Is the Expat in Mexico Dream Over?

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La Karencita

La Karencita

Күн бұрын

Is the "ex-pat" dream in Mexico dying?
Over the last few years, more and more people have decided to move to Mexico, for many reasons. The most important for many, the low cost of living in Mexico.
The fluctuating exchange rate, paired with inflation, influences the cost of living in Mexico significantly. However, many ex-pats or immigrants have their savings in dollars or receive their income in the same currency. Therefore, they are directly affected by these exchange rate shifts.
In the past years, we also saw a surge in videos on KZfaq about gentrification in Mexico City and other areas across Mexico too.
What's happening now that the Mexican peso is getting stronger and inflation too?
If you are considering a move, or just curious about the Mexican situation, this video offers you another insight that you might consider interesting.
I’d love to hear your thoughts in the comments!
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Пікірлер: 206
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
🎉 Exciting news! Every Sunday, you can join me for LIVE Spanish conversation classes 💬 Visit www.thriveinspanish.com to sign up. 🌐 Also, why not start learning Spanish with me? No matter what your level is, I'm here to guide you on your language journey! 🚀✨
@MisOjosSePasearon
@MisOjosSePasearon Жыл бұрын
I left the US and moved back to Mexico, I have dual citizenship, and I could have found a remote job in dollars, but I decided to find a job in Mexico and earn pesos, and I’m glad I did. The Mexican salaries are getting better, and they give bonuses and good benefits. Great video! 😊
@santillansantillan6538
@santillansantillan6538 Жыл бұрын
That big lie that Mexico is better. It shows that you work for the cumunists of the Mexican government. Mexico is a thousand times worse than before in all aspects, the fact that the peso has strengthened does not mean that the country is well. This new government is the worst and the most violent that protects crim
@ayjee8
@ayjee8 Жыл бұрын
I’m currently looking for a remote job in dollars in Mexico, any tips would be greatly appreciated!
@pedrovargas267
@pedrovargas267 Жыл бұрын
How much do you make monthly ?
@toringmort4231
@toringmort4231 11 ай бұрын
What's your job
@juqnlopez7272
@juqnlopez7272 3 күн бұрын
X2, worling in México as a - Godin - you realize all the grate benefits they offer you. Nothing líder in the u.s
@danielalonzo7445
@danielalonzo7445 11 ай бұрын
I live in California, just a few miles from Mexico. I can tell you the cost of EVERYTHING in Mexico has gone up. The biggest thing in Mexico (Baja) the government shuts the water off for days without warning. The crime is rampant, especially murders. MEXICO can be fun if you have LOTS of money
@cindyk3076
@cindyk3076 Жыл бұрын
Great video on what's happening with the peso vs dollar today. I still plan to move to Mexico if I can, even at 15:1 the peso will still benefit me with my meager Social Security income, and Mexico is a MUCH friendlier country than the U.S. Congrats, Dave!
@marcosreal11
@marcosreal11 Жыл бұрын
Karen you are one of the few channels that talks honestly about changes in Mexico. Keep doing this, you are ahead of the curve. Other channels will eventually copy you.
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
Oh thank you very much
@ELBarbarro
@ELBarbarro Жыл бұрын
Nothing to be concerned about. The Mexican peso has always fluctuated against the dollar. This is part of the normal eb and flow…sometimes it’s beneficial to Americans and other times is beneficial to Mexicans.
@cyphi1
@cyphi1 Жыл бұрын
IMO with China investing more in Mexico manufacturing it's only a matter of time before the peso strengthens more consistently
@user-zyxx-rk5sg
@user-zyxx-rk5sg Жыл бұрын
Yeah, it’s best timing for many rich Mexicans are traveling and spending in the USA
@compashinpei
@compashinpei Жыл бұрын
It's crazy how a lot of Mexican people think Japan is expensive. But guess what I definitely spend more in Mexico than Japan. Almost everything is expensive to me.
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
oh woow! Interesting! The world is changing
@josecarlosrodriguez9876
@josecarlosrodriguez9876 Жыл бұрын
saludos compa shinpei
@-whackd
@-whackd Жыл бұрын
Do you live in a major city in Japan and pay rent? I can't imagine fruit and vegetables being cheaper in Japan. Japan and Korea both have high prices at the grocery stores compared to even my home country, Canada. I still get ground beef at $4 per lb which is hard to do in northeast Asia.
@compashinpei
@compashinpei Жыл бұрын
@@-whackd No in major city. But still it is unfair to pull up only tropical fruits and vegetables as comparison. There are a bunch of other things that are more expensive in Mexico, such as water, electricity, rent (foreigner price), any drink except beer, sweets, seafood, any material, and also eating out in restaurants is pretty expensive to me.
@transformationwithmax4930
@transformationwithmax4930 Жыл бұрын
I spend less, and less time in Mexico. Over the past three years, I've experienced an average of a 26% increase in everything across the spectrum of living costs. More importantly, as the MX peso rises, its charm and hospitality are decreasing. I've moved on to other destinations. Post-pandemic Inflation has impacted the world, but not at the levels of Mexico. USD has lost its core value in MX, as well as its appeal to my lifestyle.
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
😮
@kylesandstrom853
@kylesandstrom853 Жыл бұрын
I don't think it's over but maybe paused. When the exchange rate was 25:1 it was abnormal and if it goes to 15:1 it will also be abnormal, so I think it will gravitate back to around 20. If the exchange rate skews too much in the peso's favor, it makes all the exports more expensive and likewise tourism will drop. I think in the future the Mexican economy will diversify and grow stronger where a true strong peso makes sense but it's too early yet. But you never know!
