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Where to buy a vineyard today – you might be surprised

A Rough Guide to Buying a Vineyard Compiling a worldwide list of what’s hot and what’s not in the vineyard world is a complicated task. But Mark Hazell of VineSmart.com, a global vineyard sales website, says that as a rough guide France, Italy, Spain and Portugal tend to be the first pick for many European buyers. “After that, it’s probably Australia, New Zealand and Argentina,” followed by Germany, Bulgaria and Croatia. Only then does South Africa figure on the list. Its low ranking – although…

The hard facts about Paraguay – FAQ for the new investor

  PROFILEGeography Area: 406,752 sq. km. (157,047 sq. mi.); about the size of California. Cities: Capital–Asuncion (pop. 518,945). Other cities–Ciudad del Este, Concepcion, Encarnacion, Pedro Juan Caballero, Coronel Oviedo. Terrain: East of the Paraguay River there are grassy plains, wooded hills, tropical forests; west of the Paraguay River (Chaco region) is low, flat, marshy plain. Climate: Temperate east of the Paraguay River, semiarid to the west.People  Nationality: Noun and adjective–Paraguayan(s).…

Thinking of selling your property in Argentina. This is what you need to know

These are some of the items that need to be addressed if you are thinking of selling your property in Argentina with GTSA. A professional valuation. A considerable amount of property put into the market is overpriced and therefore doomed not to sell or could be undersold by vendors not getting it valued by an experienced valuer.  Try not to use the same real estate company that is likely to sell it or it could well be overpriced as they attempt to get your listing. Sales Authorization: A sales authorization…

Real Estate is booming throughout Latin America except in Argentina where it is bust

  July 29, 2013 In a region where booming real estate markets have governments from Chile to Brazil to Colombia warning of potential property bubbles, Argentina stands out as a bust. Two years after President Cristina Fernandez de Kirchner clamped down on Argentines’ purchase of dollars, the currency of choice for real-estate transactions, the housing industry is grinding to a halt. While prices soared to records in Sanhattan, a high-end strip in Santiago, Rio de Janeiro and Medellin, Colombia, in Buenos…

These upcoming Foreign Investments in Argentina have been confirmed by foreign investors

Argentina will receive an injection of Foreign Investments  in the coming months, both European companies such as automotive Volvo to Latin American as the Brazilian cement company Camargo Correa, the local Foreign Ministry reported. Several international companies announced investments last week, being the most prominent are those from the automotive sector, said a statement today by ministerial media. Volvo confirmed that it will invest 15 million dollars to renovate and expand its dealerships in Argentina,…

Brazil enacts anti-bribery law required by OECD making it harder to make or receive them

Bribing a public official in Brazil could become a very onerous mistake for local and foreign businesses under a law enacted that for the first time makes companies liable for bribes paid by their employees. Companies found guilty of bribery will face fines of up to 20 percent of their gross annual revenue for the previous year or a maximum of 60 million reais ($26.22 million). They could also be suspended from operating, have assets confiscated and even face possible dissolution. Brazil’s Congress passed…

Chile first and Peru second on global economic optimism survey

In spite of the fact that Peru’s level of optimism fell by 12 percentage points for the second quarter and 10 points with regard to the second quarter of 2013, the Andean nation remains among the top of the list of global economic optimism. Chile first and Peru came in second place with 86 percent of businesses being optimistic, along with the United Arab Emirates. Chile was the most optimistic country globally with 88 percent of businesses reporting optimism, according to recent research by the audit and…

The importance of China for Uruguay Soya production cannot be overstated

Soya is part of the legume family which originated from Asia, which has a very high content of oil and protein. It is cultivated during the summer season in the southern hemisphere between the months of January and September depending if its a first or second crop, the harvesting takes place between March to May or June each year. The plant reaches 80 cm in height. It is one of the most consumed grains around the world due to its multiple uses. The grain of soybean and its by-products (oil and soybean meal…

Will Argentine Residential Real Estate Prices keep falling ?

The real estate market has two paths Either route will bring the prices down. The only question is do we choose the path of the United States or Spain,  either way prices  will not stop falling. How to invest in this environment? During the past ten years real estate investment was one of the most popular chosen by Argentine savers. In almost 100% of cases these investments went well.  That was with a growing economy and rising incomes, due to an external commodity boom driven by China, investors had little…

Black River Asset Management owned by Cargill in the US prepares to buy more land

  Black River Asset Management is targeting at least $400 million for its second agriculture-focused investment fund. According to a person familiar with the firm’s plans, the Black River Agriculture Fund 2 LP could collect up to $500 million, but will raise at least $400 million for the vehicle. So far the fund has closed on $90.1 million, according to a filing with the Securities and Exchange Commission . The bulk of the financing came as a $75 million commitment from the Teachers’ Retirement…

Dairy Farming News from South America

Dairy Farming News from South America Recent rains in Uruguay have firmed up dairy production and we are seeing month over month increases in milk production from June 2013 to July 2013.  Milk prices are robust at close to $0.40 a liter with the US$ hovering around UP$ 21.  All indications are that Conaprole is promoting increased milk production to meet WMP export opportunities.  This is good for Uruguay’s dairymen and the industry after the fiasco with the small processing plant owned by Mexican investors…

Dairy Farming in Southern Chile is not unlike farming in New Zealand except the returns are much better

Dairy farming has lots of potential in Southern Chile. Already one New Zealand dairy company called Manuka amongst others has got itself firmly established.  Seventy per cent is owned by five cornerstone investing families, including the Van der Heyden family, and Mark and Diane Townshend of Fonterra fame. Since establishing operations in early 2005, Manuka has now established itself as a significant foreign investor in Chile’s dairy industry. So much so that Manuka now milks 25,000 of Chile’s…

Hard learned lessons learned by India Jindal’s Bolivian Mine investment failure on what not to do when investing in South America

Lessons from India Jindal’s Bolivian Mine investment failure Jindal’s integrated mining and steel project in Bolivia was the largest contract secured by an Indian company in Latin America. The project, which ultimately became a victim of the country’s domestic politics, has lessons for Indian companies venturing into Latin America. Bolivian President Evo Morales greeted Indian investor Naveen Jindal (L) saying ‘I’m also Indian’ By Ambassador R. Viswanathan (*) – ¨Hermano… Yo tambien…

You cant afford to buy a farm in South America ? Maybe these are another options

Farmlands in Brazil and Argentina are some of the most fertile, productive and sought after in the world, but investors looking at the continent should be cautious. Brazil and Argentina  currently have laws that place certain limits on the foreign ownership (individuals and corporations) of farmland. Other farm in South America  countries like Chile, Paraguay and Uruguay are much more foreign business friendly. But Chile (very mountainous) and Uruguay (small country) offer comparatively fewer farmland opportunities…

What Questions to Ask A Real Estate Salesperson before hiring them?

I have put together some questions that anyone who is thinking of selling their real estate should consider asking when interviewing a potential sales person or company to use. Before interviewing them do some homework. The most important is to check their Web Presence. Without this they should not be on your list of potential brokers. Google them. Questions to Ask when interviewing an unknown Real Estate Salesperson How do you get your listings ? From your company or from past referrals. Past referrals means…