Right now I’m living in Monterrey Mexico but unfortunately it became to danger, so I was forced to look around. I was lucky because one of my friend decided to do the same thing and he mentioned Merida in the state of Yucatan Mexico.
So I started to investigate more then less the same what you wrote in Post 1. When I remember right you want to move together with your mother. Actually I’m in the same situation, my mother retired this year and she wants to leave Europe and start to living with us.
So I visit Merida with my family and we decided to move there.
Here some answer from post 1
- Warm climate - Merida Climate and Weather Informaion Merida Yucatan MX
- High speed reliable internet - 3 different Internet provider
- Reliable power for most part (I can get a generator) - I will buy one (gas powered generator)
- English spoken is a big plus - no problem because of tourism and there are a huge North American society
- Low taxes on income from trading - Not sure, must be investigate. I dont pay any
- Stable currency as much as possible - Open in a Mex Bank (example Scotiabank) a USD account. No problem
- Easy Citizenship requirements, home ownership, etc - I maked my mexican citizenship 4 years ago, but I’m maried. Home ownership no problem
- People are happy and friendly - Yes
- Medical Care, Hospital - Portal Star Médica
- Medical Insurance - Seguros para tu Salud AXAMetLife | Seguros de Gastos Médicos Important Info: People only accepted before 65 years old, cost between 32000 and 60000 MXN, depends on deductible
- Because it is Mexico and there are a lot of stuff in the newspaper. Violence: Merida is actually one of the most secure city in North America!!
I found a lot of answers on this Website Yolisto it is maked by North Americans who live in Merida.
I maked also a list of interesting websites when I started to look around, I delete all spanish written ones and put it on a *.doc.
Hope it helps and I'm open for any questions
The following 3 users say Thank You to michaelf for this post:
Hi Trader Friends
I was chatting with BM recently when I realized that we both seem to have similar interests outside of just trading of course. He suggested that I post some info that perhaps some of you may be interested in knowing so that all of the members of this forum could benefit. I hope I have chosen the correct area in which to do so, so here it goes.
I have been trading for nearly fifteen years now and I like many traders was drawn to the industry because I wanted to be Free and Independent. I did not want to answer to a boss everyday and I like the idea of virtually unlimited income. As I have grown as a trader I have been fortunate enough to finally achieve consistent success as well as the independence that I longed for when I stumbled into my first trade back in the late 90's I think that part of the profession really does appeal to me more than the money part, but a couple of years back my whole world changed when I lost my beloved wife of 11 years due to Ovarian Cancer.. That was indeed a low spot in not only my life, but it also created a huge change in me that caused me to really start to reconsider alot of things. Now I don't really care to get into politics here, but lets suffice it to say that after a nearly three year cancer battle and dealing with doctors and insurance companies I came to the conclusion that just maybe there could be some things about life here in the U.S. that could be better. like perhaps a less stressful lifestyle, healthier food, cleaner air, less politics, less government, etc., etc.
I was forty years old had no children, no siblings and nothing holding me back from going out and seeing the world and perhaps finding that perfect paradise where I could set up shop as a trader. Of course the ideal location for me was somewhere with water, sunshine and freedom. I went to the Cayman Islands first and checked it out pretty good, but quickly decided that Island Fever would set in quickly and at the time, the infrastructure down there was just not conducive to my needs, so that one was marked off the list almost instantly.
After that I toured the entire Yucatan Peninsula but ruled it out because of safety issues.
After that my search took me to Belize and it so happened that I had a tremendous opportunity in the field that I have always moved in and out of when it made sense which was Real Estate Development. So, after carefully considering it for FIVE MINUTES I loaded all of the important things I needed you know things like fishing poles, scuba gear a good mountain bike and enough trading gear to do whatever I needed into my Suburban and I drove down into Mexico and right down the coast into Belize.. Now that was pretty scary at times as Mexico was already really heating up with the whole Drug War, but three days later I made it to the other side alive and dropped down into Corazol Belize.. WHAT an Armpit!! I was not impressed to say the least, but I had seen pictures of the place I was going to live, so shrugged off what I saw there and continued South down into what I was told was the nicest place in the Mainland of Belize which is a little fishing village in the Stann Creek District called Placencia.. Well it was pretty there and I was able to find an incredible Condo right on the beach that was really quite a good deal considering what I got there for the money. When I leased it I was assured that the internet there was BLAZING FAST........ha ha ha they forgot the part about WHEN IT WORKS.. They also left out the part about the fact the in Belize there is no Power Grid.. so what that amounts too is that if one major link goes down ANYWHERE in the COUNTRY, that the WHOLE COUNTRY gets disconnected until it is fixed... ok so when the internet worked the electricity didn't.. I also found out that The so called Blazing Fast Internet actually ran at about three times the speed of SMELL for a few hours a day and then it would slow way down... not to mention, SKYPE is BLOCKED due to low bandwidth and capacity.. yep it got pretty bad, pretty fast...
Finally, I got into about a three week trend where i had internet AND electricity at the same time.. I found that by getting a VPN I could get around the blocked Skype issue, but still the internet was so bad that talking on Skype, Magic Jack, Vonage (i tried them all) just would not work unless you wanted to wait three minutes after you spoke before the person on the other end could hear what you said.. As you can imagine, this did not work well at all for trading.. The final blow came though when I had to get involved with the Emergency Medical and Health Care system there.. Let's put it this way DON'T GET SICK OR INJURED IN BELIZE OR YOU MAY DIE!!
Again could write a book on that.. Well so I found out the hard way that Belize was not the place for me. so a year later after I had tried my best to make it work, I came back to the states. Broke, defeated and with all of my belongings stored in my suburban down there. Another year and four thousand dollars later I finally got my vehicle back but all of my belongings (even underwear) were gone.. My house was leased out on a long term contract, so I was basically homeless too.. It was a disaster.
After finally getting back into good health due to the near death accident that ultimately sent me home I managed to get things turned around and got it back together. If I were not a trader though I honestly don't know how I could have recovered from the devastation that had taken place in my life. I got back in the hunt for Traders Paradise though
So, my travels then took me to COSTA RICA!!!! NOW WE ARE TALKING... This time I knew what I needed to look for GOOD INFRASTRUCTURE... my story is getting long here already so I am going to wrap it up quickly and apologize in advance for my lack of literary finesse in this post. And tell you what I found in Costa Rica because this may be where the search for Traders Paradise finally ends for me.
Here is what I found:
1. Health Care in Costa Rica - EXCELLENT!!! they do have Socialized Health Care but not Mandatory.
The doctors in Costa Rica are from all over the world and many are ex-pats that have moved to the country for many of the same reasons that I plan to, which I already listed in the beginning of the post.. Hospitals are new in many areas and they are very skilled and professional. When I was injured in Belize I was told my back was broken and treated as such in reality they told me later that they were not sure because the x-ray machine used on me was built in 1968 "they thought" and they were starting to notice some inconsistencies... then they wanted to open my skull and do surgery but they were not sure because their MRI machine was down.. NOT!!! Well don't worry.. In Costa Rica it just flat is not like that.. So Good Health Care in Costa Rica CHECK>>
2. Infrastructure - HIGH SPEED 10GB Internet in MOST of the country and constantly developing new areas.. It is a little pricey compared to the 40 GB Fiber Optics I get here in Texas. Here I pay about 99 dollars per month for 40 GB.. In Costa Rica I can get 10GB for 90 dollars per month.. I ran 8 GB here for the last three years though and it was fine for what I need to do as a trader 10 GB is fine.
With Good internet the communication problem is not nearly as much of a concern and you can use Skype as well as other VOIP services with little interruption.
Cell Phone Service - In Belize they frequently had hurricanes and storms coming in off the Caribbean. lightening stikes would knock things out and due to the excessive duties that are charged on imports into the country parts could take days and even weeks to arrive and literally they would have to go by donkey into the mountains to get to the backbone and make repairs... unbelievable and just really lame.. In Costa Rica there are more cell phone towers (short ones that are not eyesores) than we have starbucks here in the states.
Roads and Travel - Two International Airports and a third one under construction, Nice smooth highways and paved roads, Multitudes of Public Transportation Options.
3. Healthy Food - No genetically modified crops, organically grown produce, fresh seafood, free range chickens, grass fed beef and an abundant supply of everything.. I can purchase groceries at a fraction of the cost of what we pay here in the states and I don't have to worry about glowing in the dark later if I eat it... Now in Belize we did have fresh produce and organic meats, but with the electricity constantly on the blink and fuel for generators running over 7 U.S. dollars per gallon, refrigeration was not the best option so most of the meat products were frozen and due to the poverty levels there these items would end up frozen for months and maybe even years in some cases before being purchased.. not good... This is not an issue in Costa Rica.. Good Food!!! Healthy Food.
4. Economy - lets face it the economy is bad in most parts of the world these days, but in Costa Rica there are many, industries and many financially independent ex-pats from all over the world who keep their economy going strong. Our dollars are pretty powerful there and they like to take them but you get alot for one of them.. I found that I can have a driver, a housekeeper a gardener for a couple hundred bucks a week... my housekeepers there run me about ten bucks a day for example. I pay a hundred a day here in the states for that service and they don't even do my laundry ha ha...all in all with all of the tourism and industry in Costa Rica I would say that the economy is pretty strong, but it is tied to the dollar and what happens here in the states can impact them as well.. At the end of the day though if all heck broke loose you would not go hungry there and living off the land is common. Try doing that in New York City or Houston Texas in the event of a financial or natural crisis.. Aint happening folks..
5. Lifestyle - Well it is awesome.. you could do something new just about every day. There are gyms, beaches, mountains, rain forests just about anything you want except deserts. The locals are beautiful people that are down to earth, innocent for the most part and always friendly and helpful.. They do their best to make sure you have what you want or need.. There are many, many services including big box stores in the larger city of San Jose if you like to shop. Most of all though there is a sense of freedom that you feel the moment you get out of the city and into the countryside.. You have to go there to get it. I cant describe it.
6. Weather - Much like Belize or other places in Central America.. there is a rainy season that peaks in November when you will experience BIBLICAL RAIN FALL for days sometimes. For the most part though it is in the 80's and sunny and beautiful during the day. Rain comes in in the evenings and cools things off. Each morning is fresh and clean after overnight rains. If you live in an area like I do the rain is welcome and actually not an issue.. Many people do however leave during the rainiest months but you are a two and a half to three hour flight away from most major International Ports of Entry in the States.
There are more reasons I can list why Costa Rica is my top pick as Traders Paradise, but this post is WAY LONG already so I will leave it here. If this post is liked I will be happy to share more..
Hope you all find this information to be helpful.
Warmest Regards to all and Good Trading
The following 13 users say Thank You to jeeprack for this post:
Great to see you posting here at futures.io (formerly BMT). I enjoyed reading your post. Very informative.
Haven't heard from you in quite a while and noticed you did a presentation for NT. I sent you an email to say hi but I apparently have a wrong address. Anyway, it seems you've come a long way since that other place we shared. Glad to see it and look forward to your participation here.
The following user says Thank You to MWinfrey for this post:
Hello Mike.. It's great to hear from you and see you are still in the game yourself... What a journey it has been my friend...
How's life in West Texas?
Would love to chat again sometime.
Futures Operator.. glad you enjoyed the post. I have looked at Dominican Republic but have not been there myself either. It looks and smells too much like Belize to me though.. Sure is a good reason to go check it out though isn't it?
I think Panama will be target of my next big probe..
The following user says Thank You to jeeprack for this post: