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 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…
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’.…
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…
Argentina again flirts with Hyperinflation
Argentina has taken a sharp turn for the worse, with the Argentine peso losing half its value in one year, prices doubling, and pesos doubling. What’s worse is that this results from almost one hundred years of fiscal dominance, where the central bank always accommodates the government’s deficit. This has caused more than half of the population to fall into poverty, and the highest earners have incomes comparable to the lowest earners in developed countries. On top of this, Argentina has price controls,…
Scottish pioneers in Argentina are an important part of its history
Great numbers of Scots immigrated to overseas in 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, immigrated to South American states, Argentina being a popular choice. The first Scots settled there in the years before Argentina became an independent confederation in 1816; they were the forerunners in the broader immigration that would eventually contribute…
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…
Two-thirds of high-net-worth individuals investing in Uruguay are Argentinean
Uruguay’s investment advisors and portfolio manager sector grew substantially in the number of clients and employees last year. This sector currently manages the money of 36,170 clients, 63% of whom are Argentine, with a total of US$ 28.93 billion invested in different instruments. Data released by the Central Bank of Uruguay (BCU) shows that at the end of 2022, there were 67 portfolio managers and 106 investment advisors in the country. This is an increase of 10 from the previous year. Portfolio managers…
All you need to know about Argentina’s upcoming elections in October 2023
Anxious about Argentina’s future? October 2023 brings the Argentine National elections. Time to stay in the know if you are an investor! Gather the information to understand how these elections will sway the destiny of Argentina. Political parties can present one list of primary candidates, and voting is mandatory for citizens. Primary candidates must obtain at least 1.5 per cent of the total votes to be eligible for the October election. The general election will also choose the vice president, 24 senators,…
Real Estate Law Overview for Argentina
Introduction to the legal framework 1. Ownership of Real Estate There are three main ways that an investor (either a physical person or a legal entity) may participate in the real estate market in Argentina: ii. System of registration Legal title to real estate requires the execution of a sale deed that is passed before a notary public and the transfer of the property. Legal title is effective from the date of grant. However, to be fully enforceable against third parties, the title must be filed and registered…
Latin America’s economic slump got you down? Get the lowdown on what may happen in 2023! Find out how these could affect your business or investments in the next year.
The global economic slowdown will dampen Latam’s growth prospects, but a reconfiguration of the global economy following the war in Ukraine may give rise to unexpected opportunities for the region. Five Facts About Latin America Economic Outlook Economic challenges faced by the world Nowadays, many countries are struggling with economic difficulties, Latin America included. The Latin American economic outlook for March 2023 shows growth during the COVID-19 pandemic. Governments use policy regularization,…
Offices in Buenos Aires. With optimism, specialists reveal the area most sought after by companies
The market is showing positive signs: net absorption closed with an increase of 93% compared to the previous period; In addition, the vacancy percentage of square meters has diminished. 2022 ended well for the office market: the last quarter of the year reflected a good performance of the indicators. In fact, it was the second in a row with encouraging data. Some concrete numbers: net absorption closed with an increase of 93% compared to the previous period. In addition, the dynamism of the vacancy of square…
What the future for Mercosur looks like?
Mercosur is a group of countries that includes about 300 million people and covers almost 15 million square kilometres. They’ve got some awesome things going for them, like tons of biodiversity, rich farmlands, and lots of energy resources. The group started in 1991 when Brazil and Argentina decided to put their differences aside and work together. They made a treaty called the Treaty of Asunción, which said that they wanted to be able to move goods, services, and production factors between countries.…
