Argentine Fintech Giant Mercado Pago Requests a Banking License in Mexico: Why Did It Spark Criticism in Other Countries?

Marcos Galperin’s fintech will acquire a banking license in Mexico, a process that could take between 12 and 24 months. Although it is not licensed in other countries where it operates, it offers its clients a wide range of financial products. Mercado Pago announced that it will acquire a banking license in Mexico, a process that could take between 12 and 24 months. Thus, the fintech arm of Mercado Libre will seek to comply with regulations in Mexico and become the most prominent digital bank in that…

Argentina: What is happening in the land of the chainsaw? –

With the roar of a chainsaw, he has accomplished what many deemed impossible: Argentina’s first budget surplus in 16 years. Gone are the days of money-printing schemes to cover debts and bloated public subsidies for fuel and transportation. In a bold move, the new president has slashed thousands of state jobs (25,000 plus to date), frozen public construction projects, and bravely devalued the country’s currency. This may have weakened the peso’s purchasing power domestically, but it was a…

Argentina now has several options for those seeking home mortgages at attractive rates

Who can access mortgage credit, and what is the operation for purchasing homes through the new banking options (Andina)? The reintroduction of mortgage loans in Argentina revolutionized the real estate market. There are already 13 banks that offer them, including public entities such as Nación and Ciudad, private entities such as Hipotecario (the first to launch them) and Supervielle, and provincial entities such as those of Córdoba and Corrientes, among others. The schemes tied to the UVA usually propose…

Carbon credits in the UK: A threat or opportunity for farmers?

Recent figures show that over half of farm sales last year were to non-farmers. There are reports of farmers being outbid for land that will be put into woodland or other offsetting projects. We explore the threats and opportunities of these schemes. Whilst there are opportunities for farmers to gain extra income streams from carbon credits and other environmental schemes, there has long been concern about food security and the impact on farming and food in the UK.  The aim of such schemes is to use low-quality…

LATAM Booming Real Estate Market. Thousands of New Companies Opened

The real estate sector is experiencing significant growth in some Latin American regions, like Mexico and Brazil, with a notorious surge in real estate companies and investors. Real estate companies are experiencing a remarkable surge in various regions of Latin America. In Mexico, for instance, the number of real estate service providers has surged by nearly 20% over the past five years, according to the latest Mexican Economy Secretariat‘s data. Similarly, more than 26,000 real estate companies…

Paraguay is rated the best place in the region for business, according to says Latin American Economic Climate Index (ICE) 

The Latin American Economic Climate Index (ICE) released this weekend by Brazil’s Getúlio Vargas Foundation (FGV) highlighted Paraguay as the Mecca for regional business ventures, given the country’s outstanding performance. The FGV report highlights that, despite the increase in their indexes, other countries remained in the unfavourable zone (below 100 points): Peru (85.3), Colombia (72.8), Chile (72.7), and Ecuador (42.2). Meanwhile, Argentina climbed from 26.1 to 41.7, with the first economic…

Reasons why we are on the cusp of a commodity super-cycle affecting South America

The following two decades are likely to be a series of supply squeezes for a variety of reasons As 2024 unfolds, the surge in commodity prices has been nothing short of spectacular, with sectors such as metals, energy, and agriculture all registering significant gains. This trend is not merely coincidental but indicative of a burgeoning commodity super-cycle driven by three key factors: What drives commodity super-cycles? Historically, commodity super-cycles have been triggered by periods of intense industrialisation…

Argentina’s ‘Napa Valley’- Valle de Uco

Argentina’s Napa Valley is on the eastern side of the Andes, in a region of stunning foothills and high plains. The Uco Valley in Mendoza has rapidly become one of the most talked-about and exciting wine regions in the southern hemisphere. Created initially as a stopping point in the crossing of the Andes on the commercial route from Río de la Plata to Chile’s Santiago, Mendoza has become the largest wine-producing area in Latin America, claiming 70% of Argentina’s wines. The Uco Valley, with its…

Elon Musk calls out to Investors to consider Argentina after meeting with President Javier Milei

The Argentine president praised the Tesla CEO for his efforts to advance space exportation. Tesla CEO Elon Musk recommended his followers invest in Argentina after meeting up with President Javier Milei on the sidelines of a global investors conference in Los Angeles on Monday. “I recommend investing in Argentina,” Musk posted on X, the social media app he owns. He also published a picture of himself with Milei, Presidency Secretary Karina Milei, and Argentine Ambassador to the U.S. Gerardo Werthein. …

The British Vestey Meat Empire in South America

The Vestey Brothers were once the largest meat retailers in the world The company once controlled one-third of the refrigerated storage capacity in Britain and two-thirds of multiple butcher shops. It accounted for 20 per cent of all meat imported into Britain. Origins and early growth William Vestey (1859 – 1940) and Edmund Hoyle Vestey (1866 – 1954) were born to Samuel Vestey, a Liverpool provisions merchant. William Vestey William Vestey was sent to Chicago to scout for opportunities in 1876. He was…

New UVA Mortgage Loans in Argentina: the details of the loans offered by Banco Ciudad in Buenos Aires today

The Head of the Buenos Aires Government, Jorge Macri, launched the new mortgage loans from Banco Ciudad this Monday to acquire, renovate, improve, and expand homes. This measure seeks to benefit the middle class and support development in the Microcenter area. The new loans can be financed up to $250 million and have terms of up to 20 years in Purchasing Value Units (UVAs), plus an interest rate of 3.5% Annual Nominal Rate (TNA). According to the City, some credits stand out for their accessibility, such as…

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South America's Real Estate Specialists
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We offer South American real estate investment opportunities in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay. We know buying South American Real Estate has specific rules for foreign citizens, rules we are familiar with and have worked with extensively. This is why we have created a programme to guide international buyers through purchasing real estate in South America, from finding properties for sale to helping clients comply with the required paperwork and legal procedures. South American News And…

Issues that should be addressed before considering the sale of a rural property to avoid an extended sale period

Consider carefully the following issues before putting a farm or piece of land on the market if you don’t want to experience delays, which can cause the property to become stale and develop a negative reputation. Legal and Administration Issues Most importantly, for properties with multiple ownership, all shareholders must be on the same page regarding selling and the expected price level achievable based on an independent valuation ( don’t ask brokers competing with each other for the listing for that…

Argentine libertarian President Javier Milei has introduced measures which are causing the USD to weaken domestically for the first time against the domestic peso

Just four months into office, President Javier Milei has achieved a critical feat in a country long ravaged by runaway inflation: stabilising Argentina’s currency. The peso has, in fact, not only stopped plunging day after day but is also rallying sharply in one key foreign exchange market—there are many of them here, a byproduct of the country’s web of byzantine rules—the blue-chip swap. The peso has soared 25 per cent against the dollar over the past three months in this market, which is used…

The 10 most important rules for investing in agriculture favour South America

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Rule 1. Only invest in investor-friendly countries: Agricultural investments require a medium to long-term view. A typical investment in mainstream agriculture will require 70-80% of your investment to go into the land. There is no need to add to these risks by going into countries where you put your capital at risk. This rules out most of Africa, Eastern Europe and parts of Asia. Rule 2. Countries with low, preferably no, subsidies for agriculture. Subsidies can be alluring because they can be seen as underwriting…
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