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വായന

18 March, 2009

Recession speeds up American migration to Mexico

Louis E.V. Nevaer
News feature
New America Media

MERIDA, Mex. – At some point last fall, the one millionth American established residency here in Mexico. That makes Mexico the host nation for the largest American expatriate community in the world. There are now more Americans living in Mexico than there are in the U.K. or Canada.

This trend is accelerating as the U.S. recession deepens and job losses across the United States accelerate. “We’ve seen an increase of almost 40 percent in the number of American citizens making inquiries about the requirements for moving to Mexico,” said an official at the Mexican Consulate in New York. “There are definitely more Americans emigrating to Mexico than this time last year.”

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