Argentina posted a monthly surplus for the first time in 12 years

The Argentine government announced this on Friday evening in January, achieving a monthly budget surplus for the first time in almost 12 years amid tough spending cuts pushed by President Javier Milei. The first full month in government for the ultra-liberal Milei, who took office in December, It ended with a positive balance for the finances of the Argentine public sector: the surplus amounted to about $589 million at the official exchange rate. Product of more income than expenses. This also includes…

The Argentine President Milei chainsaw: A bold vision for Argentina’s rebirth?

The firebrand new President ignites his nation’s hope for revival, confronting decades of economic decline. Can he deliver? he 96-year-old TV host, Mirtha Legrand, reaches across and holds the hand of the firebrand new Argentine TV President, Javier Milei. “I am an old lady, and I don’t want to leave this world without seeing my country flourish”, she asks, through glassy eyes. President Milei responds: “You will see it flourish”. Milei holds Legrand’s embrace across the show’s closing credits.…

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…

“Economic uncertainty in Argentina affects Land Prices.” Last month the rural real estate market index fell 12.21%

According to the Argentine Chamber of Rural Real Estate Companies (CAIR), the December index was 21.52 points. The collapse was due to uncertainty over the bill, where the government sought to repeal the law limiting foreign land purchases. The Argentine Chamber of Rural Real Estate Companies (CAIR) reported that last December, there was a drop of 12.21 points compared to last November in the evolution of the land market. The slowdown occurred due to the general uncertainty in the country, the change of Government…

Argentina’s Giant Agricultural Show Expoagro 2024

The Exhibition ExpoAgro is the most important open-air agroindustrial exhibition in Argentina. It is organized by Exponenciar S.A, with Clarín and La Nación as shareholders, the leading newspapers in Argentina. It is held once a year, for four days, 225 km far from Buenos Aires, in San Nicolás, in the heart of Argentina, so-called “pampas”, the most productive and highly potential region of the country. Thousands of visitors from Argentina and the world participate in this mega agribusiness meeting,…

Argentina: The impact of the devaluation on residential sales and the fine print of the new stamp duty tax

Specialists now speak of a “slight recovery” of the market, but the fever experienced in August to October that is beginning to cool down after the elections. October once again smiled on the real estate market. Despite going through a change of government, with the uncertainty that this implies, 2023 was positive for purchasing and selling properties. The city of Buenos Aires is a clear example of the trend, since in the 11th month of the year, 4,068 operations were carried out. The number is celebrated…

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…

Recently appointed President Javier Milei has passed a “mega decree” that includes the repealing the land foreign ownership rules

The Government will remove the rule that in 2011 limited the sale of fields to foreigners. This law is amongst the 200 pages of other modified or removed to fire up Argentina’s economy and remove the damage that 70 years of Peronism have done to one of the world’s most important economies. These points, among others, are contained in the megadecree of necessity and urgency that the Government will announce. This Wednesday, according to reports, President Javier Milei will…

A Night of Buenos Aires Tango – Stunning Photography

Memories of Buenos Aires Tango Buenos Aires Tango, a set on Flickr. A Tango night photographed by world-renown Frenchman photographer Christian Senat when he was in Buenos Aires visiting Gateway to South America – Buenos Aires. Buenos Aires Tango & Milonga Guide Six Great Tango Shows in Buenos Aires There are many, many tango shows in Buenos Aires. The format is usually a dinner show with a variety of dancers and musicians performing over a period of somewhere between 1.5 and 3 hours. Some are located…

“Uncovering Argentina’s Game-Changing Solution to Economic Crisis: How “Shock Measures” Could Turn the Tide!”

Get ready for some significant changes in Argentina. Javier Milei, the new president, announced drastic measures that will impact the nation and its neighbours. We’re talking about cutting the currency’s value in half, reducing aid to provincial governments, suspending public works, and even cutting subsidies for gas and electricity. And yes, some taxes will also go up. But let’s be real. It’s time to face the facts. Argentina’s economy has been a disaster for way too long. And…

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…

Argentine business leaders warm to Javier Milei’s presidency

The president-elect enjoyed support from the group known as the ‘G6,’ with many asking for deep changes. Excitement and anticipation filled the air in Argentina after the victory of far-right economist Javier Milei in Sunday’s election. Leaders and major business associations quickly supported the president-elect, voicing their eagerness to join forces and tackle the country’s economic issues. Amidst the congratulations pouring in for Milei, the renowned “G6” alliance, comprised…

Lifestyle House Hunting in Argentina could get you a bargain, but wait six months and you will miss out

The housing market has sharply declined along with the Argentine peso in many of the prime lifestyle locations in Argentina over the past few years, but now there is a new paradigm.  Javier Milei, Argentina’s new liberal president, is changing the rules, and we expect Argentina to boom after a serious adjustment. A good example is what is happening in Mendoza. Luján de Cuyo is a small town in the western province, a wine-producing region celebrated for its abundant Malbec grapes. It sits at the eastern…
Real Estate and Investment News from South America
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