Does Mexico have any special retirement program or retirement benefits?
John Venator - Casa de los Venados
Mexico does not have a special retirement program or retirement benefits and it is kind of a shame because we have stayed even in Spain where they have that program. Cuba and several places also have a retirement program but they do not have one here in Mexico. However, as an expat, literally we can go to the regional social security hospital and have service performed. Anybody could go there. That is the same in a number of countries, whether you are a...
Mexico does not have a special retirement program or retirement benefits and it is kind of a shame because we have stayed even in Spain where they have that program. Cuba and several places also have a retirement program but they do not have one here in Mexico. However, as an expat, literally we can go to the regional social security hospital and have service performed. Anybody could go there. That is the same in a number of countries, whether you are a citizen or not, you have access to healthcare.
(Americans walking the beach in Acapulco, Mexico, pictured.)
Posted September 9, 2015
Alfonso Galindo - I Go Yucatan
If you are 60 years old or older and a legal resident in Mexico (including expats), you are entitled to a INAPAM card. Anybody who is a legal resident of Mexico (either permanent or temporary) can apply for the INAPAM card. The holder receives discounts on airlines, buses, food, theater, pharmacies, movie theaters, and many events are are free as well. If you’re a legal resident you apply to the Mexican government for the card, they give you the card, and you just show...If you are 60 years old or older and a legal resident in Mexico (including expats), you are entitled to a INAPAM card. Anybody who is a legal resident of Mexico (either permanent or temporary) can apply for the INAPAM card. The holder receives discounts on airlines, buses, food, theater, pharmacies, movie theaters, and many events are are free as well. If you’re a legal resident you apply to the Mexican government for the card, they give you the card, and you just show your card to get the discount. You are not entitled to the card if you are in Mexico under a tourist visa.The discounts can range anywhere from 5% to 70%. The buses give a 50% discount. Many of the private buses give a discount as well. Some of the other bus lines offer some great packages and discounts for INAPAM cardholders. I’ve seen pharmacies usually offer around a 20% to 30% discount on drugs which are already pretty cheap because Mexico has an actual healthcare system, which the government uses to increase their purchasing power to negotiate better prices with the pharmaceutical companies.
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Not only can you receive discounts on water bills and some of the utilities but you also get discounts on already very low property taxes.
(Alfonso Galindo with friend attending the Merida musical festival in Merida, Yucatan, Mexico, pictured.)
Posted January 29, 2016
Ivan Castillo - Secure Title Riviera Maya
For Mexicans, Mexico does have retirement benefits. For example, being part of Stewart Title, I’m an employer, so part of what we pay goes into a retirement fund that every single employer must pay into on behalf of his or her employees.
These benefits also apply for general living. For example, there’s an area set aside for low income housing, which you can take advantage of if you’ve been working for a long time with the same company and that company...
These benefits also apply for general living. For example, there’s an area set aside for low income housing, which you can take advantage of if you’ve been working for a long time with the same company and that company...
For Mexicans, Mexico does have retirement benefits. For example, being part of Stewart Title, I’m an employer, so part of what we pay goes into a retirement fund that every single employer must pay into on behalf of his or her employees.
These benefits also apply for general living. For example, there’s an area set aside for low income housing, which you can take advantage of if you’ve been working for a long time with the same company and that company pays a small amount of money towards your housing assistance.
These benefits also apply for general living. For example, there’s an area set aside for low income housing, which you can take advantage of if you’ve been working for a long time with the same company and that company pays a small amount of money towards your housing assistance.
Posted February 2, 2016
Marvin Golden
At age 60 or 65, you become a senior here in Mexico. At that point, you get half price on bus fares and for visiting museums and many other establishments. A number of things are reduced in price, but I haven’t kept track of it because we have been too busy doing other things, but there are benefits for seniors here. You just have to get your INAPAM card, which is your senior citizen’s card that gives you discounts and benefits. You show that...
At age 60 or 65, you become a senior here in Mexico. At that point, you get half price on bus fares and for visiting museums and many other establishments. A number of things are reduced in price, but I haven’t kept track of it because we have been too busy doing other things, but there are benefits for seniors here. You just have to get your INAPAM card, which is your senior citizen’s card that gives you discounts and benefits. You show that card to get reduced prices for many things.
(Hot Air Balloon festival in Lake Chapala, Mexico, pictured.)
Posted November 1, 2016
Juan Eufracio Marquez Flores - LM&A Immigration and Legal Services
Mexico has a senior card that, by law, any senior who is above 60, can get, regardless of if they are retired or not. The card entitles the senior to receive discounts for transportation, museums, and sometimes on airplane tickets. The card is not only for foreigners. It’s for any person who is Mexican or has a Permanente status or Residente Temporal. The card also provides discounts from 10% to 15% on water, house or property...
Mexico has a senior card that, by law, any senior who is above 60, can get, regardless of if they are retired or not. The card entitles the senior to receive discounts for transportation, museums, and sometimes on airplane tickets. The card is not only for foreigners. It’s for any person who is Mexican or has a Permanente status or Residente Temporal. The card also provides discounts from 10% to 15% on water, house or property taxes, and renewal of car registration.
(Museum exhibition, Mexico, pictured.)
Posted November 28, 2016