Forbes Magazine published in their online edition an article titled 'The 3 Easiest Places To Retire Overseas', where the author (contributor Kathleen Peddicord) lists Puerto Vallarta, Boquete (Panama) and San Pedro (Belice) as the three best places for americans who wish to relocate after retiring.
Until the 1950s, Puerto Vallarta was an unremarkable fishing village along a bay on Mexico’s Pacific coast. Then, in 1963, John Huston filmed "The Night of the Iguana" in Mismaloya, a seaside village just south of Puerto Vallarta. The film's star, Richard Burton, was involved with actress Elizabeth Taylor at the time. Taylor followed Burton on location, and the paparazzi followed her. Suddenly Puerto Vallarta was all over the news and on the world map.
Burton and Taylor both eventually bought houses in Puerto Vallarta and attracted other jet-setters to this coast. About this same time, the Mexican government began investing heavily in infrastructure in the area, including improved highways, roads, and public utilities, making Puerto Vallarta more accessible.
Today Puerto Vallarta is one of Mexico's most cosmopolitan beach resorts and home to one of the world’s biggest expat retirement communities. Many of the 10,000 expats and retirees living in Puerto Vallarta came on vacation, fell in love, and resolved to find a way to be able to return. Half the local population works in the tourism business, meaning English is widely understood and spoken, and the old city offers a full menu of cultural activities from plays, films, and jazz and classical concerts to gourmet restaurant festivals and gallery openings.
Life in Puerto Vallarta is both convenient and fully appointed thanks to the city’s world-class golf courses, marinas, restaurants, and shopping.