Selling or buying properties in remote locations

Sellers face many of the same challenges as buyers do. Still, given current market conditions in many South American markets where we operate, we are finding the market is slow for remote properties. They are often owned as second or third investments outside their home location and are only visited once or twice a year. Each Seller’s motivation clearly varies. However, there is a broad spectrum of Sellers, from those content with fair market value and others who really don’t care what fair market value…

Climate Changes starts to bite in the nut industries

The influence of climate and weather on human societies is already apparent to the world’s rural populations: inclement weather can result in failed harvests, higher food prices, unrest, and unrest leading to revolutions. Syria is a good example. The increasing effect of climate change should be a warning to all agricultural investors. This is doubly true for climate-sensitive tree crops, most notably almonds, considered the cannery in the coal mine. Almond trees: fragile flowers Almonds are the fragile flower…

Changing Farmland Investing Options

We think farmland as an investment is something that, in 5-10 years, will be a must in any professionally managed diversified portfolio. We are excited to be at the forefront of reporting the rapid changes in this exciting new market, which is now opening more opportunities for smaller investors via syndicates and specialised agro funds. Those smaller investors ( USD 70,000 to USD 250,000 ) seeking exposure to tangible assets with strong cash yields and low volatility have found it nearly impossible to get…

Inheritance and Wills in Chile

The primary order of inheritance in Chile after someone dies is that of surviving spouse, children, parents, grandparents, siblings, and cousins. This also includes the rights of spouses and children for their direct ascendant or decedent to inherit. You can give a certain percentage of your estate in a will to whomever you like. Still, for the most part, you can not avoid giving these family members with mandatory inheritor rights a portion of your estate by just drafting a will. There are certain exceptions…

Puerto Varas or Little Germany

Argentina
It could be a Little Germany Puerto Varas and its surrounding rolling farmland treat you to breathtaking views of valleys, vineyards, productive farms and, of course, the volcanoes. Most of you know that the most active volcano, the 6,500-foot Calbuco, erupted again after 50 years of inactivity. Fortunately for Chileans and unfortunately for Argentines, the Westerly winds blow most of the Ash over Argentina, leaving this beautiful town unaffected. Those villages closer to the epicentre are not so lucky. Strolling…

Understanding the Mapuche issues when considering buying forest land in Southern Chile

Water extractivism has contributed to water scarcity and has dispossessed people of adequate levels of water consumption in the Mapuche territory of southern Chile. The communities suffering severe water shortages are in the poorest socio-economic strata and are generally located in rural areas; Mapuchecommunities and Chilean peasants are disproportionately affected. Although the Chilean government and its municipalities are making a huge effort to cope with the water crisis by deploying water trucks, according…

A Snapshot of Chile’s Largest Dairy Farm

Manuka is the largest milk producer in Chile, located among the natural beauties of Llanquihue Lake and Osorno Volcano, in the heart of southern Chile, with operations in Los Lagos and Los Ríos regions. They implement the New Zealand grazing model, which takes place on top-quality pastures where their milk is produced sustainably, generating a positive impact by providing security, social development, and economic growth with high respect for the environment, as it deserves. They are committed to generating…

The Necessary Legal Steps to Buy Real Estate in Chile

The three major phases of any property purchase in Chile are negotiation and title search, contract signing or closing, and title registration and payment. Each particular property purchase may have many other considerations, and the timing of these stages may vary greatly; but, broadly, all properties in Chile will go through these three steps or the property purchase sooner or later, or it is not a legally valid or complete purchase. There is one additional phase that is generally optional but common. We…

The dirty secrets property syndicate managers don’t want you to know!

Property Syndicates have become popular worldwide, but they are not all equal. Each has a defined proposal and time frame (or should have). Here is an Australian analysis showing what to watch out for. I hope to enlighten potential investors about the tricks used by property syndicate managers to ‘window dress’ their performance. Some of these tricks can be backed out, and where possible, I have provided the math below. Before we begin, let’s define and recap the role of Index Funds ( REIT). Index Funds…

The early Scots pioneers in Argentina and the Patagonia Austral (Chile)

The early Scots pioneers in Argentina and the Patagonia Austral As part of the massive exodus of European peoples, significant Scots emigrated overseas the hundred years before the First World War. Most settled in the United States of America or Canada, Australia, New Zealand and other parts of Britain’s vast empire. A significant minority, however, emigrated to South American states, Argentina being a popular choice. The first Scots settled there in the years before Argentina became an independent confederation…

The importance of bioceanic corridors for Chile

More than simply routes, bioceanic corridors are an engine for regional development and the key to Latin American integration. Through its strategic location and openness to global trade, Chile is driving ambitious connectivity projects. Bioceanic corridors have become crucial for Latin America’s socioeconomic, tourism, and environmental development. Since the Asunción Declaration in 2015, which prioritised developing the corridor between Porto Murtinho in Brazil and ports in northern Chile, these projects…

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 that you are likely to encounter. Understanding the different issues will be the difference between a successful entry and one that is filled with stress and problems.   Tailor your Company’s constitutional documents

 A company’s articles of association set out the formalities relating to the composition of the board of directors…

Chile’s Economy Forecasts for 2024

Chile has long been regarded as an example of transparency in Latin America, both in the political and financial realms. Over the past decade, Chile has been one of Latin America’s fastest-growing economies. This allowed the country to reduce poverty significantly. The World Bank estimates that COVID-19 could hurt the middle class in Chile, shrinking it by two million people and forcing new middle-class families back into poverty. Even though Chile’s GDP increased in 2022, it was slower than last…

UAE, Argentina, Brazil, Chile, and Paraguay agree to promote a bio-oceanic corridor to connect all four countries

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and leaders of Brazil and Paraguay, Luiz Inácio Lula da Silva and Santiago Peña, witnessed the signing of a joint declaration for cooperation on the Bi-Oceanic Corridor. Argentina, Brazil, Chile, the United Arab Emirates (UAE), and Paraguay Friday agreed in Dubai on the sidelines of the United Nations Climate Summit (COP28) to “seek opportunities” for the highway due to link the port of Santos in Brazil, with the Chilean ports of Arica and…

Italian Chocolate company Ferrero focuses on Chilean hazelnuts with a US$330 million new investments

Nutella and Ferrero Rocher’s parent highlights its long-term commitment to Chile, experiencing a boom in hazelnut planting. According to Diario Financiero, data shows that hazelnut plantings in Chile have multiplied ten times in the last decade and now account for the fourth-largest area of any type of fruit tree in Chile. Many people are unaware that a percentage of these hazelnuts will support the international production of brands like Nutella, Kinder Bueno and Rocher chocolates – all of which are…
Real Estate and Investment News from South America
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