If you want to go to central america let me know. I can introduce you to the tech/startup community there. They can hook you up with the best/safest placest to live, work areas, and the whole thing.
My personal experience is with Guatemala and Honduras, though I know top notch developers and entrepreneurs (all bilingual) throughout the whole region.
If I were you, I'd pick costa rica to live in if you want to live in Central America. Bigger expat community, great nearshoring tech talent. Though Chile will give you $40k to startup in Chile.
When I go live/work at a LATAM country my process is usually:
1. Stay in a hostal for two days, those two days I check out places to rent
2. In south america, you can find great stuff on craigslist, furnished rooms or studios from $200-$500/mo
3. Meet local entrepreneurs, and find coworking spaces/become an office guest.
If you need more tips/intros for living in LATAM, my email is in my profile, or @andresbarreto