Among the retirement options available to Americans and Canadians, Mexico stands out as an alternative to their own countries.
According to the International Land Alliance, U.S. and Canadian retirees have flocked to Mexico for years as an alternative retirement destination abroad that is affordable, has a pleasant climate and is close to their home communities in North America.
These attributes have made Mexico the premier retirement destination for older Americans abroad.
As a result, this booming trend led to high construction in 2005/2006.
Where did it happen? From Playas de Tijuana-Rosarito and Los Cabos, along the Baja California peninsula, and from Puerto Peñasco, Sonora, to Mazatlan, Sinaloa.
In southern Mexico, the real estate focus has been on the Cancun to Riviera Maya corridor.
Retirement options
International Land Alliance believes Mexico remains a viable retirement option for Americans age 50 and older, as it offers reduced cost of living, lower health care expenses, and proximity to friends and family in the United States.
In addition, more than half of the respondents noted that their motivation for purchasing a home in Mexico was based on their desire to own a home on or near the coast that would otherwise be unattainable in the United States.
International Land Alliance is a residential land development company with target properties located in Baja California, the Northern Mexico region and Southern California.
Opportunities
In addition to U.S. and Canadian citizens, Baja California has seen a notable increase in business from Japan and Europe.
As interest in Baja is expected to continue along with Mexico’s overall economic growth, we will be well positioned to offer prospective buyers and investors a luxurious residence with impressive The main activities of International Land Alliance are:
- Buying properties.
- Obtaining zoning and other entitlements necessary to subdivide properties into residential and commercial building lots.
- Obtain financing for the purchase of the lots.
- Improve the infrastructure and amenities of the properties.
- Sell the land to homebuyers, retirees, investors and commercial developers.
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