Riviera Nayarit The best place for retirement?
Why Riviera Nayarit?
It is a good question and an excellent place to start. These are the reasons why Riviera Nayarit is the number one place for real estate in Mexico.
• It is an easily accessible destination from major US cities. and Canada
• We have the best of Mexican culture, and we are very close to the picturesque center of Puerto Vallarta, on the boardwalk you will enjoy the taste of true Mexico; more than in other places like Cancun or Los Cabos.
• And, Riviera Nayarit with its small coastal towns and Nuevo Vallarta that has everything you need, are a great complement to your neighboring city, Puerto Vallarta.
With three large marinas, ten golf courses, a bay with excellent winds to sail all year round, access to great fishing, diving, surfing and snorkeling. And nothing better than the people of the region, friendly and helpful, all this makes Vallarta and Riviera Nayarit the best places where most American and Canadian retirees invest in their second home.
The best place for retirement?
During the last 15 years International Living magazine has calculated its Annual Retirement Index, a resource aimed at helping retirees and future retirees in the evaluation and comparison of the most popular retirement destinations in the world. It is based on a series of criteria, giving different weights to each one, depending on their importance for retirees. The criteria with their individual weighting are listed below:
Cost of Living - 20%
Health - 20%
Special Benefits - 20%
Real Estate - 15%
Entertainment, Recreation and Culture - 10%
Climate - 5%
Safety and Stability - 5%
Infrastructure - 5%
During the last 6 years Panama was the country evaluated with the highest score. And although it still has a lot to offer the retirees, this year it fell to the fourth position of 30 countries evaluated.
Ahead of Panama, in third position was Italy with its beautiful cities, warm weather, and of course, its historical sites. Second, Ecuador who climbed positions from the tenth place, obtained last year. Ecuador offers an extremely low cost of housing, pleasant weather, beautiful lands, a growing economy tied to the US dollar and a stable political environment. It may be the best kept secret, but Ecuador is becoming a place of opportunities and retirees are taking advantage of it.
Now, the country that has the first position in the world to retire: MEXICO! In addition to knowing that Mexico is strategically located near the United States and Canada, it has a program for senior citizens (INSEN), where they can obtain up to 50% discount on many services, the only requirement is to be greater than 60 years; The Mexican government has enacted several laws to encourage foreign investment, and it has become one of the best destinations to enjoy retirement, offering the quality of life that Americans accustom, in addition to the additional benefits.
(Note: A few years ago, when the Canadian dollar was heavily devalued, Canada was ranked in the top ten places. However, when the Canadian dollar was recovered, Canada could no longer trace places this year. As a reference, the United States obtained this year the place 19)
Why invest in the Riviera Nayarit?
Most of the retirement communities are settled in San Miguel de Alende, Guanajuato and on Lake Chapa, in the Ajijic area. These communities have established themselves in beautiful colonial cities with pleasant temperatures during the year. Most activities and amenities are available to retirees in these cities with a very attractive cost of living. Being located in the interior of the country, retirees can buy and own real estate with property titles, as if they were in the United States or Canada.
For those who long for the ocean, the Pacific coast offers many more advantages than the Gulf of Mexico; The main one is to be in a place protected from storms. The Yucatan Peninsula, including Cancun and Cozumel are wonderful for vacations, but because it is exposed to the arrival of hurricanes, not many people consider it a good place for retirement.
On the other hand, the Pacific Ocean coast rarely receives such storms; It offers incredible beaches, in addition to having a climate very similar to that of Hawaii.
There are cities on the Pacific coast, such as Mazatlan, Manzanillo or Acapulco, places very popular among tourists, but they have been industrialized and commercialized too much so they are not considered ideal cities for retirement. The most desirable places for retirement on the west coast of Mexico, from north to south are: La Paz and Todos Santos in Baja California, Riviera Nayarit, Puerto Vallarta, Ixtapa / Zihuatanejo and Puerto Escondido.
La Paz and Todos Santos in Baja California, Ixtapa-Zihuatanejo and Puerto Escondido in Oaxaca are more exposed to the arrival of storms than Riviera Nayarit or Puerto Vallarta, since being on the slopes of the Sierra Madre and covered by the Bay of Banderas , make these destinations a safe and secure place from the Pacific storms coming from the south. Also, because Ixtapa-Zihuatanejo is located 500 miles south of Vallarta and Puerto Escondido 300 miles further south of Zihuatanejo, the “high season”, or the season with better weather conditions is reduced from 7-8 months to 6- 7, approximately. So in Puerto Vallarta and Riviera Nayarit we have one more month of paradise.
Using the above logic, it is not surprising that many retirees have emigrated to Puerto Vallarta and Riviera Nayarit. This beautiful hotel and tourist area has become home to many Americans who have traveled around the world and have the possibility of living anywhere on the planet, and who have chosen Puerto Vallarta and Riviera Nayarit to spend the winter, if it is They don't want to be full time living their retirement.
Located at the same latitude as Hawaii, Puerto Vallarta and Riviera Nayarit have a perfect climate, with an average daily temperature of 25 ° C from November to May, with almost no chance of rain. With an approximate population of 350 thousand inhabitants, Vallarta and Riviera Nayarit have new and growing infrastructure including roads, water treatment plants and distribution systems, airports, maritime terminals, hospitals and universities, among others.
High speed Internet, satellite TV, VOIP Telecommunications, American newspapers and magazines, all this also has high availability in the area. Many of the big stores in the United States and Canada are also in Puerto Vallarta and Riviera Nayarit, such as Sam's Club, Wal-Mart, Costco, Home Depot, Office Depot, Staples, and of course a lot of fast food chains. Between Vallarta and Riviera Nayarit there are seven major world-class golf courses, and with 3 more under construction. There are many tennis courts, high-level sport fishing, and many more activities you would expect to find in a large city. There are numerous cinemas, theaters and hundreds of quality restaurants.
Due to the population explosion in Vallarta and the influence of Americans, we can say that the economy of the place is based on tourism and retired Americans, and therefore more buildings and services have been built to create more jobs for locals.
This has also created an environment, where the English language has become a prerequisite for getting a good job. Therefore, most young Vallartans should now speak fluent English. So not having a good level of Spanish is not an obstacle to retiring in Puerto Vallarta or Riviera Nayarit. Additionally, because the economy is based on the US dollar, security is paramount for locals. You will not find a safer and more hospitable place. In fact, this topic was revealed after a survey conducted by Conde Nast magazine, where Banderas Bay was recognized as the friendliest destination in the world.
If you are a baby boomer, a newly retired or you are about to retire, you owe it to yourself! Make Riviera Nayarit your next vacation destination and consider all the qualities it has to offer. You will definitely be impressed with this glorious paradise along the Mexican Riviera and you will agree, probably that Riviera Nayarit is the best place in the world to retire.