“Contado Con Liqui” An Argentina Investor’s New Best Friend

Over the past eleven months, we’ve chronicled Argentina’s currency restrictions and the crippling spillover effect on real estate activity, primarily in the existing property market. Just as Uruguay hotels and tour operators are being equal parts creative and proactive in crafting programs to circumvent the cepo cambiario, so too are Argentina money managers, multinationals and currency exchanges. “Contado con Liquidacion Inverso,” …

Buenos Aires Office Space Costs 50% Less Than Sao Paulo

This according to a new report from Colliers International analyzing the average cost of prime office space in major Latin American markets. The average price of Class A office space in Buenos Aires is US$29 per square meter or US$2.77 per square foot placing BA third in Latin America right behind Bogota (US$33 per m2 or $3.06 per square foot) and …

Giant Grain Storage Facility Coming To Port of Nueva Palmira

When talking about port infrastructure in Uruguay, we typically focus on Montevideo, Punta del Este and the future deep water port in Rocha which will be the largest infrastructure project in the country’s history. But ask any commodity exporting farmer what the most important port is and they will tell you “Nueva Palmira.” Located at the mouth of the Uruguay …

Uruguay Teaching The World Valuable Lessons In Rice Production

This week Punta del Este welcomes the 2012 Global Conference on Agricultural Research, and one leading agronomist says the host country has plenty to celebrate and showcase for global visitors, farmers and agricultural engineers. Gonzalo Zorrilla, Executive Director of the Latin American Fund for Rice Irrigation, says rice production in Uruguay is “as unique as it is surprising.” The country boasts …

Uruguay Building Massive Science & Tech Free Trade Zone

Forward-thinking Uruguay is making another massive infrastructure investment in order to court more international companies and domestic innovation in the fields of science and technology. The Parque de las Ciencias (Park of the Sciences) is being built on the outskirts of Montevideo with the stated goal of becoming the most modern free-trade zone in all of Latin America. Companies relocating …