The growth of Latin America as a destination for foreign retirees.
Several Latin American countries offer incentives to encourage foreigners -- particularly from the United States -- to retire there. While this is still a relatively small-scale phenomenon, it has been growing over recent years and has a significant economic impact in areas where retirees are concentrated.
- Latin American countries offer increasingly generous incentives to encourage retirees to settle there.
- Any increase in political instability in destination countries would stem the flow of retirees quickly and dramatically.
- Cultural and language barriers will be a major deterrent despite the growth of retirement communities.