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South American Real Estate News
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Who can buy Real Estate in Uruguay – physical or legal persons?

Cows in Uruguay
In many large South and Central American countries, there are limitations for foreigners buying farmland. ie Argentina and Brazil were foreigners can not buy properties bordering another country or very large properties. In Uruguay, there are no such limitations. The Uruguayan government is and has been very open towards foreigners who are investing in local Real Estate. Buyers from all over the world have the same rights as Uruguayan citizens. They are granted the same economic advantages when they acquire…

As Coronavirus Spreads, Bears and Fear Infect the Commodity Markets

Coronavirus continues to be a black swan hitting the markets, with both the stock market and commodity market getting hit hard on Monday. The Dow was on pace to have its worst day in two years. The number of cases outside of China shot up over the weekend, and the World Health Organization (WHO) even acknowledged the world is not ready for the virus’ global spread. DuWayne Bosse of Bolt Marketing says the main factor driving down prices on Monday is uncertainty. “Markets hate uncertainty, especially…

Uruguay introduces a new legal entity for business: Sociedad Anonima Simplificada (SAS)

Learn about the Sociedad Anónima Simplificada or SAS in Uruguay, and how it offers a new option for foreign executives to expand into the developing country. Entrepreneurs have long demanded more sophisticated tools to support commercial activity in Uruguay. Despite demonstrating positive GDP growth since 2003, there were still some limitations that impeded the growth of Uruguay’s entrepreneurial and commercial frameworks. On 11 September 2019, the government passed the Entrepreneurs Act. This…

Avison Young invests in Valuation & Advisory business for Latin America operations

Max Gill and Michelle D’Artigues join as Principals in Mexico City, continue partnership to grow business line for the region Max Gill and Michelle D’Artigues join as Principals in Mexico City, continue partnership to grow business line for the region Mexico City, MX – Emile Sarraf, Avison Young Principal and Managing Director of the firm’s Mexico City office, today announced the appointment of Max Gill and Michelle D’Artigues as Avison Young Principals. Gill and D’Artigues,…

Five Entrepreneurial Lessons I Learned Growing Up On A Farm

“The ultimate goal of the farm is not the growing of crops, but the cultivation and perfection of human beings.”—Masanobu Fukuoka On July 31, 1951, I was born on a farm in a faraway place called New Zealand. Today I run a Real Estate business in the heart of South America called “Gateway to South America“. For many years, I ran away from my farm-life upbringing because I thought it had no place in this business, but over time, I’ve come to embrace some of my farm-boy ways to a competitive…

LOBOS ISLAND *, BIRTHPLACE OF URUGUAY PASTORAL FARMING

Cartoon islands are usually a rock amidst water with a palm tree on top. In real life, however, islands are much more. Lobos Island (Isla de Lobos) in Rio Negro Department of Uruguay, was the breeding land for the first cattle to be introduced to Uruguay, the origin of what is today the number one gross national product. It still is an important source of quality beef and now it can be yours. Lobos Island geography Situated at the confluence of Uruguay and Negro Rivers, the aerial view clearly shows the meeting…

Understanding International Family Offices as an alternative source of investment capital

The role of the family office has often been misunderstood, even though the concept has been around (in a variety of forms) for hundreds of years. Still today, as this industry controls billions of dollars in assets under management, there are many intelligent, experienced finance professionals who cannot offer a complete definition of what a family office is exactly. Today, the family office industry is expanding at an impressive pace, with new family offices opening every month and assets continuing to…

The six biggest trends in global agriculture

The agricultural sector undoubtedly has its challenges; the impact of over taxation, increasing input costs, drought, waste, plastics, energy sourcing, labor, over-processing and methane emissions just to name a few. Equally, however, there are also many opportunities. So, what are some of the exciting trends we are seeing in agriculture today? Below I highlight six trends that we have identified, providing interesting insights into the rapid change underway in the sector and the potential investment opportunities…

” Open veins of Latin America” A must read for anyone thinking of doing business or living in Latin America

This translated book begins with a foreword by left-wing writer Isabel Allende, and here is  just one quote from her  introduction of the book: “His work is a mixture of meticulous detail, political conviction, poetic flair, and good storytelling.” The translation by Cedric Belfrage merits special note. This book sings in English, and the translator has done justice to the original. A major recurring theme throughout the book is that of capital squandered by the few while the many actually producing…

Uruguay passes an emergency law for the purchase of farms to facilitate easier processing for foreigner buyers

image of Free pasture cattle, Uruguay
Holders of entities that want to buy fields, in addition to natural persons, may also be legal identities ie Trusts, Funds etc The draft urgent consideration law includes changes in the acquisition of rural properties and agricultural holdings, since in addition to the entities that can currently acquire fields, those that have among their partner’s legal entities. Until now, entities that want to buy farms must be represented by “social quotas or nominative shares whose ownership is entirely accountable…

The Agricultural dilemma as disruptive Technologies take hold

A September 2019 report by RethinkX, an independent think tank based in London and San Francisco, predicts major disruption in food and agriculture over the next decade. Rethinking Food and Agriculture 2020-2030, the Second Domestication of Plants and Animals, the Disruption of the Cow, and the Collapse of Industrial Livestock Farming forecasts the wholesale collapse of dairy and cattle industries by 2030 as animal protein production is replaced by “precision fermentation” (also known as synthetic biology…

View Systems, Sannabis, the Only Company Planting Cannabis in Uruguay this Season

The company President applies to U.S. for a permit to import this raw hemp into the United States to be transformed into many different products while they get their transformation licenses in Colombia and Uruguay. They anticipate over 100,000 POUNDS and 3 Metric Tons of seeds with good oil content will be available in 45-60 days. View Systems, medical marijuana and hemp subsidiary, Sannabis S.A.S. (“the Company”) provides an update on their hemp operations in Colombia and Uruguay. Sannabis aims to become…

Top farmland investors name South America a top place to buy, lease and manage agricultural lands for profit

  Farmers’ fields in South America are among the most prized assets in a new global market for agricultural land that has sprung up alongside soaring commodity prices. Private equity and fund managers at a farm investing conference in Geneva named South America a top place to buy, lease and manage agricultural lands for profit. “The South American marketplace is really booming along right now,” said Mark Zenuk, managing director of the $3 billion NGP Global Adaptation Partners fund. Black…

Chinese beef importers seeking to renegotiate lower prices with Brazil and Uruguay suppliers

Folha de S.Paulo reported that some Chinese importers are refusing to pay for shipments that already arrived in China, seeking a discount from exporters Chinese beef importers are seeking to renegotiate prices previously agreed when they closed deals to buy dozens of shipments from Brazil and Uruguay because values are too high, according to a report in the online edition of local newspapers on Monday. The website of Folha de S.Paulo reported that some Chinese importers are refusing to pay for shipments that…

10 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 tough market. Your ability to buy the best properties that tick all of your boxes comes down to the relationships you have 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. Tip 2: Buy when you can afford to buy – You will never get: (1) High growth,…
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