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9 of the Safest Countries in Latin America

Expat

October 9, 2024

It’s critically important for any world traveller or investment-savvy individual to know how safe they are when exploring new countries in Latin America or pursuing fresh opportunities there.

World politics, crime, society – life – are constantly changing, so it can be difficult to keep up with which country has just had a coup, or is experiencing an upsurge in drug cartel violence or armed kidnappings.

Even more importantly – which countries aren’t experiencing any of these things?

Despite its sometimes shady reputation, Latin America is full of peaceful, safe countries and regions where you’ll experience less crime and violence than watching the average kids’ movie in the West.

In an increasingly interconnected world, understanding the relative safety of countries is paramount for travel planning, making investments and general awareness. One of the best indicators for this purpose is the Global Peace Index (GPI).

Published annually by the Institute for Economics & Peace (IEP), the report ranks 163 independent states and territories according to their level of peacefulness and offers a comprehensive data-driven analysis of trends in peaceful societies.

Latin America is included in the report, which charts the levels of individual countries’ political stability and violent crime rates and ranks them accordingly.

The Nomad Capitalist team has parsed the report and created an in-depth guide that will equip you with a well-rounded understanding of why certain countries are the best bets for living, travelling or investing.

Nomad Capitalist has helped over 1,500 clients move to multiple tax-friendly jurisdictions from Latin America to Western Europe and further afield. Apply to become a client today, and our team will assess your personal and corporate vision and portfolio to determine the best solutions to help you retain and grow wealth, pay fewer taxes legally and acquire greater individual freedom. 

Understanding the Global Peace Index A Benchmark for National and Global Safety scaled
Safest countries in Latin America.

Establishing the Safest Countries in the World: A Benchmark for Global Safety

The Global Peace Index is an insightful report that measures Key Performance Indicators and ranks countries worldwide based on their level of peace. The ranking is derived from a wide range of indicators, such as political stability, rates of violent crime, international conflict and societal safety.

This comprehensive index, utilised in this article, allows us to identify the safest countries not just in Latin America but across the globe.

Latin America is home to a number of countries that consistently fare well on the GPI. These countries display a combination of robust political stability, low levels of violent crimes and comparatively mild societal unrest.

However, while the GPI is a critical tool, it is also essential to stay up to date with current affairs, consider travel insurance options and practise common sense to minimise risks such as petty crime.

In the following sections, we will analyse the top safest countries in Latin America as per the GPI, providing a nuanced perspective on safety in this region.

Discovering the Nine Safest Countries in Latin America

Ecuador scaled
Ecuador is a safe country for tourists and investors alike.

9. Ecuador (GPI score of 2.572)

Offering a mild climate, vibrant cities and an array of UNESCO World Heritage Sites, Ecuador is a safe country for tourists and investors alike. The government’s emphasis on reducing political corruption and improving infrastructure makes it one of the safest countries in South America. The country’s diverse culture is also a draw for travellers.

8. Dominican Republic (GPI score of 2.157)

Renowned for its pristine beaches and baseball-loving public, the Dominican Republic is a safe destination for travellers and investors. Continuous efforts to foster political stability and reduce petty crimes have earned it a place among the safest countries in the region.

7. Panama (GPI score of 2.14)

Panama is known as one of the most cosmopolitan countries in Central and South America, promising unparalleled safety. The government is dedicated to reducing political instability and fostering a secure environment.

6. Bolivia (GPI score of 2.009)

Bolivia is renowned for its rich culture and natural wonders. The government has worked tirelessly over the years to curb violence and increase societal safety, which has contributed to Bolivia’s favourable GPI ranking.

Safest Countries in Latin America
Paraguay makes the list of safest South American countries.

5. Paraguay (GPI score of 2.044)

Known for its subtropical forests and vibrant indigenous culture, Paraguay is another of the safest countries on our list. The nation’s low violent crime rate can be attributed to effective law enforcement and a focus on maintaining societal order.

4. Chile (GPI score of 1.978)

Chile’s consistent efforts in reducing violent crime and political corruption have borne fruit, with the country ranked the fourth safest in Latin America. Its capital, Santiago, offers a dynamic mix of tourist hotspots and unforgettable cultural experiences.

Costa Rica, Safest Countries in Latin America
Costa Rica ranks 3rd of the safest countries in Latin America.

