Foreigners Can Now Double Down On Argentina Land Holdings

Patrick Archer competitiveness, foreign investment, real estate

Argentina’s 23 provinces have been busy since last year taking stock of how much territory is owned by foreign investors as required by Law 26.737, the Ley de Tierras. The measure, which established a cap of 15% on foreign ownership of rural land, sought to “protect Argentine natural resources, as a strategic policy for the country within a global context …

Barrick Gold Postpones Opening Date of Argentina Megamine

Patrick Archer agribusiness, foreign investment, real estate

A second straight day of cost superlatives for Argentina real estate. First McDonald’s makes front page news in Buenos Aires, and now the world’s largest gold producer hits a San Juan speed bump with its Pascua-Lama megamine. Barrick Gold made the announcement during yesterday’s quarterly earnings call. The mine, originally scheduled to commence production in 2013 will now begin in …