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Frequently Asked Questions
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Why
should I consider retiring to Latin America?
Why Panama, Costa Rica or Mexico?
First, if you haven't been to any of these countries then you should certainly plan to go soon! Home prices are relatively lower, overall costs can be significantly less, healthcare is excellent in some areas and getting better every year and many other good things are happening in Latin America and you should seriously consider this an excellent time to visit and/or move to Latin America!
We expect incredible changes during the next 1-15 years all over Latin America as witnessed in Panama right now. The world is changing rapidly, don’t let this opportunity pass by. Expect good things and make them happen today! |
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What is the crime rate?
Petty theft is common so be aware of this. Be as careful as you would if you went on vacation in Europe or Washington DC. You wouldn't walk around in dark places and you wouldn't flash a lot of cash or jewelry. This same logic applies in just about every major city and/or country in the world.
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What's a hectare?
A hectare equals 2.471 acres
or you can also think of a hectare as an area
of land 100 meters wide by 100 meters long. |
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Should I rent/lease first, before purchasing a home?
YES!! Absolutely! Many people are rushing into a new home. This can be a very costly mistake! Always get to know the neighborhood you are considering moving to. Get to know the local customs and traditions, learn where to do all of your shopping and make sure you can acclimate to such a significant change! You think you'll be happy in the city, but perhaps the countryside is a better fit. Always rent first, then make a decision in 6 - 12 months. Now that once you purchase a home in Latin America, it can be much more challenging to sell than you expect!
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What are other benefits of living in Latin America?
Have we mentioned a great quality of life? There are an endless list of discounts and things to do all over Latin America including golf, shopping, bird watching, beaches to relax on and much more. There are also very good hospitals with English speaking staff, many of whom were educated in the United States or Canada. The benefits of living in Latin America, as far as we're concerned, far out-weigh any difficulties you might think of. |
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Can I bring a dog or cat?
Yes! This is usually a simple process. Make sure your pet’s shots are updated 3-9 days before your move. Also make sure your pet has its rabies shot at least 30 days prior to traveling and you have the proper documentation from licensed Vet. Your pet will generally be inspected as soon as it arrives at your destination and a fee for paperwork and another inspection will be charged. (Expect to pay approx. $150.00 per pet after you arrive.) Generally your pet can go home with you that day. If for some reason your pet appears ill, you may have to pay a daily fee until the vet releases him or her. |
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Can I take an RV to Panama, Costa Rica or Mexico?
This is not recommended for many reasons. Roads, weather, cost of travel and lack of RV services are a few reasons why we do not suggest RVs in much of Latin America at this time unless of course you’re on a guided tour. |
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How do I purchase Real Estate in Latin America?
First, work with someone you can trust!! Buying and selling real estate in Latin America can be much more complicated than in the US and Canada and much of the time it’s not what you know but WHO YOU KNOW.
Everyone knows three “licensed real estate agents” or “realtors.” BE CAREFUL! Just as you should not choose your friends brother or sister-in-law at home out of convenience, you need to choose your real estate agent or real estate broker wisely! Do your research and interview two or more companies. If you do your homework, you can then be confident you’ve found a company and agent with integrity and good experience. |
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Is it true most people in Latin America live on less than $900/month?
Yes. Even with a college education,
it is very common for a two-income family to live
on $900.00 per month or less. |
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What are the most common home prices in Latin America?
For most people moving to Latin America homes prices will start at $89,900 and up. There are many homes ranging from $30,000.00 - $60,000.00 but they will not have the amenities most retirees desire, including air-conditioning, drywall and water heaters. |
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Is it really humid and are there a lot of mosquitoes?
This is not generally a major concern where most people from the US, Canada and Europe live in Latin America. Remember, the climate is cooler in the mountains and most homes and businesses use air-conditioning. Also, much of the concerns that existed two or three decades ago don’t apply as much today. Note, there are mosquitoes in the hot and humid areas of Latin America, but if you’re in the commonly traveled areas, they should be of little concern. Just be sure to carry a repellent with you that contains DEET along with your sunscreen. Just like Florida, it’s best not to walk outside around sunrise and sunset as these are the most active times of day for mosquitoes.
For more questions and answers, don’t forget to visit these very useful websites:
http://panama.usembassy.gov/
http://sanjose.usembassy.gov/
http://managua.usembassy.gov/
http://www.dfait-maeci.gc.ca/world/embassies/menu-en.asp
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Contact
us for more information
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