Mexican insurance for Canadians – Escaping the Snow to Mexico
If you can’t stand the idea of another chilly winter, you might be well-served to obtain Mexican insurance for Canadians so that you can at least make a short trip south to evaluate your options for winter stays in the future. The summer tourist season slows as school resumes, and this may provide you with time to enjoy a slow-paced vacation while investigating some of the most promising spots for a vacation home. You can obtain a short-term Mexican insurance for Canadians if you will only be in the country for a short time. As you make the transition to longer winters stays, you can also transition with the type of Mexican auto insurance for Canadians that you select.
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Pros and Cons of Owning a Vacation Home in Mexico
Having your own Mexican property could simplify your winter stays in the future, allowing you to settle in on your terms. However, you may not want to jump into the Mexican real estate market without a bit more experience in the country. For example, you may need time to adjust to issues such as utilities, grocery shopping, and neighborhood life based on your area of interest. In a community of expatriates, you might enjoy quite a bit of companionship and familiarity. In a more traditional Mexican neighborhood, you might need to adjust to cultural differences. Additionally, owning property in certain restricted zones may not be possible. Instead, a fideicomiso is used to hold a property in trust. Rather than buying, you would be leasing on a long-term basis. You may not want to risk the loss of your investment down the road, so be sure that you are working with people whose reputations are solid as you investigate.
Timing Your Winter Travel
The timing of your trip can vary based on your destination and any activities of interest. Fall is an ideal time to be in Mexico for monarch butterfly observation in mainland Mexico. Winter is the time to view the gray whales in Baja Sur. You will want to keep your Mexican insurance for Canadians current throughout your stay. If you might make trips during the summer as well, your Mexican auto insurance for Canadians will be a better value if you select a one-year policy. However, you will need to keep in mind that Mexican insurance for Canadians is written on a per-vehicle basis.
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