As Kenny Chesney once sang in “Tequila Loves Me,” it’s cheap to forget in Mexico, and apparently so is moving abroad.
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According to data from International Citizens, a global health insurance agency, Mexico is the top destination for international immigration for all age groups, the company said. entrepreneur.
Mexico has long been a popular destination for expats because of the strong dollar against the peso and the ability of Americans to increase the purchasing power of their retirement savings, according to the company’s marketing director, Nicole Gustas. .
“And of course there’s spectacular culture, great climate and beautiful scenery,” she added.
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International Citizens can help you find and purchase international insurance, which is often a requirement for obtaining various visas, Gustas said. That’s why her inbound requests to Citizens typically include people who have imminent or nearly completed overseas moves, she added.
The company will classify inbound inquiries from people in the United States seeking help with international health insurance from September 2021 to August 2022, entrepreneur.
Mexico came as little surprise, but she said there were also some interesting changes.
According to International Citizens, the top places Americans want to move abroad are:
Destinations of baby boomers
“People over the age of 60 often want more retirement benefits,” said Joe Cronin, president of International Citizens, in an email. That means Mexico is the big favorite. He accounted for 16% of requests from this age group.
Spain’s popularity jumped from 9th to 6th, while France jumped from 11th to 8th.
Canada also made a big jump from 10th to 7th. In terms of losses, Costa Rica dropped several places from fifth to ninth compared to the previous year. Britain dropped two places.
1. Mexico
2. Portugal
3. of Philippines
4. Italy
5. Thailand
6. Spain
7. Canada
8. France
9. Costa Rica
10. United Kingdom
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Where Generation X Moves Abroad
Cronin said some of them are early retirees and others want to go and work abroad. The age group is 40-59 years old.
Cronin said 15% of the requests came from Mexico, even more requests than last year.
Costa Rica likewise dropped from second to fourth place in this age group.
Portugal accounted for about 6.7% of requests, up from third place last year. Gustas believes that mixed traveler reviews are fueling interest in Portugal.
“Italy was fourth in the previous year, so this is a big change,” said Cronin.
1. Mexico
2. Portugal
3. Canada
4. Costa Rica
5. Thailand
6. Spain
7. Philippines
8. Italy
9. UK
10. France
Where are millennials and Gen Z going?
The youngest group of data was 25 to 39 years old. This includes the oldest members of Generation Z, but the majority are millennials, Cronin said.
“In this cohort, we see high-income countries moving up the list. Australia’s working holiday visa, open to people up to 35 years old, is the driving force behind its entry into the top 10,” Cronin said. I’m here.
Australian borders are closed from March 2020 to February 2022.
Ireland and China also just entered the top 10, he added.
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1. Mexico
2. Canada
3. UK
4. Spain
5. Germany
6. Australia
7. Costa Rica
8. Thailand
9. Italy
10. France