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Simeon Mitropolitski

Simeon Mitropolitski is a Canadian analyst, of Bulgarian origin, and a former syndicated columnist with the Bulgarian News Agency (BTA). He is the author of several hundred articles dealing with hot political and economic topics, both national and international.

He was part of the first group of Bulgarian intellectuals and students that began the opposition movement that finally put an end to the communist regime in this country in 1989, and in 1996-1997 participated in international observation teams during the elections in several Balkan countries - Romania, Albania and Bulgaria.

In 2002 Simeon and his family moved from Bulgaria to Canada where they live now in Montreal, province of Quebec. Simeon is a Master of Political Science from McGill University and a B.A. of Political Science and History.

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23 October 2003

Latin/Central America: Immigration Picture

© 2003, IRED.Com, Inc., Simeon Mitropolitski

So far we looked at Latin and Central America from economic and political perspective. How stable, free and corrupt the political regimes are, how rich (poor) the societies are in this region, how fair the wealth is distributed. Now the time has come to compare these countries from another angle - how easy for us is to settle there, how easy (difficult) is to get permanent residency (PR) and to start new life. Then, separating the easiest cases, we'll again look at their political and economic images to taking out the best cases for immigration.

The countries in the region can be roughly equally divided on those where immigration is easier or more difficult. Of course the line between two groups is very thin and putting it at one of another financial level lies entirely on our own discretion. We may assume that the first group is composed of countries, where it's possible to obtain PR permit based on at least one of the following criteria: to make little investment in the national economy (less than $50,000), to apply for a special state program for foreigners with constant foreign incomes (less than $1,000 per month), or just to buy a residence. In this group we can include Anguilla, Antigua & Barbuda, Barbados, British Virgin Islands, Costa Rica, El Salvador, Guatemala, Nicaragua, Panama, Bolivia, Chile, Ecuador, Paraguay, Peru, and Venezuela.

The other group of countries, which are more difficult for immigration, the PR can be obtained with more substantial investment (more than 50,000) or with higher foreign income. This group includes Bahamas, Dominica, Dominican Republic, Grenada, Honduras, Mexico, Jamaica, Netherlands Antilles, St. Kits and Nevis, St. Vincent and The Grenadines, Turks & Caicos Islands, Argentina, Brazil, Colombia, and Uruguay.

Now after discovering where is easier to immigrate, let's see what is the political and economic situation about in these easy-to-go countries?

Earlier, we measured political situation using two criteria - freedom and transparency. Only Chile among the countries, which are easy to settle down, scores high on both criteria. The rest of the group although scoring high on freedom, falls behind on transparency. In the economic domain we measured the countries according to their GDP per capita and the GINI index of wealth distribution. Chile and Costa Rica score high on the first criterion, Costa Rica and Panama are better positioned on the second.

To summon up, all four criteria taken together, plus the easiness of immigration, Chile and Costa Rica score high on three of them; Panama on two. These are perhaps the countries south of Rio Grande where it's worth looking first when we decide to immigrate.

Latin America:
Latin America: Political perspective
Latin America - Economic picture

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See also the directory of companies providing real estate services in, and general real estate information of South America and Central America.

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