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LAN CHILE to introduce a 787 Dreamliner service to the Sydney-Santiago route

LAN CHILE to introduce a 787 Dreamliner service to the Sydney-Santiago route LAN will upgrade its daily Sydney-Auckland-Santiago service from the Airbus A340-300 to the Boeing 787 from April 18 2015. The Chile-based airline said in a statement the Dreamliner used to Sydney would be configured with 30 business and 217 economy seats…

Argentina is the top tourist destination in South America

Argentina will  welcome some nearly six million visitors in 2014.  Unlike previous periods most of these tourists ( 75% ) are Latin American with Europeans and North Americans mostly staying away.  Chile, Brazil, Uruguay and Paraguay being the top sources of visitors. In 2003, just as the country was crawling out of its last economic…

Foreigners can retire Income Tax Free in Chile

Retire Income Tax Free in Chile! Chile does not impose income tax on foreign pensions or social security of foreigners with residency in Chile. This is in addition to other tax benefits for all new residents of Chile, such as the three year foreign income tax exemption or any dual tax treaties that may exist between Chile and other countries. No income…

Why does Argentina have a dual currency ? The Blue Rate

Is the Blue Market Really a Black Market? In a standard economy, money is money. Whether you carry a briefcase of crisp hundreds into a bank in New York, or a sack filled with small bills into a branch in Nebraska, the deposit to your account will look exactly the same. The commodity (money) has a single value – the amount printed on the bill.…

Paraguay opens the welcome mat for business

Paraguay has a simple and serious message Backed by rising growth rates and successful capital market deals, Paraguay is telling the world it is very much open for business. After spending some time in Paraguay, business travellers (whose numbers have been increasing in recent months) may be struck by two thoughts. First, the country’s opportunity…

Southern Chile economy is booming

The Southern region of Chile has the most dynamic and fastest-growing economy in the country. Magallanes region in the extreme south of Chile, was the most dynamic of the country’s economy during the third quarter of the year according to the latest release from the local stats office, INE. This contrasts with the rest of the fourteen regions of the country…