Netflix has announced that it will expand to 43 countries throughout Latin America and the Caribbean later this year. Just like it already does in the US and Canada, the company will offer these new markets unlimited TV show and movie streaming instantly over the Internet to TVs and computers for one monthly subscription price.

Netflix claims it wants to offer the same combination of convenience, choice, and value that members in the US and Canada get, to people in Mexico, Central America, South America, and the Caribbean. Members in these regions will be able to access Netflix.com in Spanish, Portuguese, or English, depending on their preference. They will also be able to enjoy entertainment on their TVs via a range of consumer electronics devices capable of streaming from Netflix, as well as on PCs, Macs, and mobile devices.

Netflix has yet to share exact dates for the roll out, but it will do so in the coming months. If you're in the region and want to sign up for the Latin America service, head over to netflix.com and leave your info. Netflix will send you an email reminder when the service launches.

We've known for a while now that Netflix was considering an overseas expansion this year. After Canada, we learned the company was considering Europe, Latin America, or Asia as possible markets to move into. Frankly, we thought Europe would be the most likely candidate, but maybe Amazon's purchase of Lovefilm, the European Netflix, put the company off.

Netflix is growing very quickly. The service added 7.7 million subscribers in 2010, and passed the 20 million milestone. With a huge region like Latin America, we would expect Netflix to start nearing the 100 million mark in the next year or so.