South American Real Estate News
/ Month / February

FATCA – America’s tax rort is exposed

The FATCA or the Foreign Account Tax Compliance Act. This is one-sided law which forces other countries to enforce US tax laws. If they fail to do so, they’re effectively locked out of US markets and the US dollar – the world’s reserve currency (at least for now). FATCA imposes a 30% withholding tax on interest, dividends, rents, and similar payments leaving the US. The only way to avoid the tax is for foreign financial institutions (FFIs) to act as unpaid IRS informants. Withholding came into effect…

China is Latin America’s leading banker: 22bn dollars in 2014

China is Latin America’s leading banker: 22bn dollars in 2014 Loans by China’s state-owned banks to Latin American countries rose by 71% to 22bn dollars in 2014, according to estimates published by the China-Latin America Finance Database. The figure is the second largest on record for Chinese lending in Latin America, according to the report. The Chinese loans exceed the combined worth of those by the World Bank and the Inter-American Development Bank, the authors say. Brazil alone received 8.6bn,…

A country profile of Bolivia

Bolivia is a country of statistical extremes, landlocked Bolivia is the highest and most isolated country in South America. It has the largest proportion of indigenous people, who make up around two-thirds of the population. Though rich in mineral and energy resources, Bolivia is one of South America’s poorest countries. Wealthy urban elites, who are mostly of Spanish ancestry, have traditionally dominated political and economic life, whereas most Bolivians are low-income subsistence farmers, miners,…

Air New Zealand becomes latest Patron Member of the ALABC

Air New Zealand becomes latest Patron Member of the ALABC We are delighted to announce that Air New Zealand has become the ALABC’s latest Patron Member, as it proceeds with putting in place all of the arrangements for the expected December launch of direct flights from Auckland to Buenos Aires. The much-anticipated service will see Air New Zealand and its partner airlines connect flights from Australia and cities throughout Asia to this new three times weekly return service. The service will be offered on…

The Power of Key Words in Advertising

The Power of Key Words in Advertising Words in Advertising: If you ever have any doubts why the keywords are so important in advertising and marketing you should view this video. Anyone wanting to convey a message needs to think carefully about the words whether it is collecting money on the street or selling the most expensive property. It is the same mental thought process.   The Gateway Team – When you are Serious about Property www.gatewaytosouthamerica.com (Visited 52 times, 1 visits today)…

AGRIBUSINESS REPORT: Latin America from a New Zealand prospective

AGRIBUSINESS REPORT “While some of the industries may be 20 years behind Western Countries, they’re not going to take 20 years to catch up,” said Matt Macfie, of Gallagher based in New Zealand. This epitomises the approach of the increasing number of New Zealand agricultural businesses with involvement in Latin America, many of whom deliver value propositions to the South American agricultural industry which aim to lift performance and productivity to parallel New Zealand farming standards.…

Latin American Economic Outlook for 2015

Latin American Economic Outlook for 2015 The Latin American Economic Outlook is the OECD Development Centre’s annual analysis of economic developments in Latin America. This edition’s focus is on the role of education, skills and innovation and published on www.latameconomy.org, a very resourceful site for information on Latin America You can consult the country notes for a quick overview of recent trends and policy changes in education of 10 Latin American countries. You can also read the entire…

Air New Zealand prepares its new Asian links with Latin America

Air New Zealand prepares its new Asian links with Latin America Air New Zealand announced in December last year that it will operate direct Boeing 777-200 transpolar flights to Buenos Aires from Auckland on a code-share basis with Aerolíneas Argentinas as from December, 2015. The airline recently informed LANZBC that it has achieved Branch Registration in Argentina, which is a major step in doing business with the region.  The airline also confirmed that that we can expect to see more coverage of Buenos…

Argentine Malbec conquers world markets

Malbec conquers was originally planted by the Romans in southwest France nearly 2,000 years ago, but the Malbec grape has long left its European roots behind. Today, it is the signature varietal of Argentina and one of the world’s fastest-growing and best-loved wines. To toast its ascent and future prospects, Wines of Argentina, an industry exporters’ group, has declared this Sunday “Malbec World Day” and is organising wine tastings from Armenia to Australia, and from Serbia to Shanghai. Malbec has…

Bad News for the Freedom of the English Press in Argentina

The Buenos Aires Herald has fallen into the hands of a group close to President Cristina Fernandez The Indalo Media group which according to Argentine media belongs to businessman Cristobal Lopez, very close to the Kirchner family has purchased 60% of the Ambito editorial group which includes among others the financial daily Ambito, the Buenos Aires Herald and El Ciudadano from Rosario.  The takeover was confirmed by Orlando Vignatti, the previous owner of the group that now becomes partner of gambling tycoon…

Soprole – Chile was Fonterra’s early footprint in South America

New Zealand’s Fonterra is one of the world’s largest milk producers. One-third of this production comes from overseas countries. The two major suppliers are Chile and Australia but with China catching up very quickly. Unlike the other countries that Fonterra operates, in China they own the farms direct rather than just buying the milk from farmers. In In Chile Fonterra owns a company called Soprole originally in partnership with the Catholic Church but now stands alone with full ownership. It is the largest…

2015 could find Uruguay Banks under Pressure

2015 could find Uruguay Banks under Pressure Fitch Ratings has revised its sector outlook for Uruguayan banks downwards to Stable from Positive. Fitch believes the sector’s growth and financial performance will be pressured in 2015 by declining gross domestic product (GDP) growth, possible increases of international interest rates and a further devaluation of the Uruguayan peso. The sector outlook could be revised to negative under a scenario of even lower profits and a deterioration on asset quality…

Are disruptive technologies like Airbnb and Uber creating another new black economy?

Are disruptive technologies like Airbnb and Uber creating another new black economy? It is called the “shared economy”. It has been embraced by millions of consumers globally, and has made multi-millionaires out of the savvy entrepreneurs behind its most high-profile services, like Uber and Airbnb. But for governments around the world, it has proved to be a difficult beat to police. The likes of Uber, the taxi industry disrupter, and Airbnb, the room-sharing service, have at times refused to play…

Legal Requirements for investing in Paraguay

PRESENTATION When doing business in Paraguay investors should consider various aspects of Paraguayan legislation. This document has been prepared to present an overview of Paraguayan law, addressing the areas that most frequently interest foreign investors. It does not provide an in-depth analysis of any of the laws, decrees or regulations, and thus in itself is not a sufficient basis for decision-making on investments. Information appearing here is current as of May 2011 and show be checked for updates. 2.…

The story of Argentine Malbec´s worldwide success

Argentine Malbec wine investors are benefiting from a new set of new consumers from Shanghai to New York that had quickly adopted Malbec as a favorite new wine. Disenchanted merlot drinkers found malbec to be a great substitute, and steak eaters searching for something to drink besides Cabernet Sauvignon, were pleased with how it paired with their favorite food. Thus Malbec gained traction and by early 2007 was growing rapidly from a small base. By 2009 it achieved a 50% growth rate in one year. Argentine Malbec´s …