I once thought about it seriously but I would not buy land in Mexico. They have a different system down there and, generally speaking, gringos are vulnerable to every surprise scam you can think of. Their ‘justice’ system doesn’t exist. Corruption rules. Mexican investments should be considered expendable. The government does not even run the country anymore. They cannot make Mexico even mediocre again.
And that used to be the entire mess of it. Crooks, bad construction, charges and fees that never end and Napoleonic Law as your only back-up. Yours would be a loss waiting to happen. Throw in the cartels and growing daily corruption and Mexico has lost all it’s credibility for the ex-pats community and most of the potential for it’s citizens. That’s why so many try to leave.
Costa Rica saw all that coming some time ago and promised better. And they delivered. Costa Rica is more and more popular and their economy, as viewed through their real estate market, was healthy last time I looked. But healthy means RISING PRICES and the whole idea of being an ex-pat is finding a cheaper (and warmer) place to live. Costa Rica started to get out of reach.
………and so Panama came on the radar. And Panama delivered the promise, too. Ex-pats in Panama were pleased. Things are good there. And, of course, good means RISING PRICES but it is still ‘reasonable’. Panama is almost doable. I think. Maybe.
But you know me…..going further feels better.
It is fun to watch small economies change and morph and bring with that change all their different cultural and social influences. But, sadly, once you let loose the pigs of capitalism, the greed of corruption, the so-called market forces (often driven by ex-pats themselves) the differences become less and less, and the new place starts to look like the old places.
But here is the point of the blog: it seems that the MOTHER of all things capitalistic is beginning to lose her international appeal, too. We’ve all seen it. First went the ideals. Then went the basic ethics. Then came the deep corruption. The US is losing ground not only on Covid-19, but everywhere BECAUSE they are now too corrupt, inept and they have ‘lost their moral way’. Politics, health, defense, banking, civilized discourse, justice, equality, purpose, morality…..all failing.
You can see it if you look. You can see the rot. And, for a Canuck, one of the first inklings that there is something rotten in the sun is the view from our snowbirds. They are staying away in droves. The Sunbelt was NOT full of snow-birders this winter and you can be sure they will stay away next winter as well. But, it is not just in the nano-example of ‘the second home market’ we see rot, it is in so many things ‘Merican as well. Hell, I don’t even look at American-made cars anymore. And so much of made-in-America is not as good as the label once promised, much of that ‘made-in-USA’ is a lie, anyway. They assemble Chinese-made parts and claim it is made in America.
Of course, if looking for clues and subtleties is not your thing, you only have to see who they voted in as their ‘leader’. What kind of social cancer is it that produces tumours like Trump?
Put succinctly, ‘they really do have to make America great again’. But I do not think the recipe-to-follow is the one they have been using for so long. “Let’s rig everything, cheat everyone and appoint a celebrity, preferably rich, to make our decisions.” That recipe just made things much worse. ‘Mericans have to get that ugly, corrupt, capitalistic beast tamed before greatness can have a hope. And tamed means ‘equality’, ethics, morality, order, rule-of-law and a drained swamp. ‘Mericans really need to purge their system. They are starting to look like Mexico.