@williamwoods2547
@williamwoods2547 Жыл бұрын
Hola Ruby. Good video. Some of the comments indicate that the current shift in the value of the peso is causing expats (real or wannabe) to recalculate their plans. It might be for the best for most Mexicans, who were being priced out of some neighborhoods or even cities by the influx of expats loaded with US dollars. In 1967, when I first visited Mexico, the peso was 12-1/2 to the dollar, but at other times the peso was incredibly weak, with 100,000 peso notes circulating in 1988 and 1991. The peso may continue to strengthen for awhile. Last year it seemed as if every expat wanted to support themselves by making KZfaq videos, and the potential consumer base for such videos was greatly diluted for creators seeking views. A few offered a unique perspective but most were too cookie cutter to stand out, even if well done. Fortunately you were starting to create from a Mexican cultural perspective and moving away from a "move to cheap Mexico travelogue". If you persist I believe you can survive while many English language channels disappear or move to a cheaper country. There are not many English channels with a Mexican perspective. Some of the Spanish language channels, like "CostoXDestino" or "Pueblando con Alberto", may survive because they are aimed at Mexicans. Maintaininjg "La Karencita" is good advertising for your language business, and I would miss you if you didn't show up on my computer screen a few times a month.
@jesusraydelsanchezrodrigue8279
@jesusraydelsanchezrodrigue8279 9 ай бұрын
I have travelled 4 times in a row to Mexico over the past year and half and every time I go food is more expensive at the supermarkets and so it is with mostly everything else, but I see the same trend in other countries as well. The cost of living is going up and up globally.
@BrixtonBeat
@BrixtonBeat Жыл бұрын
I’m glad it worked out for your husband to work in Mexico!! As for Tangerine Travels, there are other reasons for the decline in that channel with the personnel shift. The channel that emerged has no problems getting views. Love Jenny and Kevin and so excited for their move back to Mexico!! I hope that you’ll get to show us more of Mexico 🇲🇽
@Shazzyhtown
@Shazzyhtown Жыл бұрын
I see this happening in several expat friendly countries. Portugal was very welcoming to expats, but local Portuguese can no longer afford to live comfortably in their country. Portugal is the poorest country in Western Europe. And these same expats are now finding it to not be as cheap there.
@bobnuke117
@bobnuke117 Жыл бұрын
The USD has been going down. It was very strong at the start of the pandemic it was $25 pesos per dollar. Now it's around 16$ pesos per dollar and it is continue to go down.
@hjdreams1429
@hjdreams1429 Жыл бұрын
Excellent video on a timely topic, Karencita!
@josem6761
@josem6761 Жыл бұрын
Sounds troubling. I have planned to make a permanent move to Mexico and buying a house there for a while now, but it seems something always pops up that causes me to delay the decision. I enjoy being in Mexico much more than living in the United States, hopefully the next 6 months work out the way I'm planning. Fingers crossed.
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
Welcome to mexico when you are ready!
@santillansantillan6538
@santillansantillan6538 Жыл бұрын
I am Mexican from CDMX. And that thing about gentrification is false, Mexico has always had a lot of gringo tourism, and that's why we Mexicans love that gringos come because they generate jobs and bring dollars and that's very good for everyone. This lie of gentrification began when the new Mexican government came in, which is pro-Cuba communist, and it is a falsehood made by the Cubans who want to destroy our gringo tourism, since the Cubans of the new government of Mexico are anti-gringos, they do not want them to come the gringos. But we Mexicans tell you, the tourist or expatriate brothers who are welcome in Mexico, do not believe bad things.
@Olivia-by2vm
@Olivia-by2vm Жыл бұрын
​@@santillansantillan6538Qué tontería, de pena ajena tu comentario. Ya descolonalizate. Por cierto el comunismo es un concepto abstracto, no existe en la práctica.
@chosen1520
@chosen1520 Жыл бұрын
@@Olivia-by2vm la que dice tonterías eres tú
@MaRia-mq1kz
@MaRia-mq1kz 10 ай бұрын
​@@Olivia-by2vmy lo que practica Corea del Norte no es comunismo?
@Omaricrypto
@Omaricrypto Жыл бұрын
Everything is getting way more expensive in states also. In comparison, it's still a good deal. 👍
@TopSpinWilly
@TopSpinWilly Жыл бұрын
Great information. Thanks🎉
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
Thanks for watching
@Madskillsuniversity
@Madskillsuniversity 11 ай бұрын
It just started. The US, UK and other countries are getting too expensive to live and retire in, so when they can, they will. 20 years from now, I see more people from Asia coming over too for a better life. Mexico and the World is changing. My wife and I are moving to Mexico in 3 years, but she has dual citizenship and is just going back home. Great video. I LOVE your videos,
@hernanreal9659
@hernanreal9659 Жыл бұрын
Cómo mexicano que creció en frontera no puedo evitar recordar que el cambio de divisa siempre aumentaba en épocas decembrinas. Creo que este fenómeno del super peso va a traer varias cosas interesantes, ya que una de las razones de este es la inversión extranjera acelerada, eso podría traducirse en un progreso en infraestructura y en otras áreas, como la académica, poniendo a México no solo como el país donde vas a vacacionar, sino que también puedas invertir. Quiza la tendencia del peso a la baja se detenga, solo el tiempo lo dirá. Me gustan los videos de los expats (sigo a los tangerine travels, a los dos originales), porque se da uno cuenta como la cultura mexicana los abraza y eso da orgullo.
@MaRia-mq1kz
@MaRia-mq1kz 10 ай бұрын
Concuerdo, como mexicana viviendo en extranjia Jiji puedo ver que nuestro país en infrastructura no anda mal, he visitado países que sí se nota que no han podido avanzar PERO el problema en nuestro país yo diría que es más bien social. En esa parte andamos mal. Precariedad educativa ciudadanos mal informados, mal educados (por la academia y la sociedad) entre un largo etc😢
@jimhamman2335
@jimhamman2335 Жыл бұрын
Love your videos, Ruby! And what a great thing to establish a language learning system!
