South American Real Estate News
/ Month / August

Peru outshines its neighbours in South America

image of Peru outshines its neighbours in South America
Peru outshines its neighbours in South America in 2016, with a 58% rise in the Lima General Index, followed by the Bovespa in Brazil with 37% and Argentina’s Merval with 33%. Peru has a steep rise in GDP projected of 3.8%. By contrast, in Brazil and Argentina, the earnings will be only on stock this year. Argentina expects to end the year with a negative growth of -0.8%, and it is even worse for Brazil, with a negative growth of -3.5%. In the case of Argentina, there is agreement by different analysts…

Paraguay attracts investments from Uruguay

image of Paraguay attracts investments from Uruguay
Luis Chase, Ambassador of Paraguay in Uruguay, has commented on the fact that in recent years Paraguay has attracted investments from Uruguay, that this is due to the “Policy of the three 10s”: 10% VAT, 10% tax on corporate income and 10% personal income tax. Ambassador Chase added: “In Paraguay there is a fair balance between capital and labour, and few labour disputes.” He also stated that this “facilitates investment, protects it, it cannot be impounded,” and that “Paraguay…

The Best Real Estate Marketing Tips For Selling a Property in 2016

If you are like most people, selling your property is probably one of the largest financial transactions you will make in your life, so here are some tips for selling a property in 2016 quickly, in particular, if it is located in the South America region. There will be other properties in competition with you, so you will need to pull out all the stops to get your property in front of the most qualified buyers both locally and internationally. The following marketing ideas may be useful to you, helping you…

How to find Affordable Real Estate in Chile

The Do’s and Don’ts of Buying Real Estate in Chile Acquiring or even selling property can be a complicated exercise for the inexperienced;  the following is an outline of the basic principles of the issues faced when buying or selling a property and in particular, to help those looking for affordable real estate in Chile. Keep in mind that most foreigners who have bought in the past, without experienced professional assistance, ended up overpaying for the property. It is called locally…

Chile to change the most radical of Pinochet economic legacies

One of Pinochet economic legacies is about to be changed. Chile’s President Michelle Bachelet proposed changes to the most radical of all the economic reforms of former dictator Augusto Pinochet — the private pension system that inspired a wave of similar projects worldwide. For the first time, companies will have to contribute to the system, which until now depended on payments by workers to private savings accounts, Bachelet said in a televised address to the nation late Tuesday, August 9. The proposals…

Argentina’s Central Bank relaxes foreign-exchange restrictions

Argentina’s central bank moved one step closer to allowing the free flow of foreign currency when it removed a limit on how much of their savings individuals and companies can convert into dollars. Policy makers, in a statement on August 8, also said they will cut the amount of paperwork companies must submit to justify dollar purchases and reduce the categories of foreign exchange transactions that must be reported to the government to 70 from 315. The central bank previously limited conversions to dollars…