There are some good investment vehicles here in Mexico. I deal with the bank that does some currency speculation. You give them a certain quantity of pesos and they guarantee you not to lose principal, so it’s a safe bet. They give you a range of exchange rates, and if it stays in that range over a seven-day period, you get a good return. It’s also possible to invest in Mexican stocks through this bank. I do a little bit of that but I rely mostly on a money manager.
There are people who move here to Mexico and buy property for the rental income. But to do that you have to buy at the right price. Then, you have to pay a management company like ours a fee to manage it because you want somebody else to deal with your tenants.
I don’t think I’d speculate on raw land although there are people who have done it and have been successful. If you can move to Mexico and live on your investments in the States along with your Social Security, I would generally recommend that, and just enjoy your life here.
(Hillside lot for sale, Ajijic, Mexico