PWC: Doing business in Argentina in 2024

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During 2019-2023, Alberto Fernández was the president of the country. His government faced a pandemic, a war, and a deep drought. Although the economy expanded in 2021 and 2022, several macroeconomic imbalances continued to impact the country. In this sense, by the end of Alberto Fernández’s government period, inflation reached the highest levels since the 1990s, exchange restrictions were significantly increased, the exchange gap reached nearly 200%, and poverty levels finished at 40.1%. In this challenging…

Banco Nación Argentina offers Property Developers Attractive 100% Mortgages

100% of the total investment can be financed. It will be for builders and/or real estate developers with proven track records and experience. Within the framework of the “+Hogares” program, the president of the BNA, Daniel Tillard, announced yesterday the new line of credit for construction companies and developers, which includes financing for 100% of the total investment. This was a truly unexpected event just a few months ago and will surely change the future of the entrepreneurial sector in the medium…

Argentine Property Investor and Art Collector Eduardo Costantini gives his thoughts on Argentina’s future

The founder of Consultatio participated in the Real Estate Summit, analyzed the measures taken by the Government, and announced that he is negotiating with a bank to sell one of his projects available with mortgage loans. Creator of Nordelta, founder of Consultatio, art collector, real estate developer and father. These are, perhaps, some of the roles that define Eduardo Costantini, one of the most important Argentine businessmen in the country and in the real estate industry. Within the framework of the…

90% of Neighbourhoods in Buenos Aires see Price Rises in Property Values

in all categories of countries, including Argentina Lifestyle, Argentina-General, and Buenos Aires Residential. In a market slowly showing signs of recovery, studio apartments again show a change in the cycle this month. The property world continues to show signs of recovery, and the prices offered in the city’s neighbourhoods witness this cycle change. This is indicated by the latest Zonaprop report, which shows that the average price per square metre of listing in CABA has increased by 4.3% this year.…

Vaca Muerta Oil Fields Need Urgent Urban Infrastructure

A little over a decade after the exploitation of unconventional hydrocarbon deposits began, Añelo and other small towns experienced rapid development and triggered the generation of new needs. Around 110 kilometres separate the city of Neuquén from Añelo, one of the closest towns to unconventional hydrocarbon deposits and the industry’s base. But the trip is not simple: a caravan of trucks and private vehicles can block routes 7 and 67, and the trip can take up to three hours. In addition, according…

Update on GTSA’s New Digital Property Platform release

Press Release   Hello Our new property website is live, so we start loading properties from the legacy site as soon as possible. Like the newsletter, this site will better enable us to send out information regularly to targeted audiences. Our sponsored newsletter site has been an excellent source of stable subscribers, and we hope the new property one will be as well.     It will also give us the flexibility to promote independent agents’ properties in areas where we have no presence, giving them the…

Five reasons that reveal why it is an excellent time to buy Residential Real Estate in Buenos Aires

The data below shows a bright future in a market that continues to add good news on top of good news. However, prices are coming off a low point, with some back to what they were 20 years ago. The property market continues to show substantial improvement, and several factors reveal that it is still a good time to invest or take refuge in brick-and-mortar. From the decrease in the oversupply of properties and the return of mortgage loans to the reduction of the negotiation margin between the published price…

The Buenos Aires Residential Sales at Six-Year Record

In May 2024, property sales registered their highest value in six years with 4,590 deeds. In the same month last year, there were 3,376 deeds. This meant a year-on-year increase of 36% , according to the report of the College of Notaries of the City of Buenos Aires. In addition, the total transactions reached $346,713 million in the last record. “ The deeds have been rising for four years because we were coming from minimal amounts since the pandemic; in addition, the values ​​fell by 50% in real…

BBVA Bank: Argentine’s President Milei is finally getting some traction on lowering inflation

INDEC’s ( Argentina Stats Department) monthly national inflation stood at 4.2% in May (276.4% y/y), the lowest in the last 29 months and much lower than expected (BBVA: 5.8% m/m, REM-BCRA: 5.2% m/m). Core inflation was the main downward surprise, reaching 3.7% m/m (277.3% y/y). Key points About Gateway to South AmericaGateway to South America is an independent Brokerage and Advisory company committed to helping foreign investors to invest in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay. ShareShareTweetWhatsAppEmail

Chancay: The new 3.5 B mega shipping port being built in Peru to service South America’s most rich regions

And who is building it? The Chinese, of course. When the US abandoned the region decades ago, they filled the vacuum. The $3.5-billion deepwater port, set to start operations late this year, will provide China with a direct gateway to the resource-rich region. Over the last 10 years, Beijing has unseated the United States as the largest trade partner for South America, devouring its soybeans, corn and copper. The port, majority-owned by Chinese state-owned firm Cosco Shipping, will be the first controlled by…

Subscribe Free: The latest Real Estate Options for Sale in South America

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 that 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 Real…

A more positive outlook for our region is a welcome development

Argentine President Milei’s radical change in direction after 70 years of Peronism is being watched inside the country (the poor and middle classes suffer most of the pain of change) and by the rest of the investment world as the changes occur. So far, the response has been positive, even by those most affected by the changes. Success will likely cause neighbouring countries to follow suit, attracting a flood of investment capital looking for a home in a troubled world. Europe, the US and the Middle East…

Shareholders Agreements are essential to avoid later problems when investing in Syndicates or Partnerships

The great news is that you can create a rule book (aka shareholder’s agreement) so that when things pop up, you all know how to deal with them. Staying aligned makes all the difference to your business’s success. This article explains why a shareholders’ agreement (your business prenup) is essential for every business with multiple owners. WHAT IS A SHAREHOLDERS’ AGREEMENT? Shareholders’ agreements are like rules that record how shareholders will work together and make decisions. What are the initial…

Argentine Businessmen agree with President Javier Milei: they believe that the worst is over, seeing a rebound in sales

They have noticed an improvement in the food sector, from noodles, oils, coffee, and rice to meat. The dollar and the possibility of the “V” recovery. The latest official data leave no room for optimism: a March economic activity collapse and the worst forecasts for the following months. At that time, the INDEC EMAE marked a drop of 8.4% year-on-year and a contraction compared to February. There are still no official records of what happened during April. Private consulting firms measured…

FATCA – America’s Tax Rort is Exposed

The FATCA, or the Foreign Account Tax Compliance Act, is a one-sided law that forces other countries to enforce US tax laws. If they fail to do so, they’re effectively locked out of US markets and the US dollar—the world’s reserve currency (at least for now). FATCA imposes a 30% withholding tax on interest, dividends, rents, and similar payments leaving the US. The only way to avoid the tax is for foreign financial institutions (FFIs) to act as unpaid IRS informants. Withholding occurred some years ago,…
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