Dream Retirement in Mexico

Episode 36 - Securing Residency and Property in Mexico: Dr. Aaron Bryant's Retirement Journey Unveiled

In this episode, Dr. Aaron Bryant shares his insightful experiences and valuable advice on retirement and property ownership in Mexico. Dr. Bryant discusses the benefits of obtaining permanent residency in Mexico, navigating the real estate market, and efficiently obtaining credit and financial opportunities.
He also shares his journey of finding tranquility in Puerto Vallarta and offers practical tips for saving money while traveling.
Stay tuned to gain valuable insights from Dr. Bryant's expertise and experiences!
 
Want to learn more about purchasing real estate in Mexico?Join our FREE WEBINAR!
Host Risa Morimoto, Puerto Vallarta real estate broker Taniel Chemsian, and healthcare specialist Pamela Thompson share their expertise and insider knowledge about the most popular expat destinations in Mexico, basics of buying real estate and healthcare options for foreigners. They will be there to guide you through the process and answer any questions you may have.
To secure your spot, simply visit www.dreamretirementinmexico.com/webinar and choose the date and time that works best for you.
 
Key Moments: 
05:39 Issues with moving to Mexico and buying a vehicle.
17:01 Negotiating price for sale or rent. Value increases.
22:55 Look for a reputable developer with capital and vision.
25:56 Do your homework before dealing with people.
32:01 Invest in property for a family vacation place.
36:36 Avoid tourist taxes, pursue financial advantages in Mexico.
38:04 Financing property in Mexico through Intercam causes taxes.
43:07 Limit your expenses with your income.
46:56 Effort and planning can lead to enjoyment.
48:09 Leverage trip for better economic opportunities. Do research.
 
About the Guest - 
Aaron Bryant retired in 2019 and decided to take advantage of the opportunity to travel after his divorce. As a mental health advocate, he was transparent about his need for tranquility and found it in Puerto Vallarta. He continues to travel to different places, but Puerto Vallarta holds a special place in his heart and feels like home to him.

Episode 35 - Top 5 Affordable Towns in Mexico for Retirement: A Comprehensive Guide

In this episode, Risa delves into the top 5 most affordable towns in Mexico for retirees. From the tranquil lakeside communities of Ajijic and Chapala to the vibrant cultural scene in Oaxaca, Risa explores the cost of living, housing options, and the allure of each location.
Listeners will learn about the affordable lifestyle, rich cultural tapestries, and the availability of amenities in these Mexican towns. Risa also delves into the importance of learning basic Spanish and navigating daily life in these communities.
 
Want to learn more about purchasing real estate in Mexico?Join our FREE WEBINAR!
Host Risa Morimoto, Puerto Vallarta real estate broker Taniel Chemsian, and healthcare specialist Pamela Thompson share their expertise and insider knowledge about the most popular expat destinations in Mexico, basics of buying real estate and healthcare options for foreigners. They will be there to guide you through the process and answer any questions you may have.
To secure your spot, simply visit www.dreamretirementinmexico.com/webinar and choose the date and time that works best for you.
 
Key Moments:
06:27 Consider caveats and costs, but embrace community.
09:22 Oaxaca offers affordable groceries, transportation, and utilities.
11:47 Quality healthcare in Oaxaca, vibrant Guanajuato.
14:45 Guanajuato offers diverse experiences in cultural richness.
21:11 Explore Mayan ruins, art, culture, and food.
23:29 Querétaro, Mexico: Colonial charm, affordable living.
27:02 Plan based on realistic income and location.

Episode 34 - Dream Retirement in Mexico: Top Beach Towns in Mexico for 2024

In this episode, Risa showcases the top beach towns in Mexico for 2024 that are perfect for a dream retirement. From the laid-back lifestyle of Playa Del Carmen on the Riviera Maya, to the affordable paradise of Bucerías, and the perpetual summer climate of Cabo San Lucas, Risa explores the diverse retirement options available in Mexico.  She discusses the top places where expats are going plus nearby alternatives for those who may not be able to afford these popular beach towns.
Join us as we delve into the low cost of living, lively expat communities, and the abundance of outdoor activities awaiting retirees in these sought-after locations. Whether you're dreaming of snorkeling, hiking amidst Mayan Ruins, or savoring fiery Mexican flavors, these town destinations offer an idyllic retirement haven for those seeking adventure and relaxation. 
Stay tuned as Risa also shares insights into Puerto Vallarta, Playa del Carmen, and Cabo San Lucas, and invites you to a free webinar on retiring in Mexico. Don't miss this episode highlighting the top beach towns in Mexico for your dream retirement in 2024.
 
