Netflix announced today that it would soon habla espanol.

It plans to expand service later this year and provide streaming video options in South America and the Caribbean. Netflix members will be able to instantly watch an array of US, local and global TV shows and movies on their TVs as well as on PCs, Macs and mobile devices.

Language support will also be expanded to include Spanish and Portuguese. Netflix had launched the service in Canada last year and it is part of company’s plans to expand internationally.

There’s no mention that Netflix will offer DVD shipping in these countries, though, nor did Netflix say how much the service will cost. Given the difference in socio-economics in Netflix’s new market, the pricing differential will be interesting. A large market penetration could require a lower price point than in the US, and that disparity might anger US customers.