Live by Design: Mexico Edition (with Taniel Chemsian)

Episode 51 - Why Puerto Vallarta is Ideal for Retirees: Benefits and Drawbacks

In this episode, host Risa Morimoto explores both the attractions and challenges of retiring in Puerto Vallarta (PV), Mexico. Drawing from over ten years of visits, Risa explains why this vibrant city consistently ranks high for retirees.
Risa highlights PV’s stunning natural scenery, where the Sierra Madre Mountains meet the vast Banderas Bay, offering a unique blend of beach and mountains. The city's culinary diversity, with numerous restaurants serving global cuisines, is another major attraction. Puerto Vallarta’s colonial charm, rich wildlife, and ideal winter weather further boost its appeal.
The welcoming local community, both Mexican and expatriate, adds warmth to life in PV. The convenience of American stores, fresh and affordable produce, and high-speed internet also enhance living standards. 
However, Risa also points out the downsides. The aggressive timeshare sellers at the airport, increasing traffic, "gringo pricing," and overwhelming crowds during high season can be off-putting. The intense summer heat and humidity are additional challenges.
Despite these drawbacks, Risa emphasizes that Puerto Vallarta offers a remarkable combination of natural beauty, cultural charm, and modern amenities that attract many retirees. She encourages listeners to visit during different seasons for a well-rounded experience and invites them to explore more resources via the Dream Retirement in Mexico platforms.
 
Want to learn more about purchasing real estate in Mexico? Join our FREE WEBINAR!
Host Risa Morimoto, a seasoned expert in Mexican retirement, Puerto Vallarta real estate broker Taniel Chemsian, and healthcare specialist Pamela Thompson, renowned for their knowledge and experience, 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: 
05:55 Love charming neighbourhoods but be careful walking. Enjoy Mexican colonial charm and whale watching.
09:10 Local Mexicans in Vallarta are warm, generous, and funny.
12:04 Strong, cheap internet in Mexico attracts tourists.
15:05 Tourist areas often charge higher prices.
18:33 Noise in Taurus. Quiet in the mountains. Love Vallarta.
19:35 Visit Vallarta, meet people, try restaurants, relax.

Episode 50 - Best Eight Mexican Cities for Retirees with Cooler Climates and Rich Culture

In this episode, our host Risa Morimoto explores the top 8 cities in Mexico for retirees who prefer cooler climates. From the historical charm of Guanajuato to the cultural richness of Puebla, she delves into the vibrant expat communities, affordable cost of living, and high-quality healthcare options available in these retirement destinations. 
She highlights the unique features and attractions of each city, providing valuable insights for those considering retiring in Mexico. Stay tuned for expert tips and recommendations on making your dream retirement in Mexico a reality.
 
Want to learn more about purchasing real estate in Mexico? Join our FREE WEBINAR!
Host Risa Morimoto, a seasoned expert in Mexican retirement, Puerto Vallarta real estate broker Taniel Chemsian, and healthcare specialist Pamela Thompson, renowned for their knowledge and experience, 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:
05:15 Lower cost of living, quality healthcare in San Miguel de Allende
08:48 San Miguel de Allende: Safe and vibrant city.
10:34 "Querétaro: Vibrant city with history, culture, convenience."
20:18 Guanajuato: central city with rich history, accessibility.
25:41 Guanajuato offers parks, golf, transportation, shopping, education.
29:11 Puebla: Historic, cultural city with vibrant festivals.
35:43 Mexico City: Aztec history, multicultural vibrancy, traffic.
44:30 Ajijic: Scenic landscapes, rich cultural heritage, entertainment.
47:43 Tepoztlán: Handcrafted goods, natural beauty, rich culture.
51:20 Cuernavaca: Accessible, mild climate, and natural wonders.

Episode 49 - Move to Puerto Vallarta Mexico: Unlocking Healthcare and Lifestyle Secrets with Mark and Kirsten Raccuia

In this episode, host Risa Morimoto is  joined by Kirsten and Mark Raccuia, who share their incredible journey from Malaysia to Mexico’s vibrant Puerto Vallarta. They open up about the stark differences in healthcare costs between the US and Mexico and offer insightful advice for anyone considering moving to Mexico.
Learn about their transition from renting to finding the perfect home, the local culture, and the affordability of life in Mexico. They also reminisce about the friendships built during nearly a decade, the lively atmosphere they've found in their new Mexican paradise.
Whether it’s enjoying affordable beachside tacos or experiencing the charm of local markets, this episode is packed with practical tips and heartwarming stories that could inspire your own retirement dreams in Mexico. Tune in and let’s explore the joys and possibilities of expat living.
 
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: 
05:11 Moved to Penang, made lots of friends.
07:38 Seeking oceanfront living for relaxation and enjoyment.
10:37 Nostalgic neighborhood services create old world charm.
13:28 Transition to freedom from COVID restrictions felt liberating.
22:47 Affordable street food and occasional fancy dining.
30:16 Visit Mexico, but research before committing.

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.