Investing in Mexico: Your Dream Home Awaits
Discover why Americans are increasingly choosing Mexico for real estate investment, vacation homes, and retirement escapes. With affordability, breathtaking scenery, and a short flight from the US, Mexico offers unique lifestyle and financial opportunities.
In this presentation, we’ll compare costs to the US—especially Nashville—highlight hot markets, demystify the buying process, and guide you through residency and citizenship options for a seamless transition to life in Mexico.
Why Mexico? Investment Hotspots & Market Overview
Mexico’s Unique Appeal
- Easy access from the US and rich cultural heritage
- Affordable cost of living attracts investors and retirees
- Stable rental markets with strong ROI potential
Top Destinations
- Riviera Maya: Vibrant coast, condos averaging $250,000 USD, annual ROI 8-12%
- Puerto Vallarta: Sought-after beaches, beachfront listings average $350,000 USD
- San Miguel de Allende: Historic charm, average home price $500,000 USD, expat favorite
Market Trends
- Rising demand from US buyers post-pandemic
- Rental yields especially strong in tourist destinations
- Growth driven by remote work and retiring baby boomers
Average Home Price
- Mexico: $101,000, making it an attractive option for investors, retirees, or second-home buyers looking for affordability without sacrificing lifestyle.
- Nashville: $ 470,000, reflecting a 3.4% increase from the previous year.
Property Taxes
- Mexico: ranges from 0.05% to 1.2%
- Retirees may qualify for significant tax reductions.
- Low annual tax burden makes it ideal for long-term ownership and investment
- Nashville: ranges from 0.73% to 0.81%
- Compared to Mexico, property taxes in Nashville can be 4x to 10x higher, especially on higher-value homes
Closing Costs
- Mexico: range from 5% to 10%
- Notary fees
- Acquisition tax typically 2% to 3% depending on the state
- Nashville: 2% to 5%
- Sellers usually pay 6% in agent commissions, increasing their total to 8%–10% of the sale price
Visa Programs & Residency Options
Temporary Residency
- Purchase property for a minimum of ~$346,000 USD
- Monthly Income: Regular income of at least $4,350 USD per month for the last 6 months.
- Savings/Investments: Average monthly balance of at least $73,000 USD over the past 12 months.
- Capital Investment: Start or buy a Mexican business - no minimum (Consulate officer's discretion), some consulates require a minimum of $100,000 - $150,000 investment.
Permanent Residency
- Available after 4 years of temporary status
- Or a monthly income of $7,250 over the past 6 months
- Or a minimum balance of $292,000 over the last year
- Or Retiree status with a pension of $2,900 per month
Citizenship
- Available after 5 years of permanent residency
Information deemed reliable, but not guaranteed. Not intended to solicit sellers or buyers under written contract with another REALTOR®.
Steve Luther
Chief Troublemaker
CHORD Real Estate, LLC
Independently owned and operated.
Independently owned and operated.
Ashley Luther
COO/Managing Broker
CHORD Real Estate, LLC
Independently owned and operated.
Independently owned and operated.
713 18th Ave S, Nashville, TN 37203