| | | | | to authorize this type of deal. |
| For Americans planning a Mexico retirement, there | | | | |
| could be some great news coming up; the President | | | | Those looking ahead to plan for retirement during |
| of Mexico, Felipe Calderon, is planning to discuss the | | | | these upcoming decades will do well to do so, |
| possibility of expanding Medicare coverage to | | | | whether the Medicare deal is made immediately or |
| Mexican hospitals with U.S. officials this week (May | | | | not. Favorite property options for retirees include |
| 19, 2010) This move would make the prospect of | | | | Playa del Carmen land, for those who have the time |
| buying real estate in Playa del Carmen to plan for | | | | to invest in building their own dream home for the |
| retirement even more attractive than it already is. | | | | most relaxing years of their lives. |
| | | | | |
| One major attraction for retiring in Playa del Carmen, | | | | Another attractive option is Playa del Carmen |
| as well as other parts of Mexico, has already been | | | | Condos. Condos include maintenance, which is a |
| the cost of healthcare, which is, on average, about | | | | bonus when thinking of retirement. They also allow |
| 70% cheaper than in the U.S. The current move on | | | | the option of income from rental – either |
| the part of the Mexican government would seek to | | | | vacation rentals or long term – which is ideal for |
| have more hospitals certified by the U.S. Joint | | | | those who wish to buy their condo before |
| International Commission (JIC), guaranteeing that | | | | retirement and help cover ownership expenses in the |
| they meet U.S. standards for hospitals. Eight Mexican | | | | meantime, and likewise for retirees only coming down |
| hospitals have already been certified, and a few | | | | for part of the year. |
| more are in the process. | | | | |
| | | | | President Calderon has stated that if the Medicare |
| The JIC certification could lead to these hospitals | | | | proposal does not move ahead this visit, he will bring |
| being authorized to be covered by Medicare. This is | | | | it up again in the future; as mentioned above, this |
| excellent news for millions of Americans who will be | | | | arrangement will also continue to be more attractive |
| retiring in the next few decades. Currently the there | | | | for the U.S. government, and when it goes through, |
| are about 40 million retirees; by 2050, experts say | | | | buyers who invest now will be set to enjoy their |
| there will be about 90 million. As these numbers | | | | retirement in Playa del Carmen with that added |
| grow, and there is more strain on the American | | | | convenience. |
| system, it will be more and more attractive for | | | | |
| retirees to head south, and even for the government | | | | TOPMexicoRealEstate. |