#3 Best Places to Retire in South America: Uruguay
Uruguay offers a fantastic climate and the opportunity for retirees to bring their household goods into the country duty-free. The country offers a stable economy with a good banking system. While costs have risen in recent years thanks in part to its sound economy and growing international interest, it’s only beckoned more to its shores.
In addition to low crime, foreign residents are also able to easily open bank accounts and get access to health care (around $50 a month).
Travelers and retirees are flocking to Uruguay in record numbers, and residency applications increased over 300% since 2007. Ex-pats are from all over the world, and many are coming from the United States.