of the Americans Here that I know want come to mexico with me because they are afraid of the cartel and crime rate I myself love mexico but for another of ppl they want even look at mexico on a map much less anything else
@@chosenwarfare3811 Right, those Americans don't understand "cartels" and government are partners in many things. Many times one in the same (just like similar issues in all countries). And that both are excellent employers. Pay, benefits and perks
That is an added expense. I do not have insurance therefore it is not in my budget. You can simply add the cost of medical insurance to your final budget to get a more accurate reading for yourself
My wife would just die if we paid $30 a month for phones. In her mind $8,000 to $10,000 for rent is just crazy. We can afford it but she won’t have it.
Even if Mexico is getting costly stop just stop it's still cheaper than the United States. Just think about the people living a house away from you who do not have AC and don't always have what they need as REAL daily needs and you are sitting in your AC house or condo eating 3 times a day and the people living next to you eat there breakfast and lunch and are still not sure how they have diner and keep in mind they do not have the AC or 8 pillows on the bed with TVs in every room just stop
@@JoseArteagaTravels We have been looking a lot into Mexico as Mid 30’s parents with younger kids. Planning to take a trip out to Yucatán in the next few months. I work in an office dealing with construction. She works in local government. Decent investments paying dividends about 1000 US a month. Any chance we could make it out there?
Folks, don't believe any of this, it's way off! I have lived in Mexico in different locations for over two years now, and it's nothing like this. Rent, sure, you can rent a dump in Merida for $300, BUT, even though it's a dump, you will have to pay a deposit, first, and last months rent, plus, an attorney’s paperwork fees, all four are equal to the rent. So, on a $500 per month apartment, (if you can find one) it will be 1st, $500, 2nd, $500, deposit, $500, fees, $500, total.... $2,000 before you even move in! I don't know about you, but I didn't move to Mexico to LOWER my standard of living, so count on spending at least $1,000. BTW...... You will most likely not get your deposit back, and you certainly won't get the fees back. This is in the Yucatan, it will be different depending on the state, in Queretaro anything decent is from 15,000 to over 20,000 Pesos, depending on the place, the real trick is not affording the rent, it's paying it. Every landlord, or agent I spoke with wanted the entire rent up front, including deposit. if it was a six month contract, six months up front, twelve, it was twelve. Even if I had a contract, if the landlord didn't honor it, there'd be nothing I could do, courts take forever here, so they typically win. Short term boots on the ground, say a month, will reveal what's going on in your target area. Good luck!
Sounds like you had a horrible time out here in Mexico and dealing with landlords. I have never once heard of anyone demanding the full 6 months or 12 month lease up front, sounds to me like you should have found someone else to rent from. Either way your experience is a very rare one. I will concede that YES you do need several deposits to move in to certain homes in certain areas in fact i talk about it more in depth in this video th-cam.com/video/8lC65oxgYfI/w-d-xo.html But long story short as you said, if you do not want to lower your living standards then Mexico then you will be paying higher prices. Simple as that. Sorry to hear you didn't have any luck out here in Mexico, I'm sure it was just some bad luck and had nothing to do with you whatsoever. Either way, Thank you so much for sharing with us!
@@JoseArteagaTravels No, not bad luck, and NOT rare, non Mexicans are treated like dirt in most cases. Like Queretaro, even with a Temporal, which I have, they still thought I'd bolt and bail on the rent. Trust me, the requirements are real, I looked for a month and a half before giving up and moving on. When I first came to Mexico I spent two months in Merida, looking in multiple areas, and it was always the same BS with the fees and deposits. I've lived in several states here, and each one has their own special hoops to jump through. In Oaxaca almost everyone uses the same contract, and it's horribly slanted to favor the landlord, with zero protections for the tenet. Your viewers should understand why they'll most likely not get their deposit back. It's used to pay the real estate agent's commission, and a lot of landlords don't set aside money to return the deposit, so they find excuses not to pay. I have found good places to rent in Jalisco, and Oaxaca, but it took work to find the right places/people, and today, those people are still my friends. Life in Mexico can be good, but it's a larger challenge than people are led to believe.
@@terrycavenderYou are exactly right. Much of what he says is very misleading. He’s married to a Mexican, he’s used to living cheap because he’s been broke for years, and he’s accustomed to living in those raggedy houses in Merida. I live in Merida and most people who move there from the states will NOT want to live where he lives. It’s loud, it floods, and it looks dirty by where he lives. Most people will want to live in Norte where you WILL NOT find a house for $600 a month. Those are the “hood houses” and no one is moving all the way to Mexico to live in South Merida. He needs to be honest with the viewers…it IS expensive in Merida if someone wants to live about the poverty line and it’s not worth it. That’s why many people are leaving and NOT just Americans and Canadians! Mexicans too!
Great Question! Every country around the world is totally different. Here in Mexico they follow the same protocol they do all over Asia. When people here are sick they wear a mask out of respect just to simply not get anyone else sick. This was going on even before the pandemic. So if you see someone with a mask on just assume they are sick. Very rarely will anyone wear it without being sick. Also no one really cares out here if you wear one or don't wear one. People mind their own business out here in Mexico which is one of the reasons I love living out here so much!
