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    Who has left or is planning to leave?

    Personal taxes, yes and no. Each country has their own tax residency definitions, and by no means all are based on 181 days physical presence. Many caveats exist such as ownership of real-estate, citizenship, visa category, businesses and "center of personal interests" (e.g. family, gym...
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    How much did your meal cost?

    Today in Palermo a flat white with vegetable milk and slice of cake ARS 7.000. Yesterday, a high end sushi restaurant in a fancy area.. 2 persons with bottle of wine ARS 53.000+10% tip. Same restaurant for lunch during the week has executive meal 4 hand rolls or chirashi bowl with drink for ARS...
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    Tough Times For Argentine Factories As Consumers Penny-pinch

    https://www.afip.gob.ar/gananciasYBienes/bienes-personales/conceptos-basicos/que-es.asp Sorry to burst your bubble of an idealists fiscal paradise, but bienes personales is a Federal tax. Perhaps speak to a different account or try becoming a tax resident, starting an business and paying your...
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    Tough Times For Argentine Factories As Consumers Penny-pinch

    Yet you still see Argentine brands in Mercosur countries (Argentina included) selling the products their consumers in foreign markets want to buy that are made in China, offering business services rendered from a campus in Uruguay and keeping their sales revenues from Spain in Spain, when they...
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    Tough Times For Argentine Factories As Consumers Penny-pinch

    Take a trip to Chile or Spain and you’ll see plenty of Argentine brands at shopping malls, from Havana, La Cabrera to Luciano’s to clothing brands or household brands like the Candle Shop. Throughout Latin America companies like MercadoLibre also has a major presence. The issue is, that in order...
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    Argentina's fiery economist-turned-president now is wooing politicians

    Not a bad result in congress, democratically getting some pretty major reforms across the line considering 70%+ of the congress is his opposition. But of course the headlines and commentators that continue to repeat on mantra that he is “incapable” of governing also said he was “incapable” of...
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    Who has left or is planning to leave?

    Joy on the streets in 2003? With a 63% poverty rate, in which more than 20% of people were people classed as "indigent", right after Argentina's most violent and traumatic economic collapses? Most people living a decent life? (63% poverty ...does not compute Will Robinson!) 2003 was somehow...
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    Who has left or is planning to leave?

    And important to note, with these programs you’ll never qualify for permanent residence nor have any possibility of naturalizing. (Similar to many programs in Asia and the Middle East also, something to consider well if looking for your “forever home” or worried about money or health running out…)
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    Who has left or is planning to leave?

    https://thailand-elite.com/#tve-jump-175fe4bdb97 https://www.thailandprivilege.co.th/home Thailand has these public-private residency permit programs they are selling. Choose the “package” (eg length of residence) you want, and welcome to the land of smiles. Perhaps the easiest way to get...
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    Who has left or is planning to leave?

    If anyone is looking at Argentina as a destination for the long-term then it is essential to understand that this country is inherently a very expensive (and indeed perhaps over-valued...) country in Latin America and always has been. It is very easy to loose sight of this at moments of economic...
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    Massive increase in long distance and local rail fares

    While I agree in principle, how is it possible to expect any business to use the additional money being made from higher prices to make multi-million dollar investments to glaze of years or decades of neglect and mismanagement after just a few days, weeks or months? Or the business lending...
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    Carlos Rodríguez: “We are going into an economic depression…

    Just take a look around. This country has been in an economic depression for years if not decades now. It is a shell of what it once was. The visible decay of society, infrastructure and cities resulting from a lack of investment and real growth doesn't appear after 130 short days...
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    Argentina buys 24 of Denmark’s aging F-16 fighter jets

    https://chequeado.com/ultimas-noticias/que-se-sabe-sobre-la-compra-de-aviones-f-16-a-dinamarca-por-parte-del-gobierno-de-javier-milei/ The sale to Argentina was authorized by the US congress in October 2023. If it was a good idea or not to proceed with the former government of Alberto...
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    Anybody else notice coffee recently not tasting good?

    In Spain, there are sky-high prices on olive oil at the moment also. In most supermarkets recently you will see olive oil with anti-theft devices attached to them or being kept in glass shelves... There at least, the unusually high prices are due to drought/ poor havests and resulting short...
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    Argentina's government (and a bot) say inflation is easing

    Obviously, they are just putting a positive spin on their own over pricing strategy without saying they are overpriced. In other news, INDEC has spoken. 11% inflation in March (of which 9,4% is core inflation) which with the exception of October, is lowest monthly inflation rate since August 2023.
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    Argentina's government (and a bot) say inflation is easing

    https://www.infobae.com/economia/2024/04/12/una-cadena-de-supermercados-congelo-el-precio-de-1500-productos-por-tres-meses/ Carrefour freezing prices on 1500 items for 3 months. Let the creative marketing games begin!
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    Argentina's government (and a bot) say inflation is easing

    It is true, and natural, that supermarket prices for many but by no means all items are going back down to more reasonable levels. Just yesterday saw supermarket brand bottles of water on sale for ARS300 - down from ARS1000 just some weeks ago, while just across the aisle a simple pottle of...
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    HSBC joins firms exiting Argentina amid Milei's economic makeover

    HSBC is actually leaving more than 7 countries around the world