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Retirement in Puerto Vallarta – not like poverty in Mexico?

Mexico! Just remember his first trip across the border in Tijuana, Mexicali, Nogales, Ciudad Juarez, Nuevo Laredo, Reynosa, Matamoros and other border town probably evokes images of poverty.

Our first introduction of extreme poverty was 25 years ago in the suburbs of Mexico City and will never forget. While poverty still exists in Mexico is nothing like that was due to the stability of the Mexican peso and the economy booming in the last decade. In addition, comparing cities Riviera Resort, the Mexican border cities, is like Beverly Hills compared to Bangladesh!

We've been coming to Puerto Vallarta, Mexico, called PV or Vallarta by the locals, and have owned property here since 1984. In 1997 he bought a beautiful new house and made it our permanent residence. It has been an excellent investment, which have tripled in value over the past decade. In 2002 we invested money in the Mexican stock exchange or securities market, to 3.25 pesos per share. This investment is currently quoted at $ 11.55 per share, resulting in an increase of 255%. During these five years, the peso has held firm at about 10.8 pesos to one U.S. dollar.

When we moved to PV, a decade ago, women were sitting on the sidewalks of nursing their babies, hands and the front glass was very common. The few cars and buses are often old ramp or not their scarf, often struck and dented beyond recognition, and provided such a variety of colors that is almost impossible to determine the original color. The streets and sidewalks are dirty and need repair and resembled what one would expect from a fishing village small dream Mexico. The unemployment is high and support is available for $ 10 per day. None of the streets had signs or center, making the drive to provide free all. Ten years ago, prices in shops and restaurants are relatively low because labor was cheap, there were only locally manufactured products, and very few had air conditioning. Even in Vallarta, there was a degree of poverty, however, could not survive because of their poor quality and costs of living.

PV Things changed dramatically over the last ten years. The Mexican economy is booming and is especially true in Vallarta, because of tourism. No. It is virtually full employment with most young Mexicans speak a certain degree of English since income is approximately three times more if you speak and understand English.

Ten years ago, we had a visit from a cruise PV other day, but now with the new marine terminal, we have two or three cruise ships here daily. The international airport is approximately four times the size it was ten years ago with flights arriving and leaving constantly. The second international airport is currently in the planning phase. The property prices have almost tripled over the last ten years while the prices of materials and labor.

With the economic boom and full employment, most people now runs his own car and a good portion of them are new. Most of all buses are new and clean, and rarely a pile with his scarf dragging. In fact, the standard of driving has improved significantly because locals are proud and take care of their new vehicles. All streets are clearly marked, often lined with palm trees, and kept immaculate. All roads and passageways are new or have doubled in size, with new bridges, lighting, etc. Now there are so many cars in the PV that congestion and parking have become major problems in our beautiful paradise. Three car parks have been built downtown over the past four years, one above ground and two basement with higher public parks. The former stores are renovated or demolished and replaced by beautiful new buildings.

Because there is no option available in the Vallarta, level of education is constantly improving in the new University of Guadalajara, the campus offers an ideal setting for thousands of Puerto Vallarta young to receive advanced education. The economic boom has attracted some of the best doctors and dentists in Mexico, many studies in the United States or in Europe. With the increase in doctors and dentists of talent, two major medical centers in the state of the art equipment sophisticated homes have been built over the last five years.

Exclusive PV Restaurants abound, all with clean, modern kitchens, which employ thousands of workers as well as many modern hotels. New high-rise condominiums and those currently under construction everywhere are great for providing employment to thousands of construction workers.

At night, during "high season" from November to May, then all to dinner or a holiday, streets seem almost yellow New York taxis everywhere. In fact, the Malecon, or stroll along the beach, most people visiting the sites and shopping at midnight it so at noon.

The dream of small Mexican fishing village is no longer sleep or not, with a population now exceeds 350.000. During "high season", PV rocks for about 18 hours a day. One must wonder if these women did not work or sidewalk moved Los Angeles. Certainly, there are poverty observed in Vallarta today!

About the Author

Jim Scherrer has owned property in Puerto Vallarta, Mexico for 24 years and resided there for the past ten years. The mission of his series of 20 articles pertaining to retirement in Puerto Vallarta is to reveal the recent changes that have occurred in Vallarta while dispelling the misconceptions about living conditions in Mexico. For the full series of articles regarding travel to and retirement in Vallarta as well as pertinent Puerto Vallarta links, please visit us at www.pvreba.com

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Camino Real Tijuana $183.33 Camino Real Tijuana is located in central Tijuana, close to Centro Cultural Tijuana, Tijuana Brewery, and L.A. Cetto Wine Cellar. Nearby points of interest also include Tijuana Wax Museum and Caliente Racetrack Casino. Hotel Features. Dining options at Camino Real Tijuana include 2 restaurants. A bar/lounge is open for drinks. The hotel serves a complimentary buffet breakfast. Recreational amenities include a fitness facility. This 3.5 star property has a business center and offers small meeting rooms, secretarial services, and audio visual equipment. Complimentary wireless Internet access is available in public areas. Additional property amenities include gift shops/newsstands and laundry facilities. Guestrooms. 263 air conditioned guestrooms at Camino Real Tijuana feature minibars and safes. Bathrooms feature shower/tub combinations and hair dryers. Wireless Internet access is complimentary. Guestrooms offer desks and complimentary newspapers. Plasma televisions have pay movies and VCRs. Rooms also include irons/ironing boards and clock radios. Housekeeping is offered daily and guests may request wake up calls. Notifications and Fees:Some properties have extra fees for amenities or services that may apply even if you do not use them. Government fees or taxes also may be charged to you when you check in or check out. This property told us they will charge you for the following: 13 percent destination fee will be charged We have included all charges provided to us by the property. However, charges can vary, for example, based on length of stay or the room you book.The following fees and deposits are charged by the property at time of service, check in, or check out. Self parking fee: USD 1.50 per day The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change. Notifications and Fees:Some properties have extra fees for amenities or services that may apply even if you do not use them. Government fees or taxes also may be charged to you when you check in or check out. This property told us they will charge you for the following: 13 percent destination fee will be charged We have included all charges provided to us by the property. However, charges can vary, for example, based on length of stay or the room you book.The following fees and deposits are charged by the property at time of service, check in, or check out. Self parking fee: USD 1.50 per day The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change.

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