Latin America, ranked on cost
The 9 countries we track in Latin America, ranked by what a couple spends per month to live comfortably. Colombia is the cheapest at £1,400; Brazil the most expensive at £2,500.
| # | Country | Modest | Comfortable | Premium |
|---|---|---|---|---|
| 1 | Colombia | £950 | £1,400 | £2,100 |
| 2 | Ecuador | £1,050 | £1,600 | £2,400 |
| 3 | Argentina | £1,150 | £1,900 | £2,650 |
| 4 | Mexico | £1,400 | £2,100 | £3,600 |
| 5 | Costa Rica | £1,500 | £2,100 | £3,400 |
| 6 | Belize | £1,500 | £2,100 | £3,050 |
| 7 | Panama | £1,600 | £2,300 | £3,800 |
| 8 | Uruguay | £1,650 | £2,400 | £3,700 |
| 9 | Brazil | £1,800 | £2,500 | £3,400 |
Medellin's 'eternal spring' climate, warm culture and low cost of living have made Colombia a favourite, alongside colonial Cartagena on the Caribbean and the buzz of Bogota. Modern private healthcare in the big cities is a further draw.
Ownership: Foreigners can own residential property outright (100% freehold) in their own name, with the same rights as citizens and no general restrictions. Purchases are completed by public deed before a notary and registered at the local land registry.
Visa: The Migrant (M) Pensionado visa is aimed at retirees with a pension of at least three Colombian minimum wages (roughly US$1,380 a month) and can be held for up to three years before moving to a Resident (R) visa.
See which of these fits what you are actually after — four questions, two minutes.