I'm toying with the idea of moving to Baja, buying some land, and investing money developing a tourist business, such as upscale vacation cottages. I'd like to get an idea of different places, the practical feasible of living and doing business in Mexico, and what living there would be like from a lifestyle, safety point of view etc.
The immediate potential positives for me are:
1. the climate, although I wonder if it could be too hot in summer
2. my (possibly wrong) idea that English is widely spoken there, at least by professionals, which might offer some protection against a foreigner getting ripped off.
The immediate potential negatives are
1. Safety
2. Earthquakes
3. Getting ripped off - corruption by officials and getting fleeced by professionals and tradespeople
4. Import duties
5. Potentially high overheads, such as property taxes and health insurance, and high costs for things like broadband, which may be limited and expensive in Mexico.