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…

Argentine-owned Buquebus has under construction the largest 100% electric high-speed catamaran ferry in the world

Shipbuilders Incat Tasmania has begun constructing what they claim will be the world’s largest electric ferry boat. The 130-meter-long unit has been ordered by Buquebús, which offers passenger services between Buenos Aires and the Uruguayan ports of Colonia and Montevideo through the Río de la Plata. It was reported to have room for 2,100 travellers and 226 vehicles. Buquebus is owned by Argentine Juan Carlos López Mena Plans for the ninth Incat vessel to join the Buquebus fleet were originally announced…

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…

The importance of bioceanic corridors for Chile

More than simply routes, bioceanic corridors are an engine for regional development and the key to Latin American integration. Through its strategic location and openness to global trade, Chile is driving ambitious connectivity projects. Bioceanic corridors have become crucial for Latin America’s socioeconomic, tourism, and environmental development. Since the Asunción Declaration in 2015, which prioritised developing the corridor between Porto Murtinho in Brazil and ports in northern Chile, these projects…

“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…

Will Javier Milei Change Argentina? An Initial Analysis

On November 19, Argentine voters elected Javier Milei, President of the Argentine Republic. Milei, an outsider with little political experience, is known for his “liberal” (in the Milton Friedman sense of the word) economic stances and his passionate televised appearances. His zealous repudiation of Argentina’s history of government intervention in the economy and redistribution of wealth has captured worldwide attention. The Milei Phenomenon Javier Milei is an economist and ardent defender of liberal…

BBVA: Argentina Economic Outlook. December 2023

Javier Milei will be Argentina’s new president. He takes office to correct strong imbalances in the fiscal, monetary and exchange rate fronts. Adjusting spending and changes in relative prices will lead to an acceleration of inflation and further contraction of GDP in the short term. Key points 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, Chile, Paraguay,…

The Javier Milei President Effect in Argentina: the reasons why the market expects an increase in property prices

image of iBuenos Aires is a Slice of Food Heaven
Milei’s victory in the presidential elections excites the real estate market, and an increase in property prices is predicted. The Milei government will begin its administration with a tailwind that will push the real estate market forward. “ We have been sensing a kind of end of the cycle because, since the middle of this year, we have observed many more consultations and the completion of more operations. In both cases, a renewed look at the country’s future and the potential of the so-called…

With the change in political direction, there is a boom in Buenos Aires Residential Sales with a 53% increase

The sales registered in October are positioned as the highest in the last six years. November is expected to be even higher. October was a month full of uncertainty and expectations due to the elections. But far from applying a wait-and-see policy and waiting to define who would be the next president of Argentina to try to predict how the market could evolve, the people kept the real estate market more active than ever. So much so that in October, 4,559 properties were registered, a record that can be read…

Libertarian Javier Milei to become Argentina’s next president

The ruling party’s presidential candidate, Peronist and current Minister of Economy of Argentina, Sergio Massa, acknowledged on Sunday the victory of his libertarian and far-right contender, Javier Milei, in the second round of elections in the country. The candidate of Libertad Avanza surpassed Massa in the ballotage by almost 8 points. The support received in the country’s interior, especially in Córdoba and Mendoza, was decisive, it was reported. Almost 50 minutes before the time announced for…

Our View of the Latin American Real Estate Market in 2023/4

An improvement is expected in 2023 in the real estate indicators for the region, mainly the offices. Hybrid and plug and -play will continue to be the trend. There will also be an increase in stability and availability of rental properties, as well as a positive absorption. In the case of industry, there will be a continuation of healthy inertia along with an optimistic projection. According to the 2023 Outlook of the real estate markets, compiled by Newmark Latin America. This analysis highlights that Argentina,…

Ranking: The five cities with the most expensive real estate in Argentina

It is historical, the properties located in the city of Buenos Aires are the most expensive in the country. Without going any further, according to the latest Index from the Zonaprop portal, in November, the average price of an apartment was US$2,562/m². However, the purchase price of real estate in some cities in the interior of the country is not far behind either. Based on a private survey by Zonaprop, which LA NACION was able to access, in which the cities that have -at least- between 400 and 1,300 properties…
Real Estate and Investment News from South America
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