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Most people get their own condo units for accessibility at work, school or just simply wanted to have a place to stay in the city if the owner lives in the provinces and travels a lot. Those planning part time residency in PV might favor condo ownership; they will be close to many of the restaurants, shopping areas, and activities, they will be able to turn the key and forget about it at the end of the “high season”, they will have an opportunity to generate rental income while away, their maintenance expenses will be minimal, and they will retain their permanent family residence back home.
For those planning full retirement in Paradise, a villa with staff might be the best choice; association fees are minimal, there are no neighbors or renters upstairs, value appreciation is most favorable, furniture and personal items can be shipped into Mexico making living conditions …
Accepting contract work is an option that some job searchers look at not only when they are having trouble finding fulltime work but because of the lucrative nature of contract assignments. Contractors are self-employed and earn income by invoicing the principal for their services. Contractors often enjoy a great deal of flexibility, which is why many people choose to work this way. Make sure you document this need so the IRS can see you have a subcontractor, not an employee.