Latin America Plan B Roundup: Part I

Sovereign Confidential

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When it comes to building a serious Plan B, no region in the world checks as many boxes as Latin America. It’s close to North America, affordable, culturally accessible, legally flexible, and now—possibly on the verge of a more business-friendly political cycle.

That combination makes it hard to beat. Whether you’re after residency, citizenship, lifestyle, or investment opportunities, the region offers a plethora of options few other places can match.

In Part I of our Latin America Roundup, we dive into the following key countries:

  • Mexico – proximity and economic heft
  • Costa Rica – stability and lifestyle
  • Panama – back in Washington’s orbit and still a top residency hub
  • El Salvador – Now super-safe, and doubling down on its Bitcoin experiment
  • Honduras (Próspera) – bold but precarious
  • Dominican Republic – an underrated standout
  • Colombia – at a political crossroads with 2026 shaping up as a turning point

Each country offers its own opportunities—and risks—but together they illustrate why Latin America deserves a serious spot in any Plan B strategy.

Part II—coming soon—will delve further into South America—Chile, Brazil, Argentina, Paraguay, and other intriguing jurisdictions.

For most of our readers (hailing from the US and Canada) Latin America should be the first region to consider when thinking about a Plan B.  Why? Because it checks boxes no other part of the world can match in combination. Start with the basics: proximity and familiarity. From most parts of the US or…

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