Want to learn more about purchasing real estate in Mexico?Join our FREE WEBINAR!
Host Risa Morimoto, Puerto Vallarta real estate broker Taniel Chemsian, and healthcare specialist Pamela Thompson share their expertise and insider knowledge about the most popular expat destinations in Mexico, basics of buying real estate and healthcare options for foreigners. They will be there to guide you through the process and answer any questions you may have.
 
To secure your spot, simply visit www.dreamretirementinmexico.com/webinar and choose the date and time that works best for you.
 
Key Moments: 
06:34 Choose neighborhood, reputable agent, real estate basics.
08:23 Puerto Vallarta: diverse, vibrant community, beach alternative.
10:46 Bucerías: Sun, beach, outdoor lifestyle, community, golf.
15:03 Cabo lifestyle: laid back, diverse, affordable.
18:43 Consider Todos Santos, a vibrant Baja neighbor.
22:53 Todos Santos: a cultural beach town tapestry.
25:18 Playa del Carmen's summer heats with seaweed.
28:04 In Playa del Carmen, diverse community, personal growth.

Episode 33 - Real Estate Insights: Buying Property in Mexico with Jessica Riedesser

In this episode, our host Risa Morimoto sits down with Jessica Riedesser, a lawyer specializing in real estate and immigration services in Mexico. With her years of experience, Jessica offers invaluable insights into the intricacies of purchasing property in Mexico, including details about trust arrangements, costs involved, and the impact of the strong peso.
From pre-construction property risks to the importance of legal counsel, this episode is packed with essential information for anyone considering retirement in Mexico. Stay tuned for an enlightening discussion on tax obligations, residency benefits, and the importance of proper legal documentation in real estate transactions.
 
Want to learn more about purchasing real estate in Mexico?  Join our FREE WEBINAR!
Host Risa Morimoto, Puerto Vallarta real estate broker Taniel Chemsian, and healthcare specialist Pamela Thompson share their expertise and insider knowledge about the most popular expat destinations in Mexico, basics of buying real estate and healthcare options for foreigners. They will be there to guide you through the process and answer any questions you may have.
To secure your spot, simply visit www.dreamretirementinmexico.com/webinar and choose the date and time that works best for you.
 
Key Moments: 
03:33 Foreigners must purchase through a bank trust when buying in the restricted zone
09:23 Requirement to keep legal invoices for transactions.
11:33 Busy times due to COVID, remote property deals.
16:59 Know your rights before taking possession of property.
20:04 Mexican residency entails fiscal obligation and benefits.
26:14 Designate a substitute to avoid probate delays.
27:05 Choose substitute beneficiaries early to avoid costs.
 
About the Guest - 
Jessica Riedesser is a knowledgeable real estate attorney with expertise in the restricted maritime zone property purchases in the Puerto Vallarta area. She is well-versed in the process of purchasing through a bank trust, ensuring that the foreign buyer owns the rights to the property while the bank holds the legal ownership. With her thorough understanding of the permitting process through the foreign affairs office, Jessica ensures a safe and secure transaction for her clients. Her expertise also extends to helping clients designate substitute beneficiaries, adding an extra layer of security to their investment. Overall, Jessica is a trusted resource for foreigners looking to purchase property in the restricted maritime zone, providing a smooth and secure process every step of the way.

