How is living in Peru as an American?

Authored by the expert who managed and guided the team behind the Peru Property Pack

Everything you need to know before buying real estate is included in our Dominican Republic Property Pack

Who is the author of this content?

THE LATINVESTOR

A team specialized in real estate investing in LATAM countries

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Peru. If you'd like to learn more about us, you can check our presentation page.

How this content was created 🔎📝

At The LatinVestor, we explore the Peruvian real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Lima, Cusco, and Arequipa. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

How many Americans are currently living in Peru?

As of September 2025, approximately 10,000 to 15,000 Americans are residing in Peru.

The largest concentrations of American expats are found in Lima, Cusco, and Arequipa, where established communities provide support networks and cultural familiarity. This population represents steady growth over the past decade, though it remains smaller compared to American expat communities in Mexico or Costa Rica.

The U.S. Embassy in Lima estimates that the American community in Peru has grown by roughly 15-20% since 2020, driven primarily by remote workers and retirees seeking affordable living options. Lima hosts the majority of American residents due to its business opportunities and modern infrastructure, while Cusco attracts those interested in cultural immersion and tourism-related ventures.

It's something we develop in our Peru property pack.

Why do Americans usually decide to move to Peru?

The primary motivation for Americans moving to Peru is the significantly lower cost of living, which averages 60-70% less than major U.S. urban areas.

Retirees form a substantial portion of American expats, drawn by the ability to stretch their retirement income while enjoying a slower pace of life. A couple can live comfortably in Peru on $1,500-$2,500 per month, compared to $4,000-$6,000 in most U.S. cities.

Beyond financial considerations, Americans are attracted to Peru's rich cultural heritage, world-class cuisine, and diverse geography spanning the Amazon rainforest, Andean mountains, and Pacific coastline. The country offers unique business opportunities in tourism, education, and remote work sectors. Many Americans also appreciate the more welcoming expat networks and easier social integration compared to other Latin American destinations.

The growing trend of digital nomadism has also contributed to American migration, as Peru's major cities offer reliable internet infrastructure while maintaining very affordable living costs.

Is English widely spoken in Peru, or will I need to learn Spanish?

English is not widely spoken in Peru, with only 8-11% of the population having basic English proficiency.

Daily life in Peru is conducted overwhelmingly in Spanish, making basic Spanish skills essential for independent living. While you can navigate tourist areas in major cities like Lima and Cusco with English, routine tasks such as shopping, banking, dealing with utilities, and interacting with government offices require Spanish communication.

Indigenous languages like Quechua and Aymara are also present in certain regions, particularly in rural areas and the highlands. For Americans planning to live in Peru long-term, investing in Spanish language learning before arrival is highly recommended for successful integration and daily functionality.

Private healthcare, international schools, and high-end businesses may have English-speaking staff, but relying solely on English severely limits your housing options, job prospects, and social connections.

What are the main cultural differences between Peru and the United States?

The most significant cultural differences center around time perception, social relationships, and family values.

Aspect	Peru	United States
Time & Punctuality	Flexible, relaxed approach to scheduling	Strict adherence to schedules and punctuality
Social Values	Personalismo - relationships and connections priority	Individualistic, personal achievement focused
Family Structure	Extended family central to daily life	Nuclear family independence emphasized
Business Culture	Relationship-based, personal trust important	Contract-based, efficiency prioritized
Social Hierarchy	More formal respect for age and status	More egalitarian social interactions
Communication Style	Indirect, context-dependent	Direct, explicit communication preferred
Religious Influence	Strong Catholic traditions in daily life	Secular approach to most activities

What are some things that feel better in Peru compared to the U.S.?

The most immediately noticeable improvement is the dramatically lower cost of everyday expenses, from rent to food to domestic services.

