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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…

LATAM Agribusiness Environment Overview 2019

Latin America is a key provider of agricultural, mineral, and other natural products to the rest of the world. Its diverse geographic landscapes and rich ecosystems, experienced local workforces and government agendas for sustainable development support one of the world’s most competitive regions for agribusiness. As the region’s political and economic stability increases, major consumer markets reach out to these countries to score preferential trade agreements and closer international cooperation…

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…

Now is a Great Time to Invest in Latin American Mining

For centuries Latin American mining has captivated international investors. Tales of Birú, a magical gold-laden land that we now know as Peru, were enough to convince Spanish conquistador Francisco Pizarro to lead a risky expedition against the Incas. In the short-term the mission was an outstanding success with Pizarro ransoming captured Inca emperor Atahualpa for 13,000 pounds (lbs) of gold and twice as much silver. In today’s prices that is almost $3billion worth of gold though the silver…

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…

Lithium battery dreams get a ​rude awakening in South America due to nervous​ investors

Lithium refining and battery-assembling facilities could help kickstart economies. But so far, public and private initiatives in Argentina, Bolivia, Brazil and Chile have failed to deliver even a single lithium cell factory. And none are set to be built through 2025. South America controls about 70 percent of the world’s reserves of lithium, the metal used in rechargeable batteries for mobile phones and electric vehicles, but none of the infrastructure needed to put it to work. Lithium refining and…

Latin America’s New Generation of Oil Producing Countries

Mexico and Venezuela have long been the oil powerhouses of Latin America. But with political uncertainty and market volatility mounting, a new generation of oil-producing counties are set to transform the region. Bloomberg’s Alix Steel dives deep into South America’s oil prospects to uncover the opportunities for homegrown companies, international oil giants and investor appetite. She examines the potential for Colombia, Guyana, Brazil and Argentina to transform Latin America into an oil production…

Chile and Peru have emerged as two of the real powerhouses of the Latin America fruit and vegetable sector

They have seen exports develop significantly to a wide range of international markets around the world. Since the mid-1990s, Chilean exports have boomed in terms of value from around US$1.3 to over US$5.5 billion per annum and Peru has seen its exports grow significantly, in the same period, from under US$200 million to over US$2.4 billion on an annual basis. In more recent years though the growth of Chilean exports has started to slow while those from Peru have continued to increase impressively. The two industries…

Chile: The Gateway To Latin America For Australian Business

Chile is well known as a regional favourite for Australian businesses looking to make their first moves into the Latin American market. Though the region overall is showing signs of impressive growth and a number of regional powers are emerging, Chile remains a firm favourite for Australia’s ambitious companies. Strong bilateral connections, close geographic proximity and similar economic strengths make Chile an ideal destination for Australian entrepreneurs. Chile: A Top LATAM Investment…

Santander to Connect Latin America to Ripple-Powered Remittance Service

Spanish megabank Santander Group is expanding its use of Ripple’s technology. The bank is building a “payment corridor” that would let customers in Latin America send money to the U.S. instantly for free via One Pay FX, a mobile app that uses Ripple’s xCurrent software, officials told CoinDesk. Currently, only customers in the U.K. and Spain can send money to the U.S. over One Pay FX. While the bank would not reveal how many Latin American countries it plans to connect to the corridor,…

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…

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…

EU Fearful of Including U.S. on Tax-Haven List

Although the United States fits the definition of a tax haven, EU officials in Brussels are wary of publicly shaming it on a “blacklist” of countries that allow companies to avoid taxes. Given Trump’s harsh rhetoric, the Europeans are worried about a further deterioration of ties. It sounded like a historical moment was in the offing. For the first time, Europe’s finance ministers were seriously planning on publicly denouncing tax havens by presenting a black list of countries…

The billion-dollar agritech start-ups disrupting farming

Investors such as Google and Temasek pile into another sector looking for help from technology Growers in the US have traditionally relied on a distribution system where they had little access to comparable data and opaque pricing of everything from seeds to fertilisers to pesticides. But the combination of falling prices amid bumper crops, consolidation of agricultural groups and the US trade war with China has forced them to seek ways to shore up revenues. Backed by investors such as Google’s venture…

An Overview of the Biggest Marijuana Players in South America

There has been a lot of buzz lately about marijuana reform in South and Central America. Although Uruguay will always hold the title for being the first country in the world to legalize recreational marijuana, the Green Wave is hitting the continent in one large swoop. Canadian companies have already seen this opportunity, as South American partners and subsidiaries strike deals for the production and global export of (for now) non-intoxicating CBD. But reform takes time. At the rate things are going, South…
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