while cities in Europe have always scored well for livability and Asian cities are increasingly becoming competitive cities in Latin America are struggling in terms of livability Rankings today I'm going to tell you the best most livable cities in Latin America and my thoughts for anyone who wants to move [Music] there every year the economist publishes a list of the world's most livable cities I happen to not agree with some of those in the top 10 they generally have high taxes and the things that they're good at you can replicate if you're a successful person in many other places in the world here at Nomad capitalist we believe you can live anywhere and you can take advantage of good health care you can take advantage of culture and infrastructure and they're much more stable countries than the average person would believe but Latin America has been a lagered I spend a little bit of time every year in bulat and Colombia I occasionally visit other parts of the world but it is the one part where I just really don't have a lot of of my life I don't have really any banking in Latin America I don't spend that much of my time there and so I'm going to explain to you uh what the economist says are the best cities I know a lot of people particularly from the US and Canada enjoy living in Latin America and they are good choices but let's go through the most livable cities in Latin America number one uh is buies Argentina this was a place that always had good culture was always just a a great place to live for someone who's traveling it's pretty far down there but you've seen a number of Airlines have with a stop over generally in so Pao connect pretty much anywhere in the world including Istanbul Dubai it's become much easier if not still long to get to obviously the more interesting development in the last year has been the election of Argentina's new president who's promising to do some serious damage in terms of improving the economy and getting rid of all the historic problems that Argentina has faced if that works buenos Ares will be an absolutely Unstoppable play place to live not just from the things The Economist wants to see from what a nomad capitalist wants to see which is why we've told many of our clients to consider an affordable option of adding Argentine residents to their plan which doesn't necessarily require them to move there but gives them the ability to do so in the near future if they wanted to number two San Diego Chile no doubt a very liable place a place I happen to find a little bit boring walking around parts of Santiago feels almost like walking around like Vancouver or somewhere in Canada stuff just works they've gotten to that next level where even like the sidewalk Crossings don't just work but they've got extra you know bells and whistles that really work and so Chile has been an option for folks for a number of years I find it to be not as livable in terms of just enjoying life but I suppose if you find a nice Beach Community uh outside of Santiago that could work Monto Vio Uruguay also I find it a bit boring certainly it is livable it meets the stability requirement which The Economist looks at San Juan in Puerto Rico is a place where a lot of Americans go and live to take advantage of the tax incentive there because they don't want to renounce their citizenship but they want to dramatically reduce taxes on things like investment income a lot of them will say it's tolerable and so how that's the number four City here I'm not entirely sure number five comes in Lima Peru great Cuisine I guess if you live in a place like Mir Flor is livable enough the least livable karacas Venezuela interesting that I've had a few friends uh and one of our colleagues who've been to Venezuela recently and they say they have cleaned up a good amount of the crime things have gotten better and yet you can buy properties at extremely low prices I mean gated community properties you know large homes you know $100,000 uh and so that's an interesting place to look at not saying people should rush and move to Venezuela but could be a place to keep an eye on it's one that we are keeping an eye on with a growing team in Latin America we want to know when that's going to become worthwhile because if you're living in a gated community that's a little bit different uh AAS centes Guatemala City Mexico City I happen to disagree with we'll come back to that kataro is number five least livable so Mexico City is a place that we've talked about a lot I am a city's person I understand everyone wants to live in a big city I understand people talk about air pollution in Mexico City uh perhaps that's just something I'm a little wired to overlook I don't uh I don't know uh I've been to India and I can't say the air pollution terribly bothered me I've been to China I can't say it terribly bothered me maybe there's something wrong with me but to me Mexico City and again I'm talking the perspective of a nomad capitalist you have a a high income or you have a high net worth you've got Endless Options you've got great service you've got a service culture it's like if not a 24-hour City pretty close to it at a time when even places like New York are not really 24-hour cities anymore I mean if you're walking around at 4:00 a. m. in Mexico City there's hustle there's bustle people are setting up they're selling things to me that's the kind of life I want to have I want some excitement uh maybe not every day but you have that opportunity in Mexico City you have beautiful Parks beautiful museums The Economist list is they talk about stability Health Care culture and environment education and infrastructure Mexico to me and a lot of Americans a lot of Canadians a lot of people from all over the Western world have moved to Mexico because it was one of the most open places during the pandemic is it the most stable I guess not and yet I've never seen it affect my life Healthcare I've got decent healthare in Mexico number one the doctors still come to your house I've gotten simple treatments I've gotten more advanced uh treatments done in Mexico I think the doctors quite frankly are you know not bad you don't have maybe some of the luxurious environments that you'd have in a Singapore or Malaysia at the hospital but I've never found it to bad have bad health care for me part of good health care is the doctors actually care and I felt a lot more of that in Mexico than where I'm from in the US culture I think that's one thing Latin America is not lack in in education and infrastructure I suppose infrastructure in a place like Mexico City isn't as good and yet I don't know that I've ever had a problem getting around and if you're a nomad capitalist you're probably not sending your kids to the public schools anywhere you move and so I think there's plenty of decent educational opportunities homeschooling is allowed so anyway pushing back on some of the stuff in the region in general but particularly in Mexico City because I think it's a good place so bonus areas came in 82.
8 karacas uh bring up the rear at 47 kind of in the midle midd Bata where I spent a little bit of time 61. 2 again uh I I'm sure some of the things The Economist is looking at is there's no metro line in Bogota they've been proposing that I guess for for a long time they have the trans Millennial they have the bus line are you taking the bus are you taking the subway this is not to be an elitist this is to say that some of these things are looking at how you kind of a cross-section of life for the average person and that may not apply to you when I'm in bogat I keep I walk around my own neighborhood I keep my phone in my pocket I put my watch you know under my sweater but I still carry nice stuff around and you know I just go about my life walking around my neighborhood there's beautiful shops there's beautiful restaurants people are in a good mood to me that's livability you know some of these places in Latin America indeed are not the safest statistically and yet you know in Mexico City uh as an example I don't know that that's an issue for you in your daily life Panama City again kind of boring and not that cheap by the way thanks to the 68. 6 San Jose in Costa Rica who the who the hell is living in San Jose 73 73.
6 that City's a dump I mean Costa Rica itself beautiful country great place to be San Jose my goodness Guatemala City don't really have any experience there here's my biggest issue is and they actually rank San ju at different numbers they show it at 78. 8 and 74.
