How many of us are still here?

[LuckyLuke]

The low exchange rate is not benefitting Arg or expats but corporate speculators. It is an old movie we have already seen here a couple of times...

I've often wondered exactly how a parity would benefit the so called "oligarchs" of Argentina and it's not actually clear to me. While you could say that an expensive peso and liberated capital extraction allows you to take advantage of previously trapped unproductive pesos to launder abroad this would be highly limited by the amount of dollars the BCRA has available to exchange. They could also just as easily extract and launder it via crypto previously anyway.

 

[John.St]

...certainly nowhere else that I could live in a three bedroom house on 2.5 acres of land, own and maintain a car, and pay all of my living costs (including all utilities, food, medical exams, insurance, wifi, Netflix and government fees and taxes) for $600USD per month.

Thailand and Vietnam comes to mind. US$ 600 would pay all expenses for a comfortable life for one person.

 

[perry]

the cheapest country of the world now is ,Pakistán and then Bolivia our neighbour . food in bolivia is exceptionally cheap up to 7 times less in dollars . for example menu de día can be had for one dollar in many places and huge hamburgers for less than two dollars .

 

[Alby]

I have to agree with Perry on this one. I was in Cochabamba and Tarija for 7 days last week. It was staggeringly cheap.

 

[perry]

I have to agree with Perry on this one. I was in Cochabamba and Tarija for 7 days last week. It was staggeringly cheap.

its up to 10 times cheaper to eat in Bolivia than Argentina right now and the food is excellent

 

[Alby]

The caveat being that the benefit accrues only to foreigners bringing in dollars and changing them at the Bolivian blue rate.

 

[perry]

The caveat being that the benefit accrues only to foreigners bringing in dollars and changing them at the Bolivian blue rate.

the blue rate is double the official rate and Even at the official rate food is 4 to 5 times cheaper than Argentina

 

[FrankPintor]

We've spent the past week or so in Asuncion, in Paraguay, in part to escape the cold in Buenos Aires, and in part to do some shopping. Clothes and bed-clothes (from Feria Americana, or Feria Asuncion), pots, pans and cutlery sets (Essen and Tramontina), an Electrolux extractor and an Oster pressure cooker for the kitchen are all approximately a third of the price in Buenos Aires.

We splashed out on some nice buffet restaurants, O Gaucho in San Bernardino for USD 25 / person, Paulista Grill USD 15 / person, Shangri-La USD 12 / person, all not including drinks or coffee. Shopping for food at Super Seis is cheap, Biggie is a bit more expensive but open 24 hours. A litre of Jameson's is USD 25.

It's full of Argentinians and Brazilians shopping, and other assorted foreigners marveling at the prices and thinking about investments. Residency is apparently easy to get (I haven't checked it out, yet).