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FACTA Regulations- Why Americans are giving up there Citizenship

FACTA – Why  Americans living in South America are giving up there Citizenship in Droves By Martha Myron With the announcement last week from one of our major local banks, HSBC Private Bank Bermuda that they would no longer support accounts owned by US citizens, Bermuda residents with dual citizenship with the United States, and green card holders living in Bermuda, the concerns elucidated in many of my earlier columns regarding US tax compliance have come to pass. Fortunately, Butterfield Bank Private…

Argentine Distressed Farm Syndication Opportunity

We are currently investigating the appetite for smaller investors to have an exposure to Argentine Distressed Farm Syndication that will specialize in Distressed Farm Properties for sale in Argentina and Uruguay. These will be direct farm purchases. With the downturn in International commodity prices many owners are now under extreme stress and risk of bankruptcy.…

34,000 ha including Ancient Forests destroyed in Argentina by Fire

Fears grow over ecological damage that emerges from ashes of Chubut’s forests In the wake of the fire that destroyed more than 34,000 hectares of forests, some of them ancient, in southern Patagonia, the authorities will have to put out flames that are no less serious: the new socio-environmental catastrophe that will emerge from the ashes. The…

Chilean Patagonia Torres del Paine National Park

Chilean Patagonia Torres del Paine National Park, is the best place in the world for outdoor activities according to Wikieplora Following three months of investigations in over thirty outdoor and trekking magazines, Wikiexplora portal made a list of the best world places. Wikiexplora is an on-line…

Chile’s hazelnut boom

Chile’s hazelnut boom Chile’s 2011 hazelnut exports may only be less than 1% of world leader Turkey’s total annual production, but the South American country is looking to find opportunities with the crop in global markets. At www.freshfruitportal.com we speak with Grupo Hijuelas general manager Gaspar Goycoolea about the ‘explosive growth’ the industry is going through,…

Argentine Wine Industry under pressure

        Argentine Wine Industry is in trouble Lower local consumption, less exports and higher production cost have lead to oversupply problems for most Argentine wine producers. The government claims devaluation will not help the industry against its competitors which in many cases have already devalued. Ie Australia, Brazil, Chile etc. Wine sales dropped 7.3% last year according to the Argentine Wine Institute, (INV). Exports fell 17% and sales to its huge domestic market which is in recession…