1. **Financial advantages**: Monthly rent for a one-bedroom apartment downtown averages $412 compared to $1,662 in the U.S., while utilities cost only $32.60 versus $124 monthly2. **Fresh food access**: Daily markets offer organic, locally-sourced produce at fraction of U.S. prices, with dinner for two costing around $23 versus $783. **Public transportation**: Reliable and affordable bus systems in major cities eliminate the need for car ownership, with monthly passes costing approximately $364. **Social warmth**: Peruvians generally display friendlier, more communal social interactions, with greater emphasis on personal relationships and hospitality5. **Cultural richness**: Access to authentic indigenous traditions, festivals, and archaeological sites provides daily cultural immersion unavailable in most U.S. locations

Many Americans also appreciate the slower pace of life and reduced work-stress culture, though this can require significant personal adjustment for those accustomed to U.S. productivity expectations.

What are some things that feel worse in Peru compared to the U.S.?

Infrastructure limitations and bureaucratic inefficiencies present the most significant daily challenges for American expats.

1. **Income potential**: Local Peruvian salaries rarely match U.S. standards, making remote work or retirement income essential for most Americans2. **Import costs**: U.S. products and familiar brands are expensive and often unavailable, requiring adaptation to local alternatives3. **Infrastructure inconsistency**: Internet, electricity, and water services can be unreliable, especially outside Lima and major cities4. **Bureaucratic complexity**: Government paperwork and official processes are slow, complicated, and conducted entirely in Spanish5. **Security concerns**: Petty theft and pickpocketing are more common in urban areas, requiring constant vigilance with personal belongings

Healthcare quality varies significantly between private and public systems, and while private care is affordable, it may not match U.S. standards for complex medical procedures. Additionally, the language barrier can make emergency situations more stressful and complicated.

How much does it really cost to live in Peru compared to back home?

Your dollar stretches approximately 1.8 times further in Peru compared to the United States, with most expats living comfortably on $1,200-$2,000 monthly.

A single person's average monthly expenses total around $827 in Peru versus $2,504 in the U.S., representing savings of approximately 67%. Housing represents the largest savings category, with downtown one-bedroom apartments averaging $412 monthly compared to $1,662 in American cities.

Food costs are dramatically lower, with restaurant meals, groceries, and local produce costing 60-80% less than U.S. equivalents. A cappuccino costs $3.12 versus $5.25, while a dinner for two at a mid-range restaurant averages $23 compared to $78 in the United States.

Healthcare represents another significant savings area, with private medical consultations costing $30-50 compared to $200-400 in the U.S. Health insurance premiums are also substantially lower, though coverage options may be more limited.

Couples typically budget $1,500-$2,500 monthly for comfortable living including housing, food, transportation, healthcare, and entertainment, though luxury lifestyles can be maintained for $3,000-$4,000 monthly—still significantly less than comparable U.S. standards.

What is daily lifestyle like for an American living in Peru?

Daily life varies significantly between urban centers like Lima and smaller cities like Cusco, but generally involves adaptation to local rhythms and customs.

Most Americans start their day shopping at fresh markets rather than supermarkets, using public transportation or ride-sharing apps instead of personal vehicles. Meal times occur later than typical U.S. schedules, with lunch around 1-2 PM and dinner often after 8 PM.

Social calendars frequently include cultural festivals, live music events, and food experiences that are deeply integrated into community life. Many expats join international clubs, language exchange groups, or volunteer organizations to maintain social connections and cultural support networks.

Urban amenities like modern shopping centers, international restaurants, and entertainment venues are readily available in Lima, while smaller cities offer more traditional experiences with local markets, artisan crafts, and historical site access. Banking, utilities, and government services require patience and often multiple visits to complete transactions.

Safety precautions become routine, including avoiding displaying expensive items, using registered taxis, and staying aware of surroundings in crowded areas. Most Americans prefer private medical clinics for healthcare needs and maintain relationships with English-speaking doctors when possible.

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Peru versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.

Can foreigners legally buy property in Peru, and how does the process work?

Foreigners can legally buy and own property in Peru with minimal restrictions, except within 50 kilometers of international borders.

The property purchase process allows foreigners to buy on tourist visas, though obtaining a "Permiso para firmar contratos" (permission to sign contracts) from immigration authorities may be required for certain transactions. Most American buyers pay cash, as mortgage financing for foreigners is rare and typically involves complex requirements.