Website Full of FREE information www.josearteaga.com
20+ Valuable Tips You Have to Know Before Moving to Mexico 🇲🇽 Ultimate Guide to Mexico - th-cam.com/video/OVJwLQGi8E8/w-d-xo.html
Mexico Will Change You Forever 🇲🇽 - th-cam.com/video/Akp5vRcMtIE/w-d-xo.html
EVERYONE is Moving to Mexico 🇲🇽 Except For You - th-cam.com/video/shqu1-KWUbo/w-d-xo.html
Thank you for this Pricing Breakdown!! The attention to detail in this is levels above other videos I've seen out there. Viva La Mexico! 💚🤍❤
Awesome! So happy to hear that! Glad it was helpful!
Hola Jose y Christian! Yeah, what's good, different and more realistic about it is that it's more of an "average persons" budget. Not the "If I sell my $1,500,000 dollar home and just rent out my vacation home on the beach then along with my $4000 dollar a month pension including another $3000 I'll get every month from SS it sounds like I could probably be able to live in Mexico. Of course I would have to keep working and downsize. I don't know if could handle the downsizing along with selling the BMW, Mercedes and of course the yacht but I might be able to do it"
It’s Viva Mexico ! 🇲🇽
@ Gracias Amigo
I have been living in Morelia for the past 3 months. I pay 9500 pesos or a lovely 2 bedrooms, 1 bath. My apartment is very big, and only about 2 years old. The kitchen is humongous. The rent includes light, maintenance, water, the only thing I pay for is gas. That's every 3 months. My stove is a six burner. It was unfurnished, I furnished it myself. If it was furnished, I would pay even less. I am vegan, my fruits and vegetables cost me $15 a week. And I cook very well. I love food. I make delicious food. I go to the supermarket just to purchase rice, pasta, flour, and spices etc life is beautiful here in Mexico. I will NEVER go back to the States. I don't even want to go for a visit.
I am an older woman. Even if the dollar becomes 1 to 1. I can afford to live here. I spend very little, and save a lot. Thanks, Jose.
Wow that is wonderful! Muchas Gracias in sharing all that with us! Viva Mexico!
This channel is the TRUTH bruh. Even tho I'm not in Mexico anymore I still check in for the info and to show support PEACE!!!!1
Awesome! Thank you for the kind words and the love and support!
Wow! My rent is double your monthly budget in Southern California.
You have already changed my life with these videos and I haven’t even made the move yet! I’m on my way, Jose!
Wow! That is a lot for rent! So happy to hear my videos have been so helpful! Thanks for sharing with us!
Great content bro. My plans are to move and live in Mexico in the future. I do have dual citizenship so it does make it easier. The monthly expense breakdown helps out tremendously and gives a realistic perspective to potential individuals that are considering moving to Mexico. Gracias!!
Thank you so much for the kind words! Happy to hear that the video can be so helpful!
Thank you Jose ! This cost of living discussion is extremely useful ! For me, I do my conversion rate at 15MXN to 1 USD. Sounds ridiculous but that’s the tipping point for my individual calculations. If it’s better in favour of the USD, I can save the difference. If it gets worse maybe I should think of going further south.
That is a great rule of thumb! I do something very similar which is why I am not as affected as others are by the constantly fluctuating exchange rate. Glad it was helpful! Thank you for sharing with us!
Hello Jose, Aaron here great breakdown of your expenses. As of the end of June my expenses are rent 195.00 a month. That includes electricity, internet, water, gas etc all of that is included in my rent. My monthly food bill is usually from 225 to 250 a month. If I go out to eat my monthly bill is 125 to 150. transport is 35 to 42 dollars a month. Buying drinking water 15 to 20 dollars a month. Total monthly expenses=$660 a month are my core expenses and I added up the high end not the low end at 18 to 1 which is where the Mexican peso was at the end of June!!
Your Friend,
Aaron..
Muchas Gracias for sharing with us!
@@JoseArteagaTravels Your Welcome!!!
What part of Mexico?
@@Re3iRtH I live in Queretaro, Mexico,
Excellent content! I've done a lot of research, and I'm happy my budget matches your numbers. I added cushion on each and still came out around $1500. Arriving in Merida in August and getting very excited!
Fantastic! That is great news! Good luck and congratulations! Thank you for sharing!
I'm going to have to rewatch the video. I was missing information because I was admiring that gorgeous park.
Awesome! So glad to hear that! Just trying to give you guys as much useful information as possible while keeping you entertained!
I love your video content, & enjoy the views ahead the way you record. Thank you, I am over 55 trying to make to Merida to retire.
Thank you so much! Glad to hear that! I hope my videos can make your journey as easy as possible!
