Low inflation reduces cost of living in Mexico

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Since Mexico has a pretty stable inflation rate, it keeps the Peso more or less stable compared to other economies.

Considering that much of its revenue comes out of exports, the government goes out of its way to make sure that the currency remains cheap compared to the USD or the GBP.

Ultimately, this reduces the cost of living in Mexico and many people agree that their quality of living significantly improves when they move there.

If you’re bringing in currency to Mexico, you’ll enjoy greater purchasing power because most currencies in the world are valued higher than Mexico’s.

Whether you’re looking to retire or set up a business in Mexico, the greater purchasing power of the currency brought in will offer a huge competitive advantage compared to your peers. 

Source: EA

The Mazatlan Post

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