South American Real Estate News
/ Blog

Uruguay is the best place to live in Latin America according to the Legatum Institute

According to the latest Prosperty index, Uruguay ranks 29, followed by Chile, 31, Argentina 39 and Brazil, 52. In the whole of the Americas, Uruguay is the only country that figures in the highest ranking with Canada (6) and the US (10). The rest of South America is ranked medium while Ecuador and Bolivia figure at the lowest level. The Legatum Institute describes itself as an independent non-partisan public policy group based in London, with research, publications, and programs that advance ideas and policies…

Indian man becomes ‘farming king’ in Argentina

Indian man becomes ‘farming king’ in Argentina An Indian-origin man in Argentina, who started a peanut farm a few years back, has now grown by leaps and bounds and become an “uncrowned king” of rice, soya and corn plantations in South America. Simmarpal Singh’s company Olam, based in Singapore and run by people of Indian origin, is one of the major rice traders of the world, says R. Viswanathan, India’s ambassador to Argentina, Uruguay and Paraguay. Singh now has an area…

Russian companies invest big in Brazil

Russian companies are making strong inroads into Brazil, a fellow top-league developing economy that has long lain out of its range of interest. Both countries are members of BRIC — a group that also includes such longtime Russian partners as China and India — which held a maiden summit of its leaders in 2009. “That BRIC forum was a powerful factor to make relations more dynamic” with Brazil, said Sergei Vasilyev, chairman of the Russian-Brazil Business Council. Russia – Brazil Ties Three…

A new Hilton in Argentina

Hilton Worldwide announced the signing of a management agreement with HH Developments to operate a Hilton Garden Inn hotel in Santa Fe – the capital city of the province of Santa Fe, Argentina. The new-build Hilton Garden Inn Santa Fe, expected to open at the end of 2013, represents the brand’s second development project in Argentina, following the recent announcement of the Hilton Garden Inn Zarate project – a management agreement with the same ownership group. “We couldn’t be happier to announce…

Argentina, Chile and Uruguay with highest human development index in Latam

Argentina, Chile and Uruguay have the highest standards of living in Latin America according the latest report from the United Nations Human Development Index (HDI). Worldwide out of 187 countries Chile ranks 44, Argentina, 45 and Uruguay 48. The HDI is calculated from a set of indicators including literacy rates, years of schooling, life expectancy and per capita income. On a scale from zero to one Uruguay’s HDI was 0.783 this year which means it has sustainedly advanced in the last few decades improving…

Blueberries from Chile to set new exports record

The latest Blueberries crop report shows the Chilean harvest beginning to progress as spring tilts toward summer in the Southern Hemisphere. Cool weather conditions had early-season export numbers behind projections, but all signs now point to a robust harvest and export market, as the season ramps up. Peak production and export of Chilean blueberries takes place in December, January and February. According to the Chilean Blueberry Committee, production will continue to increase in future years, as Chile adds…