International real estate opportunities in Mexico

Most of you probably have heard the statistics that Mexico is one of the largest trading partners to the U.S.  Many are also well-aware of the increase in the Mexican-American population over the last several decades.

However while we buy their goods here and they are investing in our companies here and many are moving here, are you also aware that many Americans are moving to Mexico?

While the demand fluctuates with changes in the economy and overall trends, older Americans are looking to Mexico to spend their golden years.  ”Large groups of Americans can be found in San Miguel de Allende, Lake Chapala, La Paznand Los Cabos on the Baja Peninsula and the Puerto Vallarta region on Mexico’s Pacific coast,” according to the article, “Retiring in Mexico: Still An Option?” in the April issue of the National Association of REALTORS® (NAR) Global Perspectives.

Could Mexico be a potential option for a client of yours?  Maybe, maybe not.  Check out the link below with the full article. If not Mexico, maybe it’s somewhere else around the globe.  NAR’s International property database is growing and including more and more countries.  Check out the database and get a glimpse of the world of opportunity in real estate for you and your clients!

This entry was posted in Consumer Information, International Real Estate by Sharon Gorrell, IAR Housing Policy Advisor. Bookmark the permalink.

About Sharon Gorrell, IAR Housing Policy Advisor

Sharon Gorrell is Housing Policy Advisor for the Illinois Association of REALTORS®. Through research and analysis she provides IAR leadership, committees, and governmental affairs staff well-informed expertise on local, state, and national housing policy issues and programs. Her work assists IAR in developing sound housing and housing finance policy positions and programs. She develops and maintains relationships with other associations, agencies and organizations that engage in the discussion and development of policies that affect housing and access to housing, and serves as the voice for and liaison of the REALTOR® organization to such groups. She serves as the IAR staff executive for the Housing Opportunity Working Group, Business Diversity Working Group, Federal Political Coordinators Working Group and Community Development Resource Working Group.

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