Chile has a boom in people opening new USD checking accounts

The boom of checking accounts in dollars in Chile continues unabated: over 100,000 accounts were opened during the first quarter. There was a 400% growth in openings during the first three months of the year in the corporate segment. According to Bloomberg data, Chileans are still firmly embracing the dollar, despite the US currency depreciating nearly 8% so far this year. According to the latest statistics published by the Financial Market Commission (CMF), over 104,000 openings of checking accounts in dollars…

So you want to buy farm land in South America – What are the options ?

So you want to be a landowner in South America Investing in farmland can make for an intriguing alternative to the stock market. Farmland is safe historically, an excellent hedge against inflation and is an asset class that does not correlate with the normal stock market. As the world’s population continues to grow (9.15 billion estimates by 2050) and the global middle class continues to emerge (with changing dietary habits toward more calories and meat), farmland is poised to become an even more intriguing…

Chilean Agro Businesses are very diverse

Chilean Agriculture Chile is a leading producer and exporter of some of the world’s finest fruits, berries, vegetables, fish, shellfish, poultry, meats, and its premium wines.  Chile is the world’s largest exporter of fresh grapes (29%), plums (23%), and fresh fish fillets (22%); second largest exporter of frozen pacific salmon (30%), avocados (16%), and other frozen fish (10%). Chile is the fifth largest exporter in the world of wine (5%) and frozen pork meat (5%). [Source: Chilean International Economic…

Investment in Farmland in 2023

image of Investment in Farmland
Investment in farmland suitable for livestock or crops is the safest investment, especially long-term, i.e. 5 to 10 years. It is an area little studied by modern investors, who have remained in the dot com investors world and have forgotten the traditional investment: farms. Today, the following observation is most certain. Where there is arable land in a stable political environment with clear rules and access to ports, you can make a minimum investment of 9% and a capitalization rate of 4%. These figures…

The Chilian experience on how the Far Left is paving the way for the Far Right to rule

Chileans have been on a wild ride in the past year, going from a far-left constitutional convention rejected by two-thirds of voters to a new Constitutional Council with a far-right party in the driver’s seat. But what is going on? Have Chile’s famous cabernets and carménères gone to voters’ heads? The answer lies in the global and regional trends of right-wing populism, from Donald Trump in the US to Jair Bolsonaro in Brazil. El Salvador’s Nayib Bukele declared war on drugs and gangs,…

Answers to Frequently Asked Questions about GTSA

Who are we, and why do we have such a strong web presence with those looking to invest in South American Real Estate? The general characteristics that set Gateway to South America apart from other real estate agencies in the region could be summarised by the following:               Contact the Gateway to South America team to learn about the best investment opportunities in the region. The company is a benchmark for foreign investors wishing to invest in Argentina, Brazil,…

What happened to biofuels?

Energy technology: Making large amounts of fuel from organic matter has proved to be more complex and costly than expected SCIENTISTS have long known how to convert various organic materials into liquid fuel. Trees, shrubs, grasses, seeds, fungi, seaweed, algae and animal fats have all been turned into biofuels to power cars, ships and planes. As well as being available to countries without tar sands, shale fields or gushers, biofuels can help reduce greenhouse-gas emissions by providing an alternative to releasing…

A warning for South American Wine exporters – Counterfeiting is rife in your primary markets

South America is producing some of the best wines export in the world . In 2014 an Argentine Malbec won the prize for being the best red wine in the world. Counterfieting is of deep concern to many South American exporters, including winemakers. Asia is a major transgressor in this regard. The statistics of counterfeiting make alarming reading. The most recent OECD estimate dates from 2007, when it says cross-border counterfeiting totalled around US$250 billion annually and almost two percent of global trade…

Better News for Chile’s Investors

The Republican Party of the “centre-right” has emerged victorious in the election to determine the members of the body responsible for drafting Chile’s new constitution. The Republican Party secured 22 of the 51 seats, with right-wing parties obtaining the remaining 11 seats. This constitutional assembly is to create a new constitution to supersede the one instituted during the military rule of General Augusto Pinochet. Last year, a referendum rejected a draft proposed by a previous assembly.…

Chile’s breadbasket Angol moves to the country’s new fruit-growing region

According to the Chilean Office for Agricultural Politics and Studies (ODEPA), in the last 20 years, the planted area with fruit trees in Chile has increased at an average annual rate of 3.2% between 1999 and 2019, from 182,000 hectares to more than 340,000 hectares. All regions have registered an increase in their surface, highlighting increases in cherry (13.2%), walnuts (9.3%), hazelnuts (39.8%), olives (11.4%) and blueberries (23.8%). Thanks to these growths, among other crops, Chile has been an agro-exporting…

Scientists now agree transgenic crops ( GM) are safe after years of study

Scientists now agree transgenic crops ( GM) are safe after years of study Activists who flip-flopped on genetically modified farming Environmentalists frequently criticize transgenic crops. Until recently, Mark Lynas was no exception. A British journalist, researcher and activist, Lynas helped found the movement against genetically modified (GM) foods in the mid-1990s. But as time went on, he started questioning his views, leading him to publicly denounce his previous positions during a speech at the Oxford…

The Southern Cone of South America, are major farm machinery manufacturers

Several major agricultural machinery brands are manufactured in the Southern Cone of South America, including: These are just a few examples of the major agricultural machinery brands manufactured in the Southern Cone of South America. Contact the Gateway to South America team to learn about the best investment opportunities in the region. The company is a benchmark for foreign investors wishing to invest in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay, providing expert advice on property acquisition…

Which Latam Countries have become more open to trade

The article discusses the evolution of trade openness in Latin American countries over the past 60 years, highlighting the growth and diversification of some economies while cautioning against the potential adverse effects of increased dependence on trade. Key takeaways:1. Trade openness, measured as the percentage of GDP made up by a country’s total two-way trade, has grown significantly in many Latin American countries since 1960, with Mexico leading the way with a 300% increase.2. A drop in trade openness…

Is the US dollars Dominance ending in Trade?

Despite recent doubts about the dominance of the US dollar as a global reserve currency, its position remains strong due to its immense starting advantage, network effects, and the supply of safe assets available to dollar investors. While individual countries can circumvent the dominant system, a shift to a multipolar system of currencies is not imminent and would be inherently less stable. The reason why not: Counter arguments: Conclusion: China’s controlled flows of capital and current-account surpluses…

South American three-year drought partly driven by ‘triple-dip’ La Niña

Southern Brazil, Paraguay and northeastern Argentina are still experiencing a severe drought affecting soybean and maize production. Brazil, Argentina and Paraguay, South America’s three major agricultural producers, are experiencing a prolonged drought and low water levels in their main rivers. This severely impacts harvests and river transport of important summer crops, with maize and soybeans the main casualties.  Although conditions may improve, the grain harvests of 2022 and 2023 could result in…
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