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
Thank you. I'm proud 😃
@Mexicobeanpole
@Mexicobeanpole Жыл бұрын
We’ve had plans to retire in Mexico for 2 years. We just got here less than 2 months ago. We did the conversion at 15 to determine if it would still work for us. It will. We just won’t be having fancy dinners out. If someone is “cutting it close”, I don’t know if I’d recommend Mexico at this time. The days of living easily on $1200 are dwindling, unless you speak Spanish and can happily live outside of gringo heavy areas. But, I’ve always loved Mexico, It was easily my first pick for retirement, so I’d rather budget to be here than pick another country. Unless it becomes undoable. Until then….🇲🇽🇲🇽
@estellar.367
@estellar.367 Жыл бұрын
I love your channel , and your personality thank you because you work so hard and help so many
@CumbiaDancer5678
@CumbiaDancer5678 Жыл бұрын
Another greatttt video! You are amazing.
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
Thank you
@fdm2155
@fdm2155 Жыл бұрын
I think the fluctuation between currencies is something you have to expect. We'll see if the current trend continues. I suspect for most people from the US the cost of living is still a huge benefit. Also things like weather and health care factor in.
@elisal4823
@elisal4823 Жыл бұрын
Llegue a ver tu contenido por el video sobre los salarios. No estoy buscando trabajo, pero si mi curiosidad sobre la situación económica actual en el mundo y Mexico, la disparidad, la desigualdad, todos son temas que investigo y veo mucho por aquí, quizá eso me arrojo tu contenido. Ya me suscribí y me gusto mucho su historia de pareja. En tema de este video si es de gran beneficio en este momento la fortaleza del peso para nosotros como mexicanos, el norte global ya ha tomado demasiado de nuestra economía, dejando a nuestra sociedad sin muchas oportunidades; por lo pronto esta situación si la veo como positiva. Mis mejores deseos en tu emprendimiento 🙌.
@chasingtheAmericanDream
@chasingtheAmericanDream Жыл бұрын
This was an excellent video! As a couple who is living in Mexico now full-time (for the most part) we look forward to doing response video to this soon. We would love to give our perspective on your wonderful thoughts.
@RedroomStudios
@RedroomStudios Жыл бұрын
as a Canadian living in Mexico I am feeling the pain of the worsening currency exchange this past 6 - 12 months. now its barely hanging on to 13 pesos per $. my main strategy to deal with it is to just stay in cheaper air bnb's. and also I have found that once I have stayed in an air bnb and made a relationship with the host that they will often consider making a deal with me to pay directly in cash. I am kicking myself now... I wish I could have seen this coming 2 years ago and moved more of my money to Mexico. if worst comes to worst I would move in with my Mexican girlfriend... her rent is only 2000 pesos per month!
@larrym2434
@larrym2434 Жыл бұрын
uhhh ... you are getting the worst exchange rate in the world. The official exchange rate is now 17pesos/dollar.
@missflix919
@missflix919 Жыл бұрын
@@larrym2434 Is it the worst? Look at the New Zealand dollar and Aussie dollar!
@jorgesalazar818
@jorgesalazar818 Жыл бұрын
​@@larrym2434he might be talking about Canadian dollars.
@larrym2434
@larrym2434 Жыл бұрын
@@jorgesalazar818 you're right, I figured that out after the fact. The last time I was in Canada, the Canadian dollar was stronger than the US dollar. It's funny how these things change.
@livingontheedge8680
@livingontheedge8680 Жыл бұрын
@@larrym2434 $1 USD = $1.31 CAD right now
@brandon_wallace
@brandon_wallace Жыл бұрын
Creo que el número de vistas en los videos están disminuyendo porque hay un montón de videos disponibles. Cada día la gente suben horas y horas de vídeo de cada género. No es posible verlos todos desafortunadamente.
@AdamGordon1977
@AdamGordon1977 Жыл бұрын
Thanks for sharing this. I enjoy your content.
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
Thanks for watching my content 😃
@WeeklyAWE
@WeeklyAWE Жыл бұрын
great info. thanks
@brianworley3630
@brianworley3630 Жыл бұрын
Very timely video. My wife and I were set to move down in September after obtaining our TR months ago. Now with the 15% drop in the conversion rate and (projected to go lower) we have to suspend our relocation. And see what transpires in the next 6 months. Checking a few FB groups I see we are not the only ones having to change plans. Not good for us non wealthy gringos. However I would imagine this is beneficial for the Mexican nationals. So I am happy for them!!
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
Thanks for your comment. I hope you find a solution very very soon that makes you feel relief.
@edwardschneider6396
@edwardschneider6396 Жыл бұрын
Pesos are stronger because the United States stockmarket is overvalued. The market will drop 20-30% by October 2023.This is normal. The peso should rise back to 18-19 pesos per dollar. Plus, the USA is raising Interest rates two more times in 2023. I live in Puerto Vallarta the past six years. I have done stocks and bonds investing the past 25 years. Just be patient the next three months.
@santillansantillan6538
@santillansantillan6538 Жыл бұрын
I am Mexican from CDMX. And that thing about gentrification is false, Mexico has always had a lot of gringo tourism, and that's why we Mexicans love that gringos come because they generate jobs and bring dollars and that's very good for everyone. This lie of gentrification began when the new Mexican government came in, which is pro-Cuba communist, and it is a falsehood made by the Cubans who want to destroy our gringo tourism, since the Cubans of the new government of Mexico are anti-gringos, they do not want them to come the gringos. But we Mexicans tell you, the tourist or expatriate brothers who are welcome in Mexico, do not believe bad things.
@williamtiffee3799
@williamtiffee3799 Жыл бұрын
@@santillansantillan6538 Interesting that most aren't wise enough to SEE who and what is BEHIND "increased prices and taxation..." and just 'blame' whomever the corporate government and their co- opted "Medea" tell them, is behind the problem(s) THEY intentionally create... and subject the 99%ers to, worldwide. And subcorporate UN nation state and territorial BUSINESSES (and parent companies, masquerading as "governments," today) raise housing to food and fuel, etc. prices, NOT 'tourists!" (People really need, to WAKE UP!)
