Hello to everyone, I am looking in various countries to retire, but Mexico would be my first choice. I am a Military Retiree with a monthly retirement pension of $3000.00 USD after taxes a month and another $1000.00 USD monthly from a rental property in North Carolina. I feel financially I would qualify for a temporary visa, is that so? This may be a couple of dumb questions I am about to ask, but I will ask anyway. Does one lose their citizenship if you get permanent residency in any foreign country?
Will I lose any benefits as a permanent resident say, Mexico? Would I have to turn over my US passport when this happens? I love America and in no way do I want to relinquish my US citizenship. Hard times has come to America, which has forced expats to move abroad. I however have always wanted to live abroad and Mexico has always been my choice. I love the tropics and beaches of the Riviera Maya, but I also love the small town and temperate climate of Ajijic. Does anyone feel that a 49 year old retired military man can live comfortable on $4000.00 month in Mexico.
Will I lose any benefits as a permanent resident say, Mexico? Would I have to turn over my US passport when this happens? I love America and in no way do I want to relinquish my US citizenship. Hard times has come to America, which has forced expats to move abroad. I however have always wanted to live abroad and Mexico has always been my choice. I love the tropics and beaches of the Riviera Maya, but I also love the small town and temperate climate of Ajijic. Does anyone feel that a 49 year old retired military man can live comfortable on $4000.00 month in Mexico.
