Argentina - Life now after President Milei elected
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- เผยแพร่เมื่อ 26 มิ.ย. 2024
- This is Argentina May 2024. Real info, real life from living there. If you’re thinking of retiring in Argentina, you’ll want to see this.
00:00 Hellos and shout outs
1:39 What’s on this video?
3:14 Exchanging dollars for pesos correctly
4:29 The New President’s policies
7:24 Safety in Boca?
8:55 What locals think of changes
10:57 Prices now
11:33 Two different pricing?
13:28 Mendoza costs?
14:47 Bye - แนวปฏิบัติและการใช้ชีวิต
Guys, thanks for the video. For the record I am a 71 year old retiree living in Colombia. I have been traveling to Argentina since 1992. I love the country and the only reason I do not live there was the terrible governments since the year 2000. I would love for things to change and move there. I have been following Javier Milei for about three years now. I am a libertarian and once I heard Milei speak, I was hooked. I watch Argentinian news shows every day because I was rooting for the change in Argentina and I was learning about real economics. I wanted to correct a couple of things that your friend from Mendoza said. Regarding police, the police in Mendoza, Buenos Aires or any province or city is not a Federal police. It is local. The police in Mendoza is local city and or Mendoza province police and in Buenos Aires it is the city police. Therefore Milei has nothing to do with local policing. However it should be noted that both the governments of the province of Mendoza and the city of Buenos Aires voted for Miley. He won in both regions. Also the new governments in Mendoza province and in Buenos Aires are doing better things than their predecessors. There is indeed an effort by the national government to tackle the crime and safety issue. Secondly, things will be more expensive in dollars, because there is no longer a large difference between the official dollar and the blue dollar. This is what is referred to as the “cepo”. Additionally with lower inflation, it was 8.8% in April, prices will be lower for locals and not as cheap anymore for visitors. I can go on forever on the things that are going on right now. The next few months will be a period of change and it will be impossible to get a sense for the real prices for everyone. The main thing is that change is happening, but there will be suffering for the rest of the year. There is a recession going on now also. You cannot undo 20 plus years of economic disasters in a short amount of time. But, there is hope. The polling on Milei’s government is showing anywhere from 52 to 56%. People are willing to sacrifice in order to get real change.
Thank you for all the specific info. Really helps out. The change won't be super quick. I remember when interest rates in the US was running around19% during the Carter years. It took Reagan's turnaround about 2.5 - 3 years to drop inflation down to normal prices again and finally start the boom of the 80's and raise everyone up. But that 2.5 years were tough for many.
@@laptopseniors Glad to assist. I follow what goes on there every day. Looks like my wife and I are looking in the same places. We both are interested in Panama and Argentina and we have glanced at Uruguay. We live in Colombia. My wife is Colombian, we met in the US. However we are bot disillusioned with what is going on in Colombia. The new President is trying to destroy the country.
Hi. i m from Argenina Buenos Aires. and it is exactly as you indicate. change is happening. and like all change it takes TIME. the change here must be produced from the cultural point of view. We come from many years of decadence and bad management. Let's hope this time it will be different, the country is Beautiful. have a good day people!
@@wolfgangkruger1725 - YES, he is.
@@laptopseniors,
I vividly recall Jimmy Carter interest rates. I jumped for joy when I was approved for an 18% V.A. Home Mortgage in 1983.
It should be noted that recently, the IMF warned the Biden-Harris administration to get control of it's exorbitant spending. But, Biden-Harris will just get CONgress to print billions more worthless fiat dollars...
Writing to y'all from Centro, Merida, Yucatan, México!!!
-El Nomad Hobo
I have been waiting for this kind of info for a long time. Thank you for this!
Glad it was helpful! 😊
These kinds of videos are very helpful since things are changing so fast
We’re doing our best to keep new information coming. Thanks for watching.
I'm interested in stress FREE retirement, just the rumor that tourists pay double is enough for me to say pss off.
Lots of countries do this. And if you end up living there, you'd end up being that local.
@@laptopseniorsyou will never be a local in Asia unless you look Asian. We went to Argentina in 2018 for 6 weeks. I found it relative cheap and safe
We also went Uruguay . Liked it there but expensive . The prices as Canada. Loved Santiago Chile. But the cheapest place for us was Argentina .
Loved to explore Patagonia but due to age and health reason not doable.
@@EvelinHolmes Makes sense. In Argentina and UY it's easy to 'blend' in because we look like a local depending on how you dress....and don't talk : ). In Asia, that'd be impossible.
