Retirement In Mexico: Live by Design with Taniel Chemsian

Episode 48 - Making Puerto Vallarta Home: Twyman and Jesse’s Journey to Finding a Condo and Retiring in Mexico

In this episode of Dream Retirement In Mexico podcast, host Risa Morimoto dives into the adventurous journey of Twyman and Jesse, who recently made the vibrant city of Puerto Vallarta their permanent home.
From confronting bureaucratic hurdles to retrieve a visa stamp and adjusting to the local climate to navigating the real estate market, our guests share their comprehensive experience. They discuss the initial allure of Puerto Vallarta's oceanside beauty, decision-making process behind purchasing a condo, and the unexpected challenges they faced along the way. 
Whether it's managing documentation for setting up utilities, understanding residency requirements, or adapting to a new culture, Twyman and Jesse's story is a treasure trove of insights for anyone considering making Mexico their retirement haven.
 
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: 
04:16 Couple's special memories and milestones in PV.
08:23 Moving to Mexico, the new building provides reassurance.
11:55 Confusion at consulate over stamp request.
13:37 Rushed to get dogs, found them accidentally.
19:14 Hindsight: Prepare proof of residency in advance.
22:41 Online shopping limitations in Mexico, budget adjustments.
23:55 Patience and acceptance are essential in life.
28:44 Adapting to living in Mexico, expat experiences.
29:41 Finds connection in Mexico, embraces challenges.
 
About Twyman and Jesse -
Twyman, originally from Kentucky, and Jesse, a California Bay Area native, met in San Francisco and have been together for 12 years and married for 8. Twyman, a finance executive and Jesse, a corporate creative, followed their careers from San Francisco to Seattle, back to San Francisco and eventually landing in Palm Springs during the pandemic. The pandemic brought increasingly stressful demands for Twyman’s career and a layoff for Jesse. This, and the blistering desert heat, caused the two to begin examining their lives to evaluate how to create a healthier, better quality of life. Jesse decided to fulfill a long-time desire to be in service to others and become a wellness coach and Twyman determined that he was ready to release his career and to embrace life more fully. With a new liberated mindset, the two decided that living anywhere would now be possible. Mexico had been a special place where they celebrated birthdays, their first Christmas together and their honeymoon so it seemed like the perfect place to relocate and celebrate this new phase of their lives.

Episode 47 - Securing Your Dream Retirement Home: Insider Tips for Buying in Mexico

In this episode of Dream Retirement In Mexico podcast, join hosts Taniel Chemsian and Risa Morimoto as they delve into the essential insights for securing your dream retirement home in Mexico. From discussing the unique aspects of real estate transactions within Mexico's coastal and inland regions to understanding the importance of real estate trusts for foreign buyers, this episode covers all the critical information potential buyers need to navigate the Mexican real estate market effectively.
Whether you're considering a coastal retreat or a city residence, learn the insider tips on transaction processes, selecting reliable real estate professionals, and managing investment properties for rental use. Don't miss these valuable pointers that could help you smoothly secure your slice of paradise in Mexico.
 
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: 
00:10 Real estate trust allows for multiple beneficiaries.
04:11 Real estate professionals share essential tips.
09:00 Having the right team is absolutely crucial.
12:25 Get facturas for home renovation tax deductions.
16:18 Lock houses are great for investment units.
18:45 Interview agents, discuss budget, create wish list.
21:39 Identifying, offering, closing on property, timing varies.
24:12 Versalles becomes a culinary hub with new restaurants.

Episode 46 - How to Earn Rental Income in a New Mexican Vacation Condo in Puerto Morelos with Pedro Morales

In this episode, host Risa Morimoto and the guest Pedro Morales, project director of the upscale Inna Beach Condo and Hotels in Puerto Morelos dives into the details of how you can turn a luxurious Mexican vacation home into a profitable rental property.
Pedro discusses the advantages of the condo hotel model, the extensive amenities offered, and the professional hotel management that allows owners to earn a substantial rental income, potentially achieving a 6-8% return on investment.
Whether you're looking to spend your winters basking in the sun or seeking a smart investment opportunity, this episode provides essential insights into making your dream retirement in Mexico a financially rewarding reality.
 
