š²š½ Buy Property in Colima, Mexico
28 properties from $86K to $319K
Median Price
$136K
Avg Size
1,765 sq ft
Listings
28
28 Listings in Colima
Living in Colima
What American expats need to know about Mexico
Visa
Temporary Resident Visa ā requires $4,185/mo income or $69,750 in savings. Valid 1-4 years, no employer sponsorship needed. Permanent Resident Visa available after 4 years or with $278,500+ in investments/savings. 2026 update: fees doubled and qualification criteria tightened.
Cost of Living
Excluding rent, a single person needs ~$620 USD/mo; a family of four ~$2,200 USD/mo. Rent (1-bed, city center): CDMX ~$900, MĆ©rida ~$650, Guadalajara ~$700, Playa del Carmen ~$850. Groceries run $5-8/day per person. Overall 50-70% below US major cities ā a comfortable life runs $1,200-2,000/mo including rent.
Key Fact
Mexico has no path from tourist status to residency inside the country ā you must apply at a Mexican consulate in the US. Healthcare is excellent and affordable (private insurance ~$100/mo), but bureaucracy moves slowly.
Life in Mexico
Taco stands on every corner, rooftop mezcal at sunset, a rhythm of life where lunch is the main event and the street markets overflow with colors you forgot existed.
Other Cities in Mexico
Explore more property markets across Mexico