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Retiring in Bolivia | Expat Exchange
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Retire in Bolivia

By Betsy Burlingame

Last updated on Aug 03, 2023

Summary: Retirees are attracted to Bolivia for its low cost of living, diverse culture, and stunning natural beauty. The weather in Bolivia varies greatly depending on the region, but generally the climate is mild with temperatures ranging from the mid-50s to the mid-80s Fahrenheit.

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What is it like to retire in Bolivia?

"Life for a retiree in Bolivia and its surroundings can be quite enjoyable. There is an active expat community in the area, with many retirees from around the world living in Bolivia. There are plenty of cultural attractions to explore, such as the ancient ruins of Tiwanaku, the colonial city of Sucre, and the vibrant markets of La Paz. For recreation, retirees can enjoy the stunning landscapes of the Andes Mountains, the Amazon rainforest, and the salt flats of Uyuni. There is also plenty of nightlife to be found in the cities, with a variety of bars, restaurants, and clubs to choose from," said one retiree in living in Bolivia.

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William RussellWilliam Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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What are the most challenging aspects of retiring in Bolivia?

"One of the most challenging aspects of retiring in Bolivia is the language barrier. English is not widely spoken in Bolivia, so it can be difficult to communicate with locals and access services. Additionally, the cost of living in Bolivia is relatively low, but the quality of life may not be as high as in other countries. Healthcare is also a concern, as the quality of care may not be up to the standards of other countries. Finally, the political and economic situation in Bolivia can be unstable, making it difficult to plan for the future," explained a retiree in Bolivia.

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Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.

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What are the most rewarding aspects of retiring in Bolivia?

"Retiring in Bolivia offers a variety of rewarding experiences. The country is home to a diverse range of cultures, landscapes, and climates, making it an ideal destination for retirees looking to explore and experience something new. The cost of living is also much lower than in many other countries, allowing retirees to stretch their retirement savings further. Additionally, Bolivia is known for its friendly people and welcoming atmosphere, making it a great place to make new friends and build relationships. Finally, the country is home to a variety of outdoor activities, from hiking and biking to bird watching and fishing, making it a great place to stay active and enjoy the outdoors," said one retiree in Bolivia.

What are healthcare services like in Bolivia?

We asked retirees if they have access to good medical care in Bolivia. They wrote:

"Healthcare services in Bolivia are generally limited and of low quality. The country has a shortage of medical personnel and a lack of modern medical equipment. Access to healthcare is also limited due to the country's rural geography and poverty. The government has made efforts to improve healthcare services, such as providing free healthcare to children and pregnant women, but there is still much room for improvement," said a person in Bolivia.

How do I meet people in Bolivia?

When we asked people living in Bolivia about club and activities where newcomers can meet others, they responded:

"http://www.bolivia-online.net It is the most detailed online guide about Cochabamba with tourist information, photos of sights, places for volunteer work, lists of hotels, restaurants, bars, discos, cinema, language schools, rent a car, tour agencies, etc," explained a retiree in Cochabamba.

"Expats in Bolivia often join clubs and activities such as hiking, biking, and running groups, as well as language exchange groups and book clubs. Expats can also meet people by attending local events such as festivals, concerts, and art exhibitions. Additionally, many expats find it helpful to join online forums and social media groups related to their interests, as well as attending meetups and networking events," explained one retiree living in Bolivia.

What is life like in Bolivia?

When we asked people living in Bolivia what life is like and how people spend their time, they said:

"There is just few tourists but dozens of volunteers volunteering in the numerous social organisations," said one retiree in Cochabamba.

"Life for expats and digital nomads in Bolivia can be both rewarding and challenging. The country offers a unique cultural experience, with a diverse range of landscapes, from the high Andes mountains to the Amazon rainforest. Expats and digital nomads can find a variety of activities to enjoy, from exploring the vibrant cities to trekking in the countryside. The cost of living is relatively low, making it an attractive destination for those looking to stretch their budget. However, the language barrier can be a challenge, as Spanish is the primary language spoken in Bolivia. Additionally, the infrastructure and internet connectivity can be unreliable in some areas. Despite these challenges, expats and digital nomads can find a welcoming and vibrant community in Bolivia," commented one retiree living in Bolivia.

William Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

Learn MoreGet Quote

William Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

Learn MoreGet Quote

What do I need to know before retiring in Bolivia?

When we asked people what advice they would give someone preparing to move to Bolivia, they said:

"Be carefull at some parts of the city there can be pickpocket or armed robberies," said a retiree who moved to Cochabamba, Bolivia.

"Before retiring in Bolivia, expats should be aware of the country's language and culture. It is important to learn Spanish, as it is the official language of Bolivia. Additionally, expats should research the cost of living in the country, as it is generally lower than in other countries. It is also important to research the healthcare system in Bolivia, as it may not be as comprehensive as in other countries. Additionally, expats should be aware of the climate in Bolivia, as it can vary greatly depending on the region. Finally, expats should research the visa requirements for Bolivia, as they may need to obtain a visa in order to stay in the country for an extended period of time," said one retiree in Bolivia.

What type of recreational activities are there in Bolivia?

"In Bolivia, residents enjoy a variety of recreational facilities, such as parks, sports fields, and swimming pools. There are also many outdoor activities, such as hiking, camping, and mountain biking. For those who prefer indoor activities, there are bowling alleys, movie theaters, and arcades. Additionally, there are a variety of cultural activities, such as museums, art galleries, and music venues. Finally, Bolivia is home to many natural wonders, such as the Salar de Uyuni salt flats, the Madidi National Park, and the Yungas cloud forests, which offer a variety of recreational opportunities," said one member in Bolivia.

Where will I buy groceries and do other shopping in Bolivia?

"People living in Bolivia typically buy groceries and do other shopping at local markets, supermarkets, and convenience stores. Many people also shop at street vendors and small shops. Additionally, some people may purchase items from larger department stores or online retailers," said one retiree in living in Bolivia.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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Get a quote for international health insurance from our partner, William Russell.
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William RussellWilliam Russell

Get a quote for international health insurance from our partner, William Russell.
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