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  • Home
  • Countries

    Top Destinations:

    Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

    • Spain
    • Portugal
    • Panama
    • Belize
    • Colombia
    • Cyprus
    • Mexico
    • France
    • Montenegro
    • Browse All Countries

    Best For:

    • The Best Places To Retire
    • Health Care Abroad
    • Cost Of Living
    • Investing in Real Estate
    • Establishing Residency
    • Gun Laws In The World
    • English-Speaking Countries
    • Safest Places For Retirement
    • Best Places In Latin America
  • Budgets

    How Much Will It Cost You To Live Overseas?

    The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

    Super Cheap

    • Chitré, Panama
    • Santa Marta, Colombia
    • Phuket, Thailand
    • Dumaguete, The Philippines

    Cheap

    • Medellin, Colombia
    • Boquete, Panama
    • Kyrenia, Cyprus
    • Hua Hin, Thailand
    • The Algarve, Portugal

    Affordable

    • Valencia, Spain
    • Cascais, Portugal
    • Las Terrenas, The DR
    • Pisa, Italy
    • La Rochelle, France
    • Mazatlán, Mexico

    Luxury

    • Ambergris Caye, Belize
    • Kotor, Montenegro
    • The Panama City Beaches
    • Paris, France
  • Resources

    Global Living

    • Living & Retiring Overseas
    • Raising A Family Abroad
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    • International Real Estate
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    • Employment
    • Investing

    Follow Us:

    • Meet Our Experts
  • Real Estate

    Buying Real Estate For Cashflow

    • Discover tips and strategies used by global property investing veterans

    Explore Our Latest Posts

    • Learn how to invest and purchase property abroad…

    Go To The Overseas Property Alert Site

    • How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams
  • Conferences

    Upcoming Events

    • Explore Our Events Site

    Live and Invest In Spain Conference

    Offshore Wealth Summit

    Greece Workshop

    VALENCIA, SPAIN

    Sep. 17-19, 2025

    PANAMA CITY, PANAMA

    Oct. 15-17, 2025

    VIRTUAL

    Nov. 13, 2025

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    LEARN MORE
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    LEARN MORE
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    Reach us with your questions by email at: events@liveandinvestoverseas.com

  • Store

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    Overseas Havens Reports

    • Expats' comprehensive destination guides

    Conference Kits

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    Lahardan Books

    • Titles on living and investing around the world
    • Explore Our Store
    Your passport to a life well-lived abroad

    Services

    overseas living letter offers affordable retirement guidance
    The Simon Letter Wealth Protection Insights
    Global Property Advisor Global Investment Opportunities

    Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

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Home Countries Mexico

Puerto Vallarta Retirement: Luxury Has Never Been This Cheap

This Is Like The Best Of Coastal California (The Difference Is That You Can Afford It)

by Kathleen Peddicord
May 19, 2022
in Mexico
0 0
Adobe Stock/TomásSánchez

Adobe Stock/TomásSánchez

Until the 1950s, Puerto Vallarta was a small fishing village along a spectacular bay on the Pacific, modestly popular among Mexicans as a beach resort.

Then, in 1963, John Huston filmed “The Night of the Iguana” in Mismaloya, a seaside village just south of Puerto Vallarta. The film’s star, Richard Burton, was involved with actress Elizabeth Taylor at the time. Taylor followed Burton on location… and the paparazzi followed her.

Suddenly Puerto Vallarta was all over the news… and on the map as far as Americans were concerned. It’s remained there ever since.

Burton and Taylor both eventually bought houses in Puerto Vallarta and attracted other jet-setters to this primo coast.

About this same time, the Mexican government began to invest heavily in infrastructure in the area, including highways, roads, and public utilities, all of which made Puerto Vallarta more accessible and attractive as a tourist destination. Luxury hotels began to spring up, and American tourists, especially from the Western states, began to flock here.

Puerto Vallarta Today

Aerial view of Los Muertos Beach, the most popular beach in Puerto Vallarta, Jalisco, Mexico.
Alamy/Dreamframer

Today Puerto Vallarta is one of the most sophisticated resorts in Mexico, with more cachet than Mazatlán and more chic than Cancún. Though it’s a major cruise ship destination, with ship arrivals almost daily, the massive influx of tourists (about two million visit each year) hasn’t lessened Vallarta’s appeal for those thinking about staying on longer term.

Walking around Vallarta, you get that happy, vacation-time feel that successful beach resorts exude. Yet, frankly, you can have a great time here even if you never set foot on the beach…

And you certainly could enjoy a comfortable, well-appointed retirement on this coast.

This Is One Of Mexico’s Most Cosmopolitan Beach Resorts

In the city proper, you find cultural activities including plays, films, jazz and classical concerts, gourmet restaurant festivals, gallery openings…

Puerto Vallarta is also a pleasant place to stroll, both along the malecón and up and down the narrow roads of the hills just behind the seashore. Farther inland you find more active activities such as zip-lining, horseback riding, and hiking.