3. Costa Rica (GPI score of 1.95)

At number three on the list of Latin America’s safest countries is Costa Rica.

The country is known for its stunning natural beauty that offers unspoiled coastlines and sprawling rainforests. A peaceful political climate, combined with efforts to curb petty crimes, has established this nation as a top choice for safe travel and investment.

2. Uruguay (GPI score of 1.893)

Uruguay’s political stability, welcoming people and minimal occurrence of violent crime have elevated it to the position of the second safest nation in Latin America. Famous for the charming city of Montevideo, Uruguay has a peaceful ambience that appeals to many travellers.

Argentina, Safest Countries in Latin America
Argentina is currently the safest country in Latin America.

1. Argentina (GPI score of 1.855)

Argentina, the second-largest country in South America, is culturally rich and boasts exciting city lifestyles. With a strong emphasis on curbing petty theft and ensuring political stability, Argentina has become one of the safest countries in South America.

With its stunning biodiversity, Argentina is a paradise for nature lovers. The commitment of its citizens and government to maintaining this safe and peaceful environment has been pivotal in achieving its status.

Whether you’re exploring its national parks, relaxing in natural hot springs or discovering the exciting life in its cities, Argentina guarantees a memorable and worry-free experience.

Avoiding the Most Dangerous Countries in South America

These nine countries reflect the diverse tapestry of cultures and environments that make Latin America unique.

Their governments and citizens’ dedication to safety and stability sets them apart and makes them top choices for travellers and investors seeking new opportunities in safe countries.

Their rich cultures, breathtaking natural wonders, and warm, welcoming locals provide an enriching experience that goes beyond safety.

By being street smart, staying up to date with current information, avoiding dangerous countries and respecting local customs and laws, your travels in this region should be memorable and trouble-free.

Costa Rica scaled
The safest countries in Latin America offer low rates of violent crime, freedoms and a low level of conflict.

Safest Countries in Latin America:  FAQs

Which Latin American country is the safest?

As per the 2024 Global Peace Index, Argentina is currently the safest country in Latin America.

How are these countries ranked for safety?

The Global Peace Index uses a range of indicators to determine a country’s safety, including political stability, violent crime rates, societal safety and instances of international conflict.

What factors contribute to the safety of a country?

Several factors contribute to the safety of a country. These include a stable political environment, low rates of violent crime, effective law enforcement, the presence of civil rights and freedoms and a low level of internal and international conflicts.

Is South America safe for travel?

Yes, many countries in South America are considered safe for travel, especially those ranking high on the Global Peace Index. It’s important, however, for travellers to stay informed about current affairs, exercise caution in larger cities and take precautions against petty crime.

What precautions should travellers take in Latin America?

Travellers should stay up to date on local news, avoid displaying expensive items in public, be wary of scams, use only official transportation and ensure they have comprehensive travel insurance.

Are these countries also safe to invest in?

Yes, the safety of a country generally indicates a stable political and economic environment, which is beneficial for investment. However, it’s recommended to consult with a professional before making any investment decisions.

What is the safest country in South America?

According to the Global Peace Index, Uruguay and Chile are among the safest countries in
South America due to their political stability and low crime rates.

What are the safest cities in South America?

Some of the safest cities include Montevideo (Uruguay), Santiago (Chile) and Buenos Aires
(Argentina). Each of these cities are known for their safety, vibrant cultures and low levels of
violent crime.

How to find the safest places in South America?

Generally, the safest places in South America are where tourism is most prominent and where
areas are more developed. To help you find safe places, consult the Global Peace Index,
research crime statistics and check other travel advisories from reliable sources like government
agencies.

Venturing Safely: Your Next Steps in Latin America

From Costa Rica’s breathtaking natural wonders to Argentina’s lively cities, each country in Latin America has something unique to offer.

Despite occasional street crime and civil unrest, these nations, with their robust political stability and low rates of violent crimes, have proven to be safe havens in both Central and South America.

Whether you’re a city dweller who prefers busy metropolises or a nature lover drawn to vast expanses of pristine wilderness, these safe South American countries promise enriching experiences and secure environments for both travellers and investors.

Looking to move there rather than simply visit? Contact us at Nomad Capitalist today to discover how we can assist you in planning your second citizenship, travel or investment opportunities in Latin America and throughout the world.

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