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Escaping Canada for Bitcoin Country: Was the Cost of Living in El Salvador Worth It? | Charity Hagenaars of Making it in El Salvador

9/19/2026 · 67 min · transcript via mlx

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Key topics

— Charity Hagenaars and her family of five relocated from Ontario, Canada to El Salvador in August 2024, motivated by economic concerns and government overreach rather than Bitcoin initially.

— Finding rental housing requires navigating Facebook Marketplace with poor listings, leases without standard terms, and landlords who may demand police checks or guarantors.

— Car purchasing involves hiring a local mechanic to inspect vehicles (many are US-wrecked imports), negotiating prices, and budgeting for repairs; de-agencia (dealership) cars cost more but offer better reliability.

— Banking in El Salvador is slow and bureaucratic; Bitcoin, Wise, and DittoBanks offer faster alternatives for moving money into the country.

— Living costs for a family of five average $3,000–$3,500 per month in a smaller town like Lourdes; electricity with air conditioning can be expensive, but groceries, raw milk, and rent are significantly cheaper than Canada.

— Public school education is an option but often means large class sizes (40+), limited English instruction, and social challenges; homeschooling co-ops and private schools are alternatives.

Market & price signals

— None discussed.

Actionable insights

— Before relocating to El Salvador, take a scouting trip without children to properly assess neighborhoods, housing, and logistics without constant childcare distractions.

— Use Bitcoin or Wise for moving money into El Salvador rather than relying on slow bank wire transfers; Chivo ATM withdrawals are capped at $1,000 per phone number per day.

— Budget realistically: rent in Lourdes-area complexes is $500–$850 for family homes with pools and common areas; factor in higher electricity costs if running air conditioning, but expect much lower water and food expenses than North America.

Episode sponsorships

Paid placements mentioned in this episode. BTC Pods is not sponsored by or affiliated with these advertisers. Links are included so you can find offers mentioned on the show.

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