There are already an estimated 1.2 million retired Americans and Canadians in Mexico who – like their millions of compatriots back home – will need a greater level of care at an affordable price.
'This is not going to be a niche market; this is going to be an entire industry,' said Eduardo Alvarado, chief executive officer of La Moreleja, a residential development in San Luis PotosÃ, a colonial city in northern Mexico that also sports Wal-Mart, Home Depot and many other businesses familiar to Americans.
Some developers are shifting their traditional condo and townhouse developments in midstream to include assisted-living wings focused, in part, on Americans who want modern facilities with quality services rather than the informal operations or go-it-alone approaches that now exist. .................
La Moreleja will charge a one-time inscription of $9,000 and a monthly rent of about $1,100 that includes a full range of services, including meals.
Here is the beginning of my post. And here is the rest of it.
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