Is the Expat in Mexico Dream Over?
Is the "ex-pat" dream in Mexico dying?
Over the last few years, more and more people have decided to move to Mexico, for many reasons. The most important for many, the low cost of living in Mexico.
The fluctuating exchange rate, paired with inflation, influences the cost of living in Mexico significantly. However, many ex-pats or immigrants have their savings in dollars or receive their income in the same currency. Therefore, they are directly affected by these exchange rate shifts.
In the past years, we also saw a surge in videos on YouTube about gentrification in Mexico City and other areas across Mexico too.
What's happening now that the Mexican peso is getting stronger and inflation too?
If you are considering a move, or just curious about the Mexican situation, this video offers you another insight that you might consider interesting.
I’d love to hear your thoughts in the comments!
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