Blog | Monday, August 19, 2024
Making an international move from the US to Mexico comes with challenges, but with the proper planning, you can streamline the process and minimize hiccups.
Statistics show about 700,00 Americans now call Mexico home, which is the highest concentration of American expats living outside the US. Moving to Cabo or surrounding areas like East Cape is particularly attractive as the southernmost point of Baja offers stunning views, tropical temperatures, and luxurious homes like those found inside the prestigious Costa Palmas community.
Before we get into relocation tips, if you’re moving to Cabo from the States, you might wonder what it will be like. Take a look at the key takeaways:
The cost of living in Mexico is lower than in the US. While your monthly living expenses will depend on the home you purchase and your lifestyle, the average monthly cost for a family of four, not including rent, is $2,339, according to Numbeo.
However, the cost of living will likely be higher in Cabo, as it’s considered a more expensive Mexican city to reside in.
Do your homework. Research the cost of living and compare it to your income.
Cabo, and its neighboring areas like East Cape, marry Aztec and Mayan traditions with a dash of European and Western influence to create a true melting pot of culture. Embrace new holidays like Dia de Los Muertos (Day of the Dead), explore historic architecture, and wear traditional Mexican fabrics like Chinantec that are fused with vibrant colors.
Few places can match Cabo’s food and drink scene. Brimming with homemade recipes handed down for generations, you can spend months tasting entrees, sides, and cocktails. Aren’t sure where to start? Cabo is known for its Mexican chocolata clams, shrimp and fish tacos, Pitahaya, and festive tequila-based drinks.
Whether you’re moving into a custom-built private villa inside Costa Palmas or a sophisticated studio with an open-air terrace in Casa Blake, here are a few tips to make your move as organized as possible:
Moving to a new country requires paperwork. To start, apply for or renew your passport. You’ll likely need this document to process others, like a visa. An F3 Visa lets you stay in Mexico for six months, but if you plan to stay longer, you’ll likely need an F2 Immigrant Visa. Again, it’s best to consult an immigration professional who can tell you exactly what you need and how long it will take to get them.
Moving to a new city or state is hard enough, but moving to a new country involves more logistics. Give yourself at least a six-month runway, or consider hiring someone to manage the move for you.
How will you get your belongings to Mexico? Do you plan to ship them? Hire professional movers? Maybe you plan to rent a storage unit in the States and only take certain items with you.
Make a list of belongings you plan to take. If you plan to take a few suitcases of essentials and buy furniture when you’re there, that’s a lot different than moving a bed, couch, crib, and dressers.
Research international movers, if needed. Get quotes from several companies and make sure the one you choose is licensed, bonded, and has good reviews.
Do you plan to fly or drive? If you fly, it’s a good idea to book tickets several months in advance. Research luggage regulations too. If you plan to take several suitcases, for example, know what it will cost you.
If you fly, will you need to relocate your car to your new place? If so, you may need to work with a professional vehicle shipping company.
Many expats keep their existing bank account, at least to start with, and get an international credit card to help avoid foreign transaction fees. You should notify your bank about your move so they don’t flag your account or suspend your purchasing power.
You’ll likely need a new phone plan. If you keep your existing plan, you could see extensive out-of-network fees. If you’d rather keep your current number, you can consider virtual phone service providers.
If you’re moving to Mexico for a new job, health care may be taken care of by your employer, giving you access to the country’s public healthcare system. However, that’s not the case for everyone. You may need to invest in international health insurance to find comparable coverage to that found in the US.
Moving to Cabo means paying Mexican taxes. Check in with your accountant who can help you understand tax laws. While you can certainly do your own research, tax codes are complex and vary significantly by city and state.
If you plan to bring a dog, cat, or other pet with you, visit your vet to get updated vaccinations and records. Research vaccination requirements for flights and customs to ensure you have everything you need before reaching the border.
Most people go online to search for new homes. While that’s a great starting point, it’s a good idea to reach out to a realtor and talk about what you’re looking for. By doing so, you can open up new possibilities beyond public listings.
For example, private residences and villas are available inside Costa Palmas’ bespoke community. With elegant designs that embrace the natural beauty of the area, buyers are often drawn to the variety of elite options on the 1500-acre property.
Want to learn more? Check out the real estate options that are available at Costa Palmas, and picture yourself at home in this beachside paradise.