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Residential property prices are now global IMF warns

The world’s housing markets have become remarkably synchronised, according to  International Monetary Fund research that warns that local property prices may be vulnerable to unexpected foreign shocks. A study of 40 countries and 44 major cities across advanced and emerging economies shows there has been a simultaneous upswing since the…

Understanding Chile’s geographical regions

Chile may have a “crazy” geography, but it is also a land of unparalleled beauty, with an incredible variety that has fascinated visitors since the Spanish conquest. Because Chile extends from a point about 625 kilometers north of the Tropic of Capricorn to a point hardly more than 1,400 kilometers north of the Antarctic Circle, within its territory…

10 Reasons Why You Should Invest In Chile

Company Formation Chile: With Brazilian sunrays no longer outshining the rest of Latin America, the real attention is now being paid to other emerging players in the region such as Colombia, Peru, and Chile. Chile, in particular, is a very attractive destination to start a business. Strong economic and social policies in Chile have led to a reduction in poverty of 50% since…

What are the Tax and Accounting Requirements in Chile?

When a company decides to move their business into a new market and to open up a new office in a new country, one of the first things to be considered is the country’s tax system. Around the world every country has different tax and accounting systems, some are easier to manage than others. Therefore, when moving into a new market, companies have to determine…

Chile Political Overview: Elections and its economy

It can be difficult for foreigners to find information (in English) regarding the upcoming elections in Chile. BNamericas has recently released a new report that outlines political risk in different Latin American countries. The aim of the report is to track and put into perspective all political news that impacts the real economy. Below we have summarized…

Competition versus Cooperation and low-cost flights to South America

A New Opportunity for the Commercial and Vacation Traveler from the Oceania Air Hub to South America “Competition is always a good thing, it forces us to do our best while a monopoly renders people complacent and satisfied with mediocrity,” the US writer Nancy Pearcey once said. In Pearcey’s view on the matter, the low-cost airlines…