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Archive for the ‘Uncategorized’ Category:
Southern Chile Beauty
Puerto Montt, Chile sits in southern Chile, south of the Chilean Lakes region. It’s a beautiful port city that sites against the backdrop of the snow-capped Andes Mountains. Puerto Montt is beautiful city that is worth a look by any expat considering living in Chile. It has a relatively mild climate akin to the Pacific Northwest. This is a video of Puerto Montt.
Attracted To Uruguay
Well, from off the radar comes information on Uruguay. Uruguay has been called Iowa with beaches by some. It is hardly a land of adventure, but it does seem like it is a lower cost destination with a nice basic infrastructure that I am looking for. The thing that entices me the most is its very liberal rentista visa scheme.
What actually is a rentista visa? In many countries they have a visa that is based on receiving income from outside sources on a monthly basis. In some countries, the amount required is quite high, for example Thailand needs to see $1800 month per person. Argentina has a rentista scheme that requires $800 a month in income to qualify for and eventually leads to citizenship. Well, Argentina had seemed like the best deal until I saw what Uruguay had to offer. $500 a month from external sources will get you permanent residence and you can turn it into citizenship in 3 to 5 years. That is one heck of a deal.
What about real estate prices in Uruguay? I am not sure how the real estate prices compare to other locations. Compared to real estate prices in Seattle, real estate prices in Austin, real estate prices in Orange County or real estate prices in Portland, I am sure the prices are much less. I guess that is a topic for further research in the coming days and weeks. Be sure to check back here.
Any comments on the situation in Uruguay? Let me know here.