What are the best ways to generate passive income in Spanish-speaking countries?
Real estate investment trusts (REITs) in Latin America have outperformed the MSCI Emerging Markets Index by over 5% annually over the past decade, providing steady passive income for investors.
Some of the most successful passive income streams in Mexico involve renting out Airbnb properties in tourist hotspots like Cancun, which can yield up to 15% annual returns.
In Colombia, crowdfunding platforms that finance small businesses have seen a 30% increase in investments over the past 2 years, allowing everyday investors to earn passive dividends.
The rise of the gig economy in Argentina has enabled more citizens to earn passive income through platforms like Uber, Rappi, and Mercado Libre, with some drivers earning an extra $300-$500 per month.
Chile has seen a boom in passive income from investing in exchange-traded funds (ETFs) that track the country's booming copper and lithium mining sectors, taking advantage of the global transition to clean energy.
Rental income from Vrbo and other vacation rental platforms in Costa Rica can generate 8-12% annual yields, especially for properties near popular beach destinations.
Passive income from affiliate marketing has grown 25% year-over-year in Peru, as content creators capitalize on the country's expanding e-commerce sector.
Investing in government bonds in Uruguay can provide 4-6% annual passive income, shielded from currency fluctuations due to the country's stable economy.
The rise of the creator economy in Panama has allowed influencers to earn passive income from sponsorships, online courses, and merchandise sales.
Dividend-paying stocks of Latin American multinational companies have provided investors in Brazil steady 3-5% annual yields without the need for active management.
Earning passive income through network marketing has become increasingly popular in the Dominican Republic, with some distributors earning an extra $200-$500 per month.
Passive income from renting out parking spaces near tourist hotspots in Spain has generated up to 12% annual returns for savvy real estate investors.
The growth of the freelance economy in Mexico has enabled more citizens to earn passive income through platforms like Fiverr and Upwork, with some earning an extra $1,000 per month.
Investing in solar energy projects in Chile has provided investors with 6-8% annual passive income, capitalizing on the country's ample sunlight and government incentives.
Earning passive income through Amazon FBA (Fulfillment by Amazon) has become popular in Argentina, with some entrepreneurs generating $2,000-$5,000 per month in additional revenue.
The rise of passive income streams like dividend-paying stocks and rental properties has allowed many Venezuelan expatriates to achieve financial stability amidst their country's economic turmoil.
Passive income from buying and renting out Airbnb properties in popular tourist destinations like Cartagena, Colombia can yield up to 18% annual returns.
The growing popularity of passive income through online courses and digital products has enabled many Ecuadorian entrepreneurs to supplement their primary incomes.
Investing in high-yield peer-to-peer lending platforms in Spain has provided investors with 8-12% annual passive income, diversifying their portfolios.
The surge in demand for virtual assistant services in Latin America has allowed many individuals to earn passive income by providing administrative support to clients abroad.