Paraguay is landlocked, unique to South America, and borders Bolivia, Brazil, and Argentina, but that doesn’t mean it is not beautiful. The country is about the size of California. Lush forests, subtropical climate, and amazing landscapes impress. The Iguazu Falls bordering Brazil and Argentina and surrounded by rainforest are some of the world’s most stunning waterfalls.
The falls are 270 feet high. Paraguay has a strong economy, gradually making it the envy of South American nations. But compared to the U.S. the cost of living in Paraguay is significantly less.
Local purchasing power is 73% lower
Rent is 63% lower
Groceries are 75% lower
Local goods and services are 69% lower
Greece
It is very economical to live in Greece and the nation is rich in natural beauty. Greece boasts some of the Mediterranean’s most beautiful coastal scenery. Rent is lower than almost anywhere else.
However, there has been a lot of poverty and social discontent. The nation has faced economic disaster and massive government debt. Banking services may not be up to par. But the weather is a dream, and you can rent a one-bedroom for $650 in the ancient city of Athens.
Local purchasing power is 3.6% lower
Rent is 68% lower
Groceries are 68% lower
Local goods and services are 64% lower
Uruguay
Uruguay has magnificent landscapes, an attractive climate, and a welcoming culture. The crime rate is low, the economy is strong, and the social system is stable. Education, pensions, and healthcare are provided to its citizens. The South American country located between Brazil and Argentina has become a popular ex-pat destination.
It has a population of 3.5 million. Montevideo is a bustling city and the capital. Property is a fraction of the cost compared with large American cities, but Uruguay’s growing economy has made it more costly than other South American nations.
Local purchasing power index is 28.64
Rent is 67% lower
Groceries are 44% lower
Cost of living is 28% lower
Zimbabwe
Zimbabwe is an African nation located near Madagascar and landlocked by Mozambique, Zambia, Botswana, and South Africa. The country has a fascinating history and a rich culture. It possesses two UNESCO sites and Africa’s best safari locations.
Pouring from the Zambezi River on the Zambia border, the stunning Victoria Falls is the world’s largest waterfall. The nation is gradually becoming more Western making it an inviting relocation, however, human rights have been known to suffer under an authoritarian government.
Local purchasing power is 82% lower
Rent is 77% lower
Groceries are 41% lower
Local goods and services are 32% lower
Cuba
Cuba is a gorgeous island in the Caribbean with spectacular beaches. What else do you need to know? The medical tourism industry has contributed to Cuba’s economic growth. Healthcare and education are available to all in the small island nation located off the coast of Florida and between the Caribbean islands of Jamaica, the Caymans, and the Bahamas.
Cuba’s reputation has been marred by a communist past, so it is interesting that Fidel Castro’s economy was stronger then. Having said that, it is coming back, due, in part, to the Obama administration’s efforts of improved relations.
Local purchasing power 98% lower Rent is 61% lower
Groceries are 32% lower
Local goods and services are 35%