Paracambi, Brazil

This small industrial town in Rio de Janeiro state won't make any 'best places to retire' lists, but it's dirt cheap if you're looking for a no-frills Brazilian base. The textile factories that dominate the local economy mean steady work for locals, but expats here need solid Portuguese – English speakers are rare outside tourist zones. Watch for flash floods in the rainy season; the low-lying areas near the Macacos River can get messy.

Living in Paracambi means trading amenities for affordability. You won't find international schools or high-end healthcare here, but your rent budget stretches twice as far as in Rio proper. The bus to the capital takes about 90 minutes when traffic cooperates. This is strictly for FIRE types who prioritize savings over convenience and don't mind a working-class vibe.