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:
05:41 Convenient location with easy access to amenities.
07:14 Unique condo hotel concept in Riviera Maya.
12:03 Oceanfront property in Miami with worry-free maintenance.
15:02 Guests responsible for damages, hotel offers control.
17:17 HOA covers property maintenance, insurance, and operational costs.
21:15 Real estate investment, potential 30% capital gain.
29:20 Luxurious residential development with private pools.
31:01 Flexible ownership with potential rental income offered.
35:52 Quality building, pricing details, timeline expectations discussed.
38:36 Prices are determined by supply, demand, and investment.
43:22 Explore INNA Beach Condo hotels at dreamretirementinmexico.com.
About the Guest -
Pedro Morales, a native of Veracruz, originally studied civil engineering with aspirations of shaping public infrastructure. However, an internship with a major real estate development firm in Mexico City shifted his path toward the private sector. Drawn by the compelling influence of high-quality residential and commercial spaces on community revitalization, Pedro swiftly moved into real estate development. His proficiency expanded into market analysis and strategic sales, which he leveraged to transform undervalued areas into sought-after locales.
Today, Pedro is the guiding force behind INAH Beach Condo and Hotels in Puerto Morelos. This development encapsulates his vision of combining luxury living with sustainable tourism, attracting retirees from across North America and Europe to this serene coastal town. Pedro's transition from engineering to real estate development highlights his adaptability and dedication to enhancing lifestyle through thoughtful property projects.

Episode 45 - Maximizing Your Social Security for Retirement in Mexico: Tips and Insights

In this episode, Risa dives deep into the practicalities of stretching your dollars to live comfortably in Mexico.
Risa discusses the feasibility of relying solely on Social Security, budgeting essentials, cost comparisons for various Mexican cities, and navigating the residency visa process with proper financial planning.
Whether it's finding affordable housing, understanding healthcare options, or leveraging local perks like inexpensive services, this episode is packed with actionable advice to make your dream retirement a reality.
Plus, don't miss out on our exclusive tips for additional income possibilities and much more. 
 
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: 
00:10 Shop local, use public transport, expect expenses.
05:15 Consider saving money, and live in Mexico instead.
08:45 Living comfortably in Mexico for less than $2,000/month is possible.
12:19 Complex process for Mexican residency and savings.
14:10 Consider selling your home, renting in Mexico.
18:29 Remote work options in Mexico offer flexibility.

Episode 44 - Uncovering the Allure of Cabo Rental Properties with Michele Poirier

In this episode of Dream Retirement in Mexico podcast, host Risa Morimoto welcome Michele Poirier who shares invaluable insights about property management and renting in Cabo San Lucas.
Michele started a property management business after moving to Cabo from Canada, and now manages 14 homes. She highlights the safety and amenities of living in Cabo, discussing her own 1200 sq ft rental in a gated community and pointing out the rental process challenges, pricing, and adjustments to Mexican life.
Michele emphasizes the importance of making a gradual transition to Mexico, considering the technicalities of managing phone numbers, emails, and banking. She provides practical advice for those straddling life between two countries and stresses that the rental agreements, usually in Spanish, require a deposit and references. With rental market expectations and cost breakdowns—including how her company, Proper Savvy Property Management, assists in managing homes, listing on platforms, and handling maintenance—Michele paints a comprehensive picture of the property landscape in Cabo.
The episode also touches on additional services like stocking groceries and managing bills and the benefits of Airbnb stays in exploring local areas.
 
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: 
00:10 Couple moves to Cabo, starts a successful business.
04:58 Successful vacation rental business.
07:54 Challenges of managing utilities and annual fees.
19:02 Key property management questions, small details matter.
20:17 Three-month rental equals short vacation rental.
23:37 Cabo living: safe, options, furnished places available.
29:03 Smooth lease signing, expect delays in moving.
30:30 Transitioning to Cabo: Challenges and Lots of References.
 
