South American Real Estate News
/ Year / 2015

Brazil’s economy enters ‘outright depression’

Brazil’s Economy is in Depression Brazil’s economy shrank more than analysts forecast, as rising unemployment and higher inflation sapped domestic demand, pulling the South America largest economy deeper into what Goldman Sachs now calls “an outright depression”. Gross domestic product in Brazil contracted 1.7 per cent in the three months ended in September, after a revised 2.1 per cent drop the previous quarter, the national statistics institute said in Rio de Janeiro. That’s…

STRONG WINDS OF CHANGE IN ARGENTINA

Change in Argentina takes hold Argentina has been dealt a winning hand after 70 yrs of failed policies which removed it from its peer group, Australia and Canada into a economic basket case and a social disaster. With corruption so high it would make your eyes water, and abject record poverty hiding behind lying statistics most investors have given up long ago and concentrated on the more progressive economies of Chile, Peru, Paraguay and Uruguay. The general consensus was the past Kirchner Government was…

ARGENTINA’S WIND RESOURCE IS TO BE EXPLOITED

ARGENTINA’S WIND RESOURCE IS TO BE EXPLOITED Following the surprise victory of Mauricio Macri in Argentina’s presidential elections in November, all eyes are on what is seen as a very competent new government lineup to kick-start the country’s economy which is struggling after years of interventionist and incompetent policies and poor management. The election result bodes well for players in the country’s energy sector which struggled with chronic underinvestment since authorities froze…

🐄 Brazil Farmers profit despite politicial and financial turmoil

Brazil Farmers Profit from the Caos A consequence of economic stress in Brazil, Latin America’s biggest country is a weak currency that has turbo-charged export revenue for everything from soybeans to beef to coffee. Even as global surpluses spark a commodity slump, the drop in the Brazilian real against the dollar is so steep that farmers still come out ahead. Agriculture revenue will rise to a sixth straight annual record this year and grow again in 2016, the government predicts. “That’s the only part…

Conservationist Douglas Tompkins dies during kayak accident in Chilean Patagonia

Laguna Blanca Entre Ríos Province, a Tompkins Project
Douglas Tompkins Dies in boating Accident Douglas Tompkins, 72, the renowned conservationist and co-founder of The North Face, died on Tuesday in a kayaking accident in Lake General Carrera, on the Chilean side of Patagonia. He reportedly capsized in the water and suffered severe hypothermia. Tompkins is perhaps most famous for founding The North Face, then a mail order operation, in 1964. A climbing and backpacking enthusiast from the San Francisco Bay Area, Tompkins was friends with another outdoor enthusiast-turned-retailer,…

Uruguay makes dramatic shift to nearly 95% electricity from clean energy

Energías Renovables en Argentina
Uruguay Produces 95% electricity from clean energy  In less than 10 years Uruguay has slashed its carbon footprint and lowered electricity costs, without any government subsidies becoming a clean green role model for the region producing 95% electricity from clean energy. Delegates at the Paris summit and surrounding countries could learn much from its success in obtaining 95% Clean Energy. As the world gathers in Paris for the daunting task of switching from fossil fuels to renewable energy, one small country…

💰 Argentine Agriculture will boost farm production up to 50%

Argentine Agriculture will boost farm production dramatically  Gustavo Grobocopatel, head of the  South American agro-business Grobo group anticipated that with the measures announced by the team of president elect Mauricio Macri  to be implemented from the 10 December, Argentine Agriculture is going to increase by 40% to 50%”, meaning more dollars for industry, jobs and services. The head of the group or King-Soy as he is known in Argentina said that the ”drop in export levies is important and symbolic,…

💉 Brazil’s economy is a disaster

From a wonder economy a few years ago Brazils current populist government is now dragging the new middle class back into poverty. Endless corruption scandals at the highest levels have frightened off existing and  potential investors leaving the country with few options to recover. Few world leaders have gone to the Paris climate talks for a break. President Dilma Rousseff may be an exception. Two in three Brazilians think her government is doing a bad job. That’s the good news: in August even more did.…

Argentina seek urgent talks on Malvinas Sovereignty

After a long period of past failed attempts of  negotiation with the UK Argentina will seek an urgent resolution to the ongoing Malvinas dispute to bring to an end this thorn in side for Argentine Sovereignty  Argentina recalls UN Resolution 2065 fiftieth anniversary and renews call for Malvinas/ Falklands’ negotiations immediately. Argentina’s Foreign ministry recalled that on 16 December the country commemorates the 50th anniversary of UN General Assembly Resolution 2065, the first referred…

🐄 Uruguay sends Organic Beef to US market

Read in Spanish The USDA “Never Ever 3”  ( Organic Beef ) distinction means beef is 100% free of antibiotics, growth hormones or animal by-products PHILADELPHIA– A group of business leaders and government officials from Uruguay and the United States gathered on November 5, 2015 at The Union League of Philadelphia to introduce Uruguay’s Natural Beef “Never Ever 3” (NE3) product into American markets. NE3 is a standard of certification by the U. S. Department of Agriculture which requires an open…

Chile Investors need a RUT Tax Number

Chile Investors need a RUT Tax Number  There are two types of numbers commonly referred to as a “RUT” in Chile. A temporary RUT for foreigners is only a tax payer ID number. Another type of “RUT” (sometimes called RUN) is for Chilean citizens and Chilean Residents. The permanent RUT for citizens and national is a national ID number, similar to a Social Security Number in the United States, and is used for passports, tax issues, ID, and many other things. Companies are also issued “RUT” numbers…

10 Hot Tips When Wanting to Sell a Residential Property for a Top Price

Experienced vendors already know these tips but they are worth repeating so those less experienced can gain from their knowledge. The following are buyer turn-off’s that vendors should avoid at all costs or run the risk of losing a buyer and worse having the property on the market for a longer time than necessary. Properties on the market for a long time are known to sell for less money with the market assuming there is something wrong with the property or the ownership that is negative. If you present…

Urbanisation – Governance Report from Peru

Peru has experienced strong growth in recent years and now is suffering growing pains that will need to be addressed if the social contract is to be respected.
Urbanisation – Governance Report on Peru This hard hitting report on the growing pains of Peru as it tries to balance economic growth with middle class wants and is a must read for any serious investor looking at Peru. GTSA is looking to expand it services there in 2016. The glittering Real Plaza shopping centre in the Comas district north of Lima buzzes with middle-class energy, featuring franchises like Popeye’s and KFC, DirecTV and RadioShack, McDonald’s, China Wok and even a multi-screen “Cineplanet”…

👓 ARGENTINA: NEW PRESIDENT NEW OPPORTUNITIES: DCDB Research

PEOPLE ARE TALKING ABOUT ARGENTINA’S NEW PRESIDENT FOR ALL THE RIGHT REASONS Read part of  DCDB latest report on Argentina’s change of direction. Argentina: New President, New Opportunities Argentina’s new president-elect Mauricio Macri is set to usher in a new era after 12 years of leftist government. He takes power on 10 December, 2015. Markets expect that President Macri will settle a lawsuit with holdout creditors, return the country to international capital markets, and promote growth. Mauricio…

☀ Argentine agricultural sector importance for the world economy

Argentina is a vast country, rich in natural resources, blessed with good soil and excellent weather. Twenty per cent of GDP is agriculture related, making the agricultural sector in Argentina important for the world economy. As the land available for agricultural production around the world becomes increasingly scarce, yield will be key to maintaining food supplies in the future. And few agricultural economies can compete with the yields obtained by Argentinean farmers. Argentina is the world’s largest exporter…