The VERDICT: Living and Retiring in Argentina vs. Uruguay | Cost of Living, Pros and Cons
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- čas přidán 28. 08. 2024
- Retirement in Argentina or Uruguay: Which one is the best in terms of cost of living, quality of life, taxes, and bureaucracy?
Today we compare the Argentinian capital, Buenos Aires, vs. the Uruguayan capital, Mendoza, and check what they offer to expats planning to retire abroad.
We also made a unique comparison between two cities that are hotspots for those seeking a good and tranquil place for retiring in Argentina (Mendoza), and for retiring in Uruguay (Maldonado).
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💡 TOPICS IN THIS VIDEO 💡
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#travel #uruguay #argentina #retirement
🔎 EXCERPT 🔎
These two countries have so many similarities that when deciding
where to live, work remotely, or retire abroad, people ask:
Uruguay
Or Argentina?
Which one is better?
Or are they pretty much the same?
I will already answer this question for you: no, they are not the same.
While so many things are similar between those two neighbors,
others, like the rhythm of life,
the social issues
and, most of all, the cost of living change tremendously between Argentina and Uruguay
Today you will discover the Pros, Cons and
how much you would need to spend to live and retire in Argentina and Uruguay
And our comparison will be apples.
First, we will give the pros, cons, and costs of living in the capital of Argentina, Buenos Aires,
versus the capital of Uruguay, Montevideo
Then, will come an even more interesting comparison, between living in one of the most desired cities for expats in Argentina, Mendoza
versus its Uruguayan rival, Maldonado
Then, we will compare how your pension or income from abroad will be taxed in both countries. That is VERY important, so what until the end
And then I will give you a final score: which country is the best right now for you.
Ready?
So let's start comparing the pros and cons of the two capitals, Buenos Aires and Montevideo.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes..
@@Elliot-Ivan That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@@YinusaSaheed My advisor is VICTORIA CARMEN SANTAELLA;
You can look her up online
@@Elliot-Ivan The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
It is a difficult choice. I have been to both countries. I think I like Mendoza better. Mountains and arid climate (Ut) were my home for almost 40 years. The stability of Uruguay is a factor but I guess a person could just leave if it gets too sketchy in Argentina. I do hope the new President keeps making huge improvements, Argentina has a lot more diversity in its people and is geography. Thank you!
best option is Argentina mar del plata mendoza or cordoba .
👋🏼 Small struggling Travel Channel here. I love your content, thanks for this great video! You inspire me to keep grinding my channel, maby one day I’ll grow as big as you 🥲
Spamming. Literally have seen copy paste comment on many other creator's comment feed. Sp
@@magnolya8 🤯🥲🤷🏽♂️
wrong data:
Buenos Aires and Montevideo aren't similar in terms of security
Buenos Aires with 2,8 homicides/100K inhabitants is the second safest capital in entire America, just behind Ottawa in Canada,
Montevideo with 11,5 homicides/100K inhabitants is one of the most violent cities in South America
and obviously insecures zones of Montevideo r more dangerous than Buenos Aires ones
sorry, after watching first part of vid, I stoped keeping on watching, huge lack of true information....
source? that is absurdly wrong and only true if youre comparing bad parts of montevideo to Recoleta or something absurd. apples to apples you are completely wrong.
@@user-br4zg3ec8t
"en lo que respecta a la tasa de homicidios, que se calcula a partir del promedio de 2022 y 2023, Montevideo es el departamento con la tasa más alta del país (15,4)"
source: ladiaria uy como fueron los homicidios en 2023
"Buenos Aires se convierte así en la Ciudad capital más segura de América Latina, y la segunda del continente, después de Ottawa (Canadá)
tasa de homicidios dolosos cada 100.000 habitantes fuera de 2,86"
source: elpais cr buenos aires se presenta como la ciudad mas segura de America Latina
just check it out.....
@@user-br4zg3ec8t
"en lo que respecta a la tasa de homicidios, que se calcula a partir del promedio de 2022 y 2023, Montevideo es el departamento con la tasa más alta del país (15,4)"
source: ladiaria uy como fueron los homicidios en 2023
"Buenos Aires se convierte así en la Ciudad capital más segura de América Latina, y la segunda del continente, después de Ottawa (Canadá)
tasa de homicidios dolosos cada 100.000 habitantes fuera de 2,86"
source: elpais buenos aires se presenta como la ciudad mas segura de America Latina
just check it out.....
@@user-br4zg3ec8t
"en lo que respecta a la tasa de homicidios, que se calcula a partir del promedio de 2022 y 2023, Montevideo es el departamento con la tasa más alta del país (15,4)"
source: ladiaria uy como fueron los homicidios en 2023
"Buenos Aires se convierte así en la Ciudad capital más segura de América Latina, y la segunda del continente, después de Ottawa (Canadá)
tasa de homicidios dolosos cada 100.000 habitantes fuera de 2,86"
just check it out.....
