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Chile ahead of Peru as ‘Best Place’ for business in Latin America

According to data compiled by Bloomberg, Chile is the best place to do business in Latin America in 2014, with the cheapest costs in the region, The country of about 17 million people secured the top position of 14 Latin American nations based on six criteria, including the degree of economic integration and labour costs. Peru and…

Paraguay plans to become world’s 5th -largest beef exporter by 2018

One of Paraguay priorities is to make the country the world’s fifth exporter of beef by 2018, according to Industry and Trade minister Gustavo Leite. The land locked member of Mercosur currently holds the eighth position. ”But we also want Paraguay to become the world’s third per capita consumer of beef (behind Uruguay…

What is happening in Argentina’s economy ? Is it a buy or a sell ?

Last week, the official Argentina’s economy exchange rate – went from 6.81 to 8.03 to the USD in a few days. The “blue” or black market rate (a fact of life in any controlled exchange market) was all over the place, probably going from around ARP 9.50 to 13 in the same period. In short a severe devaluation. Many existing…

Why Progressive New Zealand Dairy farmers are moving to South America

  New Zealand Dairy farmers are moving to South America New Zealands farm landscape has changed dramatically over the past few years. Once considered one large sheep farm  and a breadbasket for the United Kingdom with over 77 million sheep ( a controversial figure as many sheep were counted twice during this period to get…

Uruguay removes one of the last Tax Advantages favouring foreigners.

Uruguay removes one of the last Tax Advantages favouring foreigners. For many years now investors could own property ( excluding farms ) and companies using a company structure called Bearer Bonds.  Bearer bonds have historically been the financial instrument of choice for money laundering, tax evasion, and concealed business…

Latin America Real Estate Searches Gone Viral

Real Estate searches via Internet is the new norm with 76% of those who bought properties in Latin America real estate last year first investigated via the web according to a report by Google. This is not surprising given the fact that Latin America has a higher penetration of Internet users than Europe and the United States. Argentina has the highest…