Can US citizen buy a home for retirement in San Luis Potosi?

Question

I employed a guy from there who told me that I should buy a home there now for later retirement. What do you think? Anothor fellow said Aguas Calientes was the place to go.

Answer 1

The other two answers are partially correct but misleading.  Yes you can buy property in Mexico but don't be in a hurry.  Visit various areas, rent for a few months in each, check the culture, climate, amenities ... and then decide.

Mexico is a great place but not for everyone

Answer 2

Mexico does allow expats to buy property.  Just not beachfront property.

Answer 3

Yes, you can, it will be easier for you once you buy it to quickly establish your residency because you will be given a huge hastle if you want to do paperwork (sell, transfer, etc.) and will be charged even more if you are not a resident. Either state is fine - I chose Nuevo Leon because it is closer to the US... it's all up to you!