You cannot say that all of Latin America is like this. If you choose Peru, Colombia, Venezuela, Central America, and Mexico than yes it can get interesting.
However, if you choose more developed countries like Chile, Uruguay, Panama, and Argentina life can be quite pleasant. Many Europeans and Americans are moving to places like Uruguay because the government leaves you alone. They don't strip search you like in the USA or tax you to kingdom come like in Europe or Canada.
These countries are big and have a few million people. By the way, the countries of the south like the ones I mentioned welcome European and American people. In Uruguay, for example, you only need to show income of $500 U.S. dollars a months and you immigrate.