Hola Jose y Christian! It's a good point that you're showing the different exchange rates of 20 to 1 along with 16 to 1. It shows that for the many people who are saying that living in Mexico is now is too expensive, in reality it's really only a couple hundred dollars more than it was a few years ago with the then favorable exchange rate. Sure it costs a little bit more but for most people, if they budget correctly, a couple hundred dollars more per month shouldn't break their bank account. It's still very much more affordable compared to living in the US along with the many other numerous good things about living here that make it so great. Keep Christian out of the rain, you don't want your sugar to melt! Mucha suerte desde la hermosa Ensenada!
You make a very good point. I know people will argue certain things like restaurants are more expensive and the cost of certain "luxuries" have gone up but to me it doesn't really affect me I can just cut back or live without certain things. At the end of the day if you are just looking to cover the basics you know you can do it on a certain budget, everything else is extra. Thank you so much for the kind words and thank you so much for sharing!
Agreed. For the folks who moved to MX on a whim during the pandemic and now are moving back because it got "too expensive"... hey, to each their own.
That said, I cannot help but wonder if they went for luxury options, ran the A/C unchecked, did not save money, and lived where they have to Uber/taxi everywhere.
I know people will complain about Mexico “becoming expensive,” but it is not in vast portion of the country compared to cities in the US. One should be happy to see that Mexico is improving economically.
I Agree with you 1000000% Any Foreigner complaining that Mexico is "Too Expensive" Should just go back to their home countries or anywhere else for that matter. As the Peso gets stronger and Mexico continues to grow into an economic powerhouse it will continue to get expensive in dollars. Thank you so much for sharing with us! Viva Mexico!
Great video and now Subscribed...Canadian here, looking forward to living this dream one day in the near future. Thanks for the detailed breakdown and realistic expectations.
Welcome aboard! Glad to hear the video was so helpful!
I am a retired, single guy living in a small beach town in southern Mexico.
I live in a studio apartment that is about a 10 minute walk to the beach. The apartment is modest, but clean and comfortable with a nice outdoor patio and also has access to a pool.
For the exact expenses Jose broke down in his video, I pay around $13,500 pesos a month to live here, which at today's exchange rate at about 1 USD = 18 PESOS, means I pay around $750 USD a month.
This does not cover personal vices (habits), hobbies, medical expenses and any out of the ordinary expenses.
It does cover how much I spend going out a couple times a week to enjoy a modest meal and some beers at places that cater to local Mexicans, not popular tourist places that are much more expensive. It also covers the operating cost of a moto scooter, which I use to get around, as I do not own a car.
That is awesome! Thank you so much for sharing with us!
Great video, Jose! Saw you share them on the expat pages on FB. Definitely rewatching with my husband. And thanks for the beautiful Guadalajara footage 😍 my mom was born there so that’s our goal place rn. Looking forward to the next one 🤘🏽
That is awesome! Glad you guys enjoyed the video so much!
Guadalajara walk video again ! Thanks for being transparent. You always are
Muchas gracias!
Great video! Another grand slam and you hit it out of the park again. I remember that other place from your videos. Thanks for being transparency and informative guide. Your years of experience is so valuable. I’m telling my friends about your channel. Thanks for what you do. In Guadalajara again. Good location great narrative
Muchas Gracias for the kind words! Glad you enjoyed it and that it was so helpful!
I would love a breakdown of the food category. ie. groceries, taco stands, restaurants - all have different costs and some people can have some or all of their food in any one of these categories. Thanks
Sounds great! Thank you for sharing!
Great video and as we all witnessed, people at the park are enjoying life and we saw all ages. Any body who has done a decent job in life should increase it in Mexico by not worrying about fixed expenses. Buy a house and enjoy life. Mexico is blessed with seasonal fruits year around. Where else can you find that? People aren’t hostile to well meaning individuals from anywhere. No G7 nation has the low cost of living and freedom Mexico has.
Absolutely! Well said! Viva Mexico!
Great video Jose, I live in Coatepec Veracruz 6 months of the year because I don't make the monthly cost of living to get residency. I'm thinken people that can meet the minimum $ required can live a king in Mexico....
Guess what!? You are in Luck! You Qualify to get a 4 year Temporary residency through the RNE program! You can find out more by watching this video th-cam.com/video/XH9lxrAehSU/w-d-xo.html
@@JoseArteagaTravels Thanks, I have watched that. Because of a knee replacement I started my extended stays in Mexico March 2023.
Hello from Peru. Great Video. Here cost of living is about $400 per person if living in provinces and $600 if living in a place as Magdalena del Mar in Lima. A lot of ❤ from Peru to beautiful mexican people.
Wow! Thanks for the info! Glad the video was so helpful!
Right to the point. I thank you for putting the budget at the beginning of the video!!!
No problem!! Glad it was helpful!
When you do these talk over video is easier to stay till the end, much more entertaining.
Awesome! Glad you enjoy them!
Agree 👍 Love the scenery
That park is stunning
Yes it is! I still much more footage from the park and we didn't even get to see the whole thing it was so huge! We even went horseback riding here is a video of me and Christian riding the horses! th-cam.com/video/NypARMWtzMc/w-d-xo.html
Greetings Jose I hope your day is good!
Muchas gracias!
Thanks for another great video!
