What Does Retirement in a Mexican Privada Look Like? 🇲🇽 Living in Merida Yucatan Mexico
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- čas přidán 1. 07. 2024
- Today we hang out with my good friends David & Dora! They will give us a tour of their home, the privada, and also sit down with me for an interview talking about how they ended up in Merida Yuactan Mexico. Learn How to Maximize your Retirement by Moving to Merida Mexico #Mexico #retirementplanning #meridayucatan
00:00 Complete Home Tour
21:30 Interview with David & Dora
59:07 Walking Tour of Privada
José Miguel Novelo jmnovelo@mxlegalandtaxes.com Your Favorite Mexican Lawyer
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To answer people who asked the following questions:
Location = Temezon Norte, Merida
Lots Available = 10 (180 lots already purchased in total)
Monthly HOA = $97 (includes garbage, water and use of all amenities - gym, large community pool, kids park, community center )
Monthly Electric average $150 per month
Gas tank refill = $60 which last 6 months
There is no recycling of waste in Merida
New MG SUV basic model =$20,000
Gasoline = $5 per gallon
Car Insurance = $600 annually
Home Owners insurance = $2,000 annually
Rentals are widely available and there are agents you work through as a foreigner. We paid $700 a month for a two bedroom home before we purchased this home.
Feel free to ask me more question in this comment thread. Dave
Thank you so much for sharing even more details!
Those amounts are in dollars or pesos?
@@smnyrup US Dollars
So $97 dollars per month for HOA?
$150 dollars per month on electricity seems a little higher for Merida. At the Mexican border with US they pay $120 for two months.
Car insurance $600 dollars per year?
Home insurance $2000 dollars per year?
This is Dave from the video and I'm providing you with some recent updates on the following expenses in USD:
HOA = $98 per month, covers all trash, security, gym facilities, pool, and outdoor maintenance
2023 Annual Property Taxes = $323
ANNUAL FIDUCIARY FEES (for Bank to hold property title for foreigner) = $493
Hola Dave! Thanks so much for the New Years update!
Your wife's paintings are wonderful 👍
Thank you so much!
This is one of your best videos ever Jose. Their house is gorgeous. They also are so friendly and have such generous spirits to share the cost and to show their home. My budget is half there’s, but their house is way more than I need. This gives me hope that I can find something I”ll love in my budget.
Keep doing what you do Jose.
Glad you enjoyed the video so much and that it was so helpful! Good luck on your Mexican adventure!
You can live here very comfortably on half of our budget.
@@st_rocco1060I wil visit this Prevada when I come down! I do not want to live near the beach.. I would like to live near in a higher altitude area of the Yucatán.
Dora and David, thank you for the tour of your beautiful home.
Glad you enjoyed it!
You’re welcome Fannie
@@st_rocco1060 Dave do you know anything about how the finger limes grow or if they grow in Mexico?
Great interview. We made the decision late last year to have a home built in a privada en elnNorte which will be ready in November. We have an interesting story so when its all said and done you can come and do another an interview with us and we can give u our perspective. Enjoying the content!
Awesome! Congratulations! You know where to reach me!
please let us know when you do this video, it will be nice to have another point of view and a diffrent approach maybe. Thank You!@@JoseArteagaTravels
Beautiful home, beautiful couple. Thanks for sharing your experiences and beautiful home. We left USA 2021 also and never looked back. Pura Vida 😊
Thanks for sharing! Viva Mexico!
Nice video Jose! I'm also from California now living in Mexico City perfect weather for me! , in LA for 40 years also, grew up in the midwest and fled to CA, the way things are going in LA it is time to bail out! The costs have gotten so outrageous in LA almost impossible to live there. Costs have risen so substantially it is hard to survive. No longer is the American Dream that possible for many especially retirees and older folks. Beautiful home and lovely people.
That is awesome! Congratulations! Glad you enjoyed the video! Saludos!
You hit the nail on the head zenmaiden. We had a very similar experience living in SoCal before coming to Merida. It was getting so hard to live there and so many things are changing in a negative way. We are so happy to have “gotten out” and after being here for two years I can honestly say things have worked out way better than we could have ever imagined.
