Why Buenos Aires is an attractive designation for retirees
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Buenos Aires, the capital of Argentina, is a vibrant and cosmopolitan city known for its European charm, rich cultural heritage, and thriving arts scene. With its sunny climate, affordable cost of living, and welcoming people, Buenos Aires has become a popular destination for retirees looking to spend their golden years in an exciting and stimulating environment.
This article will explore the many attractions that make Buenos Aires an ideal retirement place.
Culture and Entertainment
Buenos Aires is a city that truly never sleeps. There’s always something going on, from music and dance performances to art exhibitions, theatre productions, and film screenings. The city is home to numerous cultural institutions, including the Teatro Colon, one of the world’s most renowned opera houses, and the Museum of Latin American Art, which showcases some of the region’s most innovative and influential artists.
One of the city’s most distinctive features is its tango culture. This sensual dance has been a cornerstone of Argentinean culture for over a century and is essential to the city’s nightlife. Buenos Aires is filled with tango clubs and milongas, where locals and visitors alike can dance the night away to live music.
Another aspect of Buenos Aires’ entertainment scene is its vibrant gastronomy. The city’s cuisine is a fusion of Spanish, Italian, and indigenous flavours, focusing on grilled meats, empanadas, and wine. The city has a thriving restaurant scene, with a wide range of dining options to suit every palate and budget.
Cost of Living
One of the significant advantages of retiring in Buenos Aires is its affordability. The cost of living in the city is significantly lower than in many other major cities around the world, including other South American capitals such as Rio de Janeiro and Sao Paulo.
Housing is one of the most significant expenses for retirees, and Buenos Aires offers a range of affordable options. Many retirees live in the city’s central neighbourhoods, such as Recoleta or Palermo, where they can find reasonably priced spacious apartments or houses.
Transportation is also affordable, with a reliable subway system and extensive bus network. Buenos Aires is also a very walkable city, with many attractions and amenities within easy reach.
Argentina’s universal healthcare system provides free medical care to all citizens, including retirees. Buenos Aires is home to some of the country’s top hospitals and medical facilities, including the Hospital Italiano and the Hospital Aleman.
Private healthcare is also available at reasonable prices, and many ex-pats choose to take out health insurance to supplement their coverage.
Buenos Aires has a temperate climate with hot summers and mild winters. The city is known for its long, sunny days and clear blue skies. The mild winters mean that retirees can enjoy outdoor activities year-round, such as walks in the city’s many parks or visits to the nearby Rio de la Plata.
Buenos Aires is generally a safe city, with a low crime rate compared to other major cities in the region. The city has a visible police presence, and many neighbourhoods are well-lit and patrolled.
However, like any city, Buenos Aires does have its share of crime, and retirees should take precautions to ensure their safety. This includes being aware of their surroundings, avoiding poorly lit areas at night, and not carrying large amounts of cash or expensive jewellery.
Buenos Aires is a welcoming city home to a vibrant ex-pat community. Many retirees live in areas with a high concentration of ex-pats, such as Palermo Hollywood or San Telmo, where they can find support and camaraderie.
The city also offers a range of activities and events specifically for retirees, such as language classes, dance lessons, and book clubs. These activities provide the spice of life to any older person.
Contact the Gateway to South America team to learn about the best investment opportunities in the region. The company is a benchmark for foreign investors wishing to invest in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay, providing expert advice on property acquisition and investment tours.
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Post available in: English