Lake Chapala on CBS News

April 20, 2014

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Hi Everyone,

I try to stay up on emerging retirement havens around the world where our retirement funds buy more of what most North American retirees want. Each place has their benefits and drawbacks.

Most of the time the first thing that comes to mind is the Cost of Living.  Lake Chapala is no longer at the very top in this category, but we’re holding our own, because that’s a big part of what most people are looking for.

Another major factor is proximity to North America by road and air. We score really high on this one since there are mostly safe well patrolled toll roads from Texas to Lake Chapala plus of course our International Airport is under half an hour away (Guadalajara “GDL”).

Established Real Estate Market – We shine in this department too since we have a professional real estate group of Brokers and Agents and many of us were Realtors in the USA  and subscribe to a code of ethics like that used in the USA.

And, the laws of our State (Jalsico) protect buyers and sellers with special officers of the state government called Notarios (not Notary Publics) which see that all the paperwork for buying a home here are in order including obtaining a “No Lien Certificate” from the local government tax office which protects buyers from buying a property with a lien on it and obtaining a “clear” title.

And our brokers use “escrow accounts” to hold and disperse funds in a safe manner by wire transfer. The broker I use for an example has a escrow account in a Texas bank and often times sale proceeds never come to Mexico, but are transferred directly to the seller’s account in
North America from North America.

Oh yes, How did Lake Chapala make mention on CBS?  Just by being touted as the Number 1 Retirement destination according to International Living Magazine’s recent survey that’s how.

It seems that we all like “Top 10 Lists” so here’s the results of International Living’s recent Top 10 most economical places in the world to retire..

“CBS News has reported that International Living Magazine completed an extensive survey of international expats to determine the most economical places in the world to retire. Heath care costs, groceries, housing, transportation, city amenities, distance from relatives, quality of the expat community, and the cost of eating out were all taken into account. The top three turned out to be in Mexico.”

“Here are the top 10:

1. Chapala

2. Puerto Vallarta

3. San Miguel de Allende

4. Atenas, Costa Rica

5. Boquete, Panama

6. Coronado, Panama

7. Granada, Nicaragua

8. Cuenca, Ecuador

9. Penang, Malaysia

10. Malaga, Spain “

I appreciate International Living “telling it like it is”, especially since they don’t talk much about Lake Chapala these days. They used to talk a lot more about our area 10 or 12 years ago.

So, I guess the bottom line is first choose Mexico and then choose Lake Chapala.

If you want to know a lot more about Lake Chapala and Ajijic please let me know. People call me the Lake Chapala Information guy for a reason. You can also check out my latest book on Lake Chapala at this link. Just click this link.

Let me know how I can help you!

All for now, Siempre tu amigo, Sid

 

 

 

 

 

 

CBS News has reported that International Living Magazine completed an extensive survey of international expats to determine the most economical places in the world to retire. Heath care costs, groceries, housing, transportation, city amenities, distance from relatives, quality of the expat community, and the cost of eating out were all taken into account. The top three turned out to be in Mexico.

Here are the top 10:

1. Chapala

2. Puerto Vallarta

3. San Miguel de Allende

4. Atenas, Costa Rica

5. Boquete, Panama

6. Coronado, Panama

7. Granada, Nicaragua

8. Cuenca, Ecuador

9. Penang, Malaysia

10. Malaga, Spain

Email for more information:
Sid@ChapalaClub.com

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