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Expat Advice: Financial Issues in Mazatlan, Mexico

Submitted by ResearchTeam

What is the name of the city or town that you are reporting on?

Mazatlan

Which banks do you use? If you have a local account, which bank do you use? How do you like it? Do you also have an account in your home country? Which bank? Do they charge for ATM withdrawals? Do they charge a lot for international wire transfers? How has it been working with them from abroad? Do you use a special international wire transfer service? Do you use an online bank? If so, tell us about them.

Expats should familiarize themselves with the cost of living in Mazatlan, as well as their retirement income vs the cost of living to ensure a comfortable retirement. They should also be aware of any necessary visas for residency, and what type of healthcare coverage (if any) is available to them. Additionally, it's important to understand Mexican law and culture, as well as the lifestyle of the people in Mazatlan, to ensure that they are comfortable with their retirement decision. Finally, English speaking medical, legal, and financial services should be taken into consideration when choosing where to retire in Mazatlan.

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Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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