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Living in Peru (or most latin American countries for that matter) is vastly different based on the location and standard of living you are looking for, so it is hard to answer your specific questions.

Living on a "premium" district in Lima (Miraflores, San Isidro) can cost you as much (or more depending on your expectations) as living in the US (Dallas TX for example) but you get similar services, amenities, security etc, as you would there too.

Living on more peripherial area of Lima or out on a further away province can be dramatically cheaper.

I know of expats that earn/spend $10k+ a month in Lima, live on a 300m2 luxury apartment , their kids go to top private schools and drive a luxury vehicle.

I also know expats that live in provinces fairly well for one tenth of that.

Peru at the moment is in a good moment of it history, it is fairly safe, and there are plenty of things to do/learn fairly inexpensively. All in all I consider it a great place and experience for the whole family.

I work remotely (IT), so no issues with work or work permits .



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