The Aguinaldo – How to calculate By Karen McConnaughey Under Mexican law, all employees (including maids, gardeners, cooks) deserve a Christmas bonus. It also creates and keeps a good, healthy relationship with your employees. Employees are entitled by law to receive 15 days pay for their Christmas bonus. Therefore, if an employee normally makes 1500 pesos in a 15-day period, then this amount would also be their Christmas bonus. Some calculations may be required, but this is what they are entitled to. If the employee has been in your employ for less than a year, these amounts are … [Read more...]
The Variety of Mexican Food
Mexican food based on Aztecs and Mayan cooking traditions combined with culinary trends introduced by Spanish colonists, is known for its intense and varied flavors, colorful decoration, and variety of spices and vegetables (green peppers, broccoli, cauliflower, radishes and many more). Mexican Cuisine has become recognized among the world's greatest cuisines. Corn has been Mexico’s traditional staple grain diet for some 4,000 years, but today, rice is equally important. Beans are another staple of the diet and they provide the necessary protein. Chilies (of so many different varieties and … [Read more...]
Inheritance Wills for Assets in Mexico
If you decide to live in Mexico and accrue some assets, then you need to consider a Will. A regular Will covers your worldwide assets and can be made either in your home country or in Mexico. An issue with a regular Will is that “cross border” probate can be very complicated. In Mexico, you can have a legacy Will which only covers your assets in Mexico and your regular Will covers your assets in your home country Some assets can be passed on to your heirs by including them on title (in case of a property) or including them as a named signatory (for bank accounts/investment … [Read more...]
The Climate in Lake Chapala Mexico
by Karen McConnaughey Bill and I had three main reasons for picking the Lake Chapala area as our retirement destination of choice. We wanted… - A temperate climate - A lower cost of living - To leave the rat race We had both worked since we were 16, and we were just tired of it. I thought Bill would want to retire to Florida (where he lived previously) or Phoenix (where his daughter lived). We were both tired of Kansas City winters and never wanted to shovel snow again. I knew if he chose either of those places, he would be saying ‘bye’ to me in his rear-view mirror. I just couldn’t … [Read more...]
50 Things to Do at Lake Chapala
by Kristina Morgan If you think that entertainment at Lake Chapala will consist of eating at Mexican restaurants and listening to mariachi music everywhere you go, think again! Although you will find authentic Mexican food is to die for and you will have the opportunity to hear marvelous mariachi groups, there is much, much more to the area. I decided to tackle a list of 50 things to do and have wondered if I shouldn’t have made it 75! But for the sake of brevity…I’ll stick with just 50. In truth, there are hundreds of ongoing activities to keep you curious and engaged in this … [Read more...]