In our neighboring brother United States of North America, this June 14th is celebrated Flag Day and it is through this celebration that the symbolism of all the elements that make it up is commemorated.
What story is behind the 50 white stars on a blue canvas, the 13 alternating stripes between red and white? The white stars on a blue background represent the union of the 50 states that make up the American Union. The thirteen stripes represent the American colonies that became independent from Great Britain on July 4, 1776. The flag represents the identity of any nation in the world, it is a symbol of pride, it is the insignia of representativeness, playful, festive, commemorative, historical, warlike, is the sign of union of a country.
This symbolism of “union and perseverance” has allowed the United States of America to be considered a country of great alliances at a global level, a country of opportunities and hope. A nation that maintains a close relationship with Mexico from commercial, economic, migratory, diplomatic, political and cultural agreements.
But the most important alliance between both nations is that of the citizens of Mexico and the USA, where borders do not exist and only trust prevails, where both seek to find well-being. Today there are a large number of Americans in Mexico.
Why are more and more Americans deciding to move to our country?
In addition to being a cheaper country to live in, it also offers a more relaxed and privileged quality of life for freedom. Another reason for Americans to choose to live in Mexico is the geographic proximity and ease of travel to the United States.
The number of American residents in Mexico has skyrocketed over the last three years, the figure has grown by 70% compared to 2019, the year before the pandemic, to close to 20,000 new US residents a year, the highest since 2013. The number of Americans residing in Mexico temporarily or permanently increased by 69.9% in 2022 compared to the figure for 2019, the year before the start of the covid-19 pandemic, according to data from the Migration Policy Unit of the Ministry of the Interior of Mexico.
The data has gone from 11,594 to 19,122 new annual residents, a difference of 7,528 citizens who have been granted at least one of the residence cards that allow them to live in the country on a regular basis.
What started as a pandemic escape appears to have staying power. The increased presence of Americans, many of them remote workers, has implications for everything from the tourism industry to real estate prices.
Unlike Mexicans in the United States, Americans can work in Mexico for up to six consecutive months under their tourist visas as long as they are paid abroad. And while technically not allowed, many choose to return to the United States briefly and re-enter Mexico to renew their six-month period in the country and continue working. US citizens who have a new residence card chose to settle mostly in three territories:
Mexico City, Jalisco and Quintana Roo
Over the years, large communities of American retirees have formed in these destinations in Mexico, one of the most significant is in the Riviera Maya for the quality of life. Nowadays, investing in real estate in the Riviera Maya also gives the possibility of leading a life with economic freedom and even representing a source of income. Renting part of the property to tourists looking for a short or seasonal stay is an option that is it has made it viable among the retired sector; the demand for this service has increased among their compatriots who prefer to rent or rent a room or bedroom in a property owned by an acquaintance; It has become a business opportunity because it represents a frequent source of income given the high influx of foreign tourists in the Riviera Maya, and the language and nationality of the owner has a positive influence.
Living on your income is a possible option, having a monthly income that is higher than your expenses is viable, the important thing is to make a good decision when investing in real estate and that it meets the expected life planning. Investing in a property in the Riviera Maya for retirement or rest is extremely positive, also from the point of view of coexistence, because the beauty of the place is highly attractive for receiving visits from friends and family, a factor that is important for the emotional and mental stability of those who choose Mexico to enjoy a life after years of work.
Wyndham Grand, Mayakaan Residences Riviera Maya is designed for you! It will have a medical clinic.