Why Are People Moving Out of California and Going to Mexico?

California residents are leaving the state in droves due to high taxes, high cost of living, and poor quality of life. See why Nomad Capitalist believes Mexico is the best place to move from California.the following tax hikes will take effect.

The Californian Dream is Over

California has the highest income tax rate in the country at 13.3%, and sales tax ranging from 7.25% to 10.75%. The proposed wealth tax makes it especially difficult for high-net-worth individuals.

High Taxes in California

Residents struggle to keep up with the high cost of living in California, where rent is 276% more expensive than in Mexico City. The high cost of living, combined with high taxes, makes it difficult to make a living in California.

High Cost of Living in California

California's housing crisis has been exacerbated by the COVID-19 pandemic, with prices for apartments in suburban areas skyrocketing. It's becoming increasingly difficult to find affordable housing in California, with the median home value in the state at $898,980.

Increasing Housing Prices in California

California ranks 48th in a recent study of the best states to live in the US. The state also has poor infrastructure, education system, and a higher crime rate than the national average.

Low Quality of Life in California

Southern California has the highest prices for food and accommodation in the country, making it difficult for business owners, entrepreneurs, and wealthy individuals to make a living. Many are looking for alternatives.

Inflation in California

Mexico offers a better quality of life with a lower cost of living and lower taxes. Nomad Capitalist believes that Mexico is the best place for Californians to move to for a better future.

Why Californians are Moving to Mexico

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