How much is it to build a house in Yucatan: Riviera Maya, Playa del Carmen, Cancun, Merida, etc?
Alfonso Galindo - I Go Yucatan
I’ve remodeled and built several houses in Yucatan. The cost depends on the construction material that you use. It depends on the architect that you us. I’d hate to say this, but sometimes, it depends if you’re Gringo or not. That’s why it’s always best to learn what the local rates are in pesos, never in dollars or in euros, because you’ll never ever realize if you’re getting ripped off or not. And if you’re always converting from...
I’ve remodeled and built several houses in Yucatan. The cost depends on the construction material that you use. It depends on the architect that you us. I’d hate to say this, but sometimes, it depends if you’re Gringo or not. That’s why it’s always best to learn what the local rates are in pesos, never in dollars or in euros, because you’ll never ever realize if you’re getting ripped off or not. And if you’re always converting from dollars and euros to pesos or comparing what a particular house would cost in New York or in Paris or Santa Barbara, everything’s going to seem cheap to you and you won’t know if you’re overpaying for an item. Average cost of construction depends on what you want, including your amenities, whether you’re in the city, on the beach, or in the country. All those prices vary in addition because you have to bring materials sometimes from different regions. A fair honest price would be around 5,000 Pesos (US $312.5) to 8,000 Pesos (US $500) a square meter to build a home (approximately $29 / square foot to $47 / square foot), for roughly track home quality.
The difference is, in Mexico, they build with concrete and blocks so I can say that the quality of the construction is much better than it would be if they used the standard stucco and plastic house like in the US. Here, the houses are built just like the Mayan Temples, where you build out of concrete and stone. Houses in Yucatan tend to last a very long time.
The materials and style of your home depends on the region of Mexico. Some people like using granite, or marble tiles. You probably know the very famous, beautifully decorated Spanish houses in some regions of Mexico that become quite popular in California. But here in Yucatan, they’ve gotten so good at working with cement that they make kitchen counters, bathrooms, and floors out of it; everything is made out of cement. They’ve learned how to decorate the concrete with glass and so many other composites that they put into it – paint, different polishes, acids, etc.,-- that you wouldn’t even know it was cement. It’s quite amazing what they could do with cement here that I don’t see a need why, unless you’re going for a certain architectural style, someone would want marble or granite when they can have something that it much more functional and to some degree much more beautiful, all at a much lower price.
(One of Alfanso Galindo's properties on Sisal Beach in the Yucatan Riviera, Mexico, pictured.)
What's the best way to get around in Placencia, Belize?
Veronique McKenzie - CTTBeliZe
If you are going to Belize City or Belmopan from Placencia, there are different travel options for you. You could rent a car, you could take a bus, you could fly, or you could mention your trip on Facebook and I am sure that you will find another one who will go to Belize City or Belmopan with you. Or you will find someone who does tours and has a big van and you can share the trip with them.
If you are just going around Placencia Village, you need nothing...
If you are going to Belize City or Belmopan from Placencia, there are different travel options for you. You could rent a car, you could take a bus, you could fly, or you could mention your trip on Facebook and I am sure that you will find another one who will go to Belize City or Belmopan with you. Or you will find someone who does tours and has a big van and you can share the trip with them.
If you are just going around Placencia Village, you need nothing but your feet to get around. If you need to get out of the village there are so many ways to travel such as getting a taxi, sharing a trip with someone by announcing your trip on Facebook, you could rent a car, take a bicycle, or you may take a golf cart. A taxi ride to Maya Beach from Placencia costs US $25. It may be expensive for the distance but you might go there just once a month.
What do I need to know about living overseas and retiring abroad?
Robert Adams - Retirement Wave
The most important things to know when living or retiring overseas is that you have to be adaptable and flexible. It’s the same for everybody. You will be in a new and very nice environment. In many respects, it might be warmer and you might be outside more often. But there are things that will be different and aren’t done quite the same way as it did back in your country, so you just have to adapt.
If you’re inflexible, if you have to have things...
The most important things to know when living or retiring overseas is that you have to be adaptable and flexible. It’s the same for everybody. You will be in a new and very nice environment. In many respects, it might be warmer and you might be outside more often. But there are things that will be different and aren’t done quite the same way as it did back in your country, so you just have to adapt.
If you’re inflexible, if you have to have things exactly one way or no other way, you’re going to have trouble anywhere you go.
So put adaptability and flexibility at the top of the list of things you need to pack when you come.
How's the adventure travel and activities in and around Nicaragua?
David Smith - Farmland Assets
I, personally, don’t participate in adventure travel or activities here in Nicaragua, but I can tell you what other people do.
Overall, adventure travel and activities are very popular in Nicaragua. The diversity of Nicaragua, with the volcanoes, lagunas, beaches and rivers is very attractive to people who like outdoor spots.
The TV show Survivor is here right now and they’ve been coming here for several years...
I, personally, don’t participate in adventure travel or activities here in Nicaragua, but I can tell you what other people do.
