Equalling, or perhaps even eclipsing the appeal of Europe and Asia, South America has emerged as one of the most fashionable destinations for digital nomads worldwide.
In high demand due to its warm hospitality, tropical weather, and welcoming attitude toward outsiders, the region is experiencing a substantial rise in the adoption of remote work practices as an increasing number of digital nomads relocate to the South American countries, whether it’s for a temporary period or on a more permanent basis.
While there are plenty of fantastic destinations to choose from, ranging from Colombia’s tropical Caribbean coastline to the lesser-known Northeast of Brazil, there’s one that’s been grabbing headlines recently due to its accessibility and affordable cost of living.
The Nomad Capital Of South America
Argentina holds the unofficial title of the digital nomad capital of South America, with Buenos Aires currently ranked as the top destination in the region for this category, as confirmed by the resume-builder website Resume.io.
As the company points out, no other South American destination, excluding bots, has generated as much engagement under the ‘digital nomad’ hashtag as Buenos Aires, Argentina specifically has.
Digital nomads, who are expats working remotely from foreign countries, tend to form a closely-knit community. They often share their experiences of working as foreigners abroad on their social media profiles, which helps researchers gauge the concentration of digital nomads in particular areas.
While they are becoming increasingly receptive to digital nomadism, several national governments still do not comprehensively monitor digital nomad trends. Consequently, we often rely on rough estimates derived from geotags on social networks like Instagram and TikTok.
Nonetheless, Buenos Aires, along with Argentina as a whole, has climbed to the top spot in this year’s rankings, surpassing last year’s position.
Buenos Aires For The Win
Buenos Aires has become a magnet for a multitude of extended visitors, thanks to its flourishing co-working culture. The city boasts a wealth of work-conducive cafes, eateries, and co-working spaces, all equipped with fast and dependable WiFi.
The growth in the city’s expatriate community, driven by their increasing needs, has played a significant role. To meet the demands and transform into a nomad-friendly hub, Argentina has undergone modernization and expanded pathways for those interested in residing temporarily. Additionally, the country’s thriving startup environment has contributed to this phenomenon.
Dubbed the ‘Paris of the South’ for its exquisite European-inspired architecture, Buenos Aires stands as one of South America’s economic powerhouses. It is a hub for a multitude of startup initiatives and offers a vibrant and dynamic setting that greatly appeals to young nomads and entrepreneurs.
Argentina Is Incredibly Safe
When Americans decide to relocate abroad, their choice of destination is often influenced by factors such as the local infrastructure, the size of the expat community, which aids integration and fosters a sense of belonging, and above all, safety.
In this regard, Argentina has recently achieved a Level 1 certification from U.S. authorities. This places the country in the same category as renowned, traditionally secure European destinations like Iceland, Finland, Croatia, and others in terms of security levels.
For instance, Buenos Aires is a vast city with a population of over 15 million. However, its crime rates are notably lower than many of its counterparts in the broader Mercosur and Mercosur-associated region. This includes cities like Rio in Brazil and Medellin in Colombia, both of which are grappling with surging violence.
Traveling to or settling in Argentina, Americans are not even encouraged to exercise ‘increased caution’ when visiting. This isn’t to suggest that crime is entirely absent: Argentina is a developing country with the typical challenges of the developing world. You should still steer clear of rundown areas in the suburbs and be cautious of pickpockets. However, you don’t need to maintain an exceptionally high level of situational awareness while strolling in central Buenos Aires, as you might in, for instance, central Medellin.
The Second Cheapest Digital Nomad Destination
Furthermore, digital nomads are increasingly drawn to Argentina due to its remarkably affordable cost of living. This allows them to make the most of their earnings and enjoy a comfortable lifestyle while spending less.
The current state of the peso is quite challenging, with exchange rates at historic lows against the dollar. With just a couple of thousand dollars, you can likely manage well or even live comfortably in various Argentine cities, such as Cordoba, La Plata, and Mendoza.
While Buenos Aires is relatively pricier, the cost of living is still significantly lower than the U.S. average. According to NomadList, an average of US$1776 per month is sufficient to support remote living and work in the capital.
When it comes to affordability for digital nomads, Argentina is the second least expensive destination globally, with only Sri Lanka surpassing it in terms of cost-effectiveness.
Digital Nomad Visa That’s Easy To Apply For
Additionally, Argentina has introduced its own Digital Nomad Visa, simplifying the process for nomads to establish a residency in the country without the need for complex visa runs or breaching immigration regulations.
To be eligible for this visa, nomads must demonstrate a monthly income of at least $2,500 and confirm that their income comes from a foreign company not located in Argentina or similar entrepreneurial ventures meeting the same requirements.
Given that the typical nomad’s earnings often fall within the $2,000 to $3,000 range per month, Argentina emerges as one of the most straightforward and accessible options for remote work.
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