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      Super Cheap

      • Chitré, Panama
      • Santa Marta, Colombia
      • Phuket, Thailand
      • Dumaguete, The Philippines

      Cheap

      • Medellin, Colombia
      • Boquete, Panama
      • Kyrenia, Cyprus
      • Hua Hin, Thailand
      • The Algarve, Portugal

      Affordable

      • Valencia, Spain
      • Cascais, Portugal
      • Las Terrenas, The DR
      • Pisa, Italy
      • La Rochelle, France
      • Mazatlán, Mexico

      Luxury

      • Ambergris Caye, Belize
      • Kotor, Montenegro
      • The Panama City Beaches
      • Paris, France
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        Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

        • Spain
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      • Budgets

        How Much Will It Cost You To Live Overseas?

        The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

        Super Cheap

        • Chitré, Panama
        • Santa Marta, Colombia
        • Phuket, Thailand
        • Dumaguete, The Philippines

        Cheap

        • Medellin, Colombia
        • Boquete, Panama
        • Kyrenia, Cyprus
        • Hua Hin, Thailand
        • The Algarve, Portugal

        Affordable

        • Valencia, Spain
        • Cascais, Portugal
        • Las Terrenas, The DR
        • Pisa, Italy
        • La Rochelle, France
        • Mazatlán, Mexico

        Luxury

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        • Kotor, Montenegro
        • The Panama City Beaches
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        THE 10 BEST PLACES TO RETIRE IN 2025

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          Home Countries Argentina

          10 Of The Best Places To Live Or Retire In Latin America

          by Kathleen Peddicord
          Jul 01, 2023
          in Argentina, Belize, Brazil, Chile, Colombia, Dominican Republic, Ecuador, Lifestyle, Mexico, Panama, Retirement/Living, Uruguay
          0 0
          An empty beach with colorful boats on the sand in Las Terrenas, Dominican Republic.

          Alamy/Cavan Images

          We give a lot of virtual ink to Latin America…

          And for good reason. This region checks three of the most important boxes on most would-be retiree and expat wish lists…

          First, it’s nearby to North America, making it easy and affordable to come and go. At home south of the border, you can return north to visit family and friends as often as you’d like… and they can come spend time with you in your chosen Shangri-la.

          This part of the world is the ideal option for part-time retirement overseas, allowing you to benefit from the big upsides of retiring abroad while, if you want, still enjoying the best of the life you’ve already built for yourself.

          Second, it’s sunny. Had it with winter? In many countries in this part of the world, it’s spring and summer all year-round.

          Third, it’s super affordable. While inflation is eroding your retirement lifestyle in the United States, your dollars have super-charged buying power across this region.

          Whatever lifestyle you’re looking for—from Euro-chic and cosmopolitan (think Buenos Aires and Medellín, Colombia, for example) to sand-fringed and sun-drenched (how about Ambergris Caye, Belize, or Fortaleza, Brazil?)—Latin America offers tempting and very budget-friendly choices…

          Including some that compete for your attention, offering benefit-rich and user-friendly residency programs.

          Start Your New Life Today, Overseas






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            Without further ado, here are our top 10 picks for your new life in Latin America…

            #1. Cuenca, Ecuador

            Cuenca, Ecuador, is one of the most affordable places you’d want to retire in Latin America. Other places may be a bit cheaper, including some places elsewhere in Ecuador, but you’d be removed from the conveniences of a city, you wouldn’t have access to certain services, amenities, and conveniences that make life comfortable, and your standard of living might be reduced. Cuenca is one of this region’s best quality-of-life buy for the money.

            This is a historic city that’s also a healthy place to live—with fresh air and abundant sunshine—and one of the most authentic Spanish-colonial settings in the region.

            Despite its big and growing expat community, living here you’d still have plenty of opportunities to interact with locals. Ecuador uses the U.S. dollar so retirees in this country have no currency exchange concerns.

            Cuenca is also a healthy place to live, with fresh air and abundant sunshine. It sits in the highlands of the Andes Mountains at an elevation of 8,400 feet.

            Because of the altitude, Cuenca’s climate is stable year-round, with daily highs at a comfortable 68°F to 72°F depending on the time of year.

            #2. Fortaleza, Brazil

            Fortaleza Brazil
            AdobeStock/Juan

            Among the many beautiful coastal towns in Brazil’s northeast region, Fortaleza stands out for its sophisticated beachfront living, chic city neighborhoods, and colorful historic center. This is one of the most visited cities in Brazil, thanks to its excellent weather, quality white-sand beaches, and standard of services and amenities.

            The seaside boardwalk is cheerful and bustling day and night with joggers, strollers, and swimmers. Each morning, local fishermen pull their boats ashore to tempt you with the day’s fresh catch.

