{"id":36953,"date":"2017-08-22T01:49:12","date_gmt":"2017-08-22T05:49:12","guid":{"rendered":"https:\/\/www.escapeartist.com\/?p=36953"},"modified":"2021-01-04T11:23:34","modified_gmt":"2021-01-04T16:23:34","slug":"peru","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/peru\/","title":{"rendered":"Peru"},"content":{"rendered":"

Peru<\/strong><\/h2>\n

Bordered by Ecuador and Colombia in the North, Brazil in the east, Bolivia and Chile in the south, and the Pacific Ocean in the west\u2026 Peru is one of the most culturally and geographically diverse nations in the world. Pair this with incredible history, culture, and affordability, and you\u2019ll see why so many expats are choosing to live abroad in Peru<\/a><\/b>.<\/p>\n

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History<\/strong><\/h2>\n

If you\u2019re into history, Peru might be one of the most enticing countries in all of South America for you to live abroad in.<\/p>\n

The timeline of the land that modern Peru occupies dates as far back as 3200 BC, with the Norte Chico civilization in Caral<\/a>, but perhaps Peru\u2019s most famous era was that of the Inca Empire<\/a> from the 13th-16th centuries. At its height, the empire occupied what is now Peru, Ecuador, Bolivia, Argentina, and Chile.<\/p>\n

While the rest of the \u201cOld World\u201d outside of the Inca Empire was advancing in modernity and globalization, the Incas remained isolated in the Andes mountains, using inspired ingenuity to solve common human problems.<\/p>\n

As Inca scholar Gordon F. McEwan put it, \u201c[The Incas] lacked the use of wheeled vehicles. They lacked animals to ride and draft animals that could pull wagons or plows. They were expert metallurgists but lacked the knowledge of iron and steel, making do with bronze for their tools and implements. Above all, they lacked a system of writing, which was essential to the administration of European kingdoms and empires and for the transmission of knowledge and civilization. Despite these supposed handicaps, the Incas were still able to construct one of the greatest imperial states in human history.\u201d<\/p>\n

In the 1500s, the Spanish conquistadors arrived to forcefully occupy the land of Peru.<\/a> This led to a war with the Inca that lasted nearly a decade. While the Spanish had advanced military equipment and tactics, the Inca knew the land, had mountain fortresses and were physically adapted to handling the high altitudes and strenuous conditions.<\/p>\n

In the end, however, the Spanish were able to outlast the Incas, largely due to a foreign disease that they brought which the pure mountain immune systems of the Incas could not handle. The Spanish brought their language (both spoken and written), their culture, and modern technology\u2026 which combined with that of the Incas, created the distinct Peruvian culture of today.<\/p>\n

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Culture<\/strong><\/h2>\n

The unique mix of Andean and Spanish traditions in Peru has led to a beautifully rich and diverse culture. In the mountains there are still many Andean descendants, living in farming villages at high altitudes, sustaining themselves almost primarily on that which they can obtain themselves from the land.<\/p>\n

At the lower elevations and by the sea, there is a heavy Spanish influence, with more metropolitan cities, like Lima<\/a>, resembling many of the major world capitals. Despite the modernity, however, those looking to live in Peru will find shimmers of tradition all around them.<\/p>\n

Through the artwork, craftsmanship (beautiful woven clothing and accessories made from the prized Alpaca fur), song and dance in the streets, and the food (guinea pig, chicken stews,\u00a0choclo\u00a0<\/i>corn, and more than 4,000 types of potatoes native to the Andes), it is impossible to walk through any Peruvian city and not feel transported back to another age.<\/p>\n

For further information, check out this podcast from The Expat Money Show with Mikkel Thorup<\/a> – 110: How To Move To Ecuador Complete Master Class \u2013 Marcos Chiluisa<\/a><\/p>\n

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Residency<\/strong><\/b><\/h2>\n

For expats looking to\u00a0live abroad in Peru<\/a>, there are many advantageous methods for legally living, working, or retiring abroad.<\/p>\n

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Tourist Visa<\/strong><\/h3>\n

Received upon arrival in the country, good for 183 days. Once expired, tourists will need to leave the country and return to renew it. Cannot work on this visa.<\/p>\n

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Work Visa<\/strong><\/h3>\n

A work visa<\/a> is granted to any foreigner entering the country for the purposes, either independently or as an employee, of a lucrative endeavor that will benefit the national economy. Good for 183-365 days, depending on employment type, but can be renewed annually for the duration of employment.<\/p>\n

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Investor Visa<\/strong><\/h3>\n

A fast-tracked process for those capable of settling, developing, or managing single or multiple investments in Peru. The investment<\/a> must be valued at a minimum of $154,000 USD.<\/p>\n

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Retirement Visa<\/strong><\/h3>\n

The\u00a0Rentista Visa\u00a0<\/i>requires that applicants have a permanent $1000 monthly income while living in the country, plus $500 for each dependent application. Holders do not have to pay annual resident taxes, and they are exempt from Peruvian Income Tax. Retirees living abroad in Peru can also import possessions from home, tax, and duty-free.<\/p>\n

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Cost of Living<\/strong><\/h2>\n

A major highlight of living abroad in Peru is the low cost of living for North Americans and Europeans, making the quality of life and\u00a0investment opportunities <\/a>very attractive. At present, $1 USD equates to 3.24 Peruvian Sol, and this conversion rate also comes with a high purchasing power:<\/p>\n