You could start each morning with a walk or a jog along the malecón, alongside the blue Pacific, followed by coffee in a downtown coffee shop or on your terrace overlooking the bay… then build your day out from there.

Fully half the population works in the tourism business, so English is widely understood, a big plus if you speak little or no Spanish. A whole range of services has sprung up to cater to English-speakers, from gourmet shops and restaurants to clothes design and medical care.

Yet beneath the cosmopolitan, international veneer, the core of the city remains very Mexican.

In the older parts of town, traditional white-washed houses with sloping red-tiled roofs line the cobbled streets. Little greengrocers, where Mexican matrons (or their maids) buy the family’s fruits and vegetables, remain a staple in some neighborhoods. And you still find local restaurants where a filling, home-cooked lunch can cost you just US$8.

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Expats In Puerto Vallarta

One expat friend describes her experience of Puerto Vallarta this way:

“I’ve discussed Mexican history with a shoe-store owner while browsing his wares, and talked economics with a restaurateur who joined me at the table after serving my meal. It’s all part of Mexico’s leisurely, personal way of life…”

Many expats living in Puerto Vallarta came on vacation, fell in love, then returned home with the intention to figure out how they could make Puerto Vallarta their home, either full- or part-time. Today, the expat community here numbers as many as 20,000.

Puerto Vallarta has long been our #1 pick for luxury and cosmopolitan retirement on the ocean. The coast stretching north along the Pacific from Puerto Vallarta is all grown up from a development perspective.

Real Estate In Puerto Vallarta

Property along this impressive coast is more expensive than other places where you might consider living or retiring on the ocean, but in Puerto Vallarta that’s not the point. This isn’t developing-world living. This stretch of Mexico’s Pacific coastline has already been developed to a high level. Life here can be not only comfortable but easy and fully appointed.

In Puerto Vallarta, you aren’t buying for someday, as you can be in many coastal destinations in Central America. Here you can buy a world-class lifestyle in a region with world-class beaches and ocean views that is supported, right now, by world-class golf courses, marinas, restaurants, and shopping.

This is a lifestyle that is available only on a limited basis worldwide, a lifestyle that is truly (not metaphorically or wishfully) comparable to the best you could enjoy in Southern California if you could afford it.

In Puerto Vallarta, you can afford it even on an average retirement budget.

You could buy a small apartment outside Puerto Vallarta town for less than US$100,000…

Or you could buy big and fancy for US$1 million-plus.

Whatever you buy, you could rent it out when you’re not using it. The Puerto Vallarta region, including the emerging Riviera Nayarit that runs north from it along the coast, is an active tourist rental market with a track record.

Sincerely,
Kathleen Peddicord signature
Kathleen Peddicord
Founding Publisher, Overseas Opportunity Letter

Tags: 'Puerto Vallarta'expats in puerto vallartalife in puerto vallartaLive in Puerto VallartaPuerto Vallarta Retirementretire in puerto vallartaretirees in puerto vallarta
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Kathleen Peddicord

Kathleen Peddicord

Kathleen Peddicord has reported on opportunities for Americans to live, retire, and do business overseas for 40 years. She has traveled to more than 75 countries, invested in real estate in 24, established businesses in 7, renovated and built properties in 6, and educated her children in 5.

Kathleen has moved children, staff, enterprises, household goods, and pets from the east coast of the United States to Waterford, Ireland, then to Paris, France, and finally to Panama City, Panama, where she has based her Live And Invest Overseas business. Peddicord and her husband, Lief Simon, now divide their time between Panama and Paris.

Peddicord was a partner with Agora Publishing’s International Living group for 23 years. She opened, staffed, and operated International Living publishing and real estate marketing offices in Waterford, Ireland; Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France. Peddicord launched Live And Invest Overseas group in 2008 and has built it into a successful multimillion-dollar business. Today, she shares her firsthand experience of expat life with more than 500,000 readers of her publications, including Overseas Opportunity Letter and Overseas Living Letter.

Kathleen has been featured often in The New York Times, MSNBC, AARP, CNN, Bloomberg, CNBC, and more and writes monthly about expat matters, international real estate, and offshore diversification for Forbes and U.S. News.

Kathleen has written several books including the memoirs “At Home In Ireland” and “At Home At Los Islotes” and her latest title “At Home Abroad,” all published by Lahardan Books. Her best-selling "How To Retire Overseas: Everything You Need To Know To Live Well (For Less) Abroad” was published by Penguin Random House in 2018 and her “Buying Real Estate Overseas For Cash Flow (And A Better Life)” was published by Wiley in August 2020.

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Super Cheap

  • Chitré, Panama
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Cheap

  • Medellin, Colombia
  • Boquete, Panama
  • Kyrenia, Cyprus
  • Hua Hin, Thailand
  • The Algarve, Portugal

Affordable

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