Is it expensive to live in Bolivia?
A single person estimated monthly costs are 491$ (3,383Bs.) without rent. Cost of living in Bolivia is, on average, 50.03% lower than in United States. Rent in Bolivia is, on average, 73.59% lower than in United States.
Is Bolivia a good place to live?
Bolivia is poor, with a per-capita income of less than $6,000. But few of it’s people lack the basics like food, shelter, and access to education and healthcare. It is generally a very safe country, as there is very little violent crime.
How much do you need to retire in Bolivia?
It all adds up to a monthly budget of around $1,000 for a typical retired couple. I met a few retired women who were enjoying retirement at $500 per month. In Bolivia, you will be somewhat of a pioneer.
Can I buy a house in Bolivia?
Foreigners have the same rights as locals when it comes to buying real estate in Bolivia, there are no restrictions. Foreigners can own property in their own name here and you can obtain residence by owning property. There is no title insurance in Bolivia to be sure to do your homework before you pay any money.
How much does a house in Bolivia cost?
Residential properties in Bolivia are much cheaper than most parts of South America. One- to two-bedroom houses and condominiums are priced below US$50,000. On the other hand, larger houses with several bedrooms located in the city are sold below US$100,000.
How long can a US citizen stay in Bolivia?
With a visitor visa, you may stay 30 days per trip, not to exceed 90 days per year. A Bolivian visitor visa costs $160 US and can be paid in U.S. or local currency upon arrival. Visitors must show proof of a round-trip ticket, or confirmation of plans to depart Bolivia.
Is healthcare free in Bolivia?
Bolivia has become the latest Latin American country to introduce free healthcare to its poorest citizens. The new public healthcare system introduced by Ex-President Evo Morales has assisted at least 35,000 patients.
Is Bolivia a poor country?
Bolivia is the poorest country in South America. Although classified as middle income, it is at the very low end of the scale. … Still, Bolivia has one of the highest levels of extreme poverty in Latin America and the rate of poverty reduction has stagnated over the last few years.