@jaztec68
@jaztec68 Жыл бұрын
Go to Colombia. I travel to Mexico every month, but also go to Colombia. Cali, Colombia and the surrounding areas are real cheap.
@na_k
@na_k 7 ай бұрын
This was really informative, especially the part at the end comparing worker's rights in MX vs. U.S.A. Could you do a more detailed video on this, maybe comparing salaries and benefits for similar technical jobs (software engineer, cloud and security analyst/engineer)?
@georgejetson9801
@georgejetson9801 6 ай бұрын
I'd be interested in this too.
@marcialynn3469
@marcialynn3469 Жыл бұрын
I live in San Felipe, Baja California...almost 2 years now. I love my house by the beach. I'm retired on SS and don't anticipate moving back. Ever. I'm from NYC/Miami Thanks
@marcialynn3469
@marcialynn3469 Жыл бұрын
Tangerine travels channel failing since their break up and his wife started her own channel, not because of economy!!! He is not fun to watch any more
@diegosaul402
@diegosaul402 Жыл бұрын
I'm a mexican living in Mexico City and I think that moving to Mexico is still a good idea if you earn around 2k USD/mo (post taxes). You can live in mid range and secure neighborhoods paying 12k pesos for rent in Mexico City. But, you don't NEED to move to the most expensive mexican cities, you can get to live in nice neighborhoods for half on cheaper cities. 2k USD still puts you on the upper-middle class in Mexico. On the other hand, even 6k MXN is HUGE, 80% of mexicans can't afford that rent. You can see why mexicans think foreigners are the reason for prices increasing but we all have to know that you are not the only reason. Mexico like many other countries has seen an increase of the rent costs, averaging 60% on the past year but 2x for places with high foreigners concentration (from personal experience, I was in the market for a place to rent in Mexico City for the past year). Feel free to come to Mexico, you can still live a very comfortably life here, just keep your expectations clear.
@gfk6560
@gfk6560 Жыл бұрын
Hola hermano, would middle class environments that may be more affordable honestly still be secure for supporting expats?
@jayjones7891
@jayjones7891 Жыл бұрын
I understand that us Americans have this idea about Mexico, but you culture and language is so rich! Perfecto!
@pulsatingsausageboy2076
@pulsatingsausageboy2076 Жыл бұрын
I am no expert but from what I do know I would say it depends on where you decide to live. Ex-pats have ran the cost of real estate way up around places like Quintana Roo but if you go just a short drive north up to someplace like Merida the cost of living drops significantly from what I understand.
@estellar.367
@estellar.367 Жыл бұрын
Hola Karenita, quiero agradecerte porque tu bello canal me ha ayudado mucho en estos moentos dificiles, ver tu canal con tu voz suave y tu bonita personalidad muy serena y llena de paz pero alegre y con chispa es lo que necesitaba. tambien aprendi mucho, queria sugerirte porque no habres otro canal en ingles o español y que sea de superacion personal. donde des consejos o comprtas historias o experiencias que motiven e inspiren o que ayuden a un cambio social o reflexion o que des consejos, o consuelo, tu tienes mucha sabiduria dentro de ti . yo veo que tienes mucho que dar. tu aura es muy bonita tienes un gran corazon, me gustaria tener una amiga como tu. en verdad piensalo, un segundo canal, pero como coach.
@angelcriver9219
@angelcriver9219 Жыл бұрын
Me salio tu video por casualidad y me an gustado los demas videos que e visto, saludos desde cdmx😸
@eventzbysol
@eventzbysol Жыл бұрын
I live in California and used to travel to Baja regularly. I don’t go as much any more. It is a lot more expensive. I even felt some things at the supermarket or membership stores where cheaper in the United States.
@pearlperlitavenegas2023
@pearlperlitavenegas2023 Жыл бұрын
Not everyone is.moving to 🇲🇽 because it's "cheap"...I'm not. I'm moving to return to my roots (parents immigrated to the 🇺🇸 in the early 70s)freedom, culture,catholic religion, food security, etc. Cost of living is not a big issue for me. Besides I believe the current strength of the peso vs dollar is temporary
@50alexrod
@50alexrod Жыл бұрын
Mexican society is prone to speculation against dollar since I remember. If you cross the triple border of Argentina, Brasil and Paraguay, you may find a very active currency market reflecting an actual offer and demand of each cy. In Mexico it obeys to more emotionally oriented speculation and generate more fluctuation than you can actually predict. In my opinion is temporary and anounces not the success of nearshoring an mexican economy, but a very strong market trying to generate bubbles and manias, because panics and crashes are consequential. It doesnt make sense that mx governmant raise debt instruments rates and the outstanding amount doesnt grow up.
@mattferencevich7549
@mattferencevich7549 Жыл бұрын
Thanks for the video. My gf lives in Xalapa, which is still cheap compared to alot of Mexico. My gf found Mexico city and Tijuana much more expensive. Jobs dont pay well here unless government and prices also have gone up here
@kevinaso13
@kevinaso13 Жыл бұрын
Wow two videos in one week 🔥 🔥
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
Sí!!!
@marccollins6197
@marccollins6197 Жыл бұрын
Muy interesante
@tr.m.8831
@tr.m.8831 11 ай бұрын
It is still a good option and plan to move back to QRO. Paid in USD and taking a chance because of the quality of life and savings will win out. The key is to have low expenses and make some compromises i think...selling our car and staying in mexico with a longer term rental with everything. Hoping for the best. Btw, Spanish class w karen is fantastic.
