Financial Annuities in Mexico

by Little Guy @, Saturday, March 20, 2021, 00:33 (2063 days ago)

Gringos will be familiar with financial annuities. Deposit a significant amount of money and received guaranteed income on a regular frequency (commonly monthly) for a fixed period or for life. They are commonly sold in $50,000 denominations.

I am considering establishing a guaranteed income flow for an older (mid-50s) person in the Zihuatanejo area for when they reach 65 years.

Are such annuities a common, or available, financial vehicle in Mexico?


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