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Argentina is looking to lift the Foreign Farm Land Law restrictions

comprar Campos Argentinos
Argentina is looking to update or remove the restrictive Foreign Land Law restrictions that have frozen the Real Estate Market The new business-friendly Argentine Government is working on draft legislation to make positive changes to the land law, enacted in 2011, which since being  introduced has produced severe and ambiguous restrictions on the sale of land to foreigners. According to Martin Borrelli, the Undersecretary of Registration Affairs of the Ministry of Justice and Human Rights, the  body where…

Peru Property Taxes on Investment Properties

  Peru Property Taxes on Investment Properties Peru Property taxes apply to all properties that were bought to be resold ( trading properties ), or properties that were built to be sold (developers ), and properties that were bought and sold after January 1st, 2004, are ALL subject to the “Impuesto a la Renta”, or profit tax ( capital gain tax ). Transactions that involve transfers of properties that are subject to the capital gains tax, are also subject  to  tax duties to the Peruvian tax authority…

👉 AGRICULTURAL INVESTMENT IN URUGUAY

image of Cattle grazing, Agricultural investment in Uruguay
Agricultural investment in Uruguay will grow by 5% in this five-year period Global demand for agricultural products will remain strong in the coming decades, mainly sustained by increased consumption in Asia. In developing countries, the current average meat consumption of 26 kg will reach 37 kg by 2030. Meat consumption will continue to rise, as projected by the FAO. FAO Corporate Document Repository. Uruguay is a reliable and attractive destination for foreign agricultural investment. Uruguay is a predominantly…

Renewed optimism within Argentine’s heartland farming region

A farm interview of a master farmer in Argentine’s heartland farming region In a ceremony held recently in Pergamino, Buenos Aires, Argentina’s new president, Mauricio Macri, gave a strong breath of confidence to the Argentine farming community. The president informed the expectant public about the elimination of export produce Retentions ( Super Taxes )  . To follow that thread of hope, I conducted an interview with a life-long farmer in the zone known as ‘the heart of the pampa humida’.…

Chile’s new foreign investment law

CHILES NEW FOREIGN INVESTMENT LAW On January 1, 2016 Law No. 20,848 which sets forth a new legal framework for foreign direct investment in Chile (the “New Foreign Investment Law”) was enacted. The New Law also regulates the effects of contracts entered into during the term of Decree Law No. 600 of 1974 (“DL 600”), in order to guarantee the full validity of the rights and duties acquired by foreign investors under said legal regime. Foreign investors that executed foreign investment agreements with…

Argentina’s maligned devaluation is proving a big hit now

Argentina’s much-maligned devaluation is proving a big hit now (The following article was written by Daniel Cancel and was published in Bloomberg.com on 7 January, 2016) When Mauricio Macri, fresh off his victory in presidential elections in November, reiterated his pledge to jettison Argentina’s myriad currency controls upon assuming office and devalue, many observers said there was little chance he’d actually follow through on the promise. After all, the move had the potential to go horribly wrong.…