Expat Advice: Financial Issues in Mexico City, Mexico

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

Mexico City

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.

Before retiring in Mexico City, expats should familiarize themselves with the language and culture. Knowing basic Spanish is definitely helpful when communicating with locals. Expats should also research the quality of healthcare in Mexico City, as well as any visa requirements they must meet to legally retire there. It is also important to understand the local housing market and choose a neighborhood that best suits their needs. Finally, expats should keep in mind that the cost of living in Mexico City is considerably lower than in many other cities around the world, which can make retirement more affordable.

Welcome Home Mexico
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Welcome Home Mexico occupies a niche in the market as a successful relocation and real estate firm helping expats moving to Mexico! As seen on CBS news, PBS, in the L.A. Times and more, we are one of the leading companies in this field. Welcome Home Mexico offers a wide range of services, multi-lingual knowledgeable brokers with experience, efficient and professional service.

Click connect to have our partner contact you via e-mail and/or phone.

Welcome Home Mexico

Welcome Home Mexico occupies a niche in the market as a successful relocation and real estate firm helping expats moving to Mexico! As seen on CBS news, PBS, in the L.A. Times and more, we are one of the leading companies in this field. Welcome Home Mexico offers a wide range of services, multi-lingual knowledgeable brokers with experience, efficient and professional service.
Connect

Click connect to have our partner contact you via e-mail and/or phone.