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Powers of Attorney in Chile

A power of attorney can be executed for just about anything in Chile. Powers of attorney should be limited in scope to particular tasks or goals, and they MUST be drafted by a qualified attorney. A poorly drafted power of attorney, after getting all the proper authorizations outside the country, can ultimately be rejected or accepted by each notary, government office,…

Chile Temporary vs. Permanent Residency

“Temporary residency” (residencia temporaria) refers to the time you must be physically in Chile within a one year period, before qualifying for permanent residency (Permanencia Definitiva). For most visa types, this time is 180 days, within a one year period. These do not need to be consecutive days physically present in the country but must…

Bono and the widow of Steve Jobs invest in education in Argentina and the region

The leader of U2 along with other philanthropists like the founders of EBay and Linkedin decided to bet on a project to develop digital skills. Bono, the singer, and leader of the legendary band U2 is one of the investors of TICMAS, a new educational project that will drive the development of digital skills and competencies…

The experience of living in a historic building in Buenos Aires

Kavanagh Building The emblematic Kavanagh building, located in Florida 1065 is a symbol of the architecture of Buenos Aires and the reference of the Art Deco movement. The construction was inaugurated in January 1936, at the initiative of Corina Kavanagh and was constructed in a record time of 14 months. At the time, with a height…

Understanding China’s view of the world

  Yukon Huang is a senior fellow with the Asia Program. He was formerly the World Bank’s country director for China and earlier director for Russia and the Former Soviet Union Republics. He is an adviser to the World Bank, Asian Development Bank, Asian Infrastructure Investment Bank, and various governments and corporations. His research focuses on China’s economy and its regional…

China-Latin America trade enters a new era

Chinese and Latin American ties have entered a new era with Chinese Foreign Minister Wang Yi’s visit to Chile, Uruguay, and through the second Ministerial Meeting of the Forum of China and CELAC. The multilateral framework will initiate further collaboration under the Belt and Road Initiative and Asian Infrastructure Investment Bank, laying a solid foundation for the upcoming China-Latin…

Doing Business in Latin America: Common Cultural Stumbling Blocks

Latin America expert Marcelo Baudino outlines the four most common cultural stumbling blocks doing business in LatAm. TCO International Director David Trickey sat down with Latin America expert Marcelo Baudino (Director of Iceberg Cultural Intelligence) to talk about Latin America: it’s scope, it’s surprising diversity,…

Christoph Jakob Ehrbar: “We must aim more at the quality of the wine than to the quantity”

In 2001, Donald Hess decided to found Argentina’s oldest winery. He, a Swiss known worldwide for being a successful wine entrepreneur, already having vineyards in the United States, Australia and South Africa, but wanted to settle in South America. He went to Chile, but he found it too similar to Switzerland…

A snapshot of Argentine farming sectors changes

image of South American crops
Where agribusiness goes in Argentina, so does the country. The latest National Survey of Agricultural Producers (ENPA), was conducted the Agribusiness Centre of the Universidad Austral, in partnership with the Centre for Agribusiness at Purdue University (USA), reflects how the farming activity is changing in the view of many producers.  A new model,…

New varieties account for 11% of the 2017-18 Chilean table grape exports

With the Chilean table grape export season almost over, resulting in 731,851 tons up to week 25,  this figure is only 811 tons lower than the total exported in the previous season. This is is a good sign, certainly when considering the rains that affected the late varieties harvest in the Chilean central-south zone. Although major…

The Forestry industry in Argentina: Opportunities and challenges for this neglected sector

From the forests of the Provinces of Corrientes, Entre Rios and Misiones to a new building being constructed in Santa Fe, a bookstore in Tierra del Fuego or furniture in the shops of Buenos Aires, the forestry industry involves a number of dissimilar activities linked by the cycle of wood from the tasks of…

Argentina’s worst drought in 50 years has crushed the country’s cash flow

The economic activity in April fell 0.9% annualised and 2.7% in March, but with a production drop of 30% in agriculture and livestock. It is thought the degree of the drop could reflect the beginning of a short-term recession. The worst drought in 50 years struck negatively with economic activity in April, which fell 0.9%…

LatAm Investor – Latin America Loves Trade Deals

What happened? Chile, Mexico and Peru in March became members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The agreement reduces tariffs between 11 countries, including Japan and Canada, which amount to 13% of the global economy. Against the backdrop of President Trump’s withdrawal from the deal and doubts over the future of NAFTA, the CPTPP…

Technology and its distruptive impact on the real estate industry

What is the transformative impact of technology for Real Estate Brokers . “Real Estate Agents will not be replaced by technology …. they will be replaced by agents with technology.” – Peter Williams – CEO of Deloitte Digital The principle here is that the real estate industry is not in imminent danger of…

Harvard’s Endowment writes down huge losses in Brazilian Farmland

As of Q3 2017, Harvard’s endowment was valued at USD 37.1 billion. This ranked Harvard first out of 1,158 ranked university endowments in the United States. In its fiscal year which ended June 30, 2017, Harvard wrote down its natural resources portfolio 28 percent from USD 4 billion to USD 2.9 billion. This USD 1.1 billion write-down – or financial loss – occurred partly from Harvard’s…