In this article, we will take a look at the 5 best places to retire in Mexico. If you want to see more places in this selection, go to the 20 Best Places to Retire in Mexico.
5. Playa Del Carmen
Insider Monkey Score: 38
Playa Del Carmen was once a small fishing village, but in recent years it has become a popular tourist destination. The main attraction in Playa del Carmen is its beaches, some of the most beautiful in Mexico. Playa Del Carmen Beach is the most popular beach, which stretches for miles along the turquoise waters of the Caribbean Sea. Residents can enjoy swimming, snorkelling, and sunbathing, as well as a range of water sports such as jet skiing and parasailing. Furthermore, Playa del Carmen residents have the advantage of being located just a short drive north of the Cancún International Airport. This makes it convenient and affordable to travel to and from their home country.
4. Merida
Insider Monkey Score: 45
Merida provides a lower cost of living in comparison to many places north of the border, which can be attributed to low labour costs and reduced expenses for essential items. Merida is known as the “White City” for its many white limestone building and rich cultural heritage. The city features a range of colonial architecture, including the Palacio de Gobierno and the Merida Cathedral. The historic centre of Merida is also home to several museums, including the Gran Museo del Mundo Maya, which showcases the history and culture of the ancient Mayan civilization.
3. Mazatlán
Insider Monkey Score: 46
Mazatlán is still regarded as a hidden gem among resort cities by many people seeking to retire or live in Mexico. It presents a distinct opportunity and affordability advantage that other coastal cities on Mexico’s Pacific coast no longer provide due to their popularity. Mazatlán is home to several beautiful beaches, including the popular Playa Norte and Playa Brujas, which offer residents a chance to relax on the sand, swim in the warm waters of the Pacific, and enjoy a range of water sports. One of the main attractions in Mazatlán is the Malecon, a seaside promenade that stretches along the coast for several miles. The Malecon is lined with restaurants, bars, and shops and is a popular spot to take a stroll and enjoy the ocean views.
2. San Miguel de Allende
Insider Monkey Score: 57
San Miguel de Allende is a colonial-era city located in the central highlands of Mexico. The city’s historic centre is home to several beautiful colonial-era buildings, including the Parroquia de San Miguel Arcangel, a towering neo-gothic church that dominates the city’s skyline. The city’s narrow cobblestone streets and colourful facades have made it a popular destination for artists. The city is home to the San Miguel Writers’ Conference, the San Miguel de Allende Jazz Festival, and the Day of the Dead celebrations.
1. Puerto Vallarta
Insider Monkey Score: 60
Puerto Vallarta secures the first position on our list of the 20 best places to retire in Mexico. It is a resort town located on the Pacific coast of Mexico. The town’s surrounding jungles and mountains offer residents a chance to explore Mexico’s beautiful natural landscape. One can take a guided tour through the jungle canopy, hike through the mountains, or take a scenic boat ride to explore the nearby Marietas Islands. The city boasts a moderate climate, a strong healthcare system, and friendly locals.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily enewsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also check out our articles on the 12 Best Low-Priced Technology Stocks To Invest In and 15 Cheap Beginner Stocks to Buy.