MEXICAN GOLD RUSH
The Gold Rush of 2020 will be similar to California’s first gold rush in 1849 that brought over 300,000 people to California searching for their dreams in the Promised Land. But this time it will be different, it will primarily be Americans looking for their Golden Years at the end of the rainbow somewhere in Mexico.
Immigration to Mexico is coming from all over the world. This includes many young people ages 30-50 who are working as entrepreneurs, techies in Guadalajara’s Silicon Valley and many in the tourist industry. Currently there is over 1 million Americans living in Mexico, some are seasonal, some are baby boomers and many are fulltime residents.
Americans are retiring at a rate of ten thousand people a day. That’s almost 4 million people a year. Approximately 76 million people were born between the years 1946 and 1964…this is the baby boomer generation and they are heading south.
There are many reasons why there will be an exodus from the US. Politics has spiraled downward to an embarrassing level, cost of living, taxation without representation, escalating violence, increasing police state and big brother cameras on every corner…where have all the flowers gone?
And there are numerous reasons why Mexico will be their destination. The incredible lifestyles, climate, low cost of healthcare, housing, food, travel, property taxes and similar cultural values within close proximity to the US.
Just as the immigrants from Mexico influenced the lives and future of the Americans over the last 100 years, the baby boomers are affecting the lifestyles of the Mexicans in the 21 century. And it happens so slowly and naturally that it’s almost lost in the shuffle. Let’s call it the Anthony Bourdain syndrome, one person at a time, one conversation, one taxi ride, one marriage and the soup of life thickens.
As an expat living full time in Mexico since 2009, I have been watching this metamorphous for over the last 9 years. This Gold Rush is just beginning but it doesn’t take long after the word gets out.
The lifestyle and opportunity in Mexico has slowly been passed around over the last decade but now there is a big difference;
1. American Politics
2. Baby Boomers in their Golden Years
3. Improved healthcare in Mexico
4. International lifestyles now available in Mexico
When the prospectors of 1849 came to California they were following the dream of a better life.
Today the expectation is similar but the likelihood of finding that rainbow is much greater, a much better lifestyle…for sure, a chance of hitting the mother lode...maybe!
Mexico is more than a destination, it’s the destiny for thousands of people seeking their Golden Years…And they will not be disappointed!
The rush is now just a whisper but with 4 million people a year looking for a lifestyle of their dreams…it will soon become a scramble to the 21st Century Mexican Gold Rush!
Written by MRG 2018