@@user-br4zg3ec8t
"en lo que respecta a la tasa de homicidios, que se calcula a partir del promedio de 2022 y 2023, Montevideo es el departamento con la tasa más alta del país (15,4)"
source: ladiaria uy como fueron los homicidios en 2023
"Buenos Aires se convierte así en la Ciudad capital más segura de América Latina, y la segunda del continente, después de Ottawa (Canadá)
tasa de homicidios dolosos cada 100.000 habitantes fuera de 2,86"
source: elpais cr buenos aires se presenta como la ciudad mas segura de America Latina
just check it out.....
Great video. I like the criteria you use and how you explain the cities. I’d love to see this evaluation of more cities in Argentina and Uruguay as we are headed there this fall.
Great video. I heard today that to get residency in Uruguay it requires taking a bunch of vaccines. I had not heard this before. Can you confirm if this is the case? thanks.
My research told me the same. I would love to know if there is a work around. Anyone know anything?
@@alejandrarosela8794 False. a simple tetanus shot is required. nothing more and not required if you have had one in last 10 years
Another consideration might be which is more likely to grant citizenship. What I have heard is that Argentina will eventually grant citizenship to long-term residents but Uruguay will not, even if someone follows all of their rules for eligibility.
Exactly! Argentina has a very time-saving path for citizenship.
Perhaps I missed it but did you compare the interest differences between living in Buenos Aires and Montevideo. Buenos Aires has so much more to offer architecturally and culturally than Montevideo. In fact some travel experts consider Montevideo to be somewhat boring in comparison.
Yes, we mentioned the huge difference in the social and cultural life between both cities. Montevideo (and Uruguay) is a very laidback place compared to the BAs
better or best option for a retired person is to go to live to mar del plata mendoza or cordoba . in mdp you can buy an apartment in down town 2 bed rooms about 50m2 for $60.000 to $90.000 dollars that is in 2024 .
Both, I will visit both, nicely done
Damn. It’s a tough choice. Both of them sounds enticing
Simple rule to help you pronounce taxed , don't say tax Ed say taxt and soften the t sound
Thanks!
I just wanna say thank you for doing this video and it really would be great if you could do even more I’m seriously thinking about leaving United States or at least coming to another country and maybe becoming a permanent resident or at least living there part of the year every year, I am a semi retired military veteran with Seven net income month after taxes. And I’m thinking about maybe starting over meeting the younger and getting married again and it’s a place that women that truly embrace being women and do it with pride in America, too much bad has been taught too many lies have poison so many minds in this country. I don’t doubt that we will fix it but at the same time I wanted to try something different so this video really help me out. You seem like a really awesome person and I wish you well. May the Lord bless you and everything you do as well as your family and please keep making these videos you sound like you probably be a pretty cool person to meet and I like your video a lot thanks a lot.
You have go to the Philippines, you still find there all that you are looking for
Are you sure Argentina doesn't charge taxes on foreign pensions for residents?
Your comparisons are confined to fairly affluent lifestyles. My interest would be to compare a frugal minimalistic studio rental - in Mendoza City center perhaps as my preferred lifestyle - and what 'that' can be had for ? 🤔
"My interest would be to compare a frugal minimalistic studio rental" That is an interesting suggestion. We started to apply it in other videos like this one: czcams.com/video/G4TD3QHsuyM/video.htmlsi=Cd5kSrxB8jJuBDXG
@@the_expat ''you'' - are full of 💩according to International Living calculator ! Bucaramanga is 1.5 times more expensive than Mendoza ? --- Which is what I asked you for to begin with (?) - AND - you ignored.
There's that much country in the Work like Uruguay!
Uruguay is x10 more expensive!!
Is this 10 years tax break only available for retirees or does it apply to digital nomads also?
Uruguay or Argentina: What is your opinion about which one is better? If you are interested in South America, check also our video about *the 10 cheapest big cities to retire in South America* here: czcams.com/video/G4TD3QHsuyM/video.htmlsi=oxpVqTR8w1AKJXoj
Are there job opportunities for a foreigner in uruguay
What country would be good for an older guy that’s in good shape and doesn’t look his age that would be looking maybe to me younger woman that wants to have a family to embrace the good things about being a woman and acting like a woman and appreciate what is about the traditional sense andwhat countries would be good for somebody that’s a Christian and takes it seriously not an overly stated way, but in a genuine way just thinking about questions that I’m asking and what’s important to me so if anybody knows a good answer or has any advice or thoughts would be great appreciate it
Sorry man, TOTALLY WRONG !
You cannot compare Punta del Este with Mendoza, totally different, and you missed it.
Punta del Este is where every Argentinian wants to be, and only very rich ones goes there. Hollywood actors and famous people visit Punta del este, and there is even a TRUMP TOWER. it's the Saint Tropez from South America, nothing to do with Mendoza.