The big reason people go to visit and live is because it's cheap. Take that away and you get what you get(or don't get any more).
@@infiad1275 Argentina will be cheap for a long time, even if things get considerably better there. Plus it's hands down one of the most spectacular countries (and cities - Buenos Aires/Mendoza) of the world. Huge amount of culture and things to do, even if you're broke.
Hi Laptop Seniors! Thank you for the information on Argentina. Keep safe. Hugs
You’re so welcome. 😊
Argentina was "cheap" because through controlled exchange rates and subsidies it was being kept isolated from the world. What Milei is doing is breaking all that up and hooking the Argentinian economy back to the global economy, so currencies can flow freely in and out. That means that eventually the price levels in Argentina will have to come closer to the global price levels, and Argentina being a very low productivity country means that prices will be high (for foreigners) and REALLY high for locals. If 4 years of being open and in tune with the rest of the world is sufficient to create enough confidence to attract foreign capital is anybody's guess. If yes, then Argentina will quickly have an economy and price levels (and living standards) similar to its neighbors Chile and Uruguay. If not, then people will lose confidence in the model and the Peronists return (and bring back capital controls, subsidies, etc.). I think Argentina lives or dies in the next 2.5 to 3 years, depending on how much foreign investment comes in, and how much free trade can happen over that period.
Very well said! Thanks for watching and sharing. Hope you stick with us 😊
Great video. Real actionable information
We appreciate that! Thanks for for watching. 😊
Hola amigos son bienvenidos ! ☺ 🌺
Excellent and thank you.
Our pleasure!
Another excellent video! Looking forward to more Argentina content
More to come! Thanks Alexander 😊
Thank you guys for your inspiring reports
Thank you for following us. There’s more to come. 😊
Amazing couple and Amazing information 🎉
Thank you for this
Our pleasure!
En Argentina la gente no puede sostener precios y tarifas de cosas escenciales.
SEAN REALISTAS.....NO MIENTAN....PONGANSE EN LA PIEL DEL PUEBLO ARGENTINO....EL GOBIERNO DE MILEI ES UN DESASTRE PARA LA GENTE COMÚN.
Puede que tengas 100% razón. En este momento es demasiado pronto para decirlo, pero si la continua caída de las tasas de inflación es un indicador, Argentina puede estar en excelente forma para estas fechas el próximo año. Si eso sucede, sería un milagro económico. La única respuesta absolutamente correcta a lo que está pasando ahora es que "sólo el tiempo lo dirá".
GIVE ME MY FREE LUNCH, suckers! Yeah. That will “work” until it doesn’t.
Thank you, I really would like to visit probably next year.
You should!
I have had to do with Argentina for more than 40 years. The current situation makes me think of the beginning of the Menem years (1990's). Meaning you can't predict what will happen. Information is mostly ideologically biased. Middle class people will tell you one story, lower class people will tell you another and upper class people always tell the same story (Argentina would be a great power if it wasn't for the lazy workers). I would take information month by month and not look any further for the next 2,5 to 3 years. (Argentina is a great country with great people, I love them and I wish them the very, very best!))
Thanks for watching. 😊 and sharing such a smart observation. We are doing our best to share updated news pertinent to retirees.
Wow Argentina sounds very expensive now! $700-800 rent outside of Mendoza (which is supposed to be alot cheaper) and $1000-$1200 within the city there. Of course coming from the US it would seem cheap - but if you've been living in Latin America for a while - not that cheap. Very surprised at this pricing.
Someone commented below that they're in Mendoza with a great 2 bedroom and pay $600. Mendoza is a major city. Probably 1.5 million. So $600 a month is pretty good compared to N. America.
@@laptopseniors was planning to retire there on $1600 US.
Now I'm looking somewhere else.
@@wolfthequarrelsome504 I live on 600 USD a month. I live in San Rafael, Mendoza Province. You can rent a house here for $250-300 USD a month.
Argentinian here. Inflation keeps going down, with some prices following suit. Increased security, like he said. On the other hand, utilities are going up and massive layoffs might bring about issues in the future.
Argentinian here, too. Massive layoffs are only to public employees, most of them cashed out the salary without going to work, or fantasy, crazy jobs, like 12 people to be doormen of a public building, and so on. Private sector jobs continue at the same volume, expecting to grow in 2025
Hi. Thanks for your comment. A lot of the job losses were from thinning the bureaucracy. Let’s see together how things settle.
