Destinations

Mexico Permanent Resident (Residente Permanente) — $5,000 USD/month income OR $200,000 USD savings, Indefinite (lifetime PR) validity, Mexican resident if 183+ days OR if main home in Mexico; progressive 1.92-35%.

Peru Rentista Visa — $1,000 USD/month passive income, 1-year residence renewable; PR after 3 years validity, Peruvian resident if 183+ days; foreign source taxable but with credits.

Guatemala Rentista Residency — $1,250 USD/month for 5 years documentable, Temporary 2 years, permanent after 5 validity, Territorial — foreign income exempt.

Belize Qualified Retired Persons (QRP) Program — $2,000 USD/month from approved source (pension, annuity, investment income), Annual renewal; lifetime tax + duty exemption while QRP validity, Zero tax on QRP foreign income; duty-free import of personal goods + 1 vehicle.

Uruguay Residencia Legal — No formal income minimum — must show sufficient means (commonly $1,500+/month), Permanent residency from grant (initial ‘residente legal’) validity, 11 years tax-free on foreign income under tax holiday for new residents.

Chile Temporary Residence Visa (Sujeción a Contrato or Pensioner) — No fixed amount — must demonstrate sufficient means, 1 year (renewable), PR after 2 years validity, Chilean resident if 183+ days/yr or 6 months/2 yrs; progressive 0-40%.

Paraguay Rentista Permanent Residency — $1,500 USD/month passive income OR fixed deposit ~$5,500 at BCP/Banco Itaú, Permanent residence from grant (no renewals) validity, Territorial — foreign income NOT taxed by Paraguay.

Ecuador Pensioner Visa (Jubilado) — 3x Ecuadorian minimum wage (~$1,425 USD/month), 2 years initial, renewable; PR after 21 months continuous validity, Ecuadorian resident if 183+ days; world income taxed but foreign tax credits applied.

Panama Pensionado Visa — $1,000 USD/month lifetime pension (+ $250/dependent), Indefinite (no renewal required) validity, Territorial — foreign income NOT taxed by Panama.

Costa Rica Rentista Residency — $2,500 USD/month for 2 years (= $60,000 USD bank deposit), 2 years (renewable); PR after 3 years; citizenship after 7 validity, Costa Rican tax only on Costa Rican-source income (territorial); no tax on foreign income.

Colombia Migrante (M) Retirement / Pension Visa — 3x Colombian minimum wage (~$1,000 USD/month) — among the lowest globally, 3 years (renewable), PR after 5 years validity, Colombian resident if 183+ days; progressive 0-39%.

Argentina Rentista Visa — $2,000 USD/month passive income (or equivalent ARS), 1 year renewable; PR after 3 years; citizenship after 2 years (one of world’s fastest) validity, Argentine tax residency triggered at 12+ months; 27% top rate but inflation-related complications.