@@st_rocco1060 Great Interview. Is there a way I can email you. I plan on purchasing a house in Merida.
Nice home. Your wife is a talented artist. Good to see you both in a video together again. Thanks for video 👍🇲🇽. They need more of your wife’s art to cover blank walls
Yes she is! Glad you guys enjoyed the video!
Many thanks to the lovely couple for opening their home for us to see and giving us all a great idea of real costs!!
Glad you enjoyed it!
@@JoseArteagaTravels many props to you Jose. Your hustle to grow your channel really shows!! Much continued success!
You’re welcome! We enjoyed doing this video with Jose. I was once in your shoes trying to learn as much as I could before arriving here. Jose’s wealth of videos on so many topics was a real blessing for us.
Great video! Loved the lady of the house, such great energy! Lovely couple! Wishing them all the best! We are starting to look at renting for short periods of time at different places. Not sure even where to start, air b&bs are like 200$US per day??? Any suggestions?
Please tell Dave and Dora thanks a million for sharing all the financial details, it really helps give a frame of reference when trying to determine the affordability of living in Merida. Absolutely, gorgeous home and community.
Awesome! Will do! Glad the video was so helpful!
Thank you for showing us this beautiful family and house!!!
Glad you enjoyed it!
Fantastic couple. They created a beautiful home.
This content adds so much value on how things work to buy a house. What it comes with, what it doesn’t and what you can do to put your own stamp on it.
It was super that they included the price of everything so everyone can learn.
Love to see more videos like this.
Gracias.
Awesome! So glad to hear you enjoyed it so much!
Beautiful people, souls all of you are! Very inspiring! Blessings
Thank you so much!
I’m Mexicana living in Alaska for 25 years and I’m coming back to Mexico to work in my profession I studied in Mexico cause USA is getting crazy with the actual Gov3rment
Wow Alaska! Thats awesome! Thanks for sharing!
a 4 bed 5 bath house with custom kitchen, doors and cabinets in the US with a pool would easily run you $800,000 and over a million in some locations. The fact they got all of this for 400g, which included 15g in closing costs and taxs, so really only 385g is amazing.
I totally agree! What a Bargin! Thanks for sharing!
Great video Jose! Dora and David are a very nice and interesting couple with a beautiful home and surroundings. Very nice tour and interview. Another well done video, thanks again!
Thanks! Glad you enjoyed it!
Thank you Jose! We enjoyed seeing you, your wife, and a very nice neighborhood and family :).
Thank you very much! Glad you enjoyed it!
This is a dream home!! Wow!!! The price of the cabinets only ..what a deal!!
Balcony..oh yes...!!!
Me and you say !! Wawooooo!!! The same..love you❤
That is awesome! I totally agree an amazing home! Glad you enjoyed it!
This couple is so lovely. You can feel their joy and calm in this video. Their home is beautiful. I love that they are so close to Progresso. I’ve been curious about the homes near the beach. Jose we love seeing your talented and beautiful wife.
Thank you so much for the kind words! Glad you enjoyed the video!
Thank you so much Jose and guys. That's a wonderful place. Blessings. Greetings from Guadalajara Jalisco México
Glad you enjoyed the video! Saludos!
SHE STUDIES THE BIBLE, HOW NICE !
They both do! 🙂
I would like to know what Churches are close by. Español está bien porque yo puedo entender mucho, especialmente si es de la Biblia.
I’m Dave from this video. The nearest town immediately outside our Privada is Xcanatun which has a small Catholic Church I sometimes attend. There are numerous Catholic Churches all in and surrounding Merida
@@st_rocco1060 Hey Dave, I really like the idea of having a group of folks to play poker or other games with... I think your life is great! My husband is Mexican, but he lived LONGER in the US than here in Mexico, we both retired recently and are looking for a community where we can grow a garden, because we both love growing things and got spoiled with a 2 plus acre home in the US... We are traveling around Mexico currently but haven't made it to Merida yet... Also having trouble getting my husband to "let go" of everything in the states!
