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Why Expats are Moving to Latin America to Double Their Purchasing Power

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The article discusses the growing trend of American retirees and digital nomads moving to South America due to its lower cost of living, better quality of life, and improved safety conditions in certain cities compared to popular destinations like Europe. Here are some key points:

Mendoza, Argentina:
- Population: 2 million
- Benefits: Low crime rate, high-quality healthcare (free for residents), temperate climate, walkable city with public transport.
- Cost of Living: Lower than Buenos Aires but still offers a comfortable lifestyle.
Merida and Oaxaca, Mexico:
- Merida: Located in the Yucatan near the Gulf; low crime rate, engaged expat community, excellent healthcare.
- Oaxaca: Along the Pacific coast; temperate climate, cultural richness with vibrant food scene and artistic community.
Cuenca, Ecuador:
- UNESCO World Heritage city; historical charm, rural quiet mixed with urban benefits like luxury retail and restaurants.
- Passive Income Visa Requirement: $1,446 per month.
- Growing infrastructure to support the increasing population of expats.
Medellin, Colombia:
- Nick

Read the full article at Realtor.com Blog

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Why Expats are Moving to Latin America to Double Their Purchasing Power

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