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  1. LuckyLuke

    Foreign Exchange Rates on Credit Cards

    I contacted the user via DM and it is exactly as you described. The solution to the counterparty risk is simple, the dollar buyer can transfer the pesos first. I suggested this and received no response. Which cracks me up, because god forbid you never know how what kind of criminal expats are...
  2. LuckyLuke

    Travel Permission For Minor

    No, we did ask at the airport what we should use, and being that her Argentine passport was up to date, we were told to use that to avoid having any stay limitations. I would suggest calling the Argentinean embassy with this question to see if they have any particular restrictions against dual...
  3. LuckyLuke

    Travel Permission For Minor

    Howdy Alex, Standard disclaimer that I'm not an attorney and what follows is some random stranger's opinion. Short answer, yes she can enter/leave with a German passport. Long answer, depends how long you want her to stay in Argentina. My wife is a dual citizen. If she enters the country...
  4. LuckyLuke

    Housekeeper pay

    Howdy Frank, Yes, "en blanco" formalizes their employee status. You would factura them through AFIP as an employer expense and they in turn will need to declare their income through AFIP as an employee. You will pay a small employer payroll tax and they will pay a small employee payroll tax...
  5. LuckyLuke

    Foreign Exchange Rates on Credit Cards

    Excellent point arvest. This is true if you brought physical bills down here and still have them. But if you don't have any more? Then you're in the jungle with every other Argentinean going around with a dozen virtual wallets trying to fight a million different commissions while dodging the...
  6. LuckyLuke

    Housekeeper pay

    We pay 5000 pesos an hour here in Neuquen, in case you were curious about the top end. It costs us an additional 4,300 pesos a month to put them en blanco through AFIP. This is important as it covers them for personal injury liability while in your home. You can also buy a separate insurance...
  7. LuckyLuke

    Opening a Mercado Libre acct. w/o a DNI

    I had a Mercado Libre account with a drivers license #. It worked for a good 6 months and they eventually closed it for lack of a DNI. As another user pointed out. It can be opened without a DNI but only for a short while until their verification system catches up.
  8. LuckyLuke

    Foreign Exchange Rates on Credit Cards

    Howdy, I use a Citi American Airlines AAdvantage credit card. No foreign transactions fees. You get miles to spend on traveling too. There an annual fee, but it's more than worth it down here.
  9. LuckyLuke

    Rent options in BA

    Keep in mind, there are 4 points of negotiation in the contract: 1) The currency 2) The base rent 3) The adjustment interval (which is very important because of the compound interest effect) 4) The total contract duration You'll have to clarify more what the dollar option is. Is it $850 per...
  10. LuckyLuke

    Rent options in BA

    Howdy Shane, The answer to your question is a complex calculation. The website you reference is the ICL, which is a combination of the IPC (average inflation) & Ripte (average salary). Knowing whether to pay in pesos or dollars require projecting out the ICL and the Dollar that western union...
  11. LuckyLuke

    Are rents about to skyrocket?

    What a truly strange comment. "People who cannot afford to live in Argentina shouldn't" - I'll be sure to inform the 57% of poor argentines that they can kindly emigrate somewhere else. Aside from telling expats on a forum dedicated to the experience of expats living here not to complain about...
  12. LuckyLuke

    The 23-Hour Shopping Frenzy: Argentines Stampede Over Border

    Excellent assessment and fascinating comment. Who is taking the cut for these overspent dollars? To whose advantage is it to make a dollar worth less here? Not the caste, I would think unless they are stockpiling them for a higher brecha. None of it makes any sense to me, other than to try to...
  13. LuckyLuke

    The 23-Hour Shopping Frenzy: Argentines Stampede Over Border

    The article talks about Argentine tourists buying everything they can possible carry, except milk and eggs. These are not foreign imports. A strong Argentine peso would make everything produced in Chile cheaper, it would make imported tires in Argentina cheaper. But that's not what is...
  14. LuckyLuke

    The 23-Hour Shopping Frenzy: Argentines Stampede Over Border

    This makes the most sense to me...import taxes between the US and Chile are 0%. Average import taxes in Argentina is 22%. IVA Chile 19%, IVA Argentina 22%. Corporate tax rate Chile 27%, Corporate tax rate Argentina 35%
  15. LuckyLuke

    The 23-Hour Shopping Frenzy: Argentines Stampede Over Border

    The article comment about the "strong currency" makes no sense to me. The ARS has been plummeting against all currencies. In fact it's finally at parity with the Chilean peso. So if both currencies are the same domestically, then the real question should be why does it cost 40% more for...
  16. LuckyLuke

    Apply for CDI online

    Howdy Ottobe, There are probably more qualified members here who you can answer your question. However, when I applied for a CDI last year to buy a car I had to have a proof of address here, which required a signed form with a seal and two witnesses at a police station. I also was told by AFIP...
  17. LuckyLuke

    Retirement age to be raised to 75

    What a joke...anyone who has seen mortality statistics knows that the "balancing" of these socials retirement programs by adjusting the retirement age is double-speak for making sure a sizeable portion of the contributors die off before they can actually collect anything. How about letting...
  18. LuckyLuke

    ss earnings statement as proof of income

    I was able to provide bank statements, a business profit & loss statement, and a previous tax return to show proof of earnings in order to rent a furnished apartment. I must caution though, it was a furnished apartment that was dollarized on a monthly contract... the Argentina version of an...
  19. LuckyLuke

    Are rents about to skyrocket?

    You are correct, the first month of the adjustment is the highest in USD. Each month as the blue rate increases, the USD amount gets less until the next adjustment. This is assuming the USD rate is actually moving. Something it didn't do for 4 months (1/21/24 - 5/21/24). The point of all...
  20. LuckyLuke

    Are rents about to skyrocket?

    The projected ICL numbers are merely an assumption that the future ICL rates will slow at the same historical speed it's increasing...something I somehow doubt. The blue rate projections are based on the governments intended intervention of maintaining the existing brecha at no more than the...
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