21 May Argentina Real Estate
Argentina Real Estate
Above all, do not let the wild economy in Argentina call off an investment opportunity. In fact, big lows in the constantly changing world market are always followed by high peaks. However, the good news is, Argentina hit a major low and is currently on pause. Thus, the only way is up for the economy and the real estate market. In fact, with construction and real estate forming about 20% of the economy in Buenos Aires, the third most important sector of transportation and manufacturing.
In general, most people think Argentina is a country in crisis. But actually, that crisis is only a memory. The world has always been attached to an outdated stereotype of a country overrun by a constant crisis. In fact, this stereotype, which is just beginning to fade, is handing us an opportunity, as it has kept prices of Argentine land and Argentinian stocks low. Also, the recent strength of the U.S. dollar has pushed prices even lower.
It’s clear to anyone who has visited recently that Argentina has turned a page to a better future. The country’s middle class is vibrant and growing. Massive, intelligently planned infrastructure projects are underway. Just take a walk anywhere in Buenos Aires or in any other major Argentine city and you will feel dynamic energy in the air that tells you this place is on an upswing.
These opportunities won’t last forever. The word is starting to get out. But, for the time being, Argentina has not hit the radar of most foreign investors.
A good reason to decide to invest in Argentina Real Estate.
Investing in Argentine Real Estate is becoming an excellent opportunity and a great way to profit. There are other solid reasons to own property outside of your home country. It can accomplish key goals all at once. Owning foreign real estate could be an international diversification home run. For example, the property you could buy in Buenos Aires or elsewhere in the provinces would certainly give you the following benefits:
-Portfolio diversification. Real estate investment diversifies the mix of asset classes in your investment portfolio. It also gives you the option to generate foreign currency cash inflows from rental income.
-An easy path to residency in Argentina. Argentina, like many countries, will give real estate investors residency or a path to it.
-Diversified savings on a geographical and political scale. It’s extremely unlikely that your home government could ever confiscate your foreign real estate. In addition, the incredible lifestyle that Argentinians live is why Argentina is beginning to be at the very top of the international shopping list. With the election of the pro-market Mauricio Macri, there’s a good chance Argentina is turning the corner to a brighter economic future.
A privacy measure. Owning foreign real estate is one of the very few ways foreign investors can legally keep some of their wealth abroad while maintaining their privacy.
To sum up, our law firm specializes in Estate-Probate Law & Successions as well as International law in general. Additionally, we represent clients from the USA and all around the world who usually only speak English. Call us at: +1 (617) 610-2156 in the USA or at +54-911-4162-0021 in Argentina. Our email: [email protected]; Skype: “SLIMERES”. Also contact us through: Whatsapp, Viber or Facetime.