third Expat Anniversary, Condominium in Austin Bought, I Flip 65, and What’s Subsequent!
In Could, I celebrated my sixty fifth birthday. Effectively, I actually didn’t have a good time my birthday as a result of I by no means have a good time birthdays. That may be a complete totally different dialogue of childhood baggage. Nevertheless, this marks my eligibility to join Medicare.
In June, my spouse and I celebrated our third anniversary as expats in Mexico. We’ve got been authorized residents of Mexico for over 2 years as we acquired our resident visas in March of 2019.
In July, we bought our condominium in Austin for lots greater than we anticipated. This in some ways cuts out ties with Austin the place we lived for over 40 years. We had been in Austin for Could of 2021 to get COVID-19 vaccinated. What we skilled instructed us that now was the time to chop ties.
Let me cowl every of those however in a unique order.
I’ve been requested many occasions during the last 4 years when my spouse and I could be coming again.
My unique reply was we might not return till each of us had been Medicare eligible. In 2017, my spouse and I spent over $25K on medical health insurance premiums and medical bills and didn’t attain our deductible. We got here near assembly my spouse’s deductible.
My spouse, rather less than a few years older than me, is already receiving Social Safety and is roofed by Medicare A and B.
I’ll join Medicare earlier than we return to america in September in order that I wouldn’t have to buy journey medical insurance coverage.
Medicare covers just about nothing exterior of the US. Even in the event you join a Medicare Benefit Plan, protection exterior of the US is spotty at greatest. On our final journey to Austin, my spouse noticed a specialist for no different motive than to ascertain a relationship with docs in order that they are going to be accustomed to her medical situations.
In case you are considering my spouse does have medical health insurance in Mexico you might be appropriate. Please learn considered one of my current posts known as, Example of Amazing Expat Healthcare in Mexico in the Time of COVID-19 and you’ll perceive that healthcare is extremely reasonably priced and good. If one thing actually dangerous occurs we’ll return to america for therapy. It is a widespread technique utilized by expats in Mexico who can afford to pay for medical bills out of pocket.
Now, my reply is that we have now no present plans to return to america.
Condominium in Austin – Bought
We held onto our condominium in South Austin, discovered an excellent property supervisor, and rented it out. We might be approaching 3 years of renting out the property on the finish of 2021. At which period, the capital beneficial properties exception would run out except we moved again and reestablished it as our major residence.
With the explosive worth escalation in Austin, now was the time to promote.
I moved to Austin in 1978 and acquired my first dwelling on the age of twenty-two for simply over $33K. Austin was essentially the most reasonably priced housing market in america on the time. These days are lengthy gone which saddens me as a result of Austin was an excellent place to dwell again then.
We put up for sale in late June. We had a contract inside every week and closed the deal in the midst of July. The closing was dealt with utterly on-line utilizing a platform known as Pavaso. This allowed for the title firm to notarize the closing paperwork remotely. In 2018, the Texas legislator handed a invoice that allowed this but it surely wasn’t till the COVID-19 pandemic did anybody benefit from it.
The one place I can get a US doc notarized in Mexico is the US consulate. At the moment, the consulate in Guadalajara has no appointments for notarization, and I must go to the Mexico Metropolis consulate which is extremely inconvenient.
This basically cuts our ties to Austin. Technically, we’re nonetheless Austin residents as we keep a mailing deal with in Austin. Our financial institution accounts are with a few totally different Austin-based credit score unions and our automobile is registered in Texas. We’ve got Texas driver’s licenses with our Austin mailing deal with. And, lastly, we’re registered to vote in Texas.
We’ll nonetheless return to Austin to deal with enterprise however much less ceaselessly. We’ll return in September to resume the registration on our automobile. On that journey, we’ll fly to Maryland to go to with our son and his spouse who simply bought their first dwelling.
The sale frees us from worries like one other snowpocalypse in Texas.
third Anniversary as Expats in Mexico
We’re positively rather more snug dwelling right here than we had been 3 years in the past. We simply signed a one-year lease on the house we dwell in. I lastly have dependable “sort of” high-speed Web.
What have we realized within the final 12 months?
We’ve got no tv service by selection which implies no cable information. That may be a blessing.
Watching the political discourse in america from South of the Border has been a studying expertise. We had been in a position to vote final November through the Vote from Abroad website. That is an incredible service!
Neighborhood is vital. We’ve got constructed a group of expats and Mexicanas. Try my submit Community – What Is The Value Of Belonging To One?
I’ve reached a minimal means to speak in Spanish. The pandemic interrupted our Spanish lessons, which have resumed over Zoom. I additionally realized that studying a international language in your 60s is difficult.
Each my spouse and I are more healthy than we have now been in years which I attribute to the wholesome meals out there and the wholesome life-style. We use the automobile sometimes and stroll nearly in all places. We’ve got realized that the American “life-style” just isn’t a really wholesome “life-style”.
I’ve partnered with Amava.com to supply a wide range of “circles” on their platform on turning into an expat.
The primary is a free introductory session, Experiencing Expat Life: An Introduction to Becoming an Expat.
For those who’re considering of shifting abroad, thoughtfully contemplating all of the totally different facets of life that go into making a profitable transition overseas will guarantee your transition to life as an expat is a clean one! On this introduction expat session we’ll focus on how the challenges of sustaining and constructing relationships once you’re an expat pertains to the next key areas:
- Immigration and Funds
- Healthcare and Well being Insurance coverage
I’m additionally providing 5 low-cost “drop-in” circles known as Becoming an Expat. There’s one session for every of the 5 areas listed above.
I’ve been providing the same program for the final 4 months and I’ve realized it’s all about relationships.
Contemplating Shopping for a House in Mexico
After 3 years, we’ll begin exploring the chances of buying a house. My spouse and I are usually not positive if we wish to do that as renting provides us a whole lot of flexibility. Shopping for property in most nations exterior of the US and Canada is simply totally different. Most houses are typically very illiquid. Homes could sit in the marketplace for years at a time. Due to this fact, in the event you purchase you had higher plan on staying.
We’ll take our time and look. We’re very blissful about the place we’re renting proper now.
Promoting our Automobile
We might be promoting our Texas-registered automobile inside the subsequent 12 months and a half. I’ve a Mexican short-term resident visa which I can have for 4 years earlier than I’m required to transform to a everlasting resident visa. You possibly can’t carry a foreign-registered automobile into Mexico after getting a everlasting resident visa. You possibly can take it again to the nation the place it’s registered and promote it. Alternatively, you are taking it again to the border and “nationalize” it, i.e. get Mexican registration. Getting a automobile nationalized could be very costly and is fraught with problems. Most consultants say don’t nationalize a automobile.
We’ll return to Texas and promote the automobile after we are prepared. We’ll both go carless or buy a automobile in Mexico.
In case you have any questions be at liberty to remark under or take my free circle, Experiencing Expat Life: An Introduction to Becoming an Expat.
Hasta luego mi amigos.
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