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…

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…

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…

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…

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,…

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…

Argentina Attracts Green Capital

image of Argentina Attracts Green Capital
With an extremely bold move by the government of the nation, Argentina is now attracting the green capital that is needed to realise works in clean energy, by using the Decree of Necessity and Emergency number 882 of the Ministry of Mining and Energy, which enshrines in law exceptional measures to ensure foreign investment in renewable energy. This year the government…

Argentina’s economic future is reborn

Energías Renovables en Argentina
Argentina at one time was the poster child for foreign direct investment in Latin America. This came to an end after periods of political, economic and social upheaval left Argentina troubled, however, for example with a populist regime in the past decade that intervened in all sectors of the economy, especially imposing huge protectionist taxes on imports and…

Why the Rio Olympics is not drawing Chinese buyers to Brazil

Even though it seems like Chinese investment levels only go up, Chinese buying does vary by local conditions with the Rio Olympics being a good example. According to Goldman Sachs, the Olympics is a property goldmine that has boosted real estate prices in its host city in the past. Citing Sydney, Los Angeles, and Atlanta as prime examples, the Olympics…

Argentine organises the largest Business and Investment Forum in its history

image for Argentina 2017
President Macri is fronting a forum to the world’s business elite the countries vision of a modern Argentina Argentina is organising a major business and investment forum next month, September 12th to the 15th, in Buenos Aires where more than 1,500 world business leaders and representatives of government and economic institutions…

2016 Electric Power Outlook for Latin America

Energías Renovables en Argentina
BNamericas is a business intelligence companies that focuses Latin America. They have been providing business intelligence for the last 20 years with subscribers from most of the region’s top companies. This is their 2016 Power Outlook for Latin America. Every year they publish a report that is based on surveys that are completed by industry experts…

Argentina kicks off its 1GW Renewable Tender Process

On March 30, 2016, the Executive Branch of Argentina issued Decree No. 531/16, which regulates laws 26,190 and 27,191, and initially establishes the Regulatory Framework for the Promotion of Use of Renewable Energy in Electric Power Generation (the “Regulatory Framework”). The Regulatory Framework sets forth the following milestones for the satisfaction of electric power from renewable…

Paraguay will grow by 3.1% in 2016

chart of Paraguay will grow by 3.1% in 2016
BBVA Research has confirmed its estimate that Paraguay will grow by 3.1% in 2016. The Government of Paraguay also maintains the same expectation of 3.1% this year. If maintained, the trend will show Paraguay to be the third fastest growing economy in the region this year. Juan Ruiz, chief economist at BBVA Research for South America said: “In Paraguay, we…

Entering South America – 7 Essential Tips to make your life easier

Our top tips are based on our experience assisting hundreds of companies enter the Latin American Region and are directly relevant to many of the legal and operating issues which you are likely to encounter. Understanding the different issues will be the difference between a successful entry or one that is filled with stress and problems.…

New Legal Framework for Foreign Direct Investment in Chile

On 1 January 2016, the new legal framework for foreign direct investment in Chile (the “New Law”) was enacted to replace the Decree Law 600 ( ̈DL 600 ̈) that has been in place since 1974. DL600 regulated the entry of foreign capital as investments into Chile. It provided investors with guaranteed certainties, rights and certain tax advantages.…