The Latin Grammy Lifetime Achievement Award is an honor presented annually by the Latin Recording Academy, the same organization that distributes the Latin Grammy Awards, to commend performers "who have made contributions of outstanding artistic significance to Latin music". Award recipients are honored during "Latin Grammy Week", a string of galas just prior to the annual Latin Grammy Awards ceremony.

The Latin Grammy Awards are awards presented by the Latin Recording Academy to recognize outstanding achievement in the Latin music industry. The Latin Grammy honors works recorded in Spanish or Portuguese from anywhere around the world that has been released in Ibero-America. Ibero-America, as defined by the Latin Recording Academy, encompasses Latin America, Spain, Portugal, and the Latino population in Canada and the United States. Submissions of products recorded in languages, dialects or idiomatic expressions recognized in Ibero America, such as Catalan, Basque, Galician, Valencian, Nahuatl, Guarani, Quechua or Mayan may be accepted by a majority vote. Both the regular Grammy Award and the Latin Grammy Award have similar nominating and voting processes, in which the selections are decided by peers within the Latin music industry.