Episode 32 - Secrets to Successful Real Estate Investment in Mexico: Los Cabos Edition

In this episode of Dream Retirement In Mexico podcast host Risa Morimoto is joined by real estate experts Tracey and Glen Muir, along with lawyer Jonatan Espinosa, to delve into the world of real estate in Los Cabos. The guests share their experiences, expertise, and valuable insights into purchasing property in Mexico, emphasizing the unique challenges and considerations involved.
From navigating the intricacies of buying property within restricted zones to the importance of professional guidance and due diligence, this episode offers a wealth of information for anyone considering real estate in this vibrant region. 
Take advantage of the opportunity to gain valuable knowledge from these seasoned professionals as they debunk myths and shed light on the joys and potential pitfalls of purchasing property in paradise.
 
Host Risa Morimoto, Puerto Vallarta real estate broker Taniel Chemsian, and healthcare specialist Pamela Thompson share their expertise and insider knowledge about the most popular expat destinations in Mexico, basics of buying real estate and healthcare options for foreigners. They will be there to guide you through the process and answer any questions you may have.
To secure your spot, simply visit www.dreamretirementinmexico.com/webinar and choose the date and time that works best for you.
 
Key Moments: 
04:48 Teaching real estate in Mexico through 12-week programs.
06:45 Started law firm in Cabo, aiding foreigners.
10:41 Buying property in Mexico is a unique experience.
16:38 Living by the ocean has benefits and protection.
24:19 Real estate professionals handle property ownership details.
27:33 Different types of due diligence reports explained.
30:58 The Baja is a unique travel destination.
36:25 Real estate market in Cabo is growing.
38:32 Growing dental and medical tourism market
 
About the Guests -
Glen Muir is a real estate expert with a strong background in property investment. He has successfully made the leap into buying investment properties himself and has provided valuable support and guidance to others in the real estate market. His personal experience has given him credibility and the ability to offer peace of mind to first-time buyers and investors.
Tracey is a seasoned entrepreneur with a passion for sustainable business practices. She has a successful track record of creating and managing environmentally friendly businesses and is dedicated to promoting sustainability in all aspects of her work.
Jonathan is a reputable lawyer with extensive experience in real estate law. He is known for providing exceptional legal counsel to clients navigating the complexities of property purchasing and investment. Jonathan has built a solid reputation for delivering peace of mind to his clients through his expertise and professionalism in the legal field.

Episode 31 - Navigating Real Estate in Mexico: Coastal City Insights

In this episode of Dream Retirement in Mexico podcast hosts Risa Morimoto and Taniel Chemsian provide valuable insights into acquiring and owning real estate in Mexico's coastal cities, with a specific focus on Puerto Vallarta.
They discuss the nuances of legal requirements, tax considerations, and neighborhood exploration, offering practical advice for potential property buyers. It's an informative and valuable resource for anyone considering retirement or property investment in Mexico.
 
Host Risa Morimoto, Puerto Vallarta real estate broker Taniel Chemsian, and healthcare specialist Pamela Thompson share their expertise and insider knowledge about the most popular expat destinations in Mexico, basics of buying real estate and healthcare options for foreigners. They will be there to guide you through the process and answer any questions you may have.
To secure your spot, simply visit www.dreamretirementinmexico.com/webinar and choose the date and time that works best for you.
 
Key Moments: 
04:30 Ownership rights secure, heirs inherit property. No probate.
09:22 Renting a condo in Mexico requires tax registration.
12:36 Free webinar offers essential info on Mexican real estate.
15:03 Consult expert, explore diverse areas before buying.
16:59 Exploring off the beaten path in Mexico.

Episode 30 - Navigating Financial Planning for Retirement in Mexico: Tips and Strategies with Bryant Palma

In this episode of Dream Retirement In Mexico podcast our hosts and financial expert Bryant Palma dive into crucial financial planning strategies for retiring in Mexico. From currency exchange considerations to real estate investment insights, the episode emphasizes the need for due diligence and professional advice tailored to individual financial situations.
The discussion provides valuable tips and strategies for navigating the financial aspects of retiring in Mexico, offering a wealth of information for those considering retirement or investment in the country.
 
Interested in learning more about relocating or retiring to Mexico?  
Join our FREE WEBINAR - Dream Retirement in Mexico.   
Host Risa Morimoto, Puerto Vallarta real estate broker Taniel Chemsian, and healthcare specialist Pamela Thompson share their expertise and insider knowledge about the most popular expat destinations in Mexico, basics of buying real estate and healthcare options for foreigners. They will be there to guide you through the process and answer any questions you may have.
To secure your spot, simply visit www.dreamretirementinmexico.com/webinar and choose the date and time that works best for you.
 
