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Brazil makes it easier for foreigners to buy farmland again

The chairmanship of the Agriculture Caucus in Brazil’s Chamber of Deputies  aims to turn back the clock on the rules concerning foreign ownership of his country’s farmland. Five years ago, Brazil’s Attorney General Office issued a new interpretation of an old, business-friendly rule that made it harder for foreign companies to buy the country’s…

Brazilian Book Review: A Biography

For many non Brazilians, the country is a land of contradictions: vast natural resources and entrenched corruption; extraordinary wealth and grinding poverty; beautiful beaches and violence-torn favelas. Brazil occupies a vivid place in the American imagination, and yet it remains largely unknown. In an extraordinary journey that spans five hundred years, from European…

Economic Snapshot for Latin America – Nov 2018

Recovery stalls in the third quarter Incoming data suggests that the Latin American economy remained soft in the third quarter. Focus Economics estimates that regional GDP growth (excluding Venezuela) remained broadly unchanged, inching up from Q2’s 1.7% to 1.8% year-on-year. The second quarter’s result had marked the worst performance in one year…

Get South America Real Estate News on your phone with just one click

You can have a one-click connection to GTSA – News by simply downloading our icon on your phone.  We’ve created some simple videos to guide you through the process. Enjoy.  For iPhone users 1. Open Safari 2. Navigate to gtsanews.com 3. Tap the ‘Share’ button 4. Tap the ‘Add to Home Screen’…

China must invest in Latin America for food security

China must invest overseas to ensure its food security, said speakers at the recent Asian Financial Forum. “China and India have to open to global markets like Australia, Africa, and Latin America, and invest in these countries’ agricultural production for food security,” said Fan Shenggen, the director general of the International…

Paraguay, Peru and Chile star economies of 2018 and 2019: report

By 2019, the highest growth in the region is projected for the economy of Paraguay, with 4.3%, followed by Peru (3.9%) and Chile (3.7%), according to a report by BBVA Research. In Argentina, a “significant” recession is anticipated. The Latin American economy will grow 0.9% on average this year due to the weak performance of countries…

What Brazil’s President-elect Jair Bolsonaro is likely to change

Congressman Jair Bolsonaro won Brazil’s presidency Sunday on promises to overhaul several aspects of Latin America’s largest nation. A glance at the top issues that are likely to change in a Bolsonaro administration: ENVIRONMENT More than half of the Amazon rainforest is in Brazil, and some environmentalists worry Jair Bolsonaro’s…

Jair Bolsonaro; New Brazilian President on Sunday..why we need change in Brazil!

Mike Smith is a long-term foreign resident of Brazil who wrote this article re the upcoming Brazilian elections. We reprinted this post as a balance to anti-Brazilian populist press that is currently making out Jair Bolsonaro to be close to a fascist or demagogue ( ie Trump ). I see the country misrepresented abroad so…

San Juan: Inter-American Development Bank will ensure the construction of the Agua Negra Tunnel

Governor Sergio Uñac met with the President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, who ratified the entity’s commitment to the Agua Negra tunnel linking the IV Region of Coquimbo (Chile) with the Province of San Juan (Argentina).  The governor of San Juan, Sergio…

Brazilian Super Sized Irrigated Farm becomes available

This farm is located 758 meters of altitude, in the hydrographic basin of São Francisco. It is located in the division of sub-basins of Grande river and Corrente river with Porcos river draining to the direction of the Grande river, Guará rive, Porcos rivers and Mato steam draining into the Corrente river. The farm is used for livestock and…

Is the the USD doomed as a world reserve currency?

The United States has benefited enormously from being the Worlds Reserve Currency because much of the world still uses the dollar for international trade.  This is because foreign governments must hold in their foreign exchange reserves USD’s to settle international claims and intervene in foreign exchange markets. In addition to that many…

China hungers for Brazil’s Grain Harvest

Africa is not the only continent China is investing in Author: Denise Chrispim Marin Conventional wisdom says China plans ahead. Right now, as it works to secure food supplies for the next 50 years, China is getting more active in Brazil, the world’s third-largest grain producer—and one with the significant untapped capacity to expand the cultivated land.…

What makes Trumps America the world’s most competitive economy?

Any international economic index that finds America at the pinnacle of global success is sure to invite questions around whether such success can be attributed to the actions of any one leader or administration. To apply this question to the Global Competitiveness Report 2018, let’s first take a look at the facts. The first thing to…

5 things: Brazil’s economic downturn and what to expect going forward

Brazil’s economy has had a tough time of it so far this year. The truckers’ strike, the depreciating real and the uncertainty regarding presidential elections have all contributed to Brazil’s economic woes in 2018. In this post, Senior Economist Angela Bouzanis answers some key questions regarding Brazil’s…

Brazil’s Commercial Real Estate Prices Dip Again in August

According to the latest FipeZap Commercial Index, Brazil commercial real estate prices declined in August with sale prices falling -0.51 percent and rental prices decreasing -0.46 percent. In that period, the accumulated inflation rate fell -0.09 percent, as calculated by the IPCA/IBGE (National Consumer Price Index/Brazilian Institute of…

HOW VULNERABLE IS THE $100+BN PROPERTY PORTAL INDUSTRY WORLDWIDE?

This is an article written for a New Zealand audience but the challenges and disruption that is causing some in their real estate industry to pause is also very applicable to the South American market which is very fragmented with a low level of transparency.  It was written by Alister Helm a licenced real estate salesperson and journalist. …