wordpress CMS theme

Majestic Beauty Meets Great Value in Bariloche

On December 9, 2009, In foreign investment, real estate, tourism, by InvestBA
You can't spell Bariloche without "BA" and you have to fly through BA to get there.

You can't spell Bariloche without "BA" and you still have to fly through BA to get there.

As the name of the site implies, we try to keep the focus on the City and the Province of Buenos Aires which includes Argentina’s portion of The Tango Coast. Still, there are times when foreign media outlets put the spotlight on other corners of this amazing country, and InvestBA readers should explore the opportunities that exist beyond BA. The New York Times gives readers such an opportunity today with the Great Homes & Destinations section showcasing San Carlos de Bariloche, a beautiful resort town at the base of the Andes in Argentina’s beautiful Lakes Region. The House Hunting home in question is a 4 bed/3 bath lakefront house on half an acre for $1.3 million, and the slide show is available here. The article offers a wide range of useful information for anyone contemplating real estate investment in Argentina. The majority of buyers today are from Argentina; however, “buyers from Europe and the United States are also common.” “There are no major restrictions for foreigners buying property in Argentina,” the Times notes, and home prices in this corner of Patagonia range from $100-$190/square foot compared to approximately $160-$280 in Palermo or $230-$460 in Recoleta. And while home buyers in Argentina typically pay a 3-4% commission, that is more than offset over time by low property taxes relative to the U.S., Canada and Europe. The tax bill on the 4,300 square foot home featured here is around $600/year. For those planning their initial exploratory visit, the Times recommends the Llao Llao as an ideal Bariloche basecamp.

0 Comments
Leave A Response

Tagged with: • • • • • • • • • • • • •
 

BA Lawyers Are Talented, Bilingual & Driven

On December 7, 2009, In competitiveness, culture, by InvestBA
Many Buenos Aires attorneys today stay connected with abogados.com.ar and other social media sites.

Many Buenos Aires attorneys stay connected today with legal websites like abogados.com.ar.

Nick Lawn, a young British attorney, spends the year working in Argentina and sends a “Postcard from Buenos Aires” to the readers of London-based TheLawyer.com. Like most expats, Lawn admits to bringing a few stereotypes across the pond in his equipaje, but working side-by-side with Argentine attorneys quickly dispelled any preconceived notions he may have held regarding their work ethic, dedication and professionalism. “I have been singularly impressed by all the lawyers I have met here in Argentina,” Lawn begins, “Along with the high degree of professionalism and expertise, one can not but be impressed by lawyers who have perfectly mastered the art of practicing law for international clients in a language which is not their own. The emphasis on the importance of legal knowledge in the course of practice is also extremely impressive here: partners and senior associates somehow manage to combine their day jobs with professorships at the university. In addition to these academic commitments, associates have billable targets not far short of those in London or New York.” On a cultural level, Lawn reiterates the oft-stated belief of InvestBA that today’s BA is more like “The Paris Manhattan of South America.” “People do dance tango in the streets,” Lawn admits, “but then again are more likely to be listening to the latest dance anthems or 80’s classics on their iPods.”

0 Comments
Leave A Response

Tagged with: • • • • • • • • • •
 

Subtes, Strikes & The “Anything Goes” Culture

On November 19, 2009, In competitiveness, foreign investment, by InvestBA
BA subway workers threw debris on the tracks to block service November 10.

BA subway workers threw debris on the tracks to block service November 10. (Source: Clarín)

One of the primary goals of InvestBA is to promote trade and investment opportunities in Buenos Aires, but in order to maintain credibility (and not come across as a Chamber of Commerce site), it’s important to highlight the occasional negatives as well. For that reason, “competitiveness” is one of the site’s main categories and these posts typically highlight the challenges Argentina faces in embracing economic transformation and competing on the global stage. Yesterday’s Brazilian article offered a laundry list of things that make BA great including a first-class subway system. Unfortunately, a Subte worker’s strike last week plunged the city into total chaos. The Miami Herald’s Andres Oppenheimer says the hidden costs of these strikes–440 so far this year–probably outweigh the millions of pesos in lost business. On a deeper level, the government’s willingness to let these strikes continue unabated is tantamount to embracing an “anything-goes” culture where chaos reigns and the political agendas of a few penalize millions of hard-working porteños. According to Oppenhemimer, Buenos Aires Mayor Maruicio Macri criticized the federal government at last month’s Americas Conference in Miami saying such protests and street closures only move Argentina “in the direction of an anarchic society, where there will be fewer investments and more poverty.” He added: “You often have just 10 people blocking traffic, and the police are protecting those 10 people instead of the hundreds of thousands who need to go to work. That’s ridiculous.” Indeed.

0 Comments
Leave A Response

Tagged with: • • • • • •
 

Equine Sport & Celebrations Abound In BA

On November 16, 2009, In arts & entertainment, buenos aires events, lifestyle, by InvestBA
The 116th Argentine Open Polo Championship runs now through December 5th in Buenos Aires.

The 116th Argentine Open Polo Championship runs now through December 5th in Buenos Aires.

While November always means the Breeder’s Cup for horse racing fanatics stateside, Buenos Aires holds its own this time of year with a variety of events for equine enthusiasts. The Hipódromo Argentino de Palermo is the focal point of many of these events including the Argentine Derby which was contested on Saturday. (YouTube video) According to Clarín, the Hipódromo is gleaming again after a recent $50 million renovation including a full Paddock remodel and the installation of several high-definition TVs.  The Argentine Open Polo Championship, the country’s oldest and most prestigious polo tournament, also kicked off this weekend in Palermo with matches running every weekend through December 5. Movistar is the title sponsor of the Campeonato which enters its 116th year; more information can be found on the official website. Another event on the immediate BA horse horizon is Tribuna Real, a four-day celebration of polo complete with fashion shows, cocktail parties and tango performances. Tribuna Real will be held at Hipódromo Argentino de Palermo, and online reservations for specific events can be found on the Tribuna website. All events with links and Google maps can be found on the InvestBA event calendar.

2 Comments
Leave A Response

Tagged with: • • • • • • • • •
 

ArtFutura: BA Event Blends Art + New Media

On November 4, 2009, In arts & entertainment, buenos aires events, culture, by InvestBA

ArtFutura takes place November 5-8 at the MALBA in Buenos Aires

The groundbreaking ArtFutura takes place November 5-8 at the MALBA in Buenos Aires

Call it Impressionism Meets Interactive Games … Acrylics Meet Animation … Typography Meets YouTube. Or better yet, just follow the porteños and call it ArtFutura. This incredible event, which blends art with cutting-edge ideas coming out of the worlds of new media, interactive design, video games and digital animation, returns to the MALBA for the second consecutive year. Originally debuting in Barcelona in 1990, ArtFutura continues to advance the ideas that art and science run increasingly on parallel paths and that art today is closely aligned with new media, the Internet and digital technology. Past participants include William Gibson, Theo Jansen, Toshio Iwai, Laurie Anderson and Hiroshi Ishii. The judges for this year’s event are Rodrigo Alonso, Patricia Saragüeta, and Gonzalo Fargas, Director and Editor of the popular 90+10 Magazine. Tickets are free but limited so, in the new media spirit of ArtFutura, jump on their Facebook page or visit the official site for more information. ArtFutura is one of several art, business, cultural and networking events that can be found in our new Buenos Aires Events Calendar complete with Google Weather and Google Maps for those hard to find joints in Capital Federal. And if you want to promote an upcoming event in BA, e-mail us at events@investba.com.

0 Comments
Leave A Response

Tagged with: • • • • • • • • •
 
Previous Entries
 
© 2010 InvestBA, S.A.