Stay tuned for practical insights on retiring and investing in Mexico, and until next time, happy retirement dreaming!
 
Key Moments: 
05:06 Mexico is positioning itself as a go-to country.
09:02 Consider currency and bank options for foreigners.
11:50 Consider using local experts for real estate.
14:42 Currency exchange affects financial planning and priorities.
18:06 Mexico's growth attracts investors seeking stability.
22:10 Notary rules differ in US, Canada, Mexico.
24:55 Notary fees vary by state, shop around.
29:02 Remodeled house led to legal issues. Be cautious.
30:32 Housing prices have doubled, investment in pesos/dollars.
34:56 Mexico offers safe real estate transactions, but caution.
 
 
About the Guest - 
Bryant Palma is a successful entrepreneur and international business professional. After working in the banking industry, specializing in currency exchange, Bryant decided to follow his passion and open his own business. He wanted to provide his clients with a wider range of products and services that he couldn't offer at the bank due to its limitations. Thanks to the support of his clients, Bryant's business has exceeded expectations, reaching the breakeven point in just 9 months, far surpassing the typical 3 to 5 year timeframe for new businesses. Bryant is grateful for the support and looks forward to continued success in his venture. You can connect with Bryant at https://atglegalmexico.com/

Episode 29 - Exploring Puerto Vallarta’s Neighborhoods: A Guide to Retirement and Real Estate Investment

In this episode of Dream Retirement In Mexico podcast, hosts Risa Morimoto and Taniel Chemsian take you on a virtual tour of Puerto Vallarta's neighborhoods, highlighting the real estate opportunities in Fluvial, the romantic zone, and the marina area, while also sharing insights into the 2023 real estate market.
Additionally, Risa and Taniel discuss their personal experiences and property renovations, offering valuable tips for retirees and investors.
 
Interested in learning more about relocating or retiring to Mexico?  
Join our FREE WEBINAR - Dream Retirement in Mexico.   
Host Risa Morimoto, Puerto Vallarta real estate broker Taniel Chemsian, and healthcare specialist Pamela Thompson share their expertise and insider knowledge about the most popular expat destinations in Mexico, basics of buying real estate and healthcare options for foreigners. They will be there to guide you through the process and answer any questions you may have.
To secure your spot, simply visit www.dreamretirementinmexico.com/webinar and choose the date and time that works best for you.
 
Stay tuned for practical insights on retiring and investing in Mexico, and until next time, happy retirement dreaming!
 
Key Moments: 
05:52 Real estate market shows strong travel trends.
09:08 Amapas and surrounding areas see construction growth.
12:12 Investment property tax advice for potential buyers.
15:51 Urban area attracts various demographics with activities.
17:12 Romantic Zone offers varied, limited scenic views.
24:10 Rapid development in the small town of Bucerías.
26:12 Consider pre-construction for rising property values, or rent.

Episode 28 - Navigating Tax Laws Abroad: Reporting Foreign Income and Rental Property Changes in Mexico with Cindy DuChateau

In this episode of Dream Retirement In Mexico podcast, host Risa Morimoto and guest Cindy DuChateau dive into the complex world of expat tax services and the unique challenges of living abroad, particularly in Mexico.
Cindy's firm specializes in US tax preparation and accounting for the American community in Puerto, providing expert guidance on navigating the intricacies of foreign tax laws. The conversation covers crucial topics such as reporting foreign income, changes in digital payment platforms like PayPal, taxation laws related to short-term rentals, and specific IRS forms and reporting requirements for expats.
Listeners gain valuable insights into the implications of these tax changes and the importance of working with knowledgeable accountants who understand the complexities of the international tax system.
Whether you're considering relocating abroad or have already made the move, this episode offers essential information to help you navigate the ever-evolving landscape of expat tax and financial considerations.
 
