Paraguay is rated the best place in the region for business, according to says Latin American Economic Climate Index (ICE) 

The Latin American Economic Climate Index (ICE) released this weekend by Brazil’s Getúlio Vargas Foundation (FGV) highlighted Paraguay as the Mecca for regional business ventures, given the country’s outstanding performance. The FGV report highlights that, despite the increase in their indexes, other countries remained in the unfavourable zone (below 100 points): Peru (85.3), Colombia (72.8), Chile (72.7), and Ecuador (42.2). Meanwhile, Argentina climbed from 26.1 to 41.7, with the first economic…

On Arroyo Street: there is a new luxury hotel in Buenos Aires in a historic building

The Mihanovich Building, where the once elegant Sofitel hotel once operated, will reopen its doors in January as a new luxury hotel: Casa Lucía. For 15 years, the iconic Sofitel hotel stood as a benchmark of elegance and luxury in the Retiro neighbourhood. On the imposing Arroyo Street, full of art galleries, design shops, restaurants, award-winning bars and embassies, this iconic establishment marked its presence in one of the most impressive historical buildings in the city. After the Cabezas family failed…

The worlds most exquisite​ chocolate?

The Pure Nacional tree once at the heart of South America’s chocolate industry was believed to have been lost forever – until it was recently rediscovered by accident in Peru. Travelling to the Marañón Canyon in northern Peru is like stepping back in time. Mud-brick houses dot the hilly landscape. Electricity, which arrived in this area just three years ago, is only available in a few homes, and supply can be inconsistent. It only works about five days a week and you never know which five days these will…

How to Register a New Company in Peru:

Do you want to form a company in Peru but don’t know where to start?  It can be frustrating being unaware of the company incorporation process in another country. In this article, we remove a headache and provide you with all the information you need to successfully register a company in the growing economy of Peru. Let’s get right into it. What Type of Company Should I Form in Peru? There are different types of company structures you can choose from to start your business in Peru. The right one depends…

Paraguay’s Chaco Region – Its changing landscape from raw scrubland to productive pastures

The Chaco Region of Paraguay The Gran Chaco, located to the East of the Andes and to the West of the Paraguay River, is unevenly divided between Bolivia, Paraguay, Argentina, and Brazil. It stretches for about 1,500km North to South and about 700km East to West, encircling an area of about 250 thousand square kilometres. To visualize its size, one can imagine the area of Ecuador (about 248 thousand square kilometres). Chaco was originally entirely covered with native raw scrublands but is now undergoing a transformation.…

Argentina seen through different eyes

Historians will normally agree that history is best written by those who are not nationals of the country they are writing about. So it is not surprising that when The New York Times sent a journalist to cover the Southern Cone, once said that Argentina was like a five-star hotel in which all the guests were complaining about the room service. His metaphor had a message: that those fractious hotel guests had no reason to complain about the room service. They merely had to stop bickering and recognise what they…

A strong upturn in activity in the rural real estate market in Argentina

From the real estate sector, they affirm that external factors such as inflation in hard currencies and the value of commodities and land are activating the market. After a slight drop in the number of operations registered during July, in August, there was a new rise in the level of activity in the rural real estate market, according to the Chamber of Rural Real Estate Agents (CAIR). In this way, the activity shows a growing trend in the last five months. Among the causes, CAIR affirms that “the rural…

11 property tips when buying

My thoughts from 30 yrs in the real estate industry. Tip 1: Contact your broker, don’t wait for them to contact you – Good properties always sell, even in a challenging market. Your ability to buy the best properties that tick all your boxes comes down to your relationships with the local brokers, so take the lead and make sure they always think of you first when they become aware of that perfect property. Ask to be on their mailing list if you are not already. Tip 2: Buy when you can afford to…

Paraguay: A Hidden Gem in the Agricultural Market

Whenever agrichemicals players think of the South American markets, Brazil is the one that comes to mind. It became the world’s largest agrichemicals marketed a few years ago. Still, it is quite an elusive market for most players because obtaining technical-grade registration takes up to seven years. The second thing that comes to mind for those players who have contemplated a market entry into this region is risk. The area is known for its unstable currency and high inflation rate. And for those in India…

Brazil’s economic study highlights Paraguayan expansion

According to the new projections of the Brazilian Center of Economic Studies Fundación Getulio Vargas, Paraguay will grow the most this year, with an expansion of 3.9%. Uruguay and Mexico follow. Another positive fact for Paraguayans is that the country remains in an area considered favourable for business. According to the indicator released yesterday, the business climate in Latin America reached its best level in the first quarter of 2024 in the last 11 years. The so-called Economic Climate Index (ICE)…

BBVA Research: Argentina Economic Outlook. March 2024

Tendencias en la Economía Argentina
Javier Milei’s government took office aiming to have a less regulated and more market-friendly economy with the private sector as the main driver of economic growth. The core of his macroeconomic policy is to achieve fiscal equilibrium and eliminate monetary issuance to cover public spending as of 2024. Key points The new Administration has started correcting relative prices. The FX rate rose 120% in Dec-23 and has been moving at a 2% MoM pace since then. Regulated prices, such as transport and utilities,…

Investing in Chilean Agritech: Why it is very attractive?

Smart agriculture, water resources management, food traceability, agroinformatics, and agricultural biotechnology are some of the highest-demand subsectors. The Chilean market currently offers a range of opportunities for agritech companies which are dedicated to combining digital and traditional tools to increase efficiency, productivity, and sustainability in agriculture. Chile offers a dynamic business ecosystem, access to diverse natural resources, a favourable innovation climate, and a solid agricultural…

What are the restrictions on buying farmland in Uruguay?

1: Current Real Estate Ownership Restrictions in Uruguay Can foreigners own and occupy real estate in Uruguay, including shares in property-owning companies? Are there any restrictions? By Uruguayan law, any individual or legal entity may own real estate regardless of nationality or place of incorporation. However, specific regulations for agricultural land and rural exploitations require owners to be individuals or Uruguayan corporations with registered shares owned by individuals. Authorization from the Executive…

MercadoLibre now sells properties that can be paid with crypto

image of iBuenos Aires is a Slice of Food Heaven
The Mercado Libre e-commerce will allow real estate agencies to publish properties such as apartments, houses, land, lots and premises in Bitcoin. How the buying and selling of real estate in cryptocurrencies works. Today, Mercado Libre announced that it will accept property ads in cryptocurrencies . From now on, it will be possible to access properties with Bitcoin through the platform, and there will be an exclusive section of properties listed in cryptocurrencies. “We are always attentive to the changes…

House Hunting in Northern Brazil Coastal Regions

A Coastal Retreat in Brazil A FIVE-BEDROOM HOUSE ON THE BRAZILIAN COAST USD 650,000 This five-bedroom house is a short walk from a white-sand beach on the northeastern coast of Brazil, about 30 miles from the popular tourist destination of Natal. Built in 2006, it is part of a small gated development of 16 homes called Quintas do Coqueiral. The 4,300-square-foot house sits on about 1.2 acres covered in palm trees and grass. Visitors enter through two large wooden doors, framed by pillars. The double-height…
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