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Freddytime

Relocating and Banking in Mexico

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Would like advice to those who relocated to mexico from the usa. I had relocated to canada so i could have access to poker sites that i could not play in the usa. As many of you in canada know, skrill no longer allowed gambling transactions for canadians anymore and this was huge news. Skrill you could deposit/withdraw money and most importantly move money around sites very fast. I left canada because i need to have the use of skrill.

Can someone who relocated to mexico give me some advice and can answer some of my questions? So far it seems like rosarito and playa del carmen is what my 2 options are but not sure which one to go with. I know playa del carmen is more expensive from what i read. I read that in mexico its much cheaper.

1. Bank Accounts. I need to have a bank account thats USD in mexico. I had created a bank account both usd and cad in canada... cad for living expenses and usd for gambling transactions, had zero issues with it. From what i read, you have to have a lease or utility bill in your name correct? Also is it true that in playa del carmen, you cannot create a usd bank account? I read some ppl mention they could only get a peso account but there were some ppl that said you could get a usd acct but you need 15k minimum balance. Is that true/false? Having USD account is very important for me in mexico as i need to move funds with skrill and dont want to pay lot of conversion fees if my bank acct was in peso. I also read santander and bancomer are the top 2 banks. I have heard that for rosarito, theres no minimum amount to open a usd acct and u just need the passport, lease, visa etc.

2. Rentals. In canada, i could actually get month to month place pretty easily. Many places do 3 month or even 1 month and u could extend etc. I want to get a 3 month lease at the most and then decide from there. How much does it cost to rent a studio or 1 bedroom? From my research, rosarito there are very few 1 bedroom and close to almost no studio apt and its almost all 2 bedrooms. Is that true? However, playa del carmen there seems to be studio and 1 bedrooms? Would i be able to get something like i did in canada where its studio or 1 bedroom short term and furnished? Im also well aware that utilities arent going to be included. Also high season is now in rosarito but not in playa del carmen? I know many ppl rent 2 bedrooms and share it with a roommate and do 6 month or 1 year lease and thus pay very little for it due to long term but since i dont know anyone and dont know if i will stay that long, thats why i want to do max 3 month lease for now.

3. Which of the 2 places is more safe? Seems like rosarito beach is a beach with retirees and nothign much to do but its kind of deserted so probably its not that good. Playa del carmen seems to be very touristy so im thinknig that area is much better? I seen pictures of 5th avenue online of playa del carmen.

4. Isn't playa del carmen more walkable than rosarito beach if you want to go buy groceries, shopping etc? Because from what i read, rosarito beach, u need a car or take a cab everytime u go places even if you buying groceries whereas in playa... you could walk there? In canada, i always walked as supermarkets were very close by.

5. Anyone have any realtors i can contact?

My biggest issue here is the bank account and if i could get a usd bank account in playa del carmen and if not, whats my best way to get it. Is my only option go to rosarito first open it there and later on go to playa and then i could use my usd bank acct there.

Im looking to head to mexico around early august. Thank you.

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Hey man came across this thread, i've been living in playa del carmen for about 4 months now so i can answer a few of your questions i think

1. you can't open a USD bank account here in playa. A few have tried and nobody has succeeded, From what i've heard you can open a USD in rosarito but i'm not 100% sure

2. its very easy to get a place here once your here in playa del carmen.

3. I don't know about rosarito but playa is very safe. I walk my dog like every night past 2am alone and i've never had a problem. People here are friendly, your right along the beach and there are tons of cops driving around.

4. Playa is very walkable, I can walk to the beach, the gym and the grocery store all within 10mins. From my location, its 5mins to the beach, 15mins to the gym, and 10mins to the grocery store

5. If you open a USD bank account in rosarito, you can't use that in playa. It sounds stoopid, but playa is all the way on the opposite coast of mexico, there laws are a little different.

hope this helps

playa is amazing! you will love it if you come here

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Hey man came across this thread, i've been living in playa del carmen for about 4 months now so i can answer a few of your questions i think

1. you can't open a USD bank account here in playa. A few have tried and nobody has succeeded, From what i've heard you can open a USD in rosarito but i'm not 100% sure

2. its very easy to get a place here once your here in playa del carmen.

3. I don't know about rosarito but playa is very safe. I walk my dog like every night past 2am alone and i've never had a problem. People here are friendly, your right along the beach and there are tons of cops driving around.

4. Playa is very walkable, I can walk to the beach, the gym and the grocery store all within 10mins. From my location, its 5mins to the beach, 15mins to the gym, and 10mins to the grocery store

5. If you open a USD bank account in rosarito, you can't use that in playa. It sounds stoopid, but playa is all the way on the opposite coast of mexico, there laws are a little different.

hope this helps

playa is amazing! you will love it if you come here

thanks very much for this information. yes the bank account is the most important thing to me. Are you 100 percent positive you cant use the usd bank account opened in rosarito in playa del carmen? I spoke to a person who mentioned he sort of inferred this would work. you would then go to the bank in playa such as the bancomer bank and change the address from rosarito to playa...

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We have helped 100 or so players move to Mexico via Poker Refugees and can help you with answers to these questions.

1. You can only open a USD account in the States of Baja Norte/Baja Sur; this would include Rosarito or Cabo San Lucas. The rest of Mexico is Pesos only. This is where Costa Rica becomes more ideal than Mexico when it comes to banking, because you can open a USD account instead of the local currency. Otherwise, with Pesos you would be exposed to similar forex fees as you are cashing out in Canada.

2. Rentals: month-to-month is common throughout the beaches of Mexico. Most are fully furnished because of all the tourism on both coasts. You will get a better rate if you rent for 6-12 months, but it also depends where you go and what time of year and if it's high or low season. Properties of all shapes and sizes are available. The lowest end that most players could feel comfortable in is ~$400/month and it goes up from there.

3. I would say both are equally safe as long as you use common sense and consume alcohol responsibly. Mexico's reputation for being dangerous I think stems more from the drug war in the interior and border of Texas with immigration.

4. Playa is infinitely more walkable than Rosa. Without a car, Rosarito can be very isolating. In Playa, you don't need a car at all as almost everything is walking distance and there is a plethora of cheap transportation options.

5. There are a lot of realtors in both areas but few of them are very good. We offer property searches to players who want help from someone who represents your actual interests instead of the property owners'. If you would like help just email info@pokerrefugees.com

We have lived in both Playa and Rosa over the years and have a database of properties, landlords, reps in each location. We are also fully bilingual.

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If you cannot open a USD bank account, how do you get money in and out of the poker sites and do you end up having pesos in your poker account which gets converted to USD? I would really like to understand how to get setup (what you need) and how long will it take to start playing if I moved to Mexico.

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If you cannot open a USD bank account, how do you get money in and out of the poker sites and do you end up having pesos in your poker account which gets converted to USD? I would really like to understand how to get setup (what you need) and how long will it take to start playing if I moved to Mexico.

The poker sites don't use pesos as currency. Only US dollars, Euros, and British Pounds. So you don't have to worry about that. I was setup and playing on PokerStars within 12 hours of moving to Rosarito, but some players say it can take up to 2-3 days to activate your account. You need a passport and your lease.

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