Our expenditures per month:
For TWO people, in MXN PESOS per month in Oaxaca City:
Internet 449.
CFE (electric): 300.00
Water (drinking): 600.00
City water: 200.00
Propane 400.00
Transport (own car) gas and maintenance: 2,500.00
No rent (own our house)
Property tax and Insurance on house: 1,800.00
Food: varies... Eating in (cooking at home) and eating out (not too expensive restaurants) 8,000 to 10,000.
Medical and dental: varies (yearly average per month): 6,000. Includes IMSS but pay out of pocket for alternative care and dental.
Total: 21,949.00 mxn per month
In USD: 1,132.34 per month for two people. (today's exchange rate.of 18.06 mxn to 1.00 USD)
That is awesome! Muchas Gracias for sharing with us!
That 2 bedroom house was cute. A little paint and cleaning it could be a palace.
Yup we did a lot more than that to make it very nice for us to live in. That tour was done months before we moved in initially and there was still work to be done before moving. I was just trying to give you an example of what you can get for that price. Thanks for the kind words!
Many people love to learn language, both english or spanish. Helping the community live better with healthier understanding of culture and launguage...bendiciones...m
Muchas Gracias! Thanks for sharing!
buenos dias Jose the only real problem I am having here is the electric bill this month it was $5202. I am moving at the beggining of August..cause of this issue..!
Wow sorry to hear that! I am actually cutting my bills lower each and every time even though I feel I am using more power these days. I think its because i recently learned to keep the breakers off on the A/C units when not in use and I only flip them on when I am going to use the A/C's and my goodness has it helped! I was expecting a 5,000+ bill like you this last time around and guess what? It only came in as 1,200... before that it was 800, and 550 before that.... i highly recommend everyone give that tip a shot it has worked wonders for me and my pocket!
@@JoseArteagaTravels wow good idea
Gree has solar aircon now - order them in - this will make
A huge difference
The locals live on $400 dollars and if they live even more frugally they can buy a 90's car for 60,000 pesos (3,332 USD).
Great point! Thanks for sharing!
As a guy getting by on social security alone, I want to thank you for sharing this information. It gives me hope and inspiration. What's the best way to find furnished apartments?
Facebook Marketplace is good site to find rentals and you can get a good idea of the going rate. Buena suerte!
Thank you! Glad it was helpful! For more information on how to find affordable rentals you can check out this video th-cam.com/video/hSaGVFFIruE/w-d-xo.html
Great video. Always enjoy watching your videos. Yes "depends". A Friend in Monterrey pays $59,000 pesos a month for rent. A friend in Puebla pays $34,000 a month in rent. Another friend in Hermosillo only $22,000 pesos a month in rent, but it is not a gated community. All my friends in San Miguel de Allende own their homes, all in $1+ million dollar homes. Other friends in locations in Chapis pay zero for rent in abandoned homes from the cartel violence. So the sky is the limit. Zero to $$$. My electric bill in Monterrey home is $7,000 peso to CFE but have a lot of air conditioners / heaters. Here is same in the USA. Friends in Detroit that live in the rundown araes pay very little in rent, friends in nice places in New York City, pay $15,000 usd a month rent.
Muchas Gracias for your kind words! You hit the nail on the head when it comes to rent. I have talked about it multiple times here on the channel comparing both countries and you are right, you can live for almost nothing or you can spend thousands of dollars on rent, all depends on what the individual is looking for. Thanks for sharing!
Thank you for the breakdown in costs Jose! Keep up the great work!!
Glad it was so helpful!
Thank you for this important information greatly appreciated
Glad it was helpful!
Hey Jose !!! Great video!!!
Muchas Gracias!
The crowds go wild😮
😅
🌴🌳🌲 My neighborhood!! 🌴🌳🌲 Awesome content as usual. 🥳 I have wanted to know how much I am spending, so I itemized my expenses. These are my monthly costs in US dollars in Guadalajara.
* Electric $4.60 (We don't have or use Heat and Air.)
* Gas $5.50 (We have solar panels for hot water.)
* Drinking Water $8.28
* Water $8.00
* Food and Misc. $250 (I cook at home and rarely eat out.)
* Transportation $0 (I walk. When I first arrived Uber cost me $250 a month.)
* Dog food and flea/tick meds: $60
* Daily Dog Walks $2.56 a day/$76.80 a month. I can and do walk my dog daily. However, she was very stressed out after moving to MX. We lived in the country and now we live in a huge city. The vet said she needed friends and a pack. She is all better now!!
* Rent $1,000 (It can be much less!! Yet my rent is very affordable for my location.)
***Monthly total for me and my dog: $1,413.
On a side note, my dog had a medical emergency. 2 days in the pet hospital, 4 x-rays, 2 ultrasounds, blood and stool tests, medications, and follow up exams: $136 USD. Whew... so much more affordable!!
Wow thank you so much for sharing with us! Even with a higher rent than most you can still keep it under $1,500 very impressive! Happy to hear your little cutie is also doing much better! Thanks again for the extra insight!
