South American Real Estate News
/ Month / August

Uruguayan cows are among the most easily traced animals in the world

Coming from a long tradition of natural animal husbandry, Uruguayan meat is both tasty and safe. With scare stories of processed meat product proliferating the news, and a richer, ever increasing world population,more and more people are demanding their beef from trusted sources. Uruguay, with its long tradition of meat production and export, is proud to support a system that guarantees its customers 100 percent traceability.The Latin American country currently exports 70 percent of its meat to more than 100…

Peruvian agricultural exports top $1.7 billion in the first half of 2013

The Peruvian Ministry of Agriculture and Irrigation (Minagri) announced this week that Peru’s agricultural exports climbed to $ 1.71 billion during the first half of 2013. According to official data from the sector’s Office of Statistical and Economic Studies (OEEE) there was an increase in shipments of undenatured ethyl alcohol (28,000 tons), fresh avocados (16,000 tons), fresh mangoes (16,000 tons), sugar (11,000 tons), bananas (7,000 tons), and frozen mango (7,000 tons). In the same six-month period,…

The Recoleta Cemetery in Buneos Aires. Its not too late to enter.

The cemetery was inaugurated in 1872 being the first public cemetery in the city of Buenos Aires and becoming one of the most relevant historical and artistic monuments in the country. The people responsible for its creation was the then Governer Martin Rodiquez and his Ministry Bernandino Riviadavia. The first customers were a black free slave called Juan Benito and a young lady called Maria Dolers Maciel. The site is around 54.843 m2 holding 4,800 vaults. In 1881 the front portico was built in Greek…

Paraguay’s New President Woos Foreign Investment

August 24, 2013
Multimillionaire Horacio Cartes made a play for more foreign investment on Thursday as he assumed the presidency of impoverished Paraguay. As his Cabinet chief, Cartes named a man with U.S. ties, including degrees from major American universities and a top post at Coca-Cola Company in Paraguay. Juan Carlos Lopez Moreira Borgognon studied at Stanford and George Washington universities and also attended the American University in Paraguay. “I’m not in politics to make a career of it or become wealthier,”…

Pacific Alliance means business, not weighed down by yesterdays ideology

The Pacific Alliance proves that there is strength in numbers and we all have a lot to gain from working together. We´ve seen this before, haven’t we? Latin American countries coming together to build a bloc that promises to combat U.S. hegemony and bring about radical change in the continent without really saying how they will achieve it. Then along comes the Pacific Alliance, which instead of focusing on ideology and finger pointing, just wants to get down to business. So what is the Pacific Alliance (AP)…

Paraguay Records Meat Exports for 2013 with better to come

 Record meat exports have registered for Paraguay over the first five months of 2013. So far, the amount of meat exported has increased by 55 per cent for the year, putting meat exports at 52 per cent higher in value to the economy than last year. In total, meat shipments have jumped to over 150,000 tons, worth over $570 million to the economy. Positive growth was seen across the carcass. Prime cuts rose to 55,166 tonnes reaching a value of $87.117 to the economy. Bovine offal shipments, to a total of 24 countries,…

Where to buy a vineyard today – you might be surprised

A Rough Guide to Buying a Vineyard Compiling a worldwide list of what’s hot and what’s not in the vineyard world is a complicated task. But Mark Hazell of VineSmart.com, a global vineyard sales website, says that as a rough guide France, Italy, Spain and Portugal tend to be the first pick for many European buyers. “After that, it’s probably Australia, New Zealand and Argentina,” followed by Germany, Bulgaria and Croatia. Only then does South Africa figure on the list. Its low ranking – although…

The hard facts about Paraguay – FAQ for the new investor

  PROFILEGeography Area: 406,752 sq. km. (157,047 sq. mi.); about the size of California. Cities: Capital–Asuncion (pop. 518,945). Other cities–Ciudad del Este, Concepcion, Encarnacion, Pedro Juan Caballero, Coronel Oviedo. Terrain: East of the Paraguay River there are grassy plains, wooded hills, tropical forests; west of the Paraguay River (Chaco region) is low, flat, marshy plain. Climate: Temperate east of the Paraguay River, semiarid to the west.People  Nationality: Noun and adjective–Paraguayan(s).…

Thinking of selling your property in Argentina. This is what you need to know

These are some of the items that need to be addressed if you are thinking of selling your property in Argentina with GTSA. A professional valuation. A considerable amount of property put into the market is overpriced and therefore doomed not to sell or could be undersold by vendors not getting it valued by an experienced valuer.  Try not to use the same real estate company that is likely to sell it or it could well be overpriced as they attempt to get your listing. Sales Authorization: A sales authorization…

Real Estate is booming throughout Latin America except in Argentina where it is bust

  July 29, 2013 In a region where booming real estate markets have governments from Chile to Brazil to Colombia warning of potential property bubbles, Argentina stands out as a bust. Two years after President Cristina Fernandez de Kirchner clamped down on Argentines’ purchase of dollars, the currency of choice for real-estate transactions, the housing industry is grinding to a halt. While prices soared to records in Sanhattan, a high-end strip in Santiago, Rio de Janeiro and Medellin, Colombia, in Buenos…

These upcoming Foreign Investments in Argentina have been confirmed by foreign investors

Argentina will receive an injection of Foreign Investments  in the coming months, both European companies such as automotive Volvo to Latin American as the Brazilian cement company Camargo Correa, the local Foreign Ministry reported. Several international companies announced investments last week, being the most prominent are those from the automotive sector, said a statement today by ministerial media. Volvo confirmed that it will invest 15 million dollars to renovate and expand its dealerships in Argentina,…

Brazil enacts anti-bribery law required by OECD making it harder to make or receive them

Bribing a public official in Brazil could become a very onerous mistake for local and foreign businesses under a law enacted that for the first time makes companies liable for bribes paid by their employees. Companies found guilty of bribery will face fines of up to 20 percent of their gross annual revenue for the previous year or a maximum of 60 million reais ($26.22 million). They could also be suspended from operating, have assets confiscated and even face possible dissolution. Brazil’s Congress passed…