@Searchingforsomething-sf2cf
@Searchingforsomething-sf2cf Жыл бұрын
Retirement accts in the U.S. have really plummeted since the pandemic. That may be causing people to postpone retirement. I personally have a plan to retire in 3 years, but I'm assuming that the retirement accounts will start catching back up to where they were. It might not be the exchange rate that's slowing your views. It may be that people are just postponing the dream to move to Mexico for now. Hopefully the U.S. economy gets back on track so that people can keep dreaming!
@JacobTopleyFinance
@JacobTopleyFinance Жыл бұрын
It's going to be very interesting watching the house prices and rental rates in CDMX over the next few months as most remote jobs are experiencing lay-offs or a call to return to the office. The salaries in Mexico are getting much better, but it's heavily dependant on the company you work for. I've met mid-20 year olds that work at start-ups making $60,000usd per year, and I've met directors with 5 years+ experience that barely scratch $30,000usd per year. Typically older Mexican companies are still paying a lower salary. Also, traditionally high-paying jobs in the US or UK are not so attractive. Doctors, Lawyers, and even clients who work at the big 4 struggle to make more than $20,000usd/y when they start.
@AlanRomero745
@AlanRomero745 Жыл бұрын
Feedback about the video. Because the nature of the video is numerical in nature, I would have liked a little more focus on actual costs of living. For example, "in 2020, you only need to earn X for Y at Z, but now in 2023 you need to earn A for B at C." Or maybe rent prices across time in Mexico to see how that would also be contributing to costs of living. Thank you for the thought-provoking video, but nerds like me wanted more numbers 😂
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
That's a great idea! Thank you
@laika3916
@laika3916 Жыл бұрын
Most of the what is happening to the exchange rate is simply a correction after the peso abruptly dropped to 25 when markets absorbed the fact that covid would slow down all economies, and especially those that export oil, which would no longer be needed in the same quantities. When covid hit, the peso was around 18, so it is not currently that far off where it was pre-covid. The difference now is that interest rates on the Mexican peso are favorable when compared to those of other major currencies and nearshoring seems to be giving a big boost to the Mexican economy. The currency of developing countries always loses value against the US dollar and other major currencies over time (just check out the charts). It would be nice to see the Mexican peso buck the the trend just this once. If it does, which it hasn't yet despite its relative strength, it would be a reflection of an economic shift in terms of income derived from manufacturing goods for mainly foreign companies primarily investing in Mexico to export products to the US market at lower cost.
@el_deplorablede_tejas1394
@el_deplorablede_tejas1394 Жыл бұрын
"Covid" was intentionally done. Stopping Global production to increase the cost of inventory. Thanks to the WEF. All part of the PLAN. You will Own Nothing and be Happy -Klaus Schwab.
@rollwiththepunches5932
@rollwiththepunches5932 Жыл бұрын
El Salvador in the last 12 months is getting more expensive too, food, housing etc im not sure about wages going up Il ask my family over there about that one, hopefully they are
@user-zyxx-rk5sg
@user-zyxx-rk5sg Жыл бұрын
today it’s 16.7 which is 1USD:16.7MX$, it costs much more and more US Dollars to live in Mexico, the dream of retiring in Mexico is definitely gone, if this exchange rate is lasting a long time, we will see the trend of retirees moving out of Mexico, I am thinking the Panama or Ecuador, where can use US Dollar directly would be better
@Omarvazcar1
@Omarvazcar1 Жыл бұрын
Few less pesos is not that bad , people who make dollars can afford it . Living in the USA is way more expensive than Mexico. Example: I pay my cleaning lady 30$ dollars per hr in Mexico they get paid 30 dollars for long shift and more work. So for expats is always going to be better . Even if they cry for that one peso cheap
@estellar.367
@estellar.367 Жыл бұрын
Karencita tambien te comentare mucho, para tu algoritmo en Ingles y en español
@alinhirist7780
@alinhirist7780 Жыл бұрын
❤ Mexico❤
@annastayziaa
@annastayziaa Жыл бұрын
viva la raza! 🥰🇲🇽
@tahiti1
@tahiti1 Жыл бұрын
Let's not forget though that a high exchange rate is a sign of confidence by the international financial community in the future of Mexico ( and on the flip side decreasing confidence in the US dollar and the ever declining USA). If you contrast how well interest rates have been managed in Mexico by the central bank versus the slow reaction by the US Fed, the difference is phenomenal. Mexico is also benefitting from several long term trends in commodities and near sourcing, plus tourism, including medical tourism from the US, and short term trends from the high interest rate "carry trade" (which may mean that the peso will weaken again when the gap between US and Mexican interest rates eventually reduces). Having a stronger currency has both advantages and disadvantages and the government will usually work to keep the currency competitive over time, if it goes too far one way or another. Important to remember that prices and wages also vary significantly within Mexico. My cost of living in Guadalajara is half that of CDMX, and the cost of living in Chiapas is comparable with Colombia.
@tahiti1
@tahiti1 Жыл бұрын
Great video though as always Karen, your videos are always insightful, reasoned, balanced, heartfelt and enjoyable to watch.
@OldEarthWisdom
@OldEarthWisdom Жыл бұрын
I follow international geopolitics and now that the US is breaking ties with China that work will be coming to Mexico. It looks like Mexico will be one of the richest countries in the world in the near future. I am watching my money leaving my pocket very quickly now with the dollar so low and the cost of everything going up so fast. It is time for me to leave Mexico.
@santillansantillan6538
@santillansantillan6538 Жыл бұрын
I am Mexican from CDMX. And that thing about gentrification is false, Mexico has always had a lot of gringo tourism, and that's why we Mexicans love that gringos come because they generate jobs and bring dollars and that's very good for everyone. This lie of gentrification began when the new Mexican government came in, which is pro-Cuba communist, and it is a falsehood made by the Cubans who want to destroy our gringo tourism, since the Cubans of the new government of Mexico are anti-gringos, they do not want them to come the gringos. But we Mexicans tell you, the tourist or expatriate brothers who are welcome in Mexico, do not believe bad things.
