Mexico Is the Country Americans Are Moving to the Most

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By Douglas A. McIntyre Published
Mexico Is the Country Americans Are Moving to the Most

© Marcos Elihu Castillo Ramirez / iStock via Getty Images

Very few Americans move to countries outside the U.S. each year. The figure barely tops 100,000, according to recent research. Over half of those who do move migrate to Mexico, the U.K., Canada, or Australia – with Mexico being the top country to which people depart, representing about 15% of the total. (These are the cities Americans are abandoning.)

Among the reasons people move to Mexico is likely the cost of living. The figure for Mexico is about 50% lower than in the US. People who are not tied down by family or jobs can find a place to live on modest incomes just across America’s southern border. (It is probably not a coincidence that Canada ranks third among countries Americans are moving to.)

This is particularly true for retirees. Travel & Leisure recently put Mexico on its list of “8 of the Cheapest Countries to Retire Around the World.” (You might be surprised by the real cost of living in America’s most expensive cities.)

Mexico does have drawbacks as a place Americans might relocate. It has a higher crime rate than the U.S., and the great majority of Americans do not speak Spanish.

Proximity to the U.S. is not always a reason people move out of America to other nations, however. Mexico and Canada aside, European countries dominate the list of the top 15 destinations for Americans moving abroad, with Portugal seeing the largest increase (303%) from 2017 to 2021.

Other English-speaking countries including Australia and New Zealand also made the list, as did Costa Rica, Israel, Japan, and South Korea.

These are all top countries Americans are moving to. 

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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