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South America Relocation & Property Investment Guide

For Dynamic Devices Consultancy - Embedded Systems Development

Prepared for: Alex Lennon (age 51)
Business: Dynamic Devices (www.dynamicdevices.co.uk)
Date: January 2025


Overview

This guide provides comprehensive recommendations for purchasing land, building a home, and establishing a base in South America that supports:

  • Remote work for your embedded systems consultancy
  • Lower cost of living for retirement planning
  • Access to world-class diving opportunities (where applicable)
  • Easy travel connections to the UK for family visits
  • Warm climate and quality of life
  • Safety and security for expats

🗣️ Discussion Documents

For discussing with your friend:

Start here for easy discussion!


Document Structure

This guide is organized into the following sections:

Country Information

  • Brazil (Jundiaí/São Paulo) - ⭐ You're already here! Good safety, reasonable costs, friend connection
  • Paraguay - Lowest costs, no foreign income tax, friend's recommendation
  • Colombia - Best diving access, digital nomad friendly
  • Ecuador - Stability, US Dollar, established expat communities

Financial Planning

Practical Considerations

Planning & Next Steps

  • Action Plan - Step-by-step timeline, key questions, resources

Quick Comparison

Country Monthly Cost Work Hours/Week* Safety Rating GINI Index** Diving Access Tax on Foreign Income Current Location
Brazil (Jundiaí) $2,000 4 hrs ⭐⭐⭐⭐ Good 52.9 (High) ⚠️ Travel required ⚠️ Depends on residency You're here!
Paraguay $1,300 2.5 hrs ⭐⭐⭐⭐ Good 42.9 (Moderate) ❌ None (travel required) ✅ No tax
Colombia $2,200 4.5 hrs ⭐⭐⭐ Moderate 55.1 (Very High) ⭐⭐⭐ Excellent ⚠️ Depends on residency
Ecuador $2,500 5 hrs ⭐⭐ Moderate*** 45.8 (Moderate-High) ⭐⭐ Good ⚠️ Depends on residency

*At £100/hour rate
**GINI Index: Lower = more equal (0-100 scale). See Comparison Resources for details
***Security concerns in 2025 - research current situation


Key Insights

Work Hours Required

Even at conservative UK consultant rates (£75-120/hour), you'd only need to work 2-7 hours per week to support a comfortable lifestyle in South America.

Financial Advantage

Working as a digital nomad charging UK rates while living in South America creates significant financial leverage:

  • Paraguay: Save $114,000+/year working 20hrs/week
  • Colombia: Save $103,600+/year working 20hrs/week
  • Ecuador: Save $100,000+/year working 20hrs/week

Top Recommendations

If You Want to Stay Where You Are: Consider Brazil (Jundiaí)

  • You're already there - explore firsthand!
  • Friend connection provides local support
  • Good safety, reasonable costs
  • Test internet and lifestyle before deciding
  • Can always move later if needed

If Financial Security is #1 Priority: Choose Paraguay (Asunción)

  • Lowest costs
  • No foreign income tax
  • Maximum savings potential
  • Travel to Brazil/Argentina for diving trips

If Diving is #1 Priority: Choose Colombia (Cartagena/Santa Marta)

  • Best diving access
  • Affordable diving costs
  • Good work-life balance

If Stability is #1 Priority: Choose Ecuador (Manta/Cuenca)

  • US Dollar stability
  • Established communities
  • More predictable costs

Next Steps

  1. Answer key questions (see Action Plan)
  2. Review country-specific information in the countries folder
  3. Consult UK tax advisor (especially important for Paraguay tax advantage)
  4. Check current visa requirements (Colombia requires visa for UK citizens as of Nov 2024)
  5. Review UK Foreign Office travel advice for all three countries
  6. Plan exploratory trips (verify visa requirements first)
  7. Begin Spanish learning
  8. Join expat communities online

Important Notes

  • 2025 Context: This guide reflects information current as of January 2025. Always verify:

    • Current visa requirements
    • Security situation (especially Ecuador)
    • Latest travel advisories
    • Current costs and regulations
  • Safety First: Safety considerations are critical. See Safety & Security for detailed information.

  • Tax Advice: Consult a UK tax advisor specializing in expat taxation before making any decisions.


Document prepared: January 2025
Last updated: January 2025

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