South American Real Estate News
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Why did GTSA develop the vendeRAPIDO® selling process for selling real estate in South America?

There are two reasons. To speed up the selling time and Maximize the Value  Current Market Realities South American real estate markets are in the main lightly regulated and highly informal. What this means for vendors is they are at a strong disadvantage when they come to selling a property within a…

Uruguay Launches First “ZERO EMISSIONS” Pure-Electric Buses from China

BUQUEBUS and CTS Auto S.A. in partnership with Chinese automaker, BYD Ltd unveiled the first 12 meter rapid transit bus powered 100% by electricity in Uruguay and the region today. The ceremony was the culmination of an Electric Bus contract announced last year and was attended by President Mujica, Roberto Kreimerman Minister…

A new world currency is in the making The Chinese Renminbi backed by gold

China has been importing gold officially and unofficially at an increasing rate in the past few years. Last year alone it imported 630 tonnes. The goal is to have at least 10,000 tonnes  by 2015 up from the current 4,500 tonnes they currently have as a support for their increasingly popular currency the Renminbi. Now…

A New Zealander doing great business in Peru

An interview with Nick Fitzpatrick CEO for Delica Peru Who is Delica? We are a trading company specializing in Fresh Produce (Fruit and Vegetables) that is 70% owned by Turners and Growers (T+G/ENZA) and 30% owned by Key Staff. Delica began in 1994 with a couple of mates from Massey University who started exporting Citrus and Asparagus from Australia to Japan,and…

The Changing face of Immigrants to Argentina in recent years

Welcome, Bolivians. For Argentines is nothing new arrival of foreign immigrants to our country. For something said Octavio Paz: “Mexicans descended from the Aztecs, Peruvians from the Incas, and the Argentines from boats”. He was right, since from 1870 to the beginning of the First World War the country received a huge influx…

Brazil’s Odebrecht plans $20 billion spend, targets Peru as key investment

LIMA (Reuters) – Brazilian conglomerate Odebrecht plans to invest $20 billion globally over the next three years, mostly in Latin America and much of it in Peru, the company’s chief executive said on Wednesday. Family-owned Odebrecht, one of Latin America’s biggest companies, has businesses in construction,…