            The current strength of the U.S. dollar versus the Brazilian real makes the cost of living and the price of an oceanside home of your own a bargain. And that is why Fortaleza is among the best places to live and retire in Latin America.

            Start Your New Life Today, Overseas






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              #3. Mazatlán, Mexico

              Panoramic view of the Mazatlan scenic sea shire line, Mexico
              iStock/Elijah-Lovkoff

              Mexico is home to more American expats and retirees than any other country. Mazatlán, on the country’s Pacific coast, is one of the few places in the world where you can walk for miles on an uncrowded beach within the city limits.

              This city’s beautiful beaches are lined by a long boardwalk, which is claimed to be the longest uninterrupted boardwalk in the world at 5 miles.

              Mazatlán also boasts a walkable colonial center that’s both a popular expat choice and an authentic Mexican town.

              The weather in December through June is ideal, making Mazatlán a top choice for snowbirds.

              Retired in Mexico, you’d be a drive or quick flight away from accessing your Medicare benefits in the United States.

              #4. Medellín, Colombia

              Panoramic view of El Poblado, Medellín, Colombia
              Adobe Stock/camaralucida1

              Medellín is a city of parks and flowers that is pretty, tidy, and pleasant. It is also one of the world’s most progressive and innovative cities, with state-of-the-art infrastructure and environmentally conscious developers and planners.

              Most of the buildings in Medellín, Colombia, are constructed of red brick interspersed with greenery for an overall delightful effect.

              Thanks to its mountain setting, Medellín is one of a handful of cities throughout the world that qualifies as a land of eternal springtime, meaning no heating or air conditioning is required, keeping utility costs low.

              Thanks to the current exchange rate between the Colombian peso and the U.S. dollar, all of this is available to American retirees at a dramatically discounted cost.

              Start Your New Life Today, Overseas






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                A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas In .

                #5. Ambergris Caye, Belize

                lifestyle in belize
                AdobeStock/Simon Dannhauer

                Home to one of the world’s biggest communities of foreign retirees, the former fishing village of San Pedro on Ambergris Caye is a quintessential laid-back beach town that has evolved to provide the services, conveniences, and amenities retirees look for, including wine and cheese shops and spas and fitness centers.

                The welcoming expat population actively supports the local community with fundraisers for local schools and churches, and there are many opportunities to become involved as a volunteer.

                Life on Ambergris, Belize, is lived outdoors and in the water. These shores offer some of the world’s best snorkeling, diving and fishing, with the longest barrier reef in the Northern Hemisphere nearby.

                For more information about inmigration in Belize, click here.

                #6. Mendoza, Argentina

                A Vineyard in Mendoza, Argentina
                Adobe Stock/teddyh

                Mendoza is wine country, and where vines grow, the living is generally good. Here in the interior of Argentina, food, wine, and interesting conversation are the priorities of life. This region’s laid-back atmosphere, safe cities, developed infrastructure, unspoiled culture, affordable cost of living, and friendly people combine to create an idyllic lifestyle.

                As part of the best places to live and retire in Latin America, Mendoza is a good choice for active retirees who aren’t ready to sit back rocking on the front porch.

                You could spend your days skiing, hiking, climbing, bird-watching, white-water rafting, kayaking, and even kite-surfing and your evenings practicing the tango.

                Plus, Argentina has more golf courses than the rest of Latin America combined.

                #7. Las Terrenas, Dominican Republic

                Best Place To Retire in Las Terrenas Dominican Republic
                Adobe Stock/donyanedomam

                The Dominican Republic is more than an all-inclusive resort destination. This country’s miles of white-sand beaches attract growing numbers of tourists, but this is also a top Caribbean choice for retirement living in Latin America.

                Dominicans are generally friendly and hospitable, and the area is warm and welcoming to newcomers.

                Las Terrenas is not just another sandy beach town. This island outpost is more cosmopolitan than you’d imagine, thanks to 40 years of cultural and commercial influence from French and Italian settlers.

                This means baguette baked fresh daily, restaurants whose menus include things like prosciutto and melon and cold prosecco, kisses on both cheeks in greeting, alert and attentive waitstaff, and other developed-world niceties not normally associated with life on the Caribbean Sea.

                #8. San Ignacio, Belize

                Burns Avenue in San Ignacio, Belize. best places to live or retire in latin america
                Kaldari via Wikimedia Commons

                With everything going on in the world these days, Belize’s back-to-basics approach to living can be almost irresistibly alluring. San Ignacio is the heart of this country’s rain forest interior. This is a region of mountains and Maya ruins, rivers and waterfalls, Belize’s frontier, a place to stake a claim and make your own way.

                The wide-open spaces around San Ignacio appeal to the adventuresome and the independent.

                Living here, you’d enjoy elbow room, far-reaching vistas, and a clean slate. You could start over and rebuild your life entirely. You’d have a higher level of support than you might expect thanks to the fast-growing community of expat retirees.