Thanks, good to know how Argentinians are charging tourists more. It sounds like a rip off. I guess I won’t go there and will go to Europe instead.
Europe sucks now.
I have lived here 10 years, in one of the most popular tourist destinations for argenines and I have never seen this!
Not really, it’s still lower cost than the US.
We were in Buenos Aires for 2 wks in March and as tourist, we felt we didn’t get those great deals we thought we’d get before we left Canada. Private car tour', Tango Show and restaurants costs more than what a local would pay..You can’t do much about it if they know you’re a foreigner.
Makes sense. You appear to have done (understandably) mainly tourist things. One good way, at least in restaurants is try to speak enough Spanish to get to the menu. Then the prices will be the prices. You wouldn't need much. Walking in with 2 fingers up as someone walks over to seat you, and saying "Dos". Then as soon as you're seated ask for the menu. "El menú, por favor. Gracias." From then on...the prices should be better unless you're in a high tourist area or restaurant. At least that's what we do in most Spanish countries and it's fine.
Oh yeah, I'm a new subscriber. 👍
Welcome aboard!
Rents in Mendoza aren't that high. I think he's mistaken. I'm paying about 600 dollars a month for a modern two-bedroom airbnb apartment in the most exclusive part of the city. Off airbnb with a one-year lease, it would probably come to about 400. It's not a very exciting or interesting city, however, and it definitely does have a crime problem - armed street muggings are common based on what the locals tell me.
Thanks for clarifying. Perhaps his cousin has a really big or really nice apartment. Or both.
@@laptopseniorsPossibly. Very few people here pay 700-800 for a two-bedroom apartment. That's on the expensive side even on Airbnb, at least currently.
Holy sh!
Thanks..
Great video. I did not know Argentina economy was that bad and they charged the tourist triple the price. I am glad the new President is changing the economy for the better.
That is unusual. I have lived here 10 years and never seen that.
Yes, thanks for watching and commenting. The media does not share the whole story internationally. We’re providing a Birds Eye view.
New to channel love content, so u guys staying in Argentina?
Thank you for asking all these questions about Argentina from someone who is originally from there and who has traveled home recently. I would suspect that things will continue to improve economically there with time. As for paying more as a visiting tourist I am not surprised, but if you become a resident I would guess that you will be charged the same price as locals when people get to know you. This was my experience when I spent 3 years residing in Mexico City.
I'd say you're correct. Especially if you meet some locals, make friends, and then go to dinner etc with them. But just frequent a place for weeks on end will let them know you're a local.
Hi David. Thanks for your comment. We can’t wait to see how the dust settles there. 😊
In March I bought 2 acres of land in Mendoza in aforable price. This week we stared the construction of the house. My plan is moving next year to stard enjoy my golden years.I use Western Union.
Wow, good for you. You must be a wine lover.
Thanks guys... It certainly sounds like accommodations and food costs are way up. I usually compare to Thailand prices since I know those well, and it now sounds more expensive than Thailand where deals on accommodations are still fantastic- at least in the off season.
Yep, SE Asia is overall cheaper than Latin America, and much safer.
It really depends if you stay in BA or go to the real argentina. 2500 pesos for a coffee is actually high.
Hi Steve. Thanks for your comment. Thailand seems hard to beat.
Argentina Will be great in a few months...
lol
It may take a little longer, lol. Thanks for your comment.
I zoom with an argentinan Spanish teacher. She tells me he has cut pensions for the elderly and cut a school meal program and that people are hungry.
I'm sure it's got to be really hard for a lot of the people in the country during this transition to try to right its economy.
That teacher is probably a left wing fan who supports all the governments that ruined the country to the current state....take that with a pinch of salt....what the new government is doing is what the country needed it desperately.....to fix the economic huge imbalances that brought the country to bankruptcy.....the medicine is hard...but they are fixing things much faster and successfully than everyone anticipated....so things will start to look good soon....hopefully
Is your Argentinian tutor pretty good? If so would you consider recommending her/him?
It would be nice to have a local teacher since theirs nuances to that country.
Great video, really. Thank you both. We are moving (from Panamá City!) to Argentina within a few months. So, looking forward to your next video. Take care. Greetings from Bella Vista ;)
Why are you leaving Panama?
