More Americans and Canadians Discover Argentina Quality of Life

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 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.

CENTRE POINT Plaza de la República. Photograph: Chad Ehlers/PC/Getty

Michael Luongo paints a BA canvas in today's Irish Times. Photograph: Chad Ehlers/PC/Getty

“The elevator stammered at 14, but I could already hear the sultry, tinny, 1930s tango music above me, and I ran the final two flights up the rounded patio staircase, the music growing louder with each step. The sun would soon be reaching its golden moment, silhouetting the bronze dome of the Congreso building, three blocks away.”

Wow..some writers just know how to paint a canvas with their word selection. Perhaps that’s why Frommer’s chose Michael Luongo to write the Frommer’s Buenos Aires Guidebook which, according to the author, is “the best selling U.S. published guide to Buenos Aires and is purchased by about 1 out of 10 Americans heading to the Argentine capital.”

In today’s Irish Times, Luongo describes the BA transformation he has witnessed first-hand since the 2001 peso crisis, “Overnight a high-priced, at least for Latin America, destination, where the dollar and the peso were equal, became a destination with 65 per cent off. By 2003 the boom was evident, first with Argentinians holidaying at home and, later, with European, North American and Brazilian tourists arriving.”

For more information and beautiful descriptions of life in BA, enjoy the Irish Times article or, better yet, just buy the Frommer’s Buenos Aires Guidebook here.

 

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