Take a trip to Bolivia
 

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Article #8: Living and Retiring in Bolivia

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A beautiful and inexpensive place without mid 70s. Even the hottest days are always
a tourist in sight. Sound like a dream? tempered by cooling breezes.
It's not. This slice of paradise does Bolivia is a republic with a presidential
exist. Nestled high in the Andes system of government. Its fully
Mountains of South America, Bolivia is a democratic, American style system retains
little-known retreat exotically spiced the respect of individual rights and
with a unique Latin and Native American freedoms.
flavor. Bolivia has a lot to offer...a Bolivia enjoys a remarkably low crime
very low cost of living, unspoiled rate, with violent crime being virtually
natural environment, friendly people and unknown and theft not commonplace.
a range of climates to suit virtually Americans, Canadians, Australians and
every taste. most Europeans don't need a visa to spend
Property prices are among the lowest in up to 90 days as a tourist in Bolivia and
Latin America and it has the potential to nonresidents may buy property. Live the
become the world's next great expatriate good life on less than $9,000 a year.
haven. Bolivia has long been a favorite Besides the fact that there's no such
destination of adventure travelers, yet thing as a rat race in Bolivia, its
few mainstream American and European biggest asset is its cost of living. You
tourists make it to this secretive can stay in a clean, friendly hotel in
outpost. Why? Well, perhaps it's because the city center for $8 a night (or US$125
Bolivia isn't a destination you stumble per month) where every meal costs less
across by accident. Shrouded by great than $3. Groceries are up to 70% cheaper
mountain ranges, it lies hidden between than in the United States or Europe. A
Brazil, Chile, Argentina, Peru and routine trip to a good English-speaking
Paraguay. doctor will set you back no more than
The country's most famous visitors were $20. You can take in an American movie
Butch Cassidy and the Sundance Kid, the for only $2 or get a taxi across town for
American outlaws who fled to South as little as 80 cents. And you're
America in the early 1900s - they are certainly not going to have high utility
said to have had their last stand with bills: Electricity and heating costs
the Bolivian army and are buried here. As average $15 a month.
recent as the 1980s, wise old men in Cheap Real Estate
towns throughout the Bolivian highlands To give you an example of the costs, here
could be heard gossiping about the fate are some properties on offer right now:
of two of America's most notorious A 4-bedroom, 2-bathroom, 2500-square-foot
outlaws. In Bolivia, myths come thick and home in an affluent neighborhood with a
fast, and one legend has it that the large garden, a garage, an alarm system,
Incas have an underground network of and every modern convenience, for
secret passageways on an island located $75,000.
in Lake Titicaca, which is praised by A 2-bedroom, 1-bathroom, 800-square-foot
visitors as being one of the deepest blue apartment with a dining room, a kitchen,
and most beautiful bodies of water in the central heating, a balcony, and parking,
world. costs $15,000.
Leave your worries at home Rentals are downright cheap by First
Bolivia is one of those countries that World standards. Apartments begin at
seduce you through sheer personality. The around $75 per month for something small,
colorful bustle of its markets and street with houses starting at the $200 mark.
vendors, the liveliness of its nightlife, You could certainly rent a nice
and the charm and friendliness of its two-bedroom apartment in one of the best
people, make it one of the most livable parts of town for $175 to $350 a month.
places in Latin America. Bolivia has a And you can lease a luxury three-bedroom
bit of something for everyone: charming suburban home would rent for between $275
old-world colonial towns with great and $400 per month; homes with private
restaurants, museums, and nightlife, as swimming pools start at around $500
well as slow-paced cozy developments in monthly.
rural areas near indigenous villages, Recently, I helped a client find a lot to
where hunting, gathering and fishing are build on for less than $5000, with good
a way of life. shopping, a lake and the airport all in
The climate is another plus. Temperatures walking distance.
in Bolivia range from the mid 60s to the These deals and many more make
low 80s, with the average being in the little-known Bolivia worth investigating.






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