So beautiful! Thank you for sharing this info and the options!
Glad it was helpful!
Charming hostess, lovely home. Thanks!
She is the best! The Hostess with the Mostess!
Great share Jose! Gracias.
Glad you enjoyed it!
WOW an excellent interview you hit it out of the park.
Thank you! Much appreciated!
Thank you Jose for a.Awesome interview and tout. and this Beautiful Couple for letting us into their Lovely home! Congratulations and God Bless❤🙏🏽
Glad you enjoyed it!
Such a sweet couple. Thank you for sharing your story. So happy for you. Love from the USA♥
Thank you so much! Saludos!
Beautiful! Thanks for sharing.
You are so welcome! Thanks for watching!
Thank you for this video, I enjoyed it very much. They are a lovely couple and the house is beautiful! Blessing to them and may they continue to enjoy all that Mexico has to offer💕
Glad you enjoyed it!
Thank you Jose! Beautiful video ..nice couple! I really enjoyed this episode..
Thank you! Glad you enjoyed it!
This is a very nice in-depth visit with somebody who has made the move and experienced all the things that so many of us are looking forward to. Thank you so much.
Glad you enjoyed it!
I enjoyed this video. Watched the whole thing in one seating. Gives me hope. One day soon to be able to live in Merida. ❤ kudos to them for opening the doors to their home.
That is awesome! Glad you really enjoyed the video!
Anyone can do this if they take the time and make progress toward the goal of moving here if you get educated about the process and patiently approach this step by step.
I really like your wife's flower paintings in the background of the interview. Very nice.
She says Thank you very much!
Your house is GORGEOUS. Thank you for sharing. So many questions I could have asked you . Also you would have received many compliments.
Thanks for the kind words!
Jose - I appreciate that you are always respectful and don’t ask how much people’s houses cost. And David- thank you for sharing 👍
The way I see it most of my guests are already sharing so much there is no need to pick and prod for information some might not want to share. Thankfully David was very helpful in wanting to share as many details as possible! Thanks again for your kind words!
Thank you Dora and David. David is a very gentle and patient person.
Yes David and Dora are truly amazing! We love them very much!
Like always jose amazing videos , cheers bro
Appreciate it! Glad you enjoyed it!
This is a very lovely neighborhood Davie and Dora bought into, all those amenities and such a huge place, awesome!! Nice job on the video, Jose. Christian is so cute you are a lucky dude!
Glad you enjoyed it!
Great interview Jose with a nice couple!!! Nice house and beautiful neighborhood.
Glad you enjoyed it!
Excellent video. Nice folks. I really enjoyed this one. All you vids are great especially the shout outs but this one's exceptional. Nice job bruv
Thanks! Glad you enjoyed it!
They are such a lovely and down to earth couple. I really appreciate their transparency and willingness to share their journey with us. Jose, you’re a natural at these interviews dude!😊
Muchas gracias! Glad you enjoyed the interview! We both love David and Dora they are amazing and so glad they were willing to share their story with all of us! Saludos!
From Southern California, thank you. Very enjoyable video.
Glad you enjoyed it!
Excellent!!!! Wish we would have moved there 2 yrs ago!!! Minnesota will be mighty cold this year! Still trying to talk hubby into it!! This video helped...keep on sharing this type content!! Mucho Gracias!!!❤
Glad you enjoyed it! Glad it could help! Thanks for sharing!
Omg, love this home and the decor. I collect alebrijas too.
That's awesome! Glad you enjoyed the tour!
Such a nice house, they did a great job congratulations on this place! 👏🏻
I totally agree! This place has changed our minds on what it is to live in a gated community in Mexico. Might not be so bad after all. Great home in a great location!
Thanks Jose: Great video! Great
Couple and you guys too! Nice to see Christian and hear her speaking español mi segunda idioma!! 😮
Muchas Gracias! Glad you enjoyed the video!