Interested in learning more about relocating or retiring to Mexico?  
Join our FREE WEBINAR - Dream Retirement in Mexico.   
Host Risa Morimoto, Puerto Vallarta real estate broker Taniel Chemsian, and healthcare specialist Pamela Thompson share their expertise and insider knowledge about the most popular expat destinations in Mexico, basics of buying real estate and healthcare options for foreigners. They will be there to guide you through the process and answer any questions you may have.
To secure your spot, simply visit www.dreamretirementinmexico.com/webinar and choose the date and time that works best for you.
 
Key Moments: 
04:57 US citizens and green holders file taxes annually.
09:20 Rentals subject to VAT tax, source location.
12:17 Report tax ID number for rental property.
19:48 Accounting mess with PayPal; separate personal expenses.
22:41 Form 8858 changes and IRS decision in 2023.
24:16 Report foreign assets, income in complex form.
30:45 IRS leniency on retirement withdrawals, tax deferment. New SECURE Act 2.0 and inherited IRAs. Increased age for required distributions.
33:43 Assisting expats to navigate life abroad.
About the Guest : 
Cindy DuChateau is a dedicated advocate for educating individuals about the complexities of US tax laws for expatriates. With 9,000,000 people currently living outside the United States, Cindy's firm focuses on helping people understand their tax obligations when living abroad. She is passionate about clearing up misinformation and ensuring that individuals are in compliance with US law. Cindy's dedication to education and awareness has helped numerous expatriates navigate the complexities of international tax laws.

Episode 27 - Retiring Abroad in Ajijic and Chapala: Navigating Finances and Healthcare in Mexico with Nannette Thomas

In this episode of Dream Retirement In Mexico podcast, hosts Risa Morimoto and Taniel Chemsian are joined by Nannette Thomas to discuss the intricacies of retiring abroad, specifically in Mexico. The conversation delves into maintaining ties to the US while residing in Mexico, including the importance of having a US address, managing US bank accounts, and handling US income. Nannette emphasizes the significance of setting up wills and trusts for individuals living abroad and recommends opening a Charles Schwab account to manage income while minimizing fees effectively.
Healthcare is a crucial topic, as Nannette discusses her experience with the Mexican health care system, including utilizing Medicare and purchasing a private catastrophic insurance plan. She underlines the necessity of having a plan in place for unexpected illness or death while living abroad, stressing the importance of comprehensive coverage and proper preparation. The episode also provides a detailed view of daily life in Mexico, exploring the diverse cultural experiences, adjustments to smaller town living, and the efficiency of services and infrastructure. 
Nannette shares her personal living situation and the cost of living in Mexico, offering valuable insights into the lifestyle options available in the area. Listeners are treated to an informative and engaging discussion, offering practical guidance for those considering retirement abroad, particularly in Mexico. Nannette's expertise and firsthand experiences provide a comprehensive understanding of the financial and healthcare considerations of pursuing a dream retirement south of the border.
 
Interested in learning more about relocating or retiring to Mexico?  
Join our FREE WEBINAR - Dream Retirement in Mexico.   
Host Risa Morimoto, Puerto Vallarta real estate broker Taniel Chemsian, and healthcare specialist Pamela Thompson share their expertise and insider knowledge about the most popular expat destinations in Mexico, basics of buying real estate and healthcare options for foreigners. They will be there to guide you through the process and answer any questions you may have.
To secure your spot, simply visit www.dreamretirementinmexico.com/webinar and choose the date and time that works best for you.
 
Key Moments: 
03:38 Expats in the Lakeside region near Guadalajara.
07:30 Adapting to small town life without fast food.
10:26 Friend faced internet transfer issues, communication challenges.
19:42 Plan your appointments and shopping efficiently.
28:06 International insurance and emergency evacuation coverage options.
33:02 Crisis motivates, valuable experiences, US-Mexico.
About the Guest - 
Nannette Thomas was born and raised in Philadelphia, Pennsylvania, but spent the majority of her adult life in Los Angeles, California. After retiring from the Los Angeles Unified School District, she moved to Atlanta, Georgia to escape the high cost of living in LA. Disheartened by the political climate in the US, Nannette began exploring options for living abroad. She considered countries in Central and South America, as well as Mexico, before deciding to seek a new life outside of the United States.