From 1977 to 2023: what happened to residential property prices after each presidential election in Argentina?
After four years of declining property prices, values have stabilized, and there are promising signs of recovery: the analysis of the last 46 years in the Argentine real estate market. A few days before the presidential elections in Argentina, the real estate market is beginning to show signs of an imminent change in trend. To understand the complex behaviour of the sector, it is vital to contextualize the historical fluctuations of different economic moments, such as growth and recession cycles.…
The owners of the main soybean seed company bought 60,000 hectares for USD 195 million in Argentina
The Bartolomé family, owner of Grupo Don Mario (GDM) kept the entire shares of the Australian Farming capital company Liag Argentina. Gerardo and Ignacio Bartolomé, father and son, owners of Grupo Don Mario (GDM), the largest Argentine seed company and leader in soybeans also in Brazil, bought the entire share package of the agricultural-livestock company LIAG Argentina -with Australian capital. The transaction, for US$ 195 million -financed 60% by Rabobank- covers 60,000 hectares throughout the country.…
10 Mistakes many Real Estate investors make when starting off
Although this post is aimed at residential investors, it could apply to all real estate investor classes. Once the real estate market starts to recover, investing in property becomes an appealing option — either as a career or a great side job. Like any other endeavour, though, there’s a right and wrong way to go about it. Bankrate spoke with established, full-time real estate investors and professionals, such as bankers, to identify the traps into which real estate investors most often fall. 1. Planning…
How to set up a company in Brazil
How to set up a company in Brazil Setting up a business in any country is a challenge, especially considering each country’s laws and rules in setting up, opening, and maintaining a business in Brazil. It also presents just as much difficulty, but it becomes a lot easier with the correct information and tools. Having a corporation in Brazil can only come after much consideration and obeying the several types of obligations set out by the government. Depending on various factors and the objective of your business,…
Chilterra. Who is Ricardo Ríos, who once controlled one of Chile’s largest dairy farms?
The third largest national milk producer and former candidate for Regional Councilor for the Los Ríos Region with the Christian Democracy quota, the civil computer engineer who ran Chilterra SA after debts to well over US $60 million. Richardo Ríos has abandoned more than 200 families to their fate, some of which have taken over the Huite farm and kept it producing in the country’s south. Ricardo Ríos was the general manager and legal founder of the Chilterra group, a company composed mainly of the…
The Chilterra Chile dairy Syndicate turns cold for the New Zealand investors
Several New Zealand dairy farmers and investors stand to lose millions of dollars following the collapse of one of Chile’s largest dairy businesses. Around 18 New Zealand dairy and kiwifruit farmers and investors – from New Zealand and Chile – poured over US$50 million into Chilterra since its formation in 2006. Late last year, the company went into “judicial reorganisation” owing US$60m to a consortium of banks. Chilterra owns 7,200ha of farmland, has nine milking parlours and…
World Bank places Paraguay with the highest growth in the region
In its latest Growth Outlook report for Latin America and the Caribbean (LAC), available since October 4, the World Bank (WB) maintained its estimate from the previous quarter for Paraguay, with a forecast that it will grow by 4. 8% by the end of 2023. The report has a cut-off date of September 22, and the score maintained compared to the previous information stands out, when the organization cut the growth projection for Paraguay from 5.2% to 4.8% for this year. While the expansion for 2024 showed a forecast…
The new NK Gasduct in Argentina: an unprecedented feat in terms of construction time and economic value
The President Néstor Kirchner Gas Pipeline (GPNK), the most critical energy infrastructure project of the last 40 years, was carried out in record time – six months for the production of tubes, ten months for civil works – thanks to the industrial muscle of the companies of the Techint Group. The GPNK, inaugurated last July, constitutes Argentina’s most relevant energy infrastructure work in the previous four decades. Furthermore, it is possible to enhance the development of Vaca Muerta oil and…
Update on Argentina’s foreign farmland ownership
The Rural Land Law (Law 26,737) and the Border Security Zone Law set out certain limits on foreign ownership of rural lands that can restrict investment in the agribusiness industry. The Rural Lands Law limits the ownership and possession of rural land by foreign individuals or companies, irrespective of the use to which the land might be dedicated. Foreign persons must receive authorisation from the National Registry of Rural Lands to buy rural land. “Rural land” includes any land outside…
The Economist Ranks Buenos Aires as Top Choice for Digital Nomads in 2023
Buenos Aires Ranked as Top City for Digital Nomads in The Economist’s Annual Ranking. The annual ranking of The Economist magazine has placed Buenos Aires, the capital of Argentina, among the cities most chosen by digital nomads. In a new edition of The Global Liveability Index 2023, the magazine distinguished Buenos Aires as the city with the best quality of life in Latin America. For the second consecutive year and the eighth time in nine years, Buenos Aires topped the list of Spanish-speaking cities in…
What You Need to Know before Buying Agricultural Land in Argentina
Argentina is one of the world’s breadbasket. Blessed with a mild climate, fertile soil and abundant water, it has become an increasingly attractive opportunity for investors. Before you buy your crop farm or cattle ranch in the Pampas, the sheep ranch in Patagonia, the resort in Bariloche or the winery in Mendoza, you need to understand a few specific things about Argentine law and practice. We offer answers to eight questions as a starting point. As with anywhere else in the world, seek the advice of knowledgeable…
A FOREIGNER’S GUIDE FOR BUYING FARMLAND IN CHILE
A FOREIGNERS GUIDE FOR BUYING FARMLAND IN CHILE Maybe you visited Chile as a tourist and fell in love with the country, or perhaps you are aware of its strategies to become a global food supplier. Now you are considering buying some farmland there. Congratulations! Apart from mining, Chile has unique soil and climate advantages for agricultural exploitation and food production. Spread along 2500+ miles on the Southwestern Pacific Coast of South America, Chile encompasses all climate…
Thanks to new technology, they now harvest wheat in an unthinkable location, in Alto Chaco, in Paraguay
Just a few ays ago, the wheat harvest was completed on a test plot in the upper Paraguayan Chaco, in the Infante Rivarola area. It is a fact that was unthinkable only a few years ago, but that today is a prodigious reality achieved thanks to work, science and technology, as highlighted by the president of the Union of Production Guilds (UGP), Eng. Agr. Hector Cristaldo. The Paraguayan Chaco registers the full stage of agricultural expansion and in this process, the incorporation of winter crops with adaptation…
CEO of GTSA gives six negotiating tips for foreign buyers
Geoffrey McRae, GTSA Real Estate Consultants CEO, outlines some basic negotiation skills that can help when approaching the sales process in a foreign country. Many foreign buyers are uncomfortable or inexperienced with the negotiation process in a country where they know little about the local customs. While the vendor has their broker to negotiate for them, buyers are at their own mercy. ( the vendor’s broker will often also act as a buyer’s agent, which is the norm in most markets we cover,…
Cattle ranching in Paraguay: an investor’s perspective
Our aim here is to give potential investors an inside perspective on cattle ranching in Paraguay. In the next 50 years, a growing world population, rising affluence and urbanization will drive a significant demand and growth for livestock products. South America has long been a specialized beef sector, with 31% of global production, but there are still large undeveloped areas with cattle-raising potential. Most notably, the Chaco region in Paraguay offers opportunities for added value investment through transforming…