Check out my Website For FREE information on Moving to Mexico - www.josearteaga.com
What Does Retirement in Mexico Actually Look Like? 🇲🇽 Living in Merida Mexico - czcams.com/video/ow55UdfPkD8/video.html
Living in South Central Merida Yucatan Mexico 🇲🇽 Living in Merida Mexico - czcams.com/video/SJfrMiSqipA/video.html
What is Living in Mexico Actually Like? 🇲🇽 POV Living in Merida Yucatan - czcams.com/video/buDzH_dmzk8/video.html
Beautiful vid. Guys!!!!
Love it
Thank you! Glad you enjoyed it!
These people built a beautiful house. The closet is to die for.
I totally agree! Beautiful home and Beautiful couple! Thanks for sharing!
Thank you for sharing. Wonderful place.
Glad you enjoyed the tour!
Catching the replay Jose! Christian’s artwork is so beautiful. I’ll need at least one piece when I move there.😊
That's awesome! Thank you for the kind words! She's busier than ever these days and would love to work with you on something special or perhaps you can check out her finished pieces here www.christiankuk.com/ Hope to see you out here soon!
So awesome!
Thank you! Glad you enjoyed it!
Great show, Jose ty
Glad you enjoyed it!
A Really Lovely Video, Jose. Thank You. Btw, I’m Very Pleased You’re Now Settled & Happy In Mexico. I Learnt About Your Life Journey On Tangerine Channel. Carry On Enjoying Your Life! I Myself I’ve Been Living An Extremely Happy, Fulfilling Nomadic Life Around Europe For Many Years! I Absolutely Love SOLO TRAVELLING! I Find It Empowering, Enlightening & A Sense Of Utter Freedom! It’s a WOW Lifestyle!💗
Thank you so much for the kind words! Glad you are also out here living your best life! Saludos!
And a great video I really enjoyed and now having my mother in law and sister in law watching . They are from Merida. We all miss Mexico .
That is awesome! Glad you enjoyed it!
I am guessing this is a fairly quiet neighborhood>? The layer for green folage between this line of homes and the city creates a nice buffer zone. While the house is very modern they added some great Mexican touches like the Tiles and Art! Great insight into different styles of living in Mexico! I think it's great! I would love to see a well put together :studio! :) Gracias.
Very Quiet! Thanks for sharing! Glad you enjoyed it!
Beautiful family, home and video ❤
Awesome! Glad you enjoyed the video!
I cant wait!! I Bought a lot in a privada in telchac with loads of amenities which will all be ready in time for when i retire!!
Awesome! Thanks for sharing!
Sweet couple and a sweet home, so nice to see what's available, there seems to be a lot of options.
Glad you enjoyed the video!
Happy Sunday jose 😊
Happy Sunday!
Beautiful house and your wife's art is amazing!
Thank you very much! Glad you enjoyed the video!
Beautiful couple, I love their house , thank you for sharing your videos.
Glad you enjoyed it!
What a Beautiful couple 💑, Both Inside and Out. Their home is Amazing!!!!
Thank you for the kind words!
Keep up the awesome interviews when you can. 👍👍👍👍🇲🇽
Working on it! More to come!
fantastic video i want to move in one of these but in santiago de querétaro
Awesome! Glad you enjoyed it! Good luck with your move!
Oh wow I met this woman at a meet up u did in el centro in 2021 😄 she was dancing salsa, really sweet woman, very nice of them to do this interview ❤😊
That is awesome! Yes Dora is amazing as is David. Glad you got to meet them!
So beautiful!!
Glad you enjoyed it!
Jose's satisfied costumers :D ♥
David and Dora are the best!
We couldn’t have done all this without Jose’s great CZcams content to help answer a lot of our questions at the beginning
Wow is this house ever pretty 😍 It sure beats baseball for me, and then Christian’s beautiful paintings 🖼️ ❤❤❤
Thank you for the kind words! Glad you enjoyed the video!
Wow! Jose, that would be a great kitchen for your cooking show!!! (I like your house just like it is!) 🎉
Yes it is a beautiful kitchen! Love their house!
Beautiful house and area 😎😸 (price for such a place $$$? New construction?)
