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Brazil ranks closest in terms of cost of living in the world

Brazil is the largest country in South America and offers ample opportunities for travel and the range of living opportunities you would expect from such a large and diverse country. There are the jungles of the Amazon rainforest, the high plains of the pampas around Brasilia, and of course the world famous beaches, plus a lot more. The scope of the landscape is enormous. Brazilians are world-renowned for their hospitality and friendliness, and they welcome foreigners without hesitation. Rio de Janeiro is known for its beaches, parties, nightlife, and the biggest party in the world, Carnival.

Brazil is fun and interesting and welcomes everyone warmly. So you might expect it to be an expensive place to live. Not. São Paulo and Rio de Janeiro in Brazil are among the cheapest cities in the world to live in, according to a study by British consultancy The Economist Intelligence Unit (EIU).

It is often said in Brazil: “You either have a housekeeper or you are a housekeeper.” Even middle-class working families usually have a maid or housekeeper in Brazil.

You can retire in Brazil. There is a retirement visa available, but to be eligible for it, you must have proof of an income of at least $2,000 per month (plus an additional amount for dependents). There is also an investment class, as well as other ways to become a permanent resident of Brazil.

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