If you're open to it I feel like the sweet spot right now, specially for Spanish speakers, is to work remotely from somewhere in LATAM, earning in dollars or euros and spending in local currency.
However my knee-jerk reaction is that, the various programs governments will incentivize regarding foreign investment and relocation are not necessarily in the best economic or social interests of the locals for a given area, despite that governments intent.
One story I recall from earlier this year was regarding Lisbon and the backlash against their visa [1]. From the article it's obvious there were other (tax) incentives that existed prior to the nomad visa, however it appears to me that the visa was a turning point in public discourse on the topic, as it incentivized highly paid individuals to relocate to Lisbon (4x the average Portuguese salary).
Though I don't disagree that it could still have been weighed by the government and determined it to be a net-positive still.
[1] : https://www.politico.eu/article/portugal-digital-nomads-bubb...
> merchants
hire a whole panoply of people as their business increases.
That said, I’m not sure there is much literature on the negative economic side of tourism, or work tourism specifically. My suspicion, is that while it tends to create inflationary pressure, it still increases local wealth generally, and rarely are there very extreme negative situations (like locals who live in regions that can grow quinoa that can no longer afford it resulting in serious nutrition issues).
Plus, some countries in LATAM have the same issues we dislike about the US but magnified (e.g. inequality).