South American Real Estate News
/ Month / November

🐄 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…

☀ A look at the Potential for future growth in Latin America

A look at the potential for future growth in Latin America If you take a look at this scorecard done in 2104 and then compare in 2017, we believe you will see some surprising changes if a creditable government gets into power in Argentina in November 2015. Not only will Argentina boom it will lift its neighbours economies. In particular Uruguay and Paraguay. The scorecard also helps us identify areas where a country needs to invest to achieve its higher growth potential. The clear leaders in the region…

♚ Argentina’s Kirchner Presidential Favourite to win has already lost ?

President Cristina Fernández de Kirchner tried to pick her successor hoping a weak candidate would allow her to return in triumph in four years time. However, things went badly sideways. It seemed like a winning game plan at the time. Daniel Scioli, the presidential candidate for Argentina’s ruling party, promised voters a continuation of the outgoing government’s leftist policies, with a few tweaks to lure back those who’d drifted away over its 12 years in power. Many pollsters predicted Scioli to…

Who Will Win Argentina’s Presidential Election? And Who Will Benefit?

On Nov. 22, Argentines will go to the polls to elect a new president. It’s a watershed moment for the country, as the late Néstor Kirchner and then his wife, Cristina Fernández de Kirchner, have held the president’s office for 12 years — long and arduous years for the Argentina people. During their back-to-back tenures, Argentina has experienced recession, high bouts of inflation, disputes with creditors and fiscal deficits. In 2009 it was downgraded from an emerging market to a frontier…

☭ Nueva Australia in Paraguay was Australia’s experimentation with Communism

Should you ever find yourself in eastern Paraguay, you might encounter a small township called Nueva Australia (New Australia). Therein lies a fascinating tale, known by informed Australians, but I’ve never met a New Zealander familiar with it. Its roots go back to an 1890 bitter Queensland shearers’ strike which quickly spread to other unions and into New South Wales. Such was the hatred between the striking workers and the bosses, it literally reached the stage of potential civil war, illustrated…

Olam, Singapore owner of Argentine and Uruguay farms profit slumps

Photo: CEO Sunny Verghese Olam Olam International Ltd., a Singapore commodity trader controlled by the city’s state investment company and owner of considerable land holdings in South America, reported a 30 percent drop in third-quarter profit as sales of food staples declined and subsidiary like New Zealand Farm Systems continued to struggle.  Olam purchased 100% of NZFS in 2012 from its New Zealand based shareholders hoping to turn this 49 farm, 85,000 stock units around from previous years of below par…

China’s slowdown will hurt South America

China’s slowdown will need to be well managed in the major South American economies of Argentina, Brazil and Venuszula or it will mean increased poverty and social unrest. This is the message from the China Business Summit for those willing to listen. Whilst China was booming, populist policies with no accountability and combined high levels of corruption from within these countries  could be papered over by the draining of Reserves and the plundering of Government coffers. Now the financial situation…

Uruguay’s Property Prices show mixed results

After two years of house price falls Uruguay’ property prices still show mixed results. In Montevideo Uruguay’s capital city property market is now showing slow signs of modest improvement. On the other hand luxury resorts like Punta del Este once a haven for undeclared money prices have declined with little demand for anything but prime properties that are well priced. During 2014, house prices in the capital city Montevideo rose by 4.6%, to an average of US$159,522, based on data compiled by…

✔ Argentines are the most fluent English-speakers in Latin America

Argentines are the most fluent English-speakers in Latin America according to the EF English Proficiency Index 2015 report — a study that analyzes the State of Worldwide English Proficiency. Globally the country came in 15th place out of the 70 countries that participated in the study, which uses test data from 910,000 adults. Although first place went to Sweden, as it earned 70.94 points according to the English Proficient Index point system used, Argentina was well ahead of its neighbours with a 60.26 point…