@@jvahl8747 They mention all the details in the interview
@@JoseArteagaTravels TY- will watch again
OMG Jose this is a great video. I'm retired receiving S.S. and living in Chuburna. I'm originaly from Mérida with dual nationality, but lived in brooklyn, N.Y since I was 3 yrs old. I've been living in Mérida since december 2017. I love to live here in Mérida. Beautiful couple on both parts. Thanks for your etertaining videos.
That is awesome! Glad you enjoyed the video!
Congratulations peyugo. Chuburna is my favorite Playa in the area, especially at sunrise.
@@st_rocco1060 OH no, I wish it was playa de Chuburna. I live in Colonia Chuburna, inside of Mérida.
My favorite playa is also Chuburna. I love going by the Chuburna jetty, Sisal is also very beautiful.
Great show Jose I would add the property values are subject to Merida’s safety if safety becomes an issue values will dwindle :)
Great point Thanks for sharing!
Lovely Home... Greetings from México city😊😊😊
Awesome! Glad you enjoyed it!
I love his Toucan shirt!!!!
Jaja me too! I need to ask him where he got it, I want one too!
I got it at a clothes store here in El Centro. I think it was around $12 or less. Clothes are very inexpensive here.
Great 👍 couple 🎉and video 📹 👏 😊
Thank you! Glad you enjoyed it!
Very nice couple 👍😊👌
Yes they are!
Wow que pareja tan linda ❤
Si de veras! Son maravillosos!
Ayyyyyeee.... palm springs!!! Thats where I grew up!!!
Awesome! Thanks for sharing!
That is a dream house definitely, but I cant complaint build my own house in Mexico as well I love it...
That is awesome! Thanks for sharing!
really beautiful!!!!
Thank you! Cheers!
Awesome, awesome, awesome video Jose 🙌Thanks for sharing this interview with this wonderful couple🙏I don’t think it was mentioned but what is the name of the Privada?
Glad you enjoyed it! It was not mentioned. Trying to keep the Privada Private 😅
Understood and thanks for the reply. Keep up the great videos.@@JoseArteagaTravels
Beautiful home, couple and neighborhood. Very well done video. Where’s the pickle ball court? 😁
I totally agree! I think they are building the court in another park of the Privada 😅
such a cute couple and a beautiful home
I totally agree! They are awesome!
Beautiful house! I have 4 properties in Yucatan, just paid for themselves renting them out.
That is awesome! Thanks for sharing!
This was a great and helpful video.👍
Jose, it would be nice to allow your guest to speak freely. Just a thought. 💕
Glad it was helpful! Great suggestion! I will keep it in mind!
This is a very informative video! There is one detail that is very important to foreigners, especially Americans that work for US based companies as W-2 employees. The Mexican tax authority SAT will require that the US based company have a tax presence in Mexico if the expat has a residency visa in Mexico and is working remotely in Mexico. This often not mentioned detail is a deal breaker for most working age would be expats.
Not necessarily true. If you work "online" you are exempt because there is no physical presence to the company. Also if you are self employed you are also exempt and I could go on and on. The reality is that when moving to Mexico one must realize they are not in their home country which is extremely strict with so many requirements. Mexico is very different. Mexican Citizens find it difficult themselves to pay taxes, let alone a foreigner that doesn't know the language and works a job the Mexican GOV has no knowledge of or way of finding out..... So all I have to say is this, if you are afraid of the Mexican Tax man then its best to not come to Mexico at all. Most of those fears are based on hearsay and not on how things actually work in Mexico. Anyone in any violation of anything usually gets a warning first and told to fix the situation. If not then a fine is issued. Worse case scenario you might end up in court and surprised to find out you win..... Mexico is not the USA. No need to live in fear while living in Mexico. With the proper knowledge anyone can live and work in Mexico without many barriers that many are always speaking of. Last thing I will say is that I am not advocating for not paying your taxes, I am advocating for people to educate themselves so that they along with a Mexican accountant can determine whether they have to pay taxes or not. Which btw spoiler alert most of the time they dont have to pay any taxes unless they actually make that income in Mexico.
