Is Argentina Still a Good Deal?

[jantango]

I prefer living on less than $500/month in BA versus living on the streets of Chicago.

 

[Goata]

A friend of a friend of mine, just drove his car three hours, one way, to buy tires in Uruguay. Another example that this is a temporary aberration. Nothing is cheaper in Uruguay - not for long anyway....

Spring is here, and things are much worse than in March when you wrote this.

Yes, they are worse, espically for Argentinians. A grim time for many but an opportunity for people with money. Rents are insanely high in Mendoza but one could buy a house or apartment for 60% of what they were going for a few years ago. I don't know if the situation is similar in BA?

 

[A Antares]

Although costs here are challenging at the moment, things are now worse for many in the United States. And although Argentina is not yet listed as a top destination, nature abhors a vacuum and people will eventually discover what we discovered long ago namely; the wonderful country of Argentina. Especially with people like Doug Casey (International Man) unable to keep a secret. Hopefully the initial reaction is merely emotional drivel and the costs will keep them away.

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A shocking poll has found that a majority of Kamala Harris supporters want to relocate, while nearly half want to leave the U.S. altogether.

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[Murray Rothbard]

India is cheaper to live than Argentina and also more stable (barring the usual protests). You also don't have to deal with the currency control issues. I'm not sure that foreigners can get residency easily but worth looking into. Otherwise check out Thailand

That said, give it another year and I think Milei will win the next elections and bring some economic stability back.

 

[sergio]

Although costs here are challenging at the moment, things are now worse for many in the United States. And although Argentina is not yet listed as a top destination, nature abhors a vacuum and people will eventually discover what we discovered long ago namely; the wonderful country of Argentina. Especially with people like Doug Casey (International Man) unable to keep a secret. Hopefully the initial reaction is merely emotional drivel and the costs will keep them away.

SHOCK POLL: Majority of Kamala Voters Want to Relocate, Nearly Half Plan to Leave The Country Altogether | The Gateway Pundit | by Ben Kew

A shocking poll has found that a majority of Kamala Harris supporters want to relocate, while nearly half want to leave the U.S. altogether.

www.thegatewaypundit.com

They like Argentina's leader more??

 

[sergio]

India is cheaper to live than Argentina and also more stable (barring the usual protests). You also don't have to deal with the currency control issues. I'm not sure that foreigners can get residency easily but worth looking into. Otherwise check out Thailand

That said, give it another year and I think Milei will win the next elections and bring some economic stability back.

Thailand has started taxing expats. Many are leaving as a result. People unhappy with the US elections aren't likely to be fans of Argentina's fearless leader.

 

[Lanick]

Back in Argentina after 9 months. It’s crazy expensive compared to last year. Those “waiter, another bottle of champers over here!” days are over. You gotta be careful with money. I’ve seen a kilo of grapes for $11. An espresso is around $2 which was around ¢70 last year. Taxi from Eze to Palermo $39. Food got very expensive.But you can have an upscale salon haircut for $25. An hour of massage at home $15 and most importantly; amazing healthcare for a fraction of what it’s in Europe or NA. But one thing I have noticed; the vibe of the city is going back to its glory days of the 90s. Unfortunately a generation had left the country. Moved abroad. These were the people who made the city vibe so the city was quite dull for the last 10 years but the new generation of Portenos are turning the city into a cool hip place with many new restaurants and bars. What’s going on in Coleggiales!!?? It became a hipster paradise!! All in all; it’s still cheaper than the us or the uk but definitely more expensive than before. Still a great place though.

 

[Vossos]

Does anybody notice quite a regional disparity? I was stunned at how cheap Posadas was compared to Buenos Aires.

Anecdotally, I earn in GBP and the exchange rate and inflation has meant a huge rise in costs for me in the last year. Many things are European prices if not higher. I’ve started to significantly rein in my spending here whereas I never did before. I expect tourism from US/Europe must have dropped and others must be reining in their expenditure.

The USD to peso rate just seems to more or less peg to 1000 but I can’t honestly believe that this is a true reflection and whatever stimulus is driving it surely can’t continue indefinitely or even on a short term basis. I’m shocked that it’s not around 2000 these days at least

 

[Lanick]

Does anybody notice quite a regional disparity? I was stunned at how cheap Posadas was compared to Buenos Aires.

Anecdotally, I earn in GBP and the exchange rate and inflation has meant a huge rise in costs for me in the last year. Many things are European prices if not higher. I’ve started to significantly rein in my spending here whereas I never did before. I expect tourism from US/Europe must have dropped and others must be reining in their expenditure

Today bought Ibuprofen 60 capsules and they were 31.000. This is $30 or £23. That’s disgustingly outrageous! What is that? There’s no way you can explain this with the inflation or economic conditions. Someone’s taking serious advantage of the situation. It’s not the same place anymore. You gotta watch out your expenses.

 

[Ronnie Hotdogs]

India is cheaper to live than Argentina and also more stable (barring the usual protests). You also don't have to deal with the currency control issues. I'm not sure that foreigners can get residency easily but worth looking into. Otherwise check out Thailand

That said, give it another year and I think Milei will win the next elections and bring some economic stability back.

if if’s purely a toss up for where is super cheap then why not South Africa?