Seniors head south to Mexican nursing homes
   
   
   
As millions of baby boomers reach retirement age and U.S. health care costs soar, Mexican nursing home managers expect more American seniors to head south in coming years. Mexico's proximity to the USA, low labor costs and warm climate make it attractive, although residents caution that quality of care varies greatly in an industry that is just getting off the ground here.
   
An estimated 40,000 to 80,000 American retirees already live in Mexico, many of them in enclaves like San Miguel de Allende or the Chapala area, says David Warner, a University of Texas public affairs professor who has studied the phenomenon. Retirement homes are relatively new in Mexico, where the aging usually live with family; there is little government regulation
   
Developers look to Mexico
   
Developers of "independent living" facilities for seniors are also beginning to look to Mexico. A Spanish-U.S. venture is building Sensara Vallarta, a 250-unit condominium complex aimed at Americans 50 and older in the Pacific Coast resort of Puerto Vallarta. And in the northern city of Monterrey, El Legado is marketing itself as a "home resort" for seniors.
   
Academics and government officials are beginning to take notice. In March, the University of Texas at Austin held a forum for developers, hospital officials, insurance companies and policymakers to discuss health care for retirees in Mexico.
   
"With the right facilities in place, Mexico could give (American retirees) a better quality of life at a better price than they could find in the United States," says Flavio Olivieri, a member of Tijuana's Economic Development Council, which is seeking funding from Mexico's federal government to build more retirement homes. "We think this could be a very good business as these baby boomers reach retirement age," he says.
   
   
     
Source By:
Chris Hawley - USA TODAY
17/ 08/ 2007

 

 

     
 

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