RE: Mexico City
Hi Harryhonolulu. Nice handle.
I lived in Bogota for 3 years and I've been living + working in CDMX for a little over 1 so I may be equipped to answer your questions. I live here as bohemian and minimalistic, so take that in mind. If the good life to you is German luxury automobiles, bottle service, pâte, and clubs with smoke machines, you may want to read what I'll write below with a more critical eye.
I've cut out the rest of your post and will respond to some of your questions below directly.
- I have been to Mexico City and felt as safe there as I do in Downtown Brooklyn (minus the Mexican SWAT teams on the corners). But more generally.. how safe is Mexico, the country?? I can't put a finger on it. One one hand I read horrific accounts about how stepping into the wrong town will get you decapitated. On the other hand I've often been a staunch cynic of the US's portrayal of Mexico and feel like it's completely blown out of proportion. So on a practical level, how is it? Can I rent a car in Mexico City and take a trip exploring the country (like I did in Colombia) or will it go horribly wrong?
Mexico has pockets of tranquility and pockets of danger.
Based on what the locals who have been there or have family there are saying, here are some of the dangerous areas: The border cities, certain cities en el Estado De Mexico (e.g. Ecatepec), Acapulco, Michoacan, Colima. Others friends have told me that Veracruz and Jalisco (state of major city Guadlajara) are increasingly becoming more dangerous.
My understanding, however, is that the danger in these towns has more to do with mafia/narcos targeting locals for racketeering and kidnappings -- and not so much foreigners. I'm won't offer the above as travel advice, but I'm inclined to believe it.
After living in CDMX for a year in la Colonia Roma, I haven't felt any sense of danger in this city. That said, I'm also not fucking around in Tepito, Doctores, or el Estado de Mexico.
Wealthy and upper-middle class alike freely take trips to nearby 'pueblos magicos' and around the country. I've taken trips as well, both by bus and as a car passenger, and didn't experience any sense of danger or menace.
- How do real estate prices in Mexico City or Bogota compare with, say, New York City?? Again I am getting a little confused. The fantasy of how far my dollar would go got erased when I looked up properties in Polanco, Roma, La Condesa. They weren't NY prices but they were surprisingly expensive.
If you're looking on Airbnb, you're going to get hosed. Saavy locals have bought apartments in those destinations and treat Airbnb like a hotel booking service for foreigners.
The best deals are posted at the property in the neighborhood where you want to rent. Renting permanently is significantly cheaper than NY and any major US metro, but it can be a challenge to get an apartment as a foreigner.
The reason for this is that the vast majority landlords require an additional guarantee in the form of a fiador, a property owner who offers property as collateral for lease payment, or an aval, a creditworthy 3rd party who can guarantee payment of the lease. I'm not aware of any way that you can obtain these documents as a foreigner. You can get around these requirements by offering more additional months in prepaid rent or deposit money. But if you're going to take advantage of these deals, you'll need to know Spanish or have a local friend can help get you set up.
To round out my answer to your question...food and dining are cheaper. Uber and public transport is cheaper. Entertainment is cheaper. Electronics, more expensive. Cars, more expensive. Hotels, cheaper. Flights within the country, cheaper. I say all this as an American accustomed to cost of living from big city Texas.
- What's life in Mexico City like as a resident? I have this romantic idea that it's frenetic but also wildly exciting, a cauldron of fascinating characters, amazing food, warm people, Europe-meets-Azteca, art.
Life here is what you make of it.
I live bohemian and minimalistically and spend a lot of time reading in my apartment, going to museums, walking the city, and fucking around in coffee shops. I irregularly go to the gym, and I jump rope once or twice a week in the landlord's driveway. I don't really go to bars or clubs, but I go to the occasional cocktail or jazz bar. I often eat out at trendy casual restaurants and go to indie movies with my girl.
This city is enormous... Hay de todo para todo.
For me, it's the 21st century version of Samuel Johnson's London. You have forward thinking, chaos, beauty, ignorance, dynamism, status anxiety, resignation, and tension. In many parts of the city, there is a sense of dilapidated grandeur. There is an odious current of classism, but that's par for the course in Latin America. For me, the city offers a great mix of traditionalism and cosmopolitanism. Moreso than Colombia which struck me as more insular.
Being an anonymous foreigner with dollars in my pocket who speaks the language and who has a blue passport, my lifestyle here is superb. People here are open and curious about foreigners and they treat us better than they treat eachother.
All told, I can never go back to the USA after living here.
But Spanish proficiency is a must if you're going to squeeze the juice out of this city.
- To those who earn US dollars and live abroad, how did you deal with the whole taxation conundrum? Did you continue paying taxes in the US and also in Mexico?
If you work for a Mexican company more than 183 days a year, you are supposed to report and pay taxes on worldwide income. To get around this, I structured my work contract to work for less than <183 days so that I will only pay taxes on Mexican income.
I'm actually in somewhat of a gray area and am living here on a tourist visa and working with a friend who has a Mexican company, however I do plan to pay taxes on my Mexican earnings in April of next year.
- Does Mexico have health insurance?
Not qualified to answer. I had a close family member who required hospital care for cancer treatment and the bill struck me as quite inexpensive given the nature of the treatment and length of stay. I don't remember the number, as it was some time ago.
- What type of Visa would I need to live part-time in the country?
As an American citizen, your entry comes with a tourist visa valid for 180 days. I believe it is the same for EU passport holders, but Do Your Own Research.
While the length of consecutive stay is 180 days, there is no calendar days per year limit to the time you can stay here. In other words, you can come and go and come and go indefinitely based on current immigration laws, at least for American citizens.
- How are Italians viewed in Mexico? Any experiences?
Italians and French seem to be viewed quite favorably here in CDMX.
- Is it unfeasible to invest in a property in Mexico City, live half the year there and the other half in Los Angeles or NYC? Ironically my flight from Mexico City to Los Angeles would be shorter than the current one from NYC to LA) so distance isn't an issue.
Won't give advice here, but I will mention some things to keep in mind.
- Mortgage rates are high
- Foreigners can only own property through a bank trust (fideicomiso)
- There have been 2 major earthquakes in the last 20 years, and the city is built on top of porous soil of a former lakebed, which amplifies the tremors.
- Property values + rents are increasing.
- I guess a big conundrum is that I LOVE Colombia-the-country and Colombian women. I mean, damn. I was there for 2 months and slayed. I'm not a kid so I feel like I have 3-4 years left of full on hunting. But... Bogota as a city just doesn't appeal the way Mexico City does. And besides Bogota I don't see many other "major" cities in Colombia I could live in. (they're just way too provincial - Medellin included).
Thoughts hugely appreciated...
The female talent here is vastly inferior to Bogota, Colombia. No way around that. The girls here in general aren't as sexy but I've found them to be more nurturing, intelligent, and enjoyable outside the bedroom. Colombianas are built for speed and Mexicanas are built for distance, if you know what I mean.
The Colombian countryside and landscapes are also more scenic, although Mexico doesn't disappoint on this count. Mexican beaches are far better.
Other than the two items above, I've found CDMX superior on every count. But I'll repeat, Spanish is a must if you're going to make a go of it long term.
(This post was last modified: 09-06-2018 11:21 AM by arafat scarf.)
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