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...]
Ajijic and Lake Chapala Real Estate
Buying Ajijic and Lake Chapala Real Estate - What you can Expect Homes at Lake Chapala are built similarly to commercial construction in the U.S. and Canada, using brick, rebar and concrete. Ceilings tend to be high, floors are tile and walls are thick stucco. Homes often have a Spanish flair with lovely wrought-iron scroll work over the windows that are both decorative and secure. "You're not in Kansas anymore, Dorothy!" If you have ever wanted to paint a wall teal, lime or fuchsia, this is the place to go for it! In fact, you'll fit right in. Of course, if you choose to leave the … [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...]
Retire To Mexico’s Lake Chapala – An Essential Planning Guide
Plan Your Move to Lake Chapala Mexico the Right Way You’ve read about the beauty of the Lake Chapala area and how enticing it seems from the descriptions in the pictures and articles. You've done some research on this as a possible retirement destination. It looks very promising - even exotic! But reading about moving to Mexico and actually doing it are two different things. Relying on what you read on the internet or what you hear from other people can be dangerous - how much of it is "Fake News" or just out-of-date information? So without a doubt, it is a good idea to do your “due … [Read more...]
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