KMPG’S Indirect Tax Guide to South America
KMPG’S Indirect Tax Guide to South America has been updated Here is a very informative indirect tax guide to doing Real Estate business in Latin America done by KMPG. Always seek to quantify and qualify if there have been any recent changes. ( believe me, there will have been ) (Visited 125 times, 1 visits today) About Gateway to South AmericaGateway to South America is an independent Brokerage and Advisory company committed to helping foreign investors to invest in Argentina, Brazil, Chile, Paraguay,…
How To Obtain Residency and Citizenship in Uruguay
Figures released by the Uruguayan Immigration Office show that in 2012 over 5000 applications were filed for residence, but at the same time only 2400 applications were granted. This goes a long way to explaining why the time taken to obtain residence in Uruguay has shot up from 6 months only 2-3 years ago to around 24 months now. Since 2008 the number of applications filed has increased from just over 2000 to over 5000 i.e. 150 %. At the same time the number of employees assigned to residency applications…
Economic Snapshot of Latin America
(This article was written by Focus Economics and was published on December 9, 2014) Economic Snapshot of Latin America More complete data showed that growth in most Latin American economies bottomed out in the second quarter and that it is picking up slowly in the second half of the year. In the third quarter, the regional GDP estimate (excluding Venezuela which hasn’t yet published GDP figures for 2014) showed that the economy grew 0.7% year-on-year, which came in slightly above the 0.6% expansion observed…
Argentina outspends the rest of Latin America in education
Argentina outspends the rest of Latin America in education Argentina is one of the biggest investors in education throughout Latin America, according to an Organization for Economic Cooperation and Development study, which noted that Argentina allocated 6.3 percent of its GDP to education in 2012, compared to the five-percent average for the region and 5.6 percent for the OECD as a whole. The OECD is made up by an estimated 80 countries. President Cristina Fernández de Kirchner praised the study yesterday,…
A new study shows Argentina is a relatively safe country in which to live
WHO figures show Argentina is relatively safe country in world’s most violent region Homicide rates in Latin America are the highest in the world — clocking in at 28.5 per 100,000 inhabitants — but estimates by the World Health Organization (WHO) place Argentina in line with the best in the region with about six homicides per 100,000 inhabitants. According to the WHO, in 2012 165,617 people were murdered in Latin America and the Caribbean, making up about 35 percent of the the 475,000 homicides committed…
Is the International money transfer system about to change due to US Interference in the existing one ?
You probably know the SWIFT (Society for Worldwide Interbank Financial Telecommunication) system as that little jumble of letters and numbers you need every time you send money to a foreign bank account. It’s the global banking system’s address book and postal system. SWIFT has more than 10,000 members in more than 200 countries, and handles more than 15 million messages daily. But even though SWIFT is based in Belgium, and subject to EU law, the U.S. government claims legal authority over all SWIFT transactions…
How to choose an effective selling broker in South America
South America’s real estate market can be characterised by two important facts. Properties take longer to sell and have higher transaction costs than in most Western countries Why? Although it is slowly changing there is considerable informal selling both by vendors directly and speculative pricing. The end result is a confused market with little price transparency and few skilled brokers available. (Selling skills can be obtained two ways; by experience through selling large numbers of properties or by specialised…
Uruguay is no longer the Switzerland of the South
Uruguay gradually starting automatic data exchange with other countries and banking secrecy will a thing of the past Uruguay is no longer the Switzerland of the South Uruguay has long been the strong box of black money from Argentina and Brazil. Banking secrecy laws similar to Switzerland protected investors from investigation from their home countries. Some say Punta del Este was built on black money from everywhere from Russia to Australia. The Uruguayan government has already made it more than clear…
Are you single but want to buy a property to live in ? Read this first
Scared to Buy Alone? Four Tips for Single House Hunters You’re single and ready to buy. Right now, house hunting might feel a bit daunting, even downright scary. But it’s also one of the smartest decisions you can make, especially if you’re secure in your job or have family support and committed to a location. If you’re able to overcome your fear of commitment and head into homeownership on your own, here are a few key points that should make the hunt a little easier: Dream slightly over your budget.…
Latin America’s troubled middle class is here to stay
Latin America’s troubled middle class is here to stay This article was written by Christopher Lenton and was published on October 6, 2014 in BNamericas) In a recent report, Moody’s warned that the middle class in Latin America is “moderating.” “Economic growth throughout Latin America is slowing down, with growth in the first half of 2014 lower than we expected, negatively affecting both consumption and investment,” said Gersan Zurita, a Moody’s senior vice president. The…
Andres Oppenheimer: Latin America maybe doing better than it seems
Andres Oppenheimer: As we anticipated in a recent column, the International Monetary Fund and the World Bank have just released pretty grim economic forecasts for Latin America in 2015. But the truth is, only three big countries will do badly — and the rest of the region will do pretty well. Both the IMF and the World Bank, which held their annual meetings in Washington, D.C., last week, estimated that Latin America and the Caribbean will grow by a meager 2.2 percent next year, one of the region’s worst…
Where are Chinese retail Investors putting their money ?
WHERE CHINESE ARE HEADING This year, South Korea, Thailand and Japan are the top 3 countries for China’s rising middle-class travelling overseas. South Korea received a boost from its popular soap operas – which China’s first lady, Peng Liyuan is even a fan of. Japan’s weakened yen makes for affordable travel, and Thailand became more attractive to Chinese travellers due to its loosened visa requirements. For China’s affluent, the US, Australia, New Zealand, Europe and Dubai are considered…
Startups businesses surge in South America
(This article was written by Mark Lennon and Christine Magee and was published on July 1, 2014 on CrunchBase, for which they work as analysts.) Winter is coming in South America, but for investors and entrepreneurs things are starting to heat up across the continent. New tech communities are sprouting up in South America to serve the 200M+ population that is increasingly reliant on internet and mobile technology. In June the accelerator program Start-Up Chile announced Generation Ten, its latest batch of…