About the Guest -  
Michele Poirier, originally from Calgary, Canada, found her entrepreneurial spirit unexpectedly ignited by the warm breezes and azure skies of Cabo San Lucas. What began as a simple life change, in pursuit of security and sun, evolved into a thriving property management venture she hadn't anticipated. Michele, alongside her husband, stumbled into the niche market of property management by managing a single property, which quickly expanded as they recognized the growing demands of Mexico's housing market.
Their business, Proper Savvy Property Management, grew organically from personal need to a professional service overseeing 14 homes. Bridging the gap between homeowners desiring passive income and vacationers seeking the perfect escape, Michele adapted and flourished in her newfound role. What started as a lifestyle choice turned into a professional calling, marking Michele's journey with the hallmarks of adaptability and the unexpected joy of finding one's niche in a foreign land. Her story is one of turning a spontaneous life move into a prosperous and unexpected career south of the border.

Episode 43 - Navigating Real Estate Investment in Mexico's Riviera Maya: Opportunities and Pitfalls with Susi MacDonald

In this episode of Dream Retirement In Mexico podcast,host Risa Morimoto and real estate maven Susi MacDonald tackle the intricacies of investing in Riviera Maya's booming property market.
Susi emphasizes the necessity of thorough research and transparency in dealings with developers, highlighting due diligence and the need for a licensed realtor. They discuss the importance of respecting the local environment and community, and Risa notes practical aspects of oceanfront properties, including maintenance costs.
Susi points out the impact of the Federal Highway B 307 and new developments planned in the region. Financing options for foreigners, selecting reputable developers, and the benefits of legal representation are also covered.
The episode also introduces the innovative concept of a new condo hotel in Puerto Morelos, balancing hotel convenience with the comforts of home for potential investors.
Risa recounts her experience of the region's growth through her trip to Cancún and Playa del Carmen, reinforcing the region's appeal for real estate investment in the wake of infrastructural developments like the Mayan train. Both speakers provide valuable advice for listeners looking to invest in Mexico’s Riviera Maya safely.
 
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: 
00:10 Exciting completion of huge infrastructure projects in Mexico.
06:27 Cancún: metropolitan city with infrastructure improvement.
07:51 Diverse routes needed for Tulum's growth plan.
10:30 Consider your needs and budget when choosing.
13:58 Key aspects of developer stability and funding.
17:06 Location crucial for condo hotel rental experience.
22:45 Oceanfront condo hotel in Puerto Morelos, Mexico.
24:41 Pre-construction financing via wire transfer with terms.
29:46 Inquiring about social and environmental responsibility in development.
33:55 Find licensed, trusted realtors in each area.
34:50 Thoroughly discuss investment with agents for success.

Episode 42 - Exploring Puerto Vallarta Real Estate: Trends, Opportunities, and Investment Insights

In this episode, our hosts Risa Morimoto and Taniel Chemsian deep dive into the burgeoning real estate market of Puerto Vallarta.
They shed light on the appealing investment opportunities that lie in the expansive ocean view condos of Lázaro Cárdenas and the hidden gems within the rapidly evolving neighborhoods of Versalles and Fluvial. 
Listen in as they share invaluable tips for prospective buyers considering the Mexican market, from understanding the regional climate to navigating property transactions. 
The episode features exclusive insights into the fast-paced growth of the romantic zone, its effect on surrounding areas, and the promising shift in market dynamics. Discover why 2024 could be an opportune time to invest, the realities of the Bahía de Banderas market post-recession, and strategies for managing vacation rentals compliant with local laws. 
Whether you're looking to retire, relocate, or invest in Mexico, this episode is packed with expertise and advice to guide you toward your dream retirement.
 
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: 
09:49 Cities outpace government, supply and demand issues.
13:18 Older properties in the romantic zone appreciate significantly.
16:41 Evaluated condo, almost caught by a nosy owner.
19:28 Verify info by consulting a reputable real estate agent.
22:07 Versalles neighborhood transforming with modern amenities.
24:41 Bahía de Banderas, Airport, Versalles, Fluvial, romantic zone.
28:32 Lázaro Cárdenas: Traditional with modern amenities, affordable.
32:07 Prepare, research, and tour before buying property.