@@JoseArteagaTravels ¡¡Gracias!! Yes, my rent is higher, yet my utilities are significantly lower. ¡Que tengas un lindo día!!
In Vietnam you will spend
Awesome! Thanks for sharing!
Thanks for the breakdown Jose. May I ask which cell phone company? That's a solid deal 😮. Moving to Merida next week 👍😎👌
Glad it was helpful! All cell phone companies are about the same in cost but my recommendation for the best cell service is TelCel
Jose I subscribed your chanel every sesion I love the park that you show on this one what city is it...and what the name of the park I am already retire few years ago now I am doing my research of where I really like to live I amgoing to Colombia and met some one that will introduce me and show me life in Colombia after I come back I will try to get in touch to you... I love that park I can see myself walk enjoy relax myself in that park....thanks for a good show and the cost breakdown...
That is awesome! Glad you enjoyed the video! Good luck with everything!
Let people be warned that many/most of the areas that many immigrants from "more developed countries" want to move to it is difficult to find rents for $6000 pesos a month. And, at that a 2 bedroom? Yards? Yards are extremely uncommon in most urban areas.
I live right by El Centro in a very quiet and safe neighborhood. There are plenty of affordable places to live in Mexico as long as you are willing to live in a typical Mexican neighborhood. But if you want to live just like you lived in the USA or Canada then it will come at a cost.
@@JoseArteagaTravels Yes, a big cost. I have a one bedroom house in Santiago that if it wasn't for sale would rent for 43,000 pesos per month with current exchainge rate. A neighbor currently rents his 1.5 bedroom house, in Santiago for the same. I would rent my house I live in for 54,000 pesos per month if we decided to leave for a couple of years and it would not be a problem to rent it. We would also require a 20K US deposit. Expensive for many but not an issue for most of the foreigners I know here in Merida.
Are you planning to buy a house in Merida? Or conkal or telchac?🎉🎉
I need money to buy a house and I do not have enough to buy a house at the moment. Hopefully in the future
I just found your channel, and this gives me hope that maybe I can retire on a very meager budget (I don't have a big nest egg) in Mexico. Based on the financial requirements required for residency, I won't be able to attain that, but at least I can use the 6 months allowed as a tourist, until they say I can't.
That is awesome! Welcome aboard! So happy to hear i can be so much help! If you are a looking for a solution to getting your Mexican Residency without having to provide any financial solvency please check out this video th-cam.com/video/XH9lxrAehSU/w-d-xo.html
@@JoseArteagaTravels thank you Sir!
These are actually some pretty good numbers..I have a mortgage, but this is a reasonable number..I pay less for water, pay more for propane and less on groceries. Car insurance is usually $350-500 per year. Gasoline is fairly expensive in Mexico, problem cheaper than @60-70% of states in the US. Internet in Mexico is better and cheaper and cell service is the same and slightly cheaper. Air travel in Mexico is way cheaper than the United States.. can fly from Tijuana to Mexico City, Monterrey, Guadalajara for less than @145 bucks round trip. New aircraft and equivalent or better service..beer and food in Mexican airports.are still an expensive rip off but a dollar or 3 cheaper than in United States!!
Muchas Gracias for sharing your own experience and budget with us!
about same prices as here in 14 million megacity of bangkok except water and full 5g internet (wifi are free in condobuilding) and electricity that are much cheaper. but we have higher standard better infrastructure better food and better safety here.
I spend about 1400$ a month and have a 40 sqm 1 bedroom condo with gym and pool for 290 $+ 40$ for electric and water and can take a walk and shop and eat safe 24/7.
Thats great! Thanks for sharing!
All good reasons but the 🥵 Humidity & Heat … some of us will sweat like a squeezed sponge 🧽 💦!!!
Man this is crazy, my mortgage is $2600 and debating to rent home to lower my rent to $1800 or lower. In addition, I am looking for a home for my mom and sister and niece, after the unfortunate passing of my dad, were they lived almost rent free except their utilities cost around $375-400 for them right now. We just saw a little town home for $2400.00. I want to move to Mexico, unfortunately my company operates hybrid and we are required to live in the US and in certain states. I would live like a king with my salary in Mexico.
Thank you so much for sharing with us! Good luck with everything!
Love the park , thank you for share to us .
Glad you enjoyed the walk and talk!
Thank you Jose! Iv been asking some of these questions on Facebook, however people are reluctant to share. So if for two of you rent in a two bedroom and for me it will be 4 people, id like a 3-4 bedroom. I'm assuming it will be double? Possibly a bit more if I want a pool?
Do you have any references on people that can help find apartments that they can show us while still in the usa to give us an idea of what we want?
It all depends on what you are looking for I know Mexican families of 4 or more paying less in rent than me. I do not know or work with any rental agents, my best advice is to check out this video th-cam.com/video/hSaGVFFIruE/w-d-xo.html and also ask around in the various Local Facebook Groups
As a single person I’m having a hard time trying to find the best city/state to live that’s affordable in Mexico
Good luck with your search! If it was that easy everyone would do it. Nothing in life worth having will come easy. You can do it! Good luck to you!