@gfk6560
@gfk6560 Жыл бұрын
Where is the best place to stay up today with geopolitics
@chonkyb3134
@chonkyb3134 Жыл бұрын
It’s over for now!
@sadie9527
@sadie9527 11 ай бұрын
My only reason to come to Mexico was to live within my means. That being said i can now live in my home in Florida for LESS than living in Mexico so … no point
@-whackd
@-whackd Жыл бұрын
So rent for a studio apartment has moved from ~$300 to ~$400? That would mean Id have to work about half a day to save up for the difference. I think Ill still try to go to Mexico all winter, as I am doing online university now.
@williamduffy2
@williamduffy2 Жыл бұрын
To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income, particularly on a weekly and monthly basis. That's the key to living a financially stable life. This trick has never failed. I pray that anyone who reads this will be successful in life and put this basis to work and practice. Jessica Darrell have been a great manager, mentor and guide. Her support and advice has helped shaped my crypto trading career.
@jakestobie8562
@jakestobie8562 Жыл бұрын
I get a lot of recommendations for Jessica Darrell from friends. Her strategy must be good for people to testify a lot about her.
@jeanrosemellinger1582
@jeanrosemellinger1582 Жыл бұрын
I have been getting so many recommendations about her as well how do I reach her
@williamduffy2
@williamduffy2 Жыл бұрын
For real she's very profitable
@williamduffy2
@williamduffy2 Жыл бұрын
Whole life is a joke in every sense, the investment side of a whole life policy gives the poor return and stabilized the rich
@trevormulder9044
@trevormulder9044 Жыл бұрын
How does this whole crypto thing works I'm interested in it and willing and ready to invest heavily but I need an assistant to properly guide me through on how to make a good startup and be successful in it without making mistakes
@ziggyflame6988
@ziggyflame6988 10 ай бұрын
Aaaah I hope I don’t sound mean or rude but when my aunt and cousins from Mexico ask for stuff how they need clothes,shoes and a new iPad and just stuff in general I feel like I’m being milked because they live in the most richest colonia called San Pedro garza García . I live in SA Texas,so their neighborhood is like an Alamo heights but in Mexico 😂😂😂 it’s so beautiful there’s no way they don’t have enough money for stuff in general because everything in the U.S just keeps increasing . That’s why my parents are debating on selling their house that they have in Mexico. Incase the economy gets out of control over here in the U.S and so far it’s crazy lol😂
@mazgirl5771
@mazgirl5771 11 ай бұрын
A way to increase views... you could also include the closed captions in Spanish... for both native spanish speakers and those of us who like to see in both languages. :)
@jacksonnicolem
@jacksonnicolem Жыл бұрын
As long as you move to Mexico and don’t try to replicate your US life it will still be beneficial. The way of life is a big thing too.
@josem6761
@josem6761 Жыл бұрын
Karencita, where are you guys planning on living now that you are back in Mexico?
@dangergarcia1443
@dangergarcia1443 Жыл бұрын
Most expensive place in Mexico is cabo san lucas. I been here all my life and las 12 years price went up for everything.
@atypocrat1779
@atypocrat1779 Жыл бұрын
It’s going to get stronger as companies flee China
@reza2kn
@reza2kn Жыл бұрын
I'm only saying this because I like you and want your channel to grow. I know it takes a lot of work to run a KZfaq channel, specially if you're doing it in another language, which you speak very very well. It's not nice to have 3:30 minutes of a 9 min video doing an intro and promotional stuff, that's not why people are here, and that could be a reason why a lot of people like myself, wouldn't go back to the channel/subscribe.
@CarenWilson
@CarenWilson Жыл бұрын
I am glad you returned to Mexico. I have watched your videos for a while. Can I be honest? I don’t like your makeup. Someday we will meet up in person. I will do it for you !! Spanish again soon ;) will be in PV by next year
@guadalupesamano1748
@guadalupesamano1748 Жыл бұрын
Karencita porque no haces vídeos en español con subtítulos en inglés? Ya tengo tiempo siguiéndote y tu canal no sube , porqué yo me pregunto? Ay otros muchos extranjeros que solamente reaccionando a vídeos de otros KZfaqrs ya tienen hasta 600, 800 k o un millón , porque? Saludos Karencita 👍👍
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
Buena pregunta. Tal vez sea porque los hago en inglés ... Realmente no sé pero es cierto, hay que intentar en español
@pinkworld9384
@pinkworld9384 Жыл бұрын
Especialmente los Españoletas y Rusos( Alemanes Coreanos etc) que se cuelgan de videos de MEXICO especificamente! Saben que 💰 💰 Cashing MEXICO! Si le preguntas a un Español sobre Mexico la mayoria no sabe nada!
@neilpollack3514
@neilpollack3514 Жыл бұрын
@@LaKarencitaMX Iba a decir la misma cosa. Me gustaría aprender más sobre la vida expat y también practicar español.
@ronaldoago-go5907
@ronaldoago-go5907 Жыл бұрын
Que bien idea en verdad.
@marcosreal11
@marcosreal11 Жыл бұрын
It’s because most of her audience is English speakers. If she were to put her videos in Spanish, she would lose much of her audience. So don’t be selfish, there are many other ways to practice Spanish, including taking her course.
@GlobalAdventurer
@GlobalAdventurer Жыл бұрын
It probably could be bad for people who live paycheck to paycheck. And that's anywhere. If the exchange rate is really causing people issues, they would have the same issues no matter where they live. Because there's always the chance of inflation and exchange rates going up and down and it has been for years. So nothing new.
@drewgrows7765
@drewgrows7765 11 ай бұрын
You should make one video per week.
@hoppeanofasgard1365
@hoppeanofasgard1365 Жыл бұрын
So which city did you like best, Manizales or Cuenca?