@@JoseArteagaTravels You bring up an interesting detail. There are some expats from San Diego that are moving to Tijuana and Ensenada because they work remotely or they commute across the border and the cost of living is cheaper. I have read that Mexico taxes its citizens and residents on world wide income. That being said, working age American expats do have to pay taxes to SAT. Applying for a hipoteca and federicomiso will trigger questions such as proving sources of income which opens up tax liability. Do you know of a resource that provides in-depth information on the finer details for those of us that are not retirees but working age Americans trying to go where we are treated better?
@@leemartinez2975 Again not necessarily true either. I suggest anyone out there considering anything we are saying to clarify first with a Mexican accountant for further clarification. I also suggest one live in Mexico first before doing any kind of work or business here so they can see how things work out here and determine for themselves what is right for them.
@@leemartinez2975 whydo you use the word Expat and not immigrants?
This house was very nice I like it
Glad you enjoyed it! Thanks for sharing!
Very nice
Thanks!
Awesome video , im curiuos how much to rent single rooms in a shared accomadation type setting generaly in mexico , thanks
Great question! You can find out more info by watching this video czcams.com/video/hSaGVFFIruE/video.html
The water is good in Mexico. No need for so many baños.
Jaja it is very hot out here amigo! It is pretty common in very hot and humid areas. You should see how many Bathrooms my sister has in Miami with all the kids! 😅
I would want that many for that many beds. If one person wants to shower, another wants to wash their hands or hair and someone else needs to pee! I say the more bathrooms the better.
Thanks! Please publish or send me contact info on the cabinet maker. I will be building my house next year (I HOPE) and will get them to quote all my cabinets/closets, etc. They looked really nice in this house that was shown and this couple seemed happy with the end product.
Thank you so much for the donation! Please send me an email and I will forward you the information josearteagaviewermail@ gmail .com
No need to email me here they are armarius.mx/ Thanks again!
They were very good yo work with. Like many things in Mexico you need to be patient with them starting and finishing the job but the craftsmen they employed were first class and we have become good friends with both of them. We are very happy with the quality of their cabinetry
@@st_rocco1060 Thanks. I can be patient. As long as quality and value are there I can trade on schedule. Glad I watched this video and thankful you shared with community and Jose brought the story to us.
beautiful house, wowww
Yes I totally agree! Great home!
WOW.... Beautiful home but expensive... I am in Playa Del Carmen.. I have a 4bed 3.5 bath 2100sq.ft,, athough no yard, Im 5 minutes from beach..8 minutes to central playa dwntown COST $145000.00 or 2888900. pesos.. over 500 restaurants... a breakfast will cost $5-8.. last month only spent approx. $800 for every bill plus restaraunts and food. NO FEAR.I can and have slept with front door open.....life is as good as you want it to be... SALUTE
Awesome! Thanks for sharing!
Are you serious, you’ve got it! Maybe I should consider moving to playa Del Carmen instead of Merida, and not have to deal with the heat, but I thought Playa Del Carmen was like full blown tourism, and not that safe, but great to know 👍
@@Sincityman704 Yeah. That can't be current pricing in PDC. If it is, that is amazing price.
I think you will still have to deal with the heat, lol. Perhaps not the humidity as much...but seasonally of course.
The way they filled the house looks like they are going to live for ever at that age.Been minimalistic it’s not that bad
Thanks for sharing
David and Dora I love your place one question your dining set your chairs are customed made? What kind of material is it?
Great question! Hopefully they get to see this comment!
like how he says bro LOL and wow lol very well done on the videos like always jose try to keep up with them due to work hrs .... keeping up with jose LOL real series like the Kardashian lol take care bud
That's awesome! Thanks bro!
Wow, beautiful house and beautiful painting. My daughter is into art and would like to attend an art college in Mexico. Do you have any suggestions?
Yes there are many Art Universities in Mexico. Christian graduated from one of the most awarded schools in Mexico and is actively teaching a class on Murals there now! Huge art culture here in Mexico!
@@JoseArteagaTravels Thanks for the information. Could you share the name of the university?
Hi Jose...is that a GO PRO Camera that you're using to film your videos?
Yes it is!
dora is such a beautifull spirit.
Yes she is amazing!