Thank you great video
Glad it was helpful!
I'm boring. I don't drink, smoke or do drugs. My only vices are good food and internet. I can really see myself living in Guadalajara. I would love to live walking distance to food and beautiful parks. I've been looking at cheap houses and condos to purchase in Guadalajara, but there's not much out there. Should I get my Mexican citizenship first before I buy a home in Mexico? 🤔🤔🤔
Awesome! You can check out this video for more information on rentals th-cam.com/video/hSaGVFFIruE/w-d-xo.html Also there is no need to become a citizen just to purchase a house. All depends on how easy it is for you to get your citizenship and where you want to buy the house.
Jose another Great Video 👍🏻. 1 ?. How much Mexican $$Pesos we can legally bring in from USA ? Cuidensen Broder.
Not sure. Glad you enjoyed the video
Hi Jose great video. I am wondering what your cunsulting fee would be for a single guy looking for a studio apartment in merida?
Thank you for the kind words! If you are looking for a 1 on 1 personalized consultation you can find out all the information here on my website www.josearteaga.com/youtube-consultations I don't do real estate tours or anything like that. I only do video call consultations. If you are looking for an agent to help you find a place to live you can ask around in the local expat facebook groups for more information.
Thank you, very helpful! Is the house shown located in the vicinity of the park the video is filmed in? Also, how does one find non-vacation rentals?
The house and the park were in 2 different cities on opposite ends of the country. For more information on how to find affordable rentals you can check out this video th-cam.com/video/hSaGVFFIruE/w-d-xo.html
@@JoseArteagaTravels Thanks, I'm potentially interested in renting in Mx. but want something non-urban. The glitch is I'm an older solo female.
Dude an Uber in my town charged us $100 to drive us 30 mins after the bar, here in Idaho
Wow that is crazy! That would be more like 100 pesos out here in Mexico 😅
I live in S.F. Ca. and i pay 1200 dollars just for one room wth a bathroom, God im running to live to Merida and have my own big house ha!
Good luck to you! Thanks for sharing!
Lon one of your videos you mentioned the we can form a 2 person corporation to buy a property without a Bank Trust, could that be a U S Corp or a Mx Corp
It has to be a Mexican Corporation
It was $840 a month for me if I stayed out of restaurants living alone
Awesome! Thanks for sharing!
I just found your channel, so maybe you've already covered this. For safety concerns, are there places of Mexico that should be avoided? Like Canada has a travel advisory to avoid a dozen or so areas of Mexico because of high violence and organized crime. And I heard "police" stopping buses at night and demanding cash from the foreigners.
Yes of course just like anywhere else there are places to avoid. My recommendation is to join Facebook groups such as "on the road in mexico" that are dedicated to talking about what areas to avoid and other tips and tricks
What is a good area that is safe with rates like you are getting. Any suggestions would be greatly appreciated!
I actually do not know enough about Guadalajara to comment. My apologies
I would call that bare bones cost of living. Meaning not going out, never leaving your house, not traveling. I would like to see a more realistic cost of living. I don't think most people plan on just existing in their retirement.
I go out with my wife, we see doctors when needed, we travel as you can clearly see in this video we are in another city on the other side of Mexico, we have other expenses which are not on the list which is what makes up the complete $1,500 a month. Again every month is different and this is just meant to be a rough guide for people to get a better idea of what actual cost of living could be.
Lovely video! Can you tell something about VISA to enter Mexico? I'm brazilian, Thanks in advance.
I actually made a complete video about that, you can check it out here th-cam.com/users/liveDYpZBxWkbls
You're always doing a good job for giving us very good informations about Mexico. But, the majority of your subject is about coming in Mexico for having a good life, how to get a visa or how much cost of living is in Mexico. But you give very little information on how to earn money to live in Mexico for example: how to start a business in Mexico, what are the administrative procedures to do. Because not everyone can work remotely, not everyone wants to be a digital nomad, not everyone is retired.
Glad you mentioned that! I actually have made videos on that subject. The reality is that they are not as popular as those other subjects you mentioned so they get lost in the algorithm. Here is the last video I did on starting a small business in Mexico th-cam.com/video/7wkNDaZQDnI/w-d-xo.html
@@JoseArteagaTravels ok I understand, thank you!
Great vid, Jose. My costs are pretty similar to yours, but I will never complain of the negative impact rising costs have on my budget, though I do recognize it, and will talk about it. A stronger peso means a stronger Mexican economy. Higher prices of most goods and some services is the result of a minimum wage rise that has pulled a great many out of poverty/lower class into middle class for Mexico. I will never complain about anything that’s good for Mexico. Instead, I will just adjust my expectations accordingly, or move to another, cheaper place. The bone I DO have to pick is with the greedy who charge outrageous prices to the uneducated Gringos. This is where people can find Mexico to be cost-prohibitive, rent being the biggest factor. And thanks for saying pretty much “it all depends.” I live in Zona Romantica, Puerto Vallarta, (the most expensive tourist area) where average rent for a place like mine is at least 15-20 pesos per month. I pay 7500 (because it was originally rented by a local to a local friend of mine and I got the same price). Otherwise I would be living elsewhere I wouldn’t like as much for the same price. Those words “it all depends,” as well as expectations and self-education, are KEY.
