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Peru outshines its neighbours in South America

image of Peru outshines its neighbours in South America
Peru outshines its neighbours in South America in 2016, with a 58% rise in the Lima General Index, followed by the Bovespa in Brazil with 37% and Argentina’s Merval with 33%. Peru has a steep rise in GDP projected of 3.8%. By contrast, in Brazil and Argentina, the earnings will be only on stock this year. Argentina expects to end the year with a negative…

Paraguay attracts investments from Uruguay

image of Paraguay attracts investments from Uruguay
Luis Chase, Ambassador of Paraguay in Uruguay, has commented on the fact that in recent years Paraguay has attracted investments from Uruguay, that this is due to the “Policy of the three 10s”: 10% VAT, 10% tax on corporate income and 10% personal income tax. Ambassador Chase added: “In Paraguay there is a fair balance between capital…

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…

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,…

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…

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…