More Brazilians Buying Vineyards in Argentina & Uruguay

Patrick Archer aruba, foreign investment, lifestyle, real estate, tourism, uruguay, wine & vineyards

Exactly one year ago, we shared the news that Mendoza is now the second-most popular destination for Brazilians in Argentina after Buenos Aires. According to the Ministry of Tourism, the southern region of Mendoza was the most sought after in January with San Rafael topping the list of visitors and hotel occupancy with 92%. Now, one year later, it seems many Brazilians are …

WSJ: More Americans Discover New Life in Argentina

Patrick Archer creative class, entrepreneurs, foreign investment, lifestyle, real estate, wine & vineyards

The Wall Street Journal’s ongoing series of travel stories from Americans living abroad touches down today in Argentina. Having lived and worked in Arizona, California, Colorado and New York, Yvonne and Tom Phelan were finally ready to settle down in 2007. Unfortunately, their lifelong dream of owning a vineyard in Napa Valley was priced out of reach, so they headed …

The Grapes of Wrath: Why Napa’s Loss Is Argentina’s Gain

Patrick Archer average prices, foreign investment, real estate, wine & vineyards

There’s nothing like a recession to test the limits of discretionary spending and consumer willingness to downshift to more affordable products and services. This has been especially true for U.S. wine lovers who, according to Bloomberg’s Dan Levy, are often passing up Super Premium and Ultra Premium wines in favor of “cheaper imports from countries such as Chile, Argentina and …