Muchas Gracias for your kind words and for sharing with us your own experience. I totally agree with you that in certain areas locals will abuse the situation and raise the prices on everything thus affecting everyone in the area. What bothers me the most are how some Mexicans can't 2 and 2 together and realize that increase in price is coming from the greed of other Mexicans. No one willingly wants to pay more so I find it laughable when they try to blame the increases in prices a.k.a the gentrification solely on Foreigners without realize the true root cause of it. I actually go more in depth on that topic in this video th-cam.com/video/QuCVQUap68k/w-d-xo.html Thanks again for sharing with us!
Stronger peso only make rich Mexican more wealthy. Salary is almost the same as 3 years ago but products no. Ask people who earn 10000 pesos how strong peso helps them .
@@mex5341Mexico minimum wage in 2021: 141.70, Mexico minimum wage in 2024: 248.93. This is a rise of 56 percent. Of course prices of goods and services will increase, and the wealthy will benefit, but they have not increased by that same 56 percent during the same time.
@@JoseArteagaTravels I’ve said the same on my PV group “you can’t have buyers without sellers, and you can’t have renters without landlords. The sellers and landlords are mostly local.” The same goes for border smuggling - drugs, guns, people, that usually elicits HOWLING angry blame, one side to the other, when it is actually both that are to blame.
@@mex5341 Mexican minimum wage in 2021 was 141.70 pesos. Mexican minimum wage in 2024 is 248.93. That’s a 56% increase over those 3 years. The price of common goods and services for average minimum wage Mexicans have risen, but not by that much…., unless you have a statistic I haven’t seen (I haven’t been able to find one). In my own experience living in Mexico for 6-7 years, I’ve seen a rise in cost for many things, but none that equal or exceed 56% that I’ve noticed (but of course there could be some that I haven’t noticed).
Can anyone familiar with Guadalajara have any tips ?
I plan to stay 30 days and enroll in the IMac Spanish school .
I was thinking Colonia Americana neighborhood as it’s close to the school from my understanding.
I am male 44 from California .
Also is meeting people difficult?
Here in California it seems everyone has their head up their butts
Yes people there are very friendly and you will be fine as long as you use common sense and practice situational awareness. I suggest getting yourself an Airbnb close by and you should be able to walk everywhere or take short Uber rides. For more information You can watch my videos. Good luck with everything!
@@JoseArteagaTravels Thank you will look through your playlist
Whats most reliable website for renting an apt?
For more information on how to find affordable rentals you can check out this video th-cam.com/video/hSaGVFFIruE/w-d-xo.html
Why do you want people to move to mexico is it because it will do better with cash flow what is the reason
All countries need new people (external) for investment money and new babies (internal) for sales growth. This is why places like China and India governments make so much money, growth regardless of individual poverty.
The reason is because things are really bad in the USA these days for many Americans and I am just showing them that they can have a better life outside of the USA if they choose to go after it. Same reason many immigrants move into the USA. People are just looking for a better life and everyone has a different definition of what that means to them. I am just sharing my own experiences of living in the USA and now living in Mexico and I much prefer to live out here in Mexico where there is much more freedom and a higher quality of life. So for those seeking a solution, I offer it to them in my videos. I just want to help out those people that are in a similar situation I was when I had to leave the USA. I do so by providing information about my experiences out here in Mexico. Many people also watch my videos and realize that Mexico is NOT for them. I'm just trying to help out those seeking help.
@JoseArteagaTravels I understand but most of the Americans Here that I know want come to mexico with me because they are afraid of the cartel and crime rate I myself love mexico but for another of ppl they want even look at mexico on a map much less anything else
@@chosenwarfare3811 Right, those Americans don't understand "cartels" and government are partners in many things. Many times one in the same (just like similar issues in all countries). And that both are excellent employers. Pay, benefits and perks
Agreeeed 👍😎😄
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Jose, do you have any idea what a live-in housekeeper would cost a week?
I do not I am sorry. You should just ask around in some of the Facebook expat groups for more info
@@JoseArteagaTravels thanks.
whAT about medical insurance?
That is an added expense. I do not have insurance therefore it is not in my budget. You can simply add the cost of medical insurance to your final budget to get a more accurate reading for yourself
How about a cariñosa cuanto cesta
i don't know you should ask them and see what they charge
Next time I will 😂
yes I can live without the internet .I also know 4 people who don't have or own a cell phone.
Awesome! Thanks for sharing!
PLEASE NOTE
THE PESO IS NOT GETTING STRONGER
THE U.S.DOLLAR IS COLAPSING
Actually both those things are happening. Either way thanks for sharing
My wife would just die if we paid $30 a month for phones. In her mind $8,000 to $10,000 for rent is just crazy. We can afford it but she won’t have it.
Jaja trust me Christian is the same. It's not a horrible problem to have! 😅 Thanks for sharing! Viva our Mexican wives!
