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Argentina Tax Amnesty Explained in English

AFIP Explains in English who and what is involved This voluntary Argentina tax amnesty gives a one-off opportunity for local taxpayers to declare illegal hidden currency and property. It has been designed by the Argentine Government to entice back into Argentina the Billions of Dollars that had left the country illegally when the previous populist governments invoked economic measures that effectively stole taxpayers money. The taxpayer pays a special tax for the property located within the country and abroad…

Brazil Farmland is now available for Foreign Ownership again

Common Sense Returns to Brazil Farmland Brazil’s government plans to lift current limits on foreign ownership of Brazil Farmland, Secretary of Investment Moreira Franco, the person behind privatization for the new administration, told Reuters on Wednesday. Franco called the restriction on sales of Brazil Farmland to foreign individuals and companies “nonsense” and said interim President Michel Temer will reconsider the issue. The restriction was adopted in 2010 by former President Luiz Inacio…

IMF: Latin America’s economic slowdown continues

SOUTH AMERICA’S GROWTH IS SLOWING As the global recovery continues to struggle to gain its footing, growth in Latin America and the Caribbean has been marked down further and is likely to contract for the second consecutive year in 2016, the IMF said. The IMF’s latest Regional Economic Outlook for the Western Hemisphere, released on April 27 in Mexico City, projects that the region is set to contract by 0.5 percent in 2016— marking two consecutive years of negative growth for the first time since…

Life in Chile, in the top 7 for Puerto Varas

image of Puerto Varas, Chile
The final report of the Anillos project, 2015, has granted to Life in Chile, in the top 7 for Puerto Varas. The study delivers the Quality Index of Urban Life (ICVU), of the Catholic University and the Chilean Chamber of Construction, both institutions of high repute. The ICVU evaluates the quality of life of a given population in Chile, considering factors influencing urban space, i.e. for civil society and private and public sectors in the place. The aforementioned study evaluated the quality of life of 85%…

Chilean wines: Bad Season or Better Opportunity?

Chilean Vineyard Image courtesy of xedos4 at FreeDigitalPhotos.net
image of a Chilean Vineyard
Chilean Wines: The National Agricultural Society of Chile (SNA) issued a press release which expresses concern about the drop in production this year. The heavy rain that hit Chile caused a significant decline in the harvest. Patricio Crespo, current President of the SNA, said: “According to the data collected from our associates, this records an estimated drop in grape production of 30%, equivalent to about 400 million fewer litres of wine this fall season. This would imply a final production of wine…

Transpacific Business Digest – Business News Market Reports– May 2016

Transpacific Business Digest- Business News from Latin America The Manning Group kindly forwarded me their May  Edition of their new newsletter they are publishing which will be of interest to importers and exporters from and to Latin America. New Zealand’s leading Latin American business consultants, Manning Group Limited, is the publisher of ‘Transpacific Business Digest’ a free of charge, controlled-circulation electronic periodical in English, Spanish and Portuguese editions which contains market…