Recent data reveals that South America, often viewed as crime-ridden, is becoming increasingly safe. Buenos Aires is compared with major U.S. cities to showcase this shift. The discussion highlights not only safety but also the allure of lower living costs and favorable tax conditions. Listeners are encouraged to embrace the rich cultural experiences and personal growth opportunities that come with residing in Latin America.
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South America's Safety Improvements
South America is becoming safer, challenging its violent reputation. The 2024 Global Peace Index shows Argentina as the safest in South America.
Safety improvements make it an increasingly attractive lifestyle destination for expatriates.
insights INSIGHT
Argentina's Cities Safer Than US
Buenos Aires ranks fourth in lowest homicide rates in the Americas, on par with Toronto. Major Argentinian cities are safer than San Diego and New York.
Some Latin American cities outperform large U.S. cities in safety, debunking common fears.
insights INSIGHT
Latin Cities Safer Than US
Sao Paulo, Lima, and Mexico City have lower homicide rates than Los Angeles. Medellin and Bogota are safer than Houston.
Safety varies, but many large Latin American cities now exceed some U.S. cities in safety metrics.
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South America has a reputation for crime, and many Western travellers and nomads avoid this part of the world for this reason. But recent reports show a trend we have been talking about for a long time now. South America is getting safer every year and it is catching up with the West. Mr Henderson will go through the most recent reports and compare Argentina, South America's safest country, with many big cities in the US and Canada. Not only will we compare how safe both of these are, but also how much tax you are expected to pay for a very similar quality of living.
Nomad Capitalist helps clients "go where you're treated best." We are the world's most sought-after firm for offshore tax planning, dual citizenship, international diversification, and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors.
We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country.
No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't.
DISCLAIMER: The information in this episode should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
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