I like drinking night train and thunder bird.
Awesome! Thanks for sharing!
Even if Mexico is getting costly stop just stop it's still cheaper than the United States. Just think about the people living a house away from you who do not have AC and don't always have what they need as REAL daily needs and you are sitting in your AC house or condo eating 3 times a day and the people living next to you eat there breakfast and lunch and are still not sure how they have diner and keep in mind they do not have the AC or 8 pillows on the bed with TVs in every room just stop
Very well said! Thanks for sharing!
What state are you in?
I live in Merida Yucatan, but this was shot in Guadalajara Jalisco
@@JoseArteagaTravels We have been looking a lot into Mexico as Mid 30’s parents with younger kids. Planning to take a trip out to Yucatán in the next few months. I work in an office dealing with construction. She works in local government. Decent investments paying dividends about 1000 US a month. Any chance we could make it out there?
where in mexico?
I live in Merida Yucatan and this was shot in Guadalajara Jalisco
Folks, don't believe any of this, it's way off! I have lived in Mexico in different locations for over two years now, and it's nothing like this. Rent, sure, you can rent a dump in Merida for $300, BUT, even though it's a dump, you will have to pay a deposit, first, and last months rent, plus, an attorney’s paperwork fees, all four are equal to the rent. So, on a $500 per month apartment, (if you can find one) it will be 1st, $500, 2nd, $500, deposit, $500, fees, $500, total.... $2,000 before you even move in! I don't know about you, but I didn't move to Mexico to LOWER my standard of living, so count on spending at least $1,000. BTW...... You will most likely not get your deposit back, and you certainly won't get the fees back. This is in the Yucatan, it will be different depending on the state, in Queretaro anything decent is from 15,000 to over 20,000 Pesos, depending on the place, the real trick is not affording the rent, it's paying it. Every landlord, or agent I spoke with wanted the entire rent up front, including deposit. if it was a six month contract, six months up front, twelve, it was twelve. Even if I had a contract, if the landlord didn't honor it, there'd be nothing I could do, courts take forever here, so they typically win. Short term boots on the ground, say a month, will reveal what's going on in your target area. Good luck!
Sounds like you had a horrible time out here in Mexico and dealing with landlords. I have never once heard of anyone demanding the full 6 months or 12 month lease up front, sounds to me like you should have found someone else to rent from. Either way your experience is a very rare one. I will concede that YES you do need several deposits to move in to certain homes in certain areas in fact i talk about it more in depth in this video th-cam.com/video/8lC65oxgYfI/w-d-xo.html But long story short as you said, if you do not want to lower your living standards then Mexico then you will be paying higher prices. Simple as that. Sorry to hear you didn't have any luck out here in Mexico, I'm sure it was just some bad luck and had nothing to do with you whatsoever. Either way, Thank you so much for sharing with us!
@@JoseArteagaTravels No, not bad luck, and NOT rare, non Mexicans are treated like dirt in most cases. Like Queretaro, even with a Temporal, which I have, they still thought I'd bolt and bail on the rent. Trust me, the requirements are real, I looked for a month and a half before giving up and moving on. When I first came to Mexico I spent two months in Merida, looking in multiple areas, and it was always the same BS with the fees and deposits. I've lived in several states here, and each one has their own special hoops to jump through. In Oaxaca almost everyone uses the same contract, and it's horribly slanted to favor the landlord, with zero protections for the tenet. Your viewers should understand why they'll most likely not get their deposit back. It's used to pay the real estate agent's commission, and a lot of landlords don't set aside money to return the deposit, so they find excuses not to pay. I have found good places to rent in Jalisco, and Oaxaca, but it took work to find the right places/people, and today, those people are still my friends. Life in Mexico can be good, but it's a larger challenge than people are led to believe.
@@terrycavenderYou are exactly right. Much of what he says is very misleading. He’s married to a Mexican, he’s used to living cheap because he’s been broke for years, and he’s accustomed to living in those raggedy houses in Merida. I live in Merida and most people who move there from the states will NOT want to live where he lives. It’s loud, it floods, and it looks dirty by where he lives. Most people will want to live in Norte where you WILL NOT find a house for $600 a month. Those are the “hood houses” and no one is moving all the way to Mexico to live in South Merida. He needs to be honest with the viewers…it IS expensive in Merida if someone wants to live about the poverty line and it’s not worth it. That’s why many people are leaving and NOT just Americans and Canadians! Mexicans too!
Good bye! We don't need people like you here always complaining. If you can't adapt get the HELL OUT! Come mierda!
@@prettybrwneyez7757damn 😂
Bruh
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Why are people wearing masks in 2024?
Great Question! Every country around the world is totally different. Here in Mexico they follow the same protocol they do all over Asia. When people here are sick they wear a mask out of respect just to simply not get anyone else sick. This was going on even before the pandemic. So if you see someone with a mask on just assume they are sick. Very rarely will anyone wear it without being sick. Also no one really cares out here if you wear one or don't wear one. People mind their own business out here in Mexico which is one of the reasons I love living out here so much!