Eventually prices will creep up, especially for anything imported or using imported ingredients.The main reason you can live a half price life in Mexico though is because of drastically lower rents, local food prices, and labor costs. I’ve posted before on what it costs me and my family to live in Guanajuato, Mexico.If you just change your address, you can live a much better life: go out more, eat better, have a nicer apartment, and hire people to do things you would rather not do yourself—like clean the house.
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The countries here are used to dealing with foreigners and have fairly straightforward residency application paths.
They all give you at least 90 days as a tourist also, which makes it pretty easy to do a temporary move or a trial run.
Argentina When it comes to current events making a place more attractive for foreigners, Argentina is in the top spot this year.
Combine a strong dollar with a local financial mess and you get a great climate for someone entering with foreign currency.
And yes, in any of the countries outlined below, you can easily cut your monthly expenses by 50% without trying very hard.
You can “Cut loose instead of cutting back” because unlike most of the advice you see on frugal living blogs, I’m not telling you to give up what you enjoy or to sacrafice now in order to have a richer retirement (or an early one).
Subtitled “How to prosper on less money in the cheapest places to live,” it’s a comprehensive guide to the why, how, and where on moving abroad to cut your expenses in half.
There you’ll find more detailed info on the cheapest places to retire around the world, as well as the best places for location independent digital nomads, business owners, and families.
Locals say there’s a crisis every decade or so and the way things are headed it’s a matter of when, not if…Mexico Always a great value on the USA’s doorstep, this favorite destination of both tourists and expats will be an even better deal this year.