                With fertile soil and ideal growing conditions, San Ignacio and the surrounding area are perfect for those who want to try their hand at self-sufficient living.

                #9. La Barra, Uruguay

                High Angle View Of La Barra Beach, Uruguay. best places to live or retire in latin america
                Alamy/EyeEm

                Uruguay is a safe, stable democracy with first-world infrastructure, low rates of corruption, and a generally high standard of living. It boasts miles of undeveloped beaches of fine white sand. La Barra, on Uruguay’s Atlantic coast, is midway between Montevideo and the border with Brazil.

                La Barra is a small town of neat white houses, beautiful beaches, great restaurants, quiet, wooded neighborhoods, and more nightlife than you expect in a place this size.

                This is a walkable town that offers all the services, comforts, conveniences, and even luxuries of 21st-century living.

                A downside to settling here is the distance between Uruguay and the United States if you plan on traveling between the two often.

                #10. Chitré, Panama

                Small fisherman boats at the bay and the houses in El Rompio village near town of Chitre in Panama
                Alamy/Marek Poplawski

                Chitré, a 3.5-hour drive west of Panama City, is best described as a small town with big-city amenities. As a regional hub of transport and commerce, it’s home to a disproportionate number of services and amenities considering its population of only 10,000.

                A small expat community has established itself here, attracted by the beautiful beaches and opportunity to own inexpensive beachfront property, plus the all-around low cost of living.

                Living here, your neighbors would be primarily Panamanian, meaning you’d need to learn some Spanish.

                The local community is friendly, welcoming, and one of the most vibrant in the country in terms of culture. The Azuero Peninsula where Chitré is located is Panama’s folkloric heartland. In short, another great place to live and retire in Latin America.

                Sincerely,
                Kathleen Peddicord signature
                Kathleen Peddicord
                Founding Publisher, Overseas Opportunity Letter

                Start Your New Life Today, Overseas






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                  Tags: 'Argentina''Belize''Brazil''Colombia''Cuenca''Dominican Republic''Ecuador'ambergris cayeChitréFortalezaLa Barralas terrenasMazatlánMedellinMendozaMexico'PanamaSan IgnacioUruguay
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                  Kathleen Peddicord

                  Kathleen Peddicord

                  Kathleen Peddicord has reported on opportunities for Americans to live, retire, and do business overseas for 40 years. She has traveled to more than 75 countries, invested in real estate in 24, established businesses in 7, renovated and built properties in 6, and educated her children in 5.

                  Kathleen has moved children, staff, enterprises, household goods, and pets from the east coast of the United States to Waterford, Ireland, then to Paris, France, and finally to Panama City, Panama, where she has based her Live And Invest Overseas business. Peddicord and her husband, Lief Simon, now divide their time between Panama and Paris.

                  Peddicord was a partner with Agora Publishing’s International Living group for 23 years. She opened, staffed, and operated International Living publishing and real estate marketing offices in Waterford, Ireland; Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France. Peddicord launched Live And Invest Overseas group in 2008 and has built it into a successful multimillion-dollar business. Today, she shares her firsthand experience of expat life with more than 500,000 readers of her publications, including Overseas Opportunity Letter and Overseas Living Letter.

                  Kathleen has been featured often in The New York Times, MSNBC, AARP, CNN, Bloomberg, CNBC, and more and writes monthly about expat matters, international real estate, and offshore diversification for Forbes and U.S. News.

                  Kathleen has written several books including the memoirs “At Home In Ireland” and “At Home At Los Islotes” and her latest title “At Home Abroad,” all published by Lahardan Books. Her best-selling "How To Retire Overseas: Everything You Need To Know To Live Well (For Less) Abroad” was published by Penguin Random House in 2018 and her “Buying Real Estate Overseas For Cash Flow (And A Better Life)” was published by Wiley in August 2020.

                  Start Your New Life Overseas Today!
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                        HOME

                        Top Countries

                        • Spain
                        • Portugal
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                        Best For:

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                        BROWSE ALL COUNTRIES

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                        To Live Overseas?

                        Super Cheap

                        • Chitré, Panama
                        • Santa Marta, Colombia
                        • Phuket, Thailand
                        • Dumaguete, The Philippines

                        Cheap

                        • Medellin, Colombia
                        • Boquete, Panama
                        • Kyrenia, Cyprus
                        • Hua Hin, Thailand
                        • The Algarve, Portugal

                        Affordable

                        • Valencia, Spain
                        • Cascais, Portugal
                        • Las Terrenas, The DR
                        • Pisa, Italy
                        • La Rochelle, France
                        • Mazatlán, Mexico

                        Luxury

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                        • Kotor, Montenegro
                        • The Panama City Beaches
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