Why Do So Many US Citizens Pick This South American Country?｜Living in Peru

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Discover the cost of living in Peru. Dive into the experiences of those who chose to retire in Peru. From city life in Lima to peaceful Mancora, understand why so many Americans and Europeans are moving to this South American country and choosing cities like Arequipa.

Hint: The possibility of purchasing real estate and inexpensive private healthcare are among the reasons, but not only.

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From ten years living as an expatriate in the Middle East, South America, and Eastern Europe, to the best advice we wish we had before boarding. All that in two straightforward, no-nonsense guides for every expat.

💡 TOPICS IN THIS VIDEO 💡
Mancora Peru Retirement, Mancora Peru Cost of Living, Mancora Peru Beaches, Mancora Peru Safety, Mancora Peru Real Estate, Arequipa Peru Cost of Living, Best Place to Retire in Peru, Cost of Living in Cusco Peru, Cost of Living in Lima Peru, Cost of Living in Peru, How is Living in Peru, How to Live in Peru, Life in Peru, Living in Peru as an American, Living in Peru Expat, Living in Peru Pros and Cons, Where to Live in Peru, Retire in Lima Peru, Retire in Peru, Retire in Peru Pros and Cons

🔎 EXCERPT 🔎
The Pros and Cons of Planning to Retire in Peru
For sure some of the pros of living in Peru are already known. You won’t be surprised to find this country among the seven best Spanish-speaking places to visit, with attractions such like the delicious food, lower living costs and pleasant weather. But how low are the living costs, and how pleasant is the weather? And what are the downsides? (You can be sure that there are downsides).
So first, let’s have a deeper look at the favorable and negative points of retirement and living in Peru.
Cost Of Living
Peru offers an affordable cost of living, making it an attractive destination for retirees looking to stretch their retirement savings. According to Numbeo, the cost of living in Lima, Peru’s capital city, is 54% lower than in New York City. Housing costs are particularly affordable, with a one-bedroom apartment in Lima costing around $400 per month.
Peru is one of the least expensive countries in South America, despite having a quality of life and HDI superior to places like Colombia or Brazil.
Currently, Peru is the 7th among the best countries for expats in all Latin America and the low cost of living is one of the reasons for such good rank. There are cheaper places in South America, like Colombia, but their development level is also lower.
Weather
Peru’s diverse geography offers a range of climates, but much of the country enjoys warm, pleasant weather year-round.
Private Healthcare is Affordable
Private healthcare in Peru is generally more affordable than in the US and is available in big cities like the capital Lima, and the quality is much better than the average public hospital.
Compared to the United States, private healthcare services in Peru can be significantly cheaper. For example, the cost of a routine doctor’s visit in Lima can be as low as $30-$50, compared to an average cost of $200 in the United States. Many doctors from private hospitals are familiar with medical care for foreign nationals.
Foreigners Can Buy Property in Peru
Foreigners can buy property in Peru, and this is something that differentiates this South American country from many others. Poland, for example, does not allow non-Europeans to buy land, unless they are already in the country for a long time.