Best Countries in Latin America to Move and Retire

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Best countries in Latin America: let’s check the best nations in to move, live, retire and invest in the Latin American region

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Are you considering traveling, moving or retiring in Latin America? Let’s analyze the countries in the region in terms of infrastructure, quality of life, health care, public safety, weather and economics.

Latin America: Overview

The region of Latin America extends from Mexico in North America to as South as Argentina in South America. Latin America has its name from the languages spoken in the region: Spanish, Portuguese and French, which are all Romance languages derived from Latin.

There are other countries in South America and the Caribbean that do not speak Romance languages, and thus aren’t considered as Latin America such as Suriname and Jamaica.

The advantages of living in Latin America

Before we get to the list of the best countries to live in Latin America, let’s analyze some of the advantages of living in this part of the world. Some of the key advantages of living in the region are: low cost of living, easy visa and residence permit policies, thriving expat communities in many cities in the region, pleasant weather in most countries and a relatively easy languages to learn if you are an English or Romance language speaker.

Low Cost of Living

One of the major advantages of living in Latin America is being able to enjoy some of the lowest cost of living in the world. Most countries in Latin America are developing countries, and have considerable weaker economies when compared to the US or Western Europe. For that reason, your US dollar, euros or pounds will last much longer in Latin America then back home.

Some of the most significant price differences between South America and the United States are real estate prices, health care and services costs.

Easy Visa and Residence Permit

Another interesting advantage of living in Latin America is that most countries in the region have a relatively easy visa and residence permit policy. If you are an American and you want to live in Europe for example, most countries do not have a visa for retirement, and the ones who have it usually have high requirements in order to live in the country as a retiree. That’s not the case in Latin America. 

In most Latin American countries you can get a visa to stay year round relatively easily. If you just want to spend half of the year in Latin America you can come to Mexico, and enjoy a 180 day visa free entry. This applies to Americans, Canadians, and most citizens of Western Europe.

Pleasant Weather

Latin America also has some of the best weather in the world. Most countries in the region are located in low latitudes, close to the Equator. For that reason, winters in the region tend to range from mild to non-existent. While there are exceptions to this, like parts of the Andes or cities like Ushuaia in Southern Argentina, that’s not the case for most of the region.

Spanish Language

The last advantage I would like to point out before we get to the countries is the Spanish language. Most countries in Latin America speak Spanish, which is a quite useful and not too difficult to learn language. The only large country in Latin America that doesn’t speak Spanish is Brazil, which has Portuguese as its official language. Portuguese however, is quite similar to Spanish, while the pronunciation is different, the vocabulary and grammar are very similar.

Best countries in Latin America to Immigrate, Retire and Invest

03:23 Uruguay (footage by Marcelo Campi)

04:23 Chile
05:24 Brazil
06:27 Mexico