I always believed in the maxim, âdiversify your investmentsâ. So during our working careers my wife and I used to buy real estate, especially south of the border.
When it came time to retire, we chose to live at least half the year on the shores of Lake Chapala, Mexico. Lake Chapala is at almost the same elevation as Denver, Colorado, but rarely gets as cold. There is a brief mild winter, but most houses are neither heated or air conditioned.
Because of the ideal weather and prices which are still less costly than in the United States, this has become a popular retirement community with people from around the world, but especially the USA and Canada. Ex-patriots in Mexico number in the hundreds of thousands.
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Saturday, November 17, 2007
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