Overall, adventure travel and activities are very popular in Nicaragua. The diversity of Nicaragua, with the volcanoes, lagunas, beaches and rivers is very attractive to people who like outdoor spots.
The TV show Survivor is here right now and they’ve been coming here for several years to shoot their programs. Discovery Channel is here as well.
The amount of tourists who come here to Nicaragua is increasing 5% to 10% per year, and we see a lot of people doing different adventure sports. As a result, a lot of different types of adventure businesses are growing rapidly. Here’s a rough list of the most popular:
Surfing. Of course, Nicaragua is a major area for surfing. They do world competitions here.
Fishing.
Canopy tours.
Kayaking.
Hang gliding.
Biking. A lot of people are bringing their bikes down here to Nicaragua to do bike trips. A few years ago, I think a Frenchmen came here to Nicaragua and broke a world record on a bicycle for speed.
Hiking is very popular because of the volcanoes and the mountains.
Extreme sports that combine biking and running.
On some of the volcanoes in the north of Nicaragua they have lava boarding, where they slide down these volcanoes on what looks like a surf board. This is becoming very popular and quite famous. This particular volcano has all these fine lava pebbles and people go up there and basically ski down the volcano and do all sorts of speed events.
How much rain does Boquete, Panama get? When is the Rainy Season and the Dry Season in Boquete, Panama and what is it like?
Linda Jensen
Arriving in Boquete in early December 2012 we saw daily showers, many rainbows as well as much sunshine. Late December is the end of the really wet season in Boquete. However we have found that all this lush-looking green and the abundant flowers are not as beautiful as in the past due to a serious drought in the country of Panama.
The rainy season begins in mid may and gradually accelerates into the strong daily rains from late June to November. The...
Arriving in Boquete in early December 2012 we saw daily showers, many rainbows as well as much sunshine. Late December is the end of the really wet season in Boquete. However we have found that all this lush-looking green and the abundant flowers are not as beautiful as in the past due to a serious drought in the country of Panama.
The rainy season begins in mid may and gradually accelerates into the strong daily rains from late June to November. The typical annual rainfall is estimated at 103 inches. The rains come in torrents at times so much that the Caldera River over flows its banks, landslides occur, bridges and roads wash out and people clean it up and get on with their lives.
We have seen more rainbows in the last five months than we have seen in many combined years of living in the USA. Beautiful rainbows are just as pretty whether it was a light shower or a downpour.
One only has to ask those who have lived here for many years how to deal with the rainy season. We have heard from several sources:
Get umbrellas and rain boots.
Do your shopping early in the day as most rainfall comes after noon.
Purchase a dehumidifier for your home or apartment.
Remember it only rains for 6 months; not hard every time either.
We are seeing more rain every week now. It is a blessing for all the plants, animals, and water sources. We don't get hurricanes or tornados. However we do enjoy thunderstorms, heavy rains and some typical storm strength winds. If you don't like rain there are places in Panama that offer a dryer climate.
Do I lower my US, UK or other income tax liabilities if I retire or work in Portugal?
Luis Rodrigues - Gouveia Pereira, Costa Freitas & Associates, Law Firm, RL
If you move your residency to Portugal, under Portuguese law you are liable to pay taxes in Portugal. Portugal has signed treaties to prevent double taxation with 71 countries (including most European Countries, United States and Canada) that assure its citizens and residents the protection against being taxed in more than one country.
If you move your residency to Portugal you may be entitled to benefit from the Non Habitual Resident Regime that allows you to obtain tax...
If you move your residency to Portugal, under Portuguese law you are liable to pay taxes in Portugal. Portugal has signed treaties to prevent double taxation with 71 countries (including most European Countries, United States and Canada) that assure its citizens and residents the protection against being taxed in more than one country.
If you move your residency to Portugal you may be entitled to benefit from the Non Habitual Resident Regime that allows you to obtain tax exemptions on several types of income earned aboard such as pension income, dividends, interests, etc.
I cannot expand on the Foreign Earned Income Exclusion available to US taxpayers as I am not expert in US tax regulations. If you are a US taxpayer I recommend that you ask your tax expert about the Foreign Earned Income Exclusion, and how it could be combined with the Portuguese Non Habitual Resident Regime in order to give you the best outcome.
(View of the rooftops and the seaside from The Blue Boutique Hostel and Suites, Estoril, Portugal, pictured.)
Here is some flavor of what it’s like to live in a small village in Baja California Sur for six weeks and some tips that could save you lots of aggravation.
It’s Just Like…
Renting our home in La Ventana for six weeks was just like camping, except without the bugs, uneven and hard sleeping services, the work setting up and breaking down, everything being dirty, and very dicey bathroom and shower accommodations.
I am normally a positive person who likes to focus on the good and positive in life and living. However, as we all know, nothing and no one is perfect. There is no Shangri-La place to live in the world. When choosing a place to live, whether it is to work or retire, it is best to do some research first. That is why I am writing this article for those of you looking to move to Panama. I have lived here in the Boquete area, in the Chiriquí Highlands for over 13...