Due diligence is crucial, as Peru's property laws include squatter rights that may be unfamiliar to Americans. Hiring a reputable local attorney is essential to verify property titles, check for liens or encumbrances, and ensure proper registration with SUNARP (Peru's property registry system).

Property transfer taxes typically range from 3-6% of the purchase price, plus notary and registration fees. The process can take 30-60 days from offer acceptance to title transfer, depending on documentation completeness and local bureaucratic efficiency.

It's something we develop in our Peru property pack.

What kind of visas or permits do Americans need to live there long-term?

Americans can stay in Peru visa-free for up to 183 days annually for tourism purposes, but long-term residence requires specific visa categories.

Visa Type	Requirements	Duration
Tourist Visa	U.S. passport, no additional requirements	183 days per year
Rentista Visa	$1,000+ monthly passive income proof	1 year renewable, permanent residency after 3 years
Work Visa	Local employment contract or business registration	1 year renewable
Investment Visa	Minimum $30,000 investment in Peruvian business	1 year renewable
Family Reunification	Marriage to Peruvian citizen or resident	2 years renewable
Student Visa	Enrollment in recognized educational institution	Duration of studies
Retirement Visa	Pension or retirement income documentation	1 year renewable

The Rentista Visa is most popular among American retirees, requiring proof of $1,000+ monthly passive income from pensions, investments, or rental properties. Work authorization is not permitted on this visa, making it suitable for retirees but not those seeking employment.

What are the biggest challenges Americans face when settling in Peru?

Language barriers create the most persistent daily challenges, as Spanish proficiency is essential for navigating bureaucracy, healthcare, and business transactions.

Bureaucratic processes are notoriously slow and paper-intensive, requiring multiple office visits and document translations for residency applications, property purchases, and business registrations. Government offices typically operate with limited hours and frequent delays that can frustrate Americans accustomed to efficient service.

Infrastructure reliability varies significantly between locations, with internet connectivity, electricity, and water services experiencing frequent interruptions outside major urban areas. This particularly affects remote workers who depend on consistent internet access for their income.

Petty crime, especially pickpocketing and bag-snatching, requires constant vigilance in urban areas. While violent crime rates are generally lower than many U.S. cities, the frequency of minor theft can create ongoing stress for newcomers unfamiliar with local safety protocols.

Employment opportunities for Americans are limited to remote work, teaching English, or starting businesses, as local wages rarely support American living standards. This makes financial planning crucial before relocation.

What should I seriously consider before making the move?

Conduct a several-month "pilot stay" to test your adaptation to daily life, climate, and cultural differences before committing to permanent relocation.

1. **Financial security**: Establish reliable remote income or sufficient retirement funds, as local employment opportunities are scarce and poorly compensated2. **Spanish language skills**: Begin intensive Spanish study before arrival, as basic proficiency is essential for independent living and bureaucratic navigation3. **Healthcare planning**: Research private medical facilities and insurance options, as public healthcare may not meet American expectations for complex medical needs4. **Legal preparation**: Budget for professional legal assistance for property purchases, visa applications, and business registrations to avoid costly mistakes5. **Safety awareness**: Develop security consciousness for urban environments, including avoiding displays of wealth and using registered transportation services

Climate considerations are important, as Peru's diverse geography means significant weather variations between coastal, mountain, and jungle regions. Some Americans struggle with Lima's persistent fog and humidity, while others find Cusco's altitude challenging.

Stay informed about political stability and security conditions, particularly in major cities where protests or civil unrest can occasionally disrupt daily life. Consider proximity to quality healthcare facilities, especially if you have chronic medical conditions requiring specialized treatment.

It's something we develop in our Peru property pack.

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Sources

1. BrightTax - Americans Living in Peru
2. Savvy Nomad - Statistics Americans Abroad
3. The LatinVestor - Living Peru as American
4. Enviro Literacy - English in Peru
5. GradesFixer - Peru vs American Culture
6. Veronica Hanson - Moving to Peru
7. Expatra - Living in Peru
8. Living Cost - Peru vs United States
9. The LatinVestor - Peru Real Estate Foreigner
10. International Living - Peru