South American Real Estate News

Enforcing Contracts in South America ?

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Enforcing Contracts in South America?

The Enforcing Contracts topic assesses the efficiency of the judicial system by following the evolution of a commercial sale dispute over the quality of goods and tracking the time, cost and number of procedures involved from the moment the plaintiff files the lawsuit until payment is received. The most recent round of data collection was completed in June 2014 showing the following rating given to South America Countries. This was done by a The World Bank Group    It is a must read for anyone doing business in South America as sooner or later you will need to use the court system to enforce a broken contract.

Argentina             106

Bolivia                   111

Brazil                     118

Chile                        64

Panama                   84

Paraguay                 90

Peru                        100

Mexico                     57

Uruguay                 106

Other countries to show some relativity

India                       186

Italy                         147

Bahamas                 125

Israel                        111

China                        93

Taiwan                      93

Canada                      65

Read the methodology and read the full report click here

Contact the Gateway to South America team to learn about the best investment opportunities in the region. The company is a benchmark for foreign investors wishing to invest in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay, providing expert advice on property acquisition and investment tours.

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Post available in: English


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