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China’s purchase of Nidera makes it a large player in grain exports from Argentina

China’s purchase of Nidera makes it a large player in grain exports from Argentina   China’s move to buy a controlling stake in Netherlands-based agricultural trading company Nidera has divided the waters among farmers in Argentina, one of the world’s leading soy exporters, with larger producers celebrating the purchase and smaller ones raising concerns about potential market concentration. State-run China Grains and Oils Group Corporation (COFCO) announced on February 28 that it had bought a 51…

Chile Property Taxes Update

Chile Property Taxes Update First, some basic tax terminology in Chile Property Taxes in Chile is paid proportional to a government valuation of each individual property.  These valuations are known as “avalúo fiscal” and are governed by the Chilean IRS, “Servicio de Impuestos Internos (SII).” The Chilean IRS is regulated by the Real Estate Tax Law or “Ley Sobre Impuesto Territorial” and the taxes paid are known as “contribuciones” in Chile. Let us first warn you, the…

How does Chile’s measure land values using different currency mechanisms ?

Chile’s measure land values using different currency mechanisms This post introduces a modern example of medium-unit divergence: the Chilean peso and Chile’s Unidad de Fomento or UF Like most modern currencies, the peso is issued by the nation’s central bank; the Banco Central de Chile. Local banks offer peso-denominated cheque and savings accounts. Chileans use these pesos as the nation’s medium-of-exchange. They pay their bills with pesos, settle rent with it, and buy food with it.…

Negotiations is a learned skill – Not just for Real Estate Brokers

Negotiations are a fact of life. We constantly negotiate both in personal and professional areas of life. Still, many people don´t like negotiating, and as such try avoiding it. As a result it could make resolving and/or progressing problematic. Others, often success-driven managers and business people, are so competitive that only “winning” would make them a great negotiator in their eyes. Causing, of course, the other person to “lose.” Helpful? Most likely not! Applying below-listed…

Mendoza City – Chiles Gateway to Argentina

              Mendoza is the Capital of Cuyo province. It is 1040 kilometres from Buenos Aires (and 340 kilometres from Santiago, Chile), and consists of around 1,100,000 people in the metropolitan area.  Lying at 747 metres above sea level at the foothills of the Andes close to the Chilean border, it is the largest city in far Western Argentina and serves as Argentina’s gateway to Chile. Founded in the 1560s, Mendoza was first located in the Intendancy of Chile…

Five Entrepreneurial Lessons I Learned Growing Up On A Farm

“The ultimate goal of farm is not the growing of crops, but the cultivation and perfection of human beings.”—Masanobu Fukuoka On July 31, 1951, I was born on a farm in a far away place called New Zealand. Today I run a Real Estate business in the heart of South America. For many years, I used to run away from my farm-life upbringing because I thought it had no place in business, but lately I’ve come to embrace my farm-boy ways as a competitive advantage. Here are five lessons I learned on the farm:…