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Don’t Slay the Chilean Puma

A rewrite of the constitution would destroy the opportunity for the poor. When Chilean President Sebastián Piñera cancelled plans to host the Asia-Pacific Economic Cooperation summit in Santiago this month, he called it “a difficult decision that has caused us a lot of pain.” The pain for Latin America’s most successful economy is only beginning. Negotiations with terrorists and their political representatives seldom end well. Yet that’s what Mr Piñera seems to have in mind. He has opened the door…

Chiles stunning wealth, but poor services behind massive protests

The decision to add 30 pesos to the cost of a ticket on Latin America’s most modern public transportation system this month drew little attention inside or outside Chile, at first. People quietly fumed. A week later, high-school students launched four days of turnstile-jumping protests. Crowds of angry youths built up inside metro stations. It’s not about a 4-cent hike in subway prices With no warning, on the afternoon of Oct. 18, they set fire to stations, then trains. Then grocery, department…

Legal Representatives in Chile

For a person to qualify to be a legal representative of a company in Chile under Chilean law, the person must be an adult over 18 years of age and a permanent resident or citizen of Chile. They do not need to be an attorney, accountant, or even a partner / shareholder in the company; however, they may be such a person. They can simply be an employee of the company or volunteer third-party. Foreigners can not act as legal representatives of a company even if they own a majority of the company, until they have…

Argentine and Brazil agribusiness have an “ecological surplus”

Economist Nicolás Torre, from the IERAL Institute of the Mediterranean Foundation, published an extensive thread on the social network Twitter, highlighting that both Argentina and Brazil have a positive “ecological footprint”. That is, they have more natural resources available than those they consume annually to survive. Torre’s report came in response to accusations against South America in recent weeks. First by The President of France, Emmanuel Macron, when he said that Brazil does not…

Speculation vs. opportunism – a dangerous difference

The ability to be flexible and reactionary appeals to many would-be investors. They like the idea of identifying an opportunity and seizing it with gusto, certain it will pay handsomely. I agree there are advantages to being quick on your feet when locking down an opportunity, but this sort of transaction should trigger a moment of self-assessment. When making the choice on whether to purchase, ask yourself, “Am I a speculator or opportunist,” because the differences between the two are dramatic with expensive…

Chile declares agricultural emergency as extreme drought hits Santiago and outskirts

The Chilean government has declared an agricultural emergency in many areas to try to fast-track a series of relief measures for farmers, including provision of drinking water and medicine for animals. Central Chile is in the midst of what scientists have called a Mega Drought — an uninterrupted period of dry years since 2010. The capital Santiago, home to about half of the country’s population of 18 million and the regions of Coquimbo, Valparaiso and O’Higgins bear the brunt of this year’s drought,…

A sophisticated web of real estate brokers used Airbnb illegally to trick 75,000 unknowing guests

A $21 million lawsuit filed in New York alleges that a sophisticated web of real estate brokers used Airbnb illegally to trick 75,000 unknowing guests. Is this just New York or is it worldwide? A $21 million lawsuit is accusing a web of real estate brokers of using Airbnb to illegally rent over 250 listings to nearly 76,000 unknowing guests.  The lawsuit, filed in New York City on Jan. 14, accuses Metropolitan Property Group, a real estate brokerage firm, of using a litany of fake identities to rent out…

Why testing the market is a waste of time and money

In soft market conditions, I struggle to understand the motivation of some vendors who list their properties for sale but were unlikely to ever accept the reality of what buyers are prepared to offer.  The thing is I don’t really get why they would bother because it takes a lot of effort and a lot of their money to essentially just test the market. Why would anyone go through a campaign that lasts a number of weeks, costs a few thousand dollars, and requires keeping your property fastidiously clean to then…

First Global Industry Report “Blockchain Real Estate”

The State of Blockchain in Real Estate  –  2019 The FIBREE Industry Report is the most important yearly contribution of FIBREE to the market. It provides in-depth articles and a global overview of the latest developments in the field of Blockchain and Real Estate. I hope you find the study of some interest and value. Source: John Dean MarkunasFIBREE New York City Regional Co-ChairFoundation for International Blockchain Real Estate Expertise (Visited 54 times, 1 visits today) About Gateway…

How Will Climate Change Impact Latin America?

Regardless of whether you believe global warming is man-made or not, it’s clear that it is happening. According to Nasa the earth’s global temperature has risen by 1.62 degrees since the last 19th century, while five of the warmest summers on record have happened since 2010. As a result, established weather patterns around the world are being upended. Climate change will have an outsized impact in Latin America and will lead to far-reaching economic and social challenges. Indeed, in a recent poll by Pew…

Populists Governments are reforming Latin America Agribusiness but uncertainties persist

Key View • The recent wave of anti-establishment governments across Latin America could result in significant structural changes to the agricultural sectors in these countries. • The agribusiness sector played a key role in providing support to these ‘outsider’ political campaigns, and we believe agricultural reform will continue to dominate political discourse over the next few years. • We believe that the production of soybean, grain and livestock, mainly in Brazil and Argentina, is most…

The Problem: Property Not Selling? Maybe we can help

There are a number of reasons why otherwise prime real estate gets no interest from qualified buyers.  Is it priced for the market conditions? ( market values keep changing up and down ) Is it easily accessible to be viewed. Is it being advertised in the logical target markets? Does the quality of marketing represent the quality of the property? ie is it repressed by high-quality media that has been edited professionally? Here is an example from Cafayate, Argentina. Is the real estate salesperson experienced…

Latin America: agricultural perspectives

The Latin American region is an important net exporter of food and agricultural commodities, accounting for 16% of total global food and agriculture exports and 4% of total food and agriculture imports. The region is one of the few parts of the world with significant resources of unexploited agricultural land (concentrated in Brazil and Argentina), suggesting the region will continue to play a pivotal role in global food production and exports in the future. Many of the region´s countries have achieved respectable…

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…

Time Needed to Qualify for Citizenship in Chile

The department of immigration in Chile (Departamento de Extranjería y Migración) starts counting from the time you receive temporary residency stamp in your passport towards your five years of “residency” for citizenship, as the constitution of Chile only says “residency” without distinction to status as a temporary or a permanent resident of Chile. So, One year of temporary residency, plus four years of permanent residency, will qualify most people living in Chile as permanent residents to applying…
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