Retire Exotically in 6 Latin American Locales

4. Nicaragua
Once famous for political corruption, Nicaragua is working hard to change its image. This democratic country offers some of the most beautiful natural surroundings of any Latin American country at some of the cheapest costs. The difference between the cost real estate on the Pacific Coast of California and the cost real estate on the Pacific Coast of Nicaragua is like night and day, but the vista is the same if not better in Nicaragua. Nicaragua also does not tax pensions.

5. Uruguay
This small South American country may not be well known, but it has a lot to offer. The capital city of Montevideo is cosmopolitan and rich with culture. It also has some of the most beautiful beach resorts in the world. Living in Uruguay is dirt-cheap, and so is the real estate. On the downside, it’s a long flight from the States, and you’ll need to learn Spanish to get by.

6. Argentina
Another inexpensive, yet sophisticated South American country, retiring in Argentina is like retiring to a European country without the price tag. The capital city of Buenos Aires is often called the Paris of Latin America for its richness of culture and many museums. Argentina is a fully developed country with a good, affordable health care system. Speaking Spanish is useful, but not required when you live in Buenos Aires.