Episode 41 - Renting Property in Mexico: A Comprehensive Guide for International Tenants

In this episode of "Dream Retirement In Mexico," host Risa Morimoto shares a comprehensive guide on renting property in Mexico. She emphasizes the importance of understanding the rental market dynamics and legal aspects and provides essential tips for finding and renting the perfect property hassle-free.
Risa covers various rental locations, property types, and resources to streamline the search process and the critical steps involved in initiating the rental process and understanding tenant rights.
Listeners will gain valuable insights into confidently navigating the rental market in Mexico and securing their dream property. Stay tuned for expert advice and practical tips to make your Mexico rental experience exciting and rewarding.
Some of the rental websites she recommends for research or finding properties are
www.airbnb.com
www.vrbo.com
www.vivanuncios.com.mx
www.inmuebles24.com
mercadolibre.com.mx/l/metroscubicos
www.homie.mx/inmuebles
 
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: 
00:10 Renting property in Mexico guide for newcomers.
04:45 Short term vs. long term rentals in Mexico
09:27 Research property management, rental process, Mexico tenancy.
10:50 Consult real estate attorney, review lease carefully.
16:07 Notify the landlord and maintain a positive relationship. Be patient.

Episode 40 - Temporary vs. Permanent Residency in Mexico in 2024: A Financial Guide with Dr. Gabrielle Smith

In this episode, residency expert Dr. Gabrielle Smith delves into the essentials of securing residency in Mexico.
She shares her extensive knowledge and personal journey, providing insights into the financial prerequisites and procedural intricacies for both temporary and permanent residency.
Discover the common pitfalls to avoid, the importance of attention to detail when applying, and strategies for a successful transition to life in Mexico. If you're contemplating making Mexico your home, this episode offers invaluable guidance to help navigate the complexities of the immigration process.
 
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: 
06:53 Growing trend of frequent short-term international travel.
11:54 Consulate appointments and financial thresholds vary widely.
14:24 Verify, apply, and meet specific financial requirements.
20:35 Permanent residency requires retirement age, financial threshold.
21:43 Qualify with 6 months income or 12 savings.
26:58 Unable to access pension until reaching an eligible age.
28:46 Apply for permanent residency in Mexico City.
33:34 Delays in visa validation process, attention to details.
37:02 Clients use consistent addresses for immigration purposes.
37:47 Advised to change address due to legal requirements.
43:26 Correct visa display essential for smooth processing.
46:04 Immigration process in Mexico City offices described.
56:37 Mexican citizenship through marriage and children.
About the Guest - 
Dr. Gabrielle Smith's career trajectory took an unexpected turn when the global pandemic brought her academic endeavors to a halt. Known for her adaptability and preference for warm weather—often found in short sleeves regardless of the cold—she faced job loss due to economic strains caused by the pandemic. Undeterred, Dr. Smith sought new opportunities and through a friend’s suggestion, discovered a niche in visa assistance services. Leveraging her academic expertise and new knowledge in immigration, she reinvented her professional path, showing remarkable resilience and dedication to helping others navigate their way through challenging visa processes. Her story is a powerful example of adaptability in the face of unforeseen circumstances.

Episode 39 - Exploring Real Estate in Mexico for Your Dream Retirement: Pros and Cons of Pre-construction

In this episode, host Risa Morimoto breaks down the pros and cons of buying pre-construction in Mexico, shedding light on crucial considerations for anyone looking to retire or live in this vibrant country.
From lower initial costs to potential for appreciation and customization options, she explores the advantages while also highlighting concerns such as construction delays, uncertain surrounding developments, and legal and regulatory risks.
Join us as we uncover the nuances of investing in pre-construction properties in Mexico and gain valuable insights into making informed decisions for your dream retirement.
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: 
03:22 Buying pre-construction in Mexico: pros and cons
06:37 Pre-construction deals including hotel-style spaces and guarantees.
11:26 Select an experienced agent, research, understand risks.