Contrarian’s Delight: Why Argentina Is The Best Place in the World

Freedom Lovers: Argentina's gauchos still roam the country's wide open spaces. (Photo: Luis Marden)

Whiskey & Gunpowder, one of the best online resources for freedom-loving individual investors, starts the morning off with this quality of life superlative from author Doug Casey of Casey Research: Argentina is the Best Place in the World. Back in November, Casey talked about Argentina’s bargains; now he’s expanding on the country’s value proposition.

The advantages for globetrotters and real estate investors are compelling including cheap land, relative ease of entry and exit, and no artificially-inflated real estate prices, given the scarcity of mortgages in Argentina and preponderance of all cash transactions. In contrast, the best-selling author feels the U.S. and Europe have both lost some of their speculative sheen due to growing state intervention and shifting demographics.

Granted, Argentina’s government and immigration policies are less than Utopian but, Casey says, the federal government is more incompetent than evil, while the immigration policies in both Argentina and Uruguay benefit tourists, real estate investors and income shifters alike. And while Casey describes Buenos Aires as “one of the great cities of the world,” it’s the lure of speculative opportunities amid Argentina’s wide-open spaces that increasingly resonates with free-market seeking Americans, Canadians and Europeans.  (Whiskey & Gunpowder)

For more information about retirement and investment opportunities in Argentina, download the new issue of InvestBA Privada.