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Hazelnut Production in Chile

Chile is the largest hazelnut producer in the Southern Hemisphere. Hazelnut cultivation covers about 13,000 ha between the region of Maule, central zone (Talca, Linares, Chillan) and the south zone of the country including the regions Araucanía, Los Ríos and Los Lagos (Temuco, Valdivia and Puerto Varas with an additional 800-1000 ha being added yearly) . Historically this species was introduced in South Chile by European emigrants, in particular Germans, Italians, and Swiss, principally in Araucania, Los…

What’s Driving Bolivia’s Booming Economy

What’s Driving Bolivia’s Booming Economy To the surprise of many, Bolivia is now Latin America’s fastest growing economy. At a 5 percent growth rate it now outstrips once dominant but now stagnating regional competitors like Brazil and Peru. Furthermore Bolivia boasts some very impressive macrofundametals: its level of international reserves are the highest in all of Latin America, it has slashed its government debt, and its inflation rate stands at a respectable 5 percent. This accompanies a 307 percent…

Taxes and Uruguay

Doing business in Uruguay Uruguay is an independent republic since 1825, situated in South America between Brazil and Argentina. In the course of the past twenty years, Uruguay has been making its mark as a growing and authentic international financial centre. Uruguay is characterised by solid banking provisions, political stability, excellent communications, a pleasant climate and a favourable tax system. Uruguay is an excellent location to minimise taxes while doing business in the area. Uruguay is a member…

Due Diligence, South American Style For Farms

Due Diligence, South American Style For Farms This week again we have clients in Paraguay doing due diligence on another undeveloped farm we have conditionally sold, to be used for a farm syndicate for smaller to medium sized investors. This involves considerable work and expense for the client. Apart from checking legal titles etc, they will be using horses (motorbikes don’t do to0 well in this type of wet soil conditions), advanced soil testing, laser leveling technology (to establish the cost of drainage),…

La Moraleja: Industrial Lemon Production in Salta, Argentina

La Moraleja is the world largest irrigated drip feed Lemon Production farm showing the most striking power of man over nature to generate food and jobs and generate good profits at the same time. Where there was Salteño Forest previously today there are 3000 hectares of lemons watered by drip feed, with a processing factory that by industrialization exports 90% its products: lemon oil, concentrated juices and dehydrated peel. In addition they have 40 hectares of greenhouses producing tomatoes, peppers and…

Brazil makes it easier for foreigners to buy farmland again

The chairmanship of the Agriculture Caucus in Brazil’s Chamber of Deputies  aims to turn back the clock on the rules concerning foreign ownership of his country’s farmland. Five years ago, Brazil’s Attorney General Office issued a new interpretation of an old, business-friendly rule that made it harder for foreign companies to buy the country’s farmland. They did it in reaction to growing concerns that foreigners were slowly taking over that vital national resource. Frustrated and well-meaning…