Belize uses the dollar and so does Panama. Nicaragua is 24:1. One US Dollar is worth 24 Cordobas... You can use the dollar for exchange, everybody does, since the dollar is used for international exchange but everything is denominated in Cordobas not dollars.Rocky Top wrote:The exchange rate is 1:1 because they use the dollar, just like Panama.djfourmoney wrote:Central America is fine, Mexico is okay even. Pick one and go. Nicaragua has the lowest cost and highest exchange rate down there.zacb wrote:Which country would you suggest for those of us with st. smarts?djfourmoney wrote:I don't know why the number #1 concern is looking for somebody to provide you with a job. Make one for yourself, its not hard. You can make money online, its not hard. Its not overnight and you'll have to spend hours, weeks and months on it before you'll see any money, but do it right and you can make more than enough to live on in South America.skateboardstephen wrote: Exactly.I see so many foreign exchange students in Brazil from various countries. I don't know what you would do for work though.I teach English and i'm pretty good at it,but it isn't easy and you really have to know what you're doing.You should also be able to speak the native language fluently and be able to explain grammar points in their native language if they don't understand you.
Starting a business in Brazil is difficult but not impossible. You can make it easier on yourself by marrying a Brazilian. But when I suggest that to single men, they act if that's a wild-eye idea. You want to get married anyway right? Why not a Brazilian woman?
If getting married is not a priority for some reason, then go to Central America where its dirt cheap and little regulation, so starting a business only requires a lawyer to understand the documents and not much else.
He could work at one of the call centers US companies have in Central America, lots of backpacker types do this.
Mexican hookers will take US dollars, but they exchange them for Pesos because that is the local currency. In fact I can buy anything in dollars pretty much in Mexico, but I will pay whatever the total is in pesos, they don't do the exchange on the fly. Even if they do its usually wrong by a few pesos.