Cost of living is also WRONG!
Uruguay is minimum 5 times more expensive than Argentina to live. I was October and November 2023 and everything was much expensive than in Europe. I guess products at supermarkets are much expensive than in Switzerland, where they are very expensive. Owning a car is very expensive in Uruguay, used car can be 10 times the price of USA, new can be 2 times, with oil much expensive in Uruguay than in Germany, Spain, France, and so on, like 2 dollars 1 litre, which in Argentina is many times cheaper.
Not to mention Punta del este is on the Atlantic ocean with lot of beaches and surf lifestyle, nothing to do with Mendoza wines plantation.
And then you compare Montevideo with Buenos Aires, a city with 1,5 millions in his metropolitan area with one that probably is near 20 million people.
And yes, Montevideo is much expensive to live than Buenos Aires, many times, a restaurant is much expensive than Europe.
But for 900 dollars you dont find this apartment there, I'm sure, 400€ you rent just a room.
Mendoza can be for a normal retired, Uruguay is for rich people, retired or not.
I’m Argentinian and I would never in my life go to Punta del Este. Super expensive and horrible beaches. It’s just the place where Argentinians choose to do their money laundering since the 70s/80s. And when you say “there’s even a Trump Tower” that has to be the most Uruguayan comment ever.
@@adrianb3868
Wrong, I'm not Uruguayan.
And the beaches in Punta del este are beautiful, something Mendoza has not. Even better than mar del plata or any location in Argentina. They were too cold for me for November, but in January it's OK. Brazil has much better beaches than Uruguay, off course, and many other places.
@@Corlione I never said you were Uruguayan, you just said a very Uruguayan thing, like claiming they have 4 World Cups. And I never said the beaches in Argentina were good, they are in fact a bit worse than in Punta del Este. You on the other hand, said every Argentinian wants to be there, which is false.
Punta Del Este and the entire country of UY is full of Gaslighting Predator Robbers/Scammers including All Lawyers. Good luck finding a lawyer that doesn't scam you.
I don’t understand why these comparisons rarely talk about one of the most consequential factors: political stability. Argentina is a mess. Who in their right mind would ignore something with such a major impact on stability and peace of mind? It’s not simply about money.
We actually mentioned social issues in the first half of the video. It is true, Argentina is not the most stable country, however, this opens an opportunity for those who earn in stronger currency.
@@the_expat My apologies if this was discussed. I apparently missed it. Anyway, on the subject of currency, I’ve heard that in Argentina you can exchange currencies at more favorable rates in the black market. And while that might be tolerated, is it really a smart or viable long-term strategy? And does that in effect place you on the wrong side of the law? If someone wishes to relocate to another country, how can anyone suggest, with a straight face, that they should plan to conduct financial business that way?
And to wrap up the conversation on ‘social issues’, there are many facets to that end. There’s the political mess that Argentines have brought unto themselves with their move toward authoritarianism, and there are financial factors such as inflation that is still running over 100% (when I last checked). It suffices to say that I think it should have weighed more heavily in your final analysis. But I now seeing that you have other videos featuring Argentina it begs the question: are you biased toward Argentina? Is that where you currently reside, or originally came from?
@texaszag8748 the video focuses on those who will be living with foreign currencies. The inflation rate is only a factor for Argentines who must live on pesos.
@@johnhamilton2914 You missed my point. Besides, if you were to relocate to Argentina, for instance, you’d have to convert your currency to do business in your new home country. Exchange rates are important insofar as it is a determinant of whether or not you have the resources on hand to afford living in that new location, but it has nothing to do with inflation at any given point in time. My point was that in Argentina you could get a more favorable exchange rate on the black market, which in my way of thinking puts you on the wrong side of the authorities. Exchanging at the actual rate makes the move less affordable. Inflation is a measure of price increases over time and while it may affect the exchange rate, it is not the currency exchange rate.
@@texaszag8748 I guess I understood the video to be about retiring there not doing business there, so that's what I'm referring to. Doing business in Argentina has way too many challenges to be worth it imo. For an ex pat with dollars retired an easy decision.
Uruguay for sure is better.
Si quiere vivir eb un pueblo si
My wife says both countries are racist(she's Colombian.) Most of us are aware of Argentina's history with the Nazi's. Her most salient example is that neither country has ever had a Afro-American on their soccer teams. Are there racial issues in either country?
"Her most salient example is that neither country has ever had a Afro-American on their soccer teams." Argentina never had an afro-american in theri team because they didn't have slavery, therefore the black population there is super small. It is the same reason Mongolia never had a black in their football team.
@@the_expat BS. Argentina had slaves from 1580 until 1861. Don't forget the Nazi's too
Weed is legal in Uruguay. 😃😃😊😊Argentina weed is ILLEGAL.🙁☹☹