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Expats in Thailand considering moving to Latin America prompted by Thai visa changes


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On 8/13/2019 at 1:51 PM, seasia said:

Argentina has just got even cheaper. Peso down v. US% about 15 % after falling as low as 30 % down.

 

 

 

 

"Argentine President Mauricio Macri vowed on Monday to win a second term despite a surprisingly strong performance by the opposition in the primary election that set off a shockwave through markets, crashing the peso currency and sending stocks and bonds tumbling.

Macri said he would "reverse" the result of Sunday's primary, but acknowledged that a weaker peso triggered by the surge in support for Peronist opposition candidate Alberto Fernandez and his running mate former President Cristina Fernandez would fuel inflation.

The peso closed 15% weaker at 53.5 per U.S. dollar after plunging some 30% to a record low earlier in the day after the primary election prompted market fears over Argentina's potential return to the interventionist economics of the previous government.

Refinitiv data showed Argentine stocks, bonds and the peso had not recorded this kind of simultaneous fall since the South American country's 2001 economic crisis and debt default."

 

Source reuters, via IG Index,

 

 

Steak chips and wine for dinner everyday ?

 

Could suit a young nomad with a high risk tolerance.

 

 

 

 

yeah....Very High Risk tolerance!

 

https://www.numbeo.com/cost-of-living/compare_cities.jsp?country1=Thailand&city1=Phuket&country2=Argentina&city2=Buenos+Aires&amount=65000&displayCurrency=THB

 

 

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What some 60 years old 2 times divorced woman from Sheffield not good enough for you? 🤣 We all know why we are in Asia. The culture. 

there is zero chance of me riding my motorcycle ALONE all over anywhere south of the USA border.   Travel Thailand alone no problems anywhere. 32,000 kilometers worth of motorcycle road trip

I stayed in Rio 2 months and got robbed at knife point twice, in broad daylight. Not to mention all those times i managed to escape. Been in Bangkok 15 years, so far no such incident. I love Rio, wond

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If you are young, nomad, on a limited budget, and you like dry hot weather, please have a look at Salta (Argentina) and nearby places.

380 USD a month /cost of life for an expat....

Many second-tier-cities in Argentina could fit your needs, now that  devaluation made it affordable

The website is not reliable, I have been checking cities in Italy, lot of nonsense! but is an starting point. It offers videos of each place as well:

https://nomadlist.com/near/salta

 

The speed of  change is revolting nowadays! Too much. 

 

 

 

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2 hours ago, snowballthecat said:

If you are young, nomad, on a limited budget, and you like dry hot weather, please have a look at Salta (Argentina) and nearby places.

380 USD a month /cost of life for an expat....

Many second-tier-cities in Argentina could fit your needs, now that  devaluation made it affordable

The website is not reliable, I have been checking cities in Italy, lot of nonsense! but is an starting point. It offers videos of each place as well:

https://nomadlist.com/near/salta

 

The speed of  change is revolting nowadays! Too much. 

 

 

 

Agree completely. Argentina is the best of the lot in latin America for low cost living for expats. Great wine, great steak, great culture, and even though Salta is a bit removed, price is cheap. Much better IMO than all these other touted places like Colombia, Mexico, and the other usual candidates.

 

*just to add, Nomadlist is an excellent source, and not only for Gen Z millenials. Older folks can enjoy much of the same benefits and Argentina clearly is coming on as a winner for digital nomads, and that is something to consider for retirees too.

Edited by keemapoot
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4 hours ago, keemapoot said:

Agree completely. Argentina is the best of the lot in latin America for low cost living for expats. Great wine, great steak, great culture, and even though Salta is a bit removed, price is cheap. Much better IMO than all these other touted places like Colombia, Mexico, and the other usual candidates.

 

*just to add, Nomadlist is an excellent source, and not only for Gen Z millenials. Older folks can enjoy much of the same benefits and Argentina clearly is coming on as a winner for digital nomads, and that is something to consider for retirees too.

I'm happy to see other people focus more on Argentina. But I've been there, I did love the wine and steak, the people not really so much, but overall I have rejected it as a viable expat destination for me for retirement. Why? Predictable pattern of financial crises. People laugh at them for that. I think people are being naïve looking at the exchange rates. There are other effects that are not so pleasant when there are meltdowns. But even more so, I find the retirement visa process there simply NUTS. To exaggerate it seems like they want to see an apostille for everything, so why not your balls as well. Yes, you'll need a lawyer. An expensive one, and good luck.  If someone has been through that, especially after living in Thailand, by all means tell us all about it. 

 

To add, not that I'm an expert on Argentina and Uruguay, but I would suggest to people that are interested in Argentina to ALSO look at Uruguay. You'll get the same wine and steak but a somewhat different culture and more sane retirement visa process. I'm somewhat under their requirements but they're fairly moderate so many people can qualify. 

Edited by Jingthing
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5 hours ago, snowballthecat said:

If you are young, nomad, on a limited budget, and you like dry hot weather, please have a look at Salta (Argentina) and nearby places.

380 USD a month /cost of life for an expat....

Many second-tier-cities in Argentina could fit your needs, now that  devaluation made it affordable

The website is not reliable, I have been checking cities in Italy, lot of nonsense! but is an starting point. It offers videos of each place as well:

https://nomadlist.com/near/salta

 

The speed of  change is revolting nowadays! Too much. 