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
Manizales will be in my heart for sure. I'm not sure if it's because of personal reasons but I truly enjoyed it
@hoppeanofasgard1365
@hoppeanofasgard1365 Жыл бұрын
@@LaKarencitaMX prettier town? friendlier people?
@sharkboyjuan
@sharkboyjuan Жыл бұрын
Manizales is a really attractive good retirement for older folks.. and young but it seems so cause of relative safety you feel
@hoppeanofasgard1365
@hoppeanofasgard1365 Жыл бұрын
@@sharkboyjuan But is it safer than Cuenca?
@kickmcconnell
@kickmcconnell Жыл бұрын
Interesting topic. Thanks for the great video. If the peso continues to get stronger, do you think this will slow the “gentrification” of Mexico?
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
That's a good question. What do you think?
@kickmcconnell
@kickmcconnell Жыл бұрын
@@LaKarencitaMX I think it may slow some US and Canadians from moving to Mexico, but now with the peso getting stronger, it may allow more Mexicans the ability to spend more keeping the inflated rent and other prices from declining. But 🤷🏻‍♂️
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
@@kickmcconnell I agree, there's a lot of benefits for Mexicans now... Should I start working for a company in Mexico? I wonder...
@kickmcconnell
@kickmcconnell Жыл бұрын
@@LaKarencitaMX maybe!
@santillansantillan6538
@santillansantillan6538 Жыл бұрын
I am Mexican from CDMX. And that thing about gentrification is false, Mexico has always had a lot of gringo tourism, and that's why we Mexicans love that gringos come because they generate jobs and bring dollars and that's very good for everyone. This lie of gentrification began when the new Mexican government came in, which is pro-Cuba communist, and it is a falsehood made by the Cubans who want to destroy our gringo tourism, since the Cubans of the new government of Mexico are anti-gringos, they do not want them to come the gringos. But we Mexicans tell you, the tourist or expatriate brothers who are welcome in Mexico, do not believe bad things.
@drewgrows7765
@drewgrows7765 11 ай бұрын
Why not move to Columbia?
@jessierios7734
@jessierios7734 Жыл бұрын
Im planning to move to mexico in 2 yrs, what about a teacher iñ US, can i work as an English teacher there? Im completely bilingual.
@MaRia-mq1kz
@MaRia-mq1kz 10 ай бұрын
Of course you can but mainly in private schools and not all of them pay the same. A teacher salary in Mexico is not so great. But again, dependes on the school you're teaching
@everydayman88
@everydayman88 Жыл бұрын
I mean it’s still a better deal then being in America. You can still live a more affordable life.
@Majikmind72
@Majikmind72 Жыл бұрын
I had a long term plan within the next 5-6 years to move to Mexico. Now who knows? Oh well , I'll cross that bridge when I get to it ...but i'm still definitely leaving the US. 😂💯👍
@theedgeofoblivious
@theedgeofoblivious Жыл бұрын
!Llevo muchos años aprendiendo español, entonces espero que no!
@hawkkim1974
@hawkkim1974 Жыл бұрын
Fine! We then move to another cheaper countries. Nothing lasts forever!
@pinkworld9384
@pinkworld9384 Жыл бұрын
Analyze your channel! Notice that foreign youtubers especially Spaniards Russian's Koreans Germans Gringos etc etc ALL do videos in SPANISH. They know that the Spanish speaking countries especially Mexicans will support them and 💵 💵 CASHING! 💰 Many like the Spaniards Russian's REACT to other youtube videos about Mexico and have NEVER step foot in Mexico! They take advantage! None have subtitles in their foreign language. Haz lo mismo en Español tu y Paul! 💜 Tu si te lo mereces eres Mexicana!🦋
@statingtheobviousify
@statingtheobviousify Жыл бұрын
That's a nice thought but I think that you're missing something important. There is a very strong and unfortunate inferiority complex among many Mexicans which makes them see foreigners as superior. This is the reason that the channels that you mention are popular. There is a large number of Mexican viewers who seek validation from these videos. They feel vindicated when people that they see as superior recognise and appreciate Mexico and their culture. It's this exact phenomenon which goes against Karen. As a Mexican with indigenous features, she has nothing to offer these people seeking approval. This is all too obvious when you notice that a lot of the Spanish comments on Karen's videos are very negative towards her. She even made a video about this. kzfaq.info/get/bejne/peCdrdF02Zaae4k.html
@hectorcruz3368
@hectorcruz3368 10 ай бұрын
people who make a decicion ro move to Mexico is exelent idea, the US goverment kills his how people like the 7/11 on New York and now on Hawaii and alot more bad things are happening in Mexico the health care is going to be free and more healthy food
@realrefuge
@realrefuge Жыл бұрын
I earned permanent residency in Mexico a few months ago and planned to relocate to Puebla from the US this year. Now I am considering a return to Armenia Colombia, in the coffee region. The financial requirement to achieve residency in Colombia is significantly lower.
@liveourbest2067
@liveourbest2067 Жыл бұрын
Meanwhile the views are going through the roof for expat Philippine KZfaqrs...I want to open a leather website and source products from Leon...Any idea how I would find suppliers there?
@sharonl4821
@sharonl4821 Жыл бұрын
I happened to be reading comments - this guy that I also watch: Luis intento de youtuber #Fino #plata #oro #lujo, - has videos on leather purses that are from the "fabricantes", maybe his info can help you.
@liveourbest2067
@liveourbest2067 Жыл бұрын
@@sharonl4821 thanks so much for this information going through his videos now very much appreciated.
@damienheads7151
@damienheads7151 Жыл бұрын
Yes, and it’s all your fault Karencita! 😆
@ronaldoago-go5907
@ronaldoago-go5907 Жыл бұрын
Yes it's all karens fault the rising costs the gentrification and the strong peso. Karen you are all power!
