The Scots behind Argentina’s sheep farming success
One of the largest sheep farming developments ever in the world is thanks to the emigration of farmers from Scotland’s bleak north coast to Argentina, a new book reveals. The little-known story of intrepid pioneers from Caithness who travelled across the globe is now being told. ‘Caithness to Patagonia’ tells of a largely uncharted aspect of the Scottish diaspora, featuring tales of adventure, hardship and some significant success stories. The regions of Caithness and Patagonia are literally a world…
Buenos Aires: Palacio Álzaga Unzué: The most luxurious wedding gift in Argentina’s history
On May 8th, 1916, a large party was in Buenos Aires. Two offspring of the aristocracy, Félix Saturnino de Álzaga Unzué, 31, and Elena Peña Unzué, 24, were married with all pomp and ceremony in the Church of St. Augustine. The couple received innumerable gifts corresponding to a wedding of that rank. But nothing was like the gift of the groom that he gave to his new wife: a superb palace a few meters from the exclusive Avenue Alvear in the neighbourhood of Retiro, which still surprises many with its noble…
This Armless Sculpture Is One of the Louvre’s Most Treasured Masterpieces and has a clone in Buenos Aires
It’s no secret that the Louvre has one of the world’s most stunning art collections. In addition to the Mona Lisa and an entire Michelangelo Gallery, the major museum also excels in antiquities, with gems that include the Great Sphinx, the Venus de Milo, and the Winged Victory of Samothrace. Buenos Aires has a perfect replica for all to see One of the most iconic buildings in Buenos Aires is the Estrugamou Palace Apartments. Within its, internal…
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,…
An excellent rice harvest just ended in Uruguay
Average yields per hectare could be a record. In general terms, it could be said that the rice harvest throughout the country has finished. In a year so complicated by the severe drought we were going through, the rice sector was saved with flying colours, mainly because it is a crop that needs to be flooded for production. Therefore forecasts are made in advance so that the water sources are sufficient. However, because atmospheric demand has increased exponentially in recent years, this calculation is very…
Global tax guide to doing business in Uruguay
Uruguay imposes taxes, primarily at a national level, over companies and individuals (residents and non-residents), based on the source income rule; that is, taxes will be levied on services performed, assets located and rights economically used within Uruguayan territory (with some exceptions). Uruguay has an important double-taxation treaty network, which follows the Organisation of Economic Cooperation and Development Model (The United Nations Model in some cases), which may reduce or even eliminate Uruguayan…
Buenos Aires ranked the Best City in Latin America for Event Tourism
The City of Buenos Aires was ranked first in America in the 2022 edition of the ranking prepared by the International Association of Congresses and Conventions (ICCA) after holding 66 approved events and climbing one position compared to the previous year’s list. , in which it was second behind Montreal. Within the framework of the recovery of meeting tourism, it should be noted that this is 52% of the ICCA events that took place in the City during 2019, In addition, the national capital again held first…
The volume of real estate in Buenos Aires has not managed to exceed 3000 monthly operations. Here are the reasons why
In April, 4.3% fewer operations were registered than in March. The numbers did not take off as expected. What is the main reason attributed to the sector? What about prices? The real estate market fails to rebound. In April, 2,750 purchase-sale operations were registered, 4.3% less than in March. And just above the numbers for 2022. According to data from the City Notaries Association, the total number of real estate purchase and sale deeds registered a 7.2% increase in the fourth month of 2023 compared to…
Peru’s Agrícola Chapi expands avocado and table grape production with a cash injection
Peru’s Agrícola Chapi expands avocado and table grape production with a cash injection By Jessica Broadbent Peruvian agricultural export company Agrícola Chapi has received $130m in funding to expand its table-grape and avocado production. The funding from Canadian private equity firm Cordiant Capital will be allocated in stages until March 2024 and is part of a growth plan drawn up with Cordiant in 2022. Chapi aims to grow its production land area to 1,200ha of avocados and 900ha of table grapes. The Lima-headquartered…
The water-table has risen 10 meters in Argentina’s Pampa Region since the 70’s
Argentina has a different challenge, unlike many of the world’s leading food basket regions where over-irrigation, climate change, and groundwater pollution are the problems. Since the seventies, the water table has been rising, according to a report by INTA ( Argentina’s Agriculture Department ) Marcos Juárez; The ascent in levels complicates the work in the fields and raises the costs of the local producers. Examples of the rising water table level problem are in the south of Córdoba, areas…
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,…
The Two Lithium Miners Active In Argentina Merge In a $10.6B Deal
Allkem (Australia) and Livent (LTHM), Argentina’s only two lithium exporters, have announced a multi-billion dollar merger. The companies operating in Catamarca and Jujuy have launched a new company valued at US$10.6 billion. According to the companies, the new valuation of the combined company, following the merger of all of its shares, will be US$10.6 billion. Upon closing the merger of equals, Allkem shareholders will own approximately 56%, and Livent shareholders will own about 44% of ‘NewCo’.…
TLG announces the sale of one of Uruguay’s most iconic farmland properties
Co-founded in 2016 by Francisco Roque de Pinho and Joaquín Labella in Uruguay – a country with vast unexplored agricultural potential wedged between Argentina and Brazil – TLG Management Partners (TLG) works to implement improvements on and then manage underperforming farmland properties in South America on behalf of European investors. Common challenges associated with the global pandemic, including economic uncertainty, depressed commodity prices, and market volatility, followed by supply chain…
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…