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Do wind turbines or solar panels add or subtract from a property value?

Energías Renovables en Argentina
With Solar and Wind Farms now becoming common around the world including South America it might be time to look at other countries experience regarding whether these projects add value to the land when it is sold. For South America, Australia has some compatible data. Solar panel arrays, wind turbines and telecommunications…

New Zealand Companies investing in South America

If the New Zealand agribusiness experience is anything to go by, Australian Agriculture Minister David Littleproud has good reason to be paying close attention to beefing up our farm trade prospects in South America. Mr Littleproud has been in Argentina and Brazil for the past week pushing for market access for Australian exports. The visit has included…

Powers of Attorney in Chile

A power of attorney can be executed for just about anything in Chile. Powers of attorney should be limited in scope to particular tasks or goals, and they MUST be drafted by a qualified attorney. A poorly drafted power of attorney, after getting all the proper authorizations outside the country, can ultimately be rejected or accepted by each notary, government office,…

Chile Temporary vs. Permanent Residency

“Temporary residency” (residencia temporaria) refers to the time you must be physically in Chile within a one year period, before qualifying for permanent residency (Permanencia Definitiva). For most visa types, this time is 180 days, within a one year period. These do not need to be consecutive days physically present in the country but must…

Agricultural Remote Sensing Market Map: 20 Remote Sensing Startups and the Varied Data That Fuels Them

There are many agtech startups that use remote sensing technology for different precision farming applications. Some try to provide a field-level analysis using drones or airplanes, while others develop large-scale macro analytics using globally available satellite data. To some extent, it is possible…

Chilean Accounting and Tax Compliance Requirements

The legalities for running a business in Chile are similar to those of other Latin American countries. However, there are a few differences concerning taxes, documentation, and licensing that are important to note in your research of Chilean business practices. Tax Rates Chile has four main taxes: Value Added Tax (VAT), Stamp tax, Customs duties,…

New varieties account for 11% of the 2017-18 Chilean table grape exports

With the Chilean table grape export season almost over, resulting in 731,851 tons up to week 25,  this figure is only 811 tons lower than the total exported in the previous season. This is is a good sign, certainly when considering the rains that affected the late varieties harvest in the Chilean central-south zone. Although major…

The Necessary Legal Steps to Buy Real Estate in Chile

The three major phases of any property purchase in Chile are negotiation and title search, contract signing or closing, and title registration and payment. Each particular property purchase may have many other considerations, the timing of these stages may vary greatly; but, broadly, all properties in Chile will go through these three steps or…

Inheritance and Wills in Chile

The basic order of inheritance in Chile after someone dies is that of surviving spouse, children, parents, grandparents, siblings, and then cousins. This also includes rights of spouses and children for their direct ascendant or decedent to inherit. You are allowed to give a certain percentage of your estate in a will to whom ever you like, but for the most part you…

Falling prices at the beginning of the Chilean nut season

Exponut, is the biggest event of the Chilean walnut industry. It brings together more than 400 producers, exporters, suppliers, investors, and entrepreneurs from the nut sector each year and includes technical and commercial seminars, as well as the largest specialized exhibition in products, services, and machinery for that sector. Exponut…

Chile registers record foreign direct investment in first quarter

InvestChile, the Foreign Investment Promotion Agency, reports the South American country registered direct foreign investment flows of US$ 6,875 million in the first quarter of this year, according to figures published by the Chile Central Bank. The amount, which represents an increase of 167% compared to the same stretch of 2017,…

Savills: Global Farmland Index (January, 2018)

Precios de la tierra agrícola actualizados 2016
Measuring the opportunities of farmland investment across the world SUMMARY ■ Their Global Farmland index recorded an average annualised growth of 13.3% since 2002 and 2% over the past five years. ■ Although pressure on commodity prices has slowed growth in values in recent years, the long-term fundamentals of farmland ownership still apply with increased…

These 4 Tech Trends Are Driving Us Toward Food Abundance

From a first-principles perspective, the task of feeding eight billion people boils down to converting energy from the sun into chemical energy in our bodies. Traditionally, solar energy is converted by photosynthesis into carbohydrates in plants (i.e., biomass), which are either eaten by the vegans amongst us, or fed to animals, for those…

Harvard University said to seek sale of its South American timber holdings

Harvard University is trying to sell some of its timberland investments in South America to investors who will share management of the portfolio as the endowment retreats from bets on natural resources. Harvard Management Co. has approached investors to buy minority or majority stakes in as much as $700 million of property…

New Immigration Reform in Chile

In April of this year, President Sebastián Piñera announced a new immigration reform. Piñera asserted that Chile will continue to be a country which welcomes immigrants with open arms. However, Piñera stated that due to a large number of immigrants entering the country recently, Chile needs an immigration reform that addresses the current situation providing adequate…