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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 mechanisms and procedures which will allow a desirable management of the actual contingency. At the moment Chile counts over 1 million immigrants,…

A New Real Estate Marketing option for Independent Brokers and Vendors

We are offering a new option for independent brokers and private Vendors to market their real estate or Agricultural related businesses for sale  outside their home location For some time now GTSA – Marketing has been marketing individual properties or projects for vendors and independent brokers without being involved in the sales process. This is in response to the effects of disruptive technologies available to sellers. We do this where we have no licensed sales support in the area or region and/or…

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 global financial crisis, driven by ultra-easy monetary policy and a pick-up in investor activity led by Amsterdam, Melbourne, Sydney, Toronto and Vancouver. The findings,…

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 can be found a broad selection of the earth’s climates. For this reason, geographically it is possible to speak of several Chiles. The country…

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 the 1980s with steady economic growth in comparison with the other Latin American countries. Chile continues to surge as a major global…

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 and understand the country’s corporation tax, sales tax, dividend tax, and other applicable tax rates. Additionally, a company must be aware of…

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 some of the main points from the report:. Chile is Latin America’s most stable country but is going through a challenging period marked by low growth…

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 poised for take-off in Argentina will be a boon for travellers. Domestic and international airfares in Argentina are very expensive by comparison to Europe and North America…

Forbes 2016 World’s Billionaires: Meet The Richest People in Chile

Chile is home to 11 billionaires in South America, out of whom 10 have made it to the list of Forbes’ 2016 billionaire rankings. The Forbes Billionaires list is a snapshot of wealth taken on Feb. 12; we used stock prices and exchange rates from that day. Some fortunes could have changed considerably since then. 1. Iris Fontbona #101 on Forbes’ List Real Time Net Worth (as of 2/17/17): $13.8 Billion Age: 74 Source of Wealth: Mining Residence: Santiago, Chile Chile’s richest person, Iris Fontbona, inherited…

Airbnb looks to Latin America, now its fastest-growing market

As Airbnb turns its attention to Latin America, the often-combative company is taking an unusual approach. It’s giving local governments what they want. The home and apartment-rental company said it will collect and remit taxes in Mexico City, the first such arrangement in Latin America. Airbnb will provide 3 per cent of revenue generated from bookings in Mexico City to the city’s government. Hotels there also pay a 3 per cent lodging tax to local officials. Airbnb said it intends to replicate the…

Airbnb exploring long-term Residential Rentals as an option

Airbnb has quickly become a favourite destination for travellers looking for somewhere to stay on vacation. Now the home-sharing startup is interested in doing the same for people who want to find a place to live. Airbnb is considering an expansion in the long-term rental business and has asked McKinsey & Co. to research the market, said two people familiar with the matter. The consulting firm’s work involves conducting competitive analysis of Craigslist, said the people, who asked not to be identified…

World wine output nears 20-year low as rain, frost, and trends hit vineyards

World wine output may fall 5.3 percent this year because of excess rain that spoiled grape harvests in South America and adverse weather in French vineyards, resulting in one of the smallest vintages of the past 20 years, according to an intergovernmental group. Wine volume may fall to 259.5 million hectoliters from 273.9 million hectoliters last year, according to estimates from the International Organisation of Vine & Wine, a Paris-based group known by its French acronym OIV. Estimated output is equivalent…

The Carretera Austral Chile

The Co Author Warren Houlbrooke was raised on a remote sheep farm in New Zealand, where he developed a “fix anything” attitude. He has travelled extensively in Latin America, in particular in all of Patagonia (both the Argentine and Chilean sides). He is a tour-guide for Compass Motorbike Tours, and has worked with Bariloche Moto Tours, who also offer trips along the Carretera Austral. He is a highly proficient motorcyclist, scuba-diver, skier, equestrian, cyclist and sailor, has an Argentine wife…

💋 Wild Chilean Patagonia adventurer’s guide

Wild Chilean Patagonia adventurer’s guide Granite peaks spiked on the horizon. Clouds whipped overhead. It was February in the Patagonia region of southern Chile, and I was on a mountain bike riding through the grandeur of Torres del Paine National Park. The road curved and dropped ahead, my riding partners braking as wheels sliced the gravel. “Look at that view!” someone shouted as the Patagonian wind picked up, canceling any opportunity to respond with its fierce roar. I was speechless anyway.…

Selling Real Estate in 2016 requires New Selling Skills

Selling real estate in 2016 requires new skills that require commitment and a desire to learn new concepts from that used in the past. Outside and internal drones, professional photographers, photo billboards, full page colour advertisements in relevant publications, a customisable SEO ( search engine optimisation ) website, all of which is not for selling a million dollar property but is now used for the sale of a mid-range priced property. Have you been bemused to be presented with a property proposal to…