But isn't the cost of living in Chile markedly lower? So that $40,000 is potentially stretched a lot further. Also its a grant, not an investment. So you basic

But isn't the cost of living in Chile markedly lower? So that $40,000 is potentially stretched a lot further. Also its a grant, not an investment. So you basically get free $40k in living and startup expenses taken care of for free. If they're seeking to give this to recent grads with low salary expectations to begin with, I'd say its a fantastic opportunity. What is there to lose?