 

 

 

very interesting site thx for posting

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17 hours ago, Jingthing said:

 Predictable pattern of financial crises. People laugh at them for that. I think people are being naïve looking at the exchange rates. There are other effects that are not so pleasant when there are meltdowns.

Yes, you are right, very risky move. Could suit someone for a while ,until inflation or default drive you out for good.

 

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13 minutes ago, snowballthecat said:

Yes, you are right, very risky move. Could suit someone for a while ,until inflation or default drive you out for good.

 

Also the local people living through such crises are not in the most cheerful moods. Plus it can make banking there even more interesting. 

Edited by Jingthing
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I lived in LA for many years...am fluent in Spanish. Lived in Paraguay,Argentina and also Colombia. I can tell you that most prices are way way more in South-America. Also level of service tends to be LOWER then Asia..!! I also have been to Panama,DR,Peru,Brasil and Uruguay.

 

If you want to have a easy country to live in go Argentina...after 2 years of residence you are able to get an Argentine passport!!!!!!!! Compare that to Thailand!!!!! NO WAY you could do that in Asia.

 

The ladies??? well thats very very different from SE Asia....imho. Very difefernt indeed. Outside...and inside. Its just another world.

 

Speaking spanish is a must...if going to Brasil Portugese offcourse. However...latin people tend to be much more violent..then Asians!!!! Tell you that.

 

If have questions..feel free to ask. I will try to answer.

 

suerte

 

Hans

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7 minutes ago, Hans007 said:

I lived in LA for many years...am fluent in Spanish. Lived in Paraguay,Argentina and also Colombia. I can tell you that most prices are way way more in South-America. Also level of service tends to be LOWER then Asia..!! I also have been to Panama,DR,Peru,Brasil and Uruguay.

 

If you want to have a easy country to live in go Argentina...after 2 years of residence you are able to get an Argentine passport!!!!!!!! Compare that to Thailand!!!!! NO WAY you could do that in Asia.

 

The ladies??? well thats very very different from SE Asia....imho. Very difefernt indeed. Outside...and inside. Its just another world.

 

Speaking spanish is a must...if going to Brasil Portugese offcourse. However...latin people tend to be much more violent..then Asians!!!! Tell you that.

 

If have questions..feel free to ask. I will try to answer.

 

suerte

 

Hans

I spent a lot of time in LA, (Colombia, Venezuela, Brazil, Argentina mostly) but many years ago now. I haven't returned for more than 20 years. I personally love Brazil more than any place in LA, but yes you are correct, can be violent, and dangerous, so you need money to live in your own compound or better neighborhood with condo or apartment security. You can get by in Brazil speaking Spanish, but definitely must speak Spanish for all the other countries. I would say don't even think about it if you can't manage a decent level of Spanish. Overall, for someone used to living in Thailand, yes, it is an adjustment as Latins are more formal. 

 

I am thinking about spending a few months in Argentina, maybe annually, maybe not, when I retire. The bottom line IMO is that those who are used to the casual and easily livable lifestyle in Thailand will be mostly deeply disappointed with living permanently in most places in LA, unless your Spanish is great and even then, it's just not Thailand. So, I think the threshold has to be pretty high to change places, and that everyone who is established here should really think hard and long before moving, and take an extended (multi-month) living abroad experiment first, before tossing in the towel here.

 

Hats off to Captain Jack for spending time in a Mexico recently and reporting his impressions. 

 

 

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I wouldn't really mind an expat ghetto but I'm not aware of one in Latin America that's a place I want to live and also meets my visa and budget requirements. But really you're definitely much better off learning Spanish anyway. For many people it's got to be an expat ghetto or nothing but I'm not going to judge them. This isn't a one size fits all kind of thing.

Edited by Jingthing
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Well, I probably shouldn't have commented on the TM30 debacle,  but the better part of reason got away from me.  Lol.  Back on track.  I'll let y'all know about Colombia once Rick and I get down there. And Jingthing,  I finally spelled it right! Only took 8 months.  Yikes....

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6 hours ago, CaptainJack said:

Well, I probably shouldn't have commented on the TM30 debacle,  but the better part of reason got away from me.  Lol.  Back on track.  I'll let y'all know about Colombia once Rick and I get down there. And Jingthing,  I finally spelled it right! Only took 8 months.  Yikes....

I was just remembering my first trip to Bogota for business. There was a request to also go to medellin and remember rejecting this because it was the most dangerous city in the world at that time with the Escobar drug cartel wars and all. 

 

Wow, have things changed in 30 years.... Now, expats are discussing it as the hot place to retire....

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This thread has been dying a painfully slow death since it was downgraded to entertainment.  However, just to throw a few facts (from Bloomberg no less) to the fake news being posted here, as predicted crime rates have skyrocketed in Mexico City under the  left wing government.  So another safe haven is gone for you guys retiring in the  "paradise oasis"  cities of Toluca, Juarez, or Tijuana.  Sorry to be a bearer of bad news though....

 

https://www.bloomberg.com/news/articles/2019-08-02/narco-shootouts-rock-mexico-city-shattering-its-haven-status

"Mayor pledges to expand police force after killings in the capital grow 15%"

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