@feyolopez4712
@feyolopez4712 Жыл бұрын
✊🇲🇽🇲🇽🇲🇽🇲🇽🇲🇽🇲🇽🇲🇽🇲🇽🇲🇽🇲🇽🇲🇽
@Martincillo0569
@Martincillo0569 Жыл бұрын
Hola guapa, I'm new watching your vudeos, love them. But this title took my attention "exparts" I would call them immigrants for reales lets call things how they are.
@gfk6560
@gfk6560 Жыл бұрын
I thought immigrants were more like people who go to other countries such as the United States without proper documentation, and money to provide for themselves. Expats legally have their documents and help support the economy
@Martincillo0569
@Martincillo0569 Жыл бұрын
@gfk6560 I chose wisely my words. There are legal immigrants and illegal immigrants. The word "expart" doesn't even have a dictionary definition, or at least I did not find it. As you mentioned, illegal immigrants in the US, the majority of the people who own gasoline stations, are originally from other countries other than the US. I never heard them been called exparts.
@kandgsmom1
@kandgsmom1 Жыл бұрын
I think the word expats is typically used for people who are somewhat transient. They aren’t meant to stay in a particular place for the rest of their lives, or a very long time at least, planting roots. They’re more mobile. It’s more fitting for most northerners in Mexico. They go back home often, and they bounce around like they’re on a permanent vacation. When I think of immigrants, I think of people who go to another country more permanently. People who join communities and raise kids and work there.
@estellar.367
@estellar.367 Жыл бұрын
Karencita you are stunning. what a beautiful face you have, your face looks like an angel, with very fine lines, and your skin is so beautiful, have you considered to be a model
@jennyaguayo
@jennyaguayo Жыл бұрын
Nice website!
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
gracias amiga
@elperro3056
@elperro3056 7 ай бұрын
I have not been there in 2 year it look expensive now too much passport bro leaving the west and coming for cheap living and woman 🙈👍👍👍
@fernandoq9334
@fernandoq9334 Жыл бұрын
I don't think the Mexican peso would get too high. If it keeps rising, Tesla might change its decision on Monterrey.
@tarey05
@tarey05 Жыл бұрын
Mexico's application has just been approved as a member of the BRICS economies and will eventually use its gold-backed currency. This was AMLO's purpose in strengthening the peso against the USD which will shortly no longer be the world's reserve currency. This is the future in Mexico and its financial relationship with the US and Canada will be diametrically opposed. I was doing fine here in MX until just about 4 months ago. Starting my own at-home biz now. I worked too hard to retire in MX to give it up. Great topic and thank you!
@sieke87
@sieke87 Жыл бұрын
hopefully yes lol
@josephcohen9480
@josephcohen9480 11 ай бұрын
We all know why the fellas move to Mex, for the gorgeous ladies with sexy curvy bodies. Why don't more women in USA get surgery to have buxom features like Mexi Ladies?
@elchapojr6219
@elchapojr6219 10 ай бұрын
Expat is a fancy term for a White Foreigner living in a 3 world country or impoverish country yet we have Mexicans and other central and South American immigrants crossing the border we call them illegals 😂
@gaming-zombie1392
@gaming-zombie1392 Жыл бұрын
Cheap or Not I want to Live in Mexico because it's a Beautiful place to Live in... Also it will be easy for me I know Spanish my family are from Cuba...
@C_Bor
@C_Bor Жыл бұрын
You are wrong about being beneficial to Mexicans. Imagine you live in an apartment building in Mexico City. You make mexican pesos when you get paid for your work. From your pay, you pay the equivalent of 500 USD per month. Americans move to the same building but they offer the landlord 800 USD per month. Suddenly, you are out! The landlord will go for the Americans who can pay 800, so he will kick you out of his building. Many local Mexicans are complaining about the new influx of Americans moving to Mexico. The value of the peso is also working on behalf of the Mexican locals.
@LaKarencitaMX
@LaKarencitaMX Жыл бұрын
I'm not saying that isn't true. I know exactly what you mean because I live in Mexico and I have Mexican family and friends too. I'm just giving another perspective that is also true.
@C_Bor
@C_Bor Жыл бұрын
@@LaKarencitaMX All good. We are on the same page then. There is a big community of Mexicans that left Mexico for work in the US. Now when retirement comes, they want to go back to Mexico and spend their US money there because it buys more. I tell them to go to smaller cities. Their money will buy them more than Mexico city or some of the tourist towns. I am moving to one of those small places myself in one year.
@ronaldoago-go5907
@ronaldoago-go5907 Жыл бұрын
Your explanation is true, between the lines...the rising costs are not caused by expats they are the result of greed by the landlords and business owners. The gringo does not offer to pay more...as you know the gringo price is simply the seller asking too much...this is true regardless if the buyer is local or extrajeno the seller will push for the most they think can be tolerated by the market. My view.
@santillansantillan6538
@santillansantillan6538 Жыл бұрын
I am Mexican from CDMX. And that thing about gentrification is false, Mexico has always had a lot of gringo tourism, and that's why we Mexicans love that gringos come because they generate jobs and bring dollars and that's very good for everyone. This lie of gentrification began when the new Mexican government came in, which is pro-Cuba communist, and it is a falsehood made by the Cubans who want to destroy our gringo tourism, since the Cubans of the new government of Mexico are anti-gringos, they do not want them to come the gringos. But we Mexicans tell you, the tourist or expatriate brothers who are welcome in Mexico, do not believe bad things.
@gfk6560
@gfk6560 Жыл бұрын
Are expats really begging to offer more money in rent or are business owners and landlords just increasing the prices because they are gringos?
@wetguavass
@wetguavass 11 ай бұрын
immigrants
@danbradley1137
@danbradley1137 Жыл бұрын
Sadly, too much of this was you trying to sell things. I turned it off.
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