Mexico’s National Healthcare Plan and Discount Card Attractive for Retiring Canadian, US Expats

Whoever heard of healthcare for a senior couple within the US costing $six hundred USD a year, or assets taxes on a important house losing through 50% upon turning 60? As lengthy as an expat, whether or not Canadian, American or for that depend every other foreigner resident in Mexico has reached the age of 60, as long as she or he is either a everlasting resident with an Inmigrado card or a temporary resident required to renew an FM visa on an annual basis, living in Mexico comes with entitlement to really all of the perks and advantages of Mexican residents of like age.

The fee of living in Mexico for foreigners from the Western World is a fragment of what it fees to retire reasonably in a single’s former fatherland. Although upon attaining the golden age of 60 the once a year top rate for participation in the Mexican countrywide healthcare plan (IMSS – Instituto Mexicano del Seguro Social) increases, medical coverage remains a good deal, each using private medical doctors and hospitals, and IMSS. Furthermore, turning into a senior citizen in Mexico gives Americans and Canadians with vast reductions in other areas in addition to the occasional freebie.

The amount of money it takes to simply get by way of in Mexico, that means to hold one’s pre – retirement way of life, can range considerably from kingdom to country, and in a few instances from district to district. For instance the fee of dwelling in San Miguel de Allende is a lot better than inside the southern Mexico city of Oaxaca. It costs approximately half to live in Oaxaca and maintain the identical center elegance life-style as earlier than. In different towns it may cost a little a fair bit greater, but now not almost as plenty as within the US or Canada.

INAPAM: Discount Card for Americans and Canadians Living in Mexico

Upon presentation of the best documentation to Mexican government government, one is entitled to receive, free of rate, the TARJETA INAPAM (Instituto Nacional de Las Personas Adultas Mayores – country wide institute of older grownup persons).

First magnificence bus tickets for INAPAM individuals are discounted by way of 50%, which means that as opposed to paying 726 pesos for the ultra luxurious Platino ADO bus provider from Oaxaca to Mexico City, it prices simplest 363 pesos, or about $30 USD. Some home airlines also offer reductions to senior residents. Aerotucan offers a ten% bargain. While the amount seems modest, it does suggest that for example, discount card for prescriptions the excessive value of flights between Oaxaca and the Pacific seaside cities of Huatulco and Puerto Escondido turns into a touch greater palatable and possibly weighs the selection to either fly to the coast or journey by using van or bus.

Parking tickets in Oaxaca are discounted with the aid of 50% if paid inside 15 days of the infraction, but with an INAPAM card the courtesy reduction is valid for 30 days. At the Cinépolis movie theatre chain seniors receive a vast bargain. However, there are weekday matinee specials which sometimes result in more financial savings by using now not using one’s INAPAM card. Entrance into archaeological sites and federal authorities run museums is loose. The Soriana supermarket chain offers a modest discount on prescription medicines.

And yes, realty taxes are decreased through 50% on one’s principal residence. The effective saving is virtually 35%, on the grounds that payment of taxes in January of the following taxation yr already consequences in a 15% discount. Regretfully one can not attend on the tax workplace in January and get hold of the 15% early charge cut price, plus the 50% bargain for having one toe inside the grave.

There are different discounts, but the foregoing presents a sampling of the savings to be had to expats 60 years of age or older with the INAPAM card.

IMSS: The Mexican National Healthcare Program

In 2011 the entire fee for comprehensive health insurance, with out a deductibles every payable, for a pair at the least one in every of whom is 60, is 6,944 pesos, or approximately $600 USD. This entitles you to:

• Visiting a hospital health practitioner (own family doctor) when ill
• Visiting specialists when recommended with the aid of the health center physician
• Having prescribed blood, urine, fecal and different take a look at analyses, as well as x-rays
• Prescription medicines
• Hospitalization and surgical operation, along with the scary colonoscopy
• An annual bodily which incorporates a flu shot, and complimentary condoms with out asking

Admittedly the high-quality care and cleanliness at IMSS in popular won’t be up to the requirements to which you have emerge as accustomed, without a doubt with the aid of virtue of the fact that a number of the medical employees in this device had been trained at universities with lesser reputations than those in the US and Canada, and Westerners are frequently unjustifiably anal about cleanliness, but there are two crucial factors:

1. Many US and Canadian skilled private doctors carry out surgeries in IMSS hospitals, and in reality IMSS hospitals regularly have modern equipment now not available in private hospitals.

2. You continually have the choice of using non-public docs and surgeons, and nevertheless having IMSS coverage as a guard in the occasion you require lengthy – time period hospitalization and complicated surgery. The private hospitals surely do no longer have the system that IMSS has, and as indicated above your chosen physician might also perform your surgical treatment at an IMSS hospital.