@@enddayswakeupyisrael Hi, Well, because for example, we need four season climate. We literally get sick (kids) of this airco-life style in the City. We have two very young children that need outside life: running, playing, climbing, etc. Plus we need more possibilities for weekend trips, outings, vacations outside, not too hit beaches, etc. Argentina has it all. The European culture is also very attractive, plus the fact that Argentina is the pioneering country that actually transforming from socialistic-crony (failing and stealing) economy to a real liberal economy and society. We hope (no guarantee) that Milei et al succeed. That transformation process is fascinating to me and we take the bet that Argentina will slowly become a economical and cultural powerhouse again in this part of the world. We truly love the Panamanians, also Volcan in Chiriquí and to certain extent we love Panama City too. But Argentina is too much attractive for above reasons and necessary for our health, despite the (temporary?) cash obstacles we will face in Argentina. That’s why! :))
Thanks for watching and your greetings from Bella Vista. 😊 The heat would be too much for me too. In Panama a higher elevation would be welcome. Hope you’re happy in Argentina… great opportunities going now.
@@laptopseniors Thanks. Yes, I foresee Milei succeeding in his reforms. With that he and Argentina will be freer and on its way to new prosperity and wealth. They will be the enlightening example for many deteriorating Western countries. - My wife, the children and me need a (cooler) four season climate where we can run and play and bike outside and we need more possibilities for weekend trips and vacations. Argentina has it all. Mid august te aim to go for an exploring vacation. I will keep following you seniors’ channel. Best!
Thanks again, We are thinking about finding a farm or ranch out in the country west of BA...
Hi. Great plan 👍🏻 Thanks for your comment.
Loved this episode- thank you. I didn't understand the part about the debit card and Western Union. I am going in January for 2 - 3 months. Would the debit card be my New York debit card? My Capital One Venture card is designed for travel and doesn't charge fees for withdrawals.
Glad it was helpful! 😊 You would use your bank card not a credit card.
Can your friends tell us what it costs them to live in Argentina per month? Also, what cities they would recommend for people seeking a quiet place to retire.
We'll ask them in a couple weeks when they're visiting. It didn't come up for the upcoming video although they went fairly deeply into healthcare costs which of course everyone wants to know.
Thanks. I'm checking youtube daily looking for just this kind of information. I've trolled guide books and such regarding different Argentinian cities and towns hoping to sense a right fit for me. Cordoba seems like a good candidate. Thoughts? (differentSteve here)
Hot and humid, but vibrant as it is a lot of Universities. Also lots of lakes and near some mountains.
Hi. Thanks for your comment. We don’t know enough for a good answer but maybe other viewers will comment.
Thanks for this, always good to hear first hand information, but some things I don't understand..
He says Boca is safe, but you have to wear your back pack in front....
I only do that when I DON'T feel safe
Yes, you are right that it sounds contradictory. He was visiting with his family… 2 young daughters and being extra cautious.
Some of the answers are inaccurate. Healthcare for example is still free of charge if you go to the public system. Only in some provinces they are no longer taking in non residents for free.
Thanks for the info.
She was pretty even before the makeover.
I'm starting to think that central/south america is beginning to change for the better economically, it'll be interesting to see what happens there over the next 10-15 years.
Hi Lewis. Thanks for your comment. We can’t wait to see and will keep updating info here.
Wow ! $1000/month for an apartment in downtown Mendoza ?
We hoped to check out Mendoza, Salta, BA, Mar Del Plata, Bariloche, and Ushuaia….but it sounds like these days prices are way higher than prices in Peru, Ecuador, or Colombia…???
Not True, you can rent a house for under 400 dollars.
@@googleuser2520
It’s just my wife and I. We would just be looking for a small apartment downtown. Thanks
Hi. Yes there are better prices available. He was being general. Thanks for your comment.
Hola, buenos días. ¿Hablan uds. Español? Yo si porque yo he nacido en California y criado en Arizona y Nuevo México. Anyway I was wondering if you both speak Spanish or no? I do because I was born in California and raised in Arizona and New Mexico and I was around a lot of Mexicans and a few Spaniards and others from South America. I was thinking about maybe retiring to Argentina pero vamos a ver (we'll see)
True, they speak Spanish in Argentina. But the Spanish in Argentina is quite different from Mexican Spanish. The biggest difference is using 'vos' which is not used in Mexico.
Oh I forgot about vos ... Vosotros sois, vosotros son etc. I think even in Spain they gave that up. Argentina might be the very last country on earth to still use that. I've never had a problem speaking with anyone in the world who speaks Spanish, even those from Equatorial Guinea in Africa. Just some vocabulary and slang differences, the accents don't usually trip me up. However understanding someone from the Highlands in Scotland or parts of the US South Appalachians ... whew! 😂
@TroyKC It's just not Argentina, rather many countries in Latin America use 'vos'.
Hablamos un poco de español. Probablemente como un niño de 4 años, pero probablemente podamos leer al nivel de la escuela secundaria. Con la lectura tienes tiempo para traducir más lento. Deberías visitar Argentina para sentirla realmente.
Amazing Argentina.
Yes! Hi. Thanks for your comment.
A veritable *Mileise.*
Love you guys! I watch you often. I am moving again out of US. Deciding where to go. I am 71 and healthy and don't want to be alone. Panama top of my list. Did live in Argentina and liked it! Beautiful . And yes buying pesos on black market got old. Lived by Bariloche and almost no expats. Lonely. I am fluent in Spanish so I can live anywhere in Spanish speaking countries. Spain?
I live in Spain and are planning to move away. Spain is going downhill very fast, we have problems with unchecked and excessive illegal migration and the insane green policy that is driving prices up. Food choices and quality is horrible in Spain, meat is expensive and of poor quality. Good food is difficult to find as the EU is attacking the agriculture sector.
Not Spain. There is a revolt against tourists going on and the grinding non-stop socialism is making the country unliveable. Try Central Europe, instead. Few immigrants, and few free-loaders.
As an American, u can stay in UK for 6 months at a time, I lived in a beautiful coastal town with a micro climate and play Pickleball . The cost of living is cheap in my opinion compared to the states. You can rent a fully furnished 1 bedroom for 6 months from agent around my area for 1100p.m. Local buses are 2.50 a time for 1 way, restaurant about $13 per meal, some if u know is $6. Look up Hythe Kent or folkestone.
Thanks so much! We love you too. Great that you are fluent in Spanish. We have planned to interview our friends in Spain very soon. 😊
I just came from Cambodia. Two hundred two hundred and fifty dollars a month beautiful new apartment.
Wow. Great price. Thanks for your comment.
Thx for this. Milel is the only reason I watched your video. I avoid commie / socalist countries. I am trilled about being able to visit Argentina!!!
Just saw a headline that the inflation rate there just went under 10%. Massive considering in November it was around 180.
LOL... "She looks so young"..."Meh"
Sofa Night
She is gorgeous, a beautiful couple.
I’m blushing. Thanks ☺️
🇺🇸❤🇦🇷 Thank you for Messi and 🙏 for Milel
❤👍
Messi lives in Florida
Hi. Thanks for your comment.
Too many contradictions on price, Somebody's not telling the truth.I would never spend the money to go there,, Although I would like to very much. Just don't trust what i'm hearing.
Hi Jeff. He was speaking generalities. Better prices are always available if you are smart about your search. 😊
Don't pay those prices, Asia is much better, Vietnam thailand indonesia.
Thanks for your comment. 😊
Lies
Sorry you feel that way. These are the answers we continually keep getting from people who live in Argentina.
@@laptopseniors Perhaps you should think because it is so.
@@laptopseniors You should think why it is so.
YOU are a funny little man.
It's just a particular look.
I don't know how the new government's policies will develop.
It's a stereotype that people who receive "social plans" are lazy.
This government wants to stop everything from being free (health, education and culture), but it takes away rights in exchange for a supposed improvement. I think they should first give concrete opportunities and then make it free.
The government is not stopping any free health or education or culture stuff....don't lie...what the government is doing is trying to stop the enormous amount of corruption through which the previous governments and its cronies looted the country and brought it to the ruinous state of today...
One would think (or at least hope) that this is temporary while they sort out what was actually needed and what was lost to corruption. At least that's the answers/thoughts/assumptions that we keep getting from people there. Our guess is that they're thinking of the country like someone would think of their home and family. If you're out of money, the first thing you'd cut back on is non-essentials for life. Like culture, movies, entertainment, sports tickets etc). Health even comes up a lot in the states due to it not being free. So if it's not serious, they skip the doctor for a while till they have money. Not ideal, but necessary.
As a policy, government subsidized programs where costs are shared between people & government are much better than "free", because market forces can continue to work within the economy....keeping things more self adjusting rather than at policy whim of government,
When it is free there is abuse that come with it. Make people pay and they think twice before using it, human nature.