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How to find Affordable Real Estate in Chile

The Do’s and Don’ts of Buying Real Estate in Chile Acquiring or even selling property can be a complicated exercise for the inexperienced;  the following is an outline of the basic principles of the issues faced when buying or selling a property and in particular, to help those looking for affordable real estate in Chile. Keep in mind that most foreigners who have bought in the past, without experienced professional assistance, ended up overpaying for the property. It is called locally…

Chile to change the most radical of Pinochet economic legacies

One of Pinochet economic legacies is about to be changed. Chile’s President Michelle Bachelet proposed changes to the most radical of all the economic reforms of former dictator Augusto Pinochet — the private pension system that inspired a wave of similar projects worldwide. For the first time, companies will have to contribute to the system, which until now depended on payments by workers to private savings accounts, Bachelet said in a televised address to the nation late Tuesday, August 9. The proposals…

Argentina’s Central Bank relaxes foreign-exchange restrictions

Argentina’s central bank moved one step closer to allowing the free flow of foreign currency when it removed a limit on how much of their savings individuals and companies can convert into dollars. Policy makers, in a statement on August 8, also said they will cut the amount of paperwork companies must submit to justify dollar purchases and reduce the categories of foreign exchange transactions that must be reported to the government to 70 from 315. The central bank previously limited conversions to dollars…

Argentina Attracts Green Capital

image of Argentina Attracts Green Capital
With an extremely bold move by the government of the nation, Argentina is now attracting the green capital that is needed to realise works in clean energy, by using the Decree of Necessity and Emergency number 882 of the Ministry of Mining and Energy, which enshrines in law exceptional measures to ensure foreign investment in renewable energy. This year the government has authorised the entry of up to US$1,700 million for the execution of works within the regulatory framework of energy production from renewable…

Why the Rio Olympics is not drawing Chinese buyers to Brazil

Even though it seems like Chinese investment levels only go up, Chinese buying does vary by local conditions with the Rio Olympics being a good example. According to Goldman Sachs, the Olympics is a property goldmine that has boosted real estate prices in its host city in the past. Citing Sydney, Los Angeles, and Atlanta as prime examples, the Olympics generally translates into infrastructure development, tourism growth, and a stronger profile for the host city, and this has enticed many intrepid international…

Argentine organises the largest Business and Investment Forum in its history

President Macri is fronting a forum to the world’s business elite the countries vision of a modern Argentina Argentina is organising a major business and investment forum next month, September 12th to the 15th, in Buenos Aires where more than 1,500 world business leaders and representatives of government and economic institutions are scheduled to attend the event, probably the largest in recent times in all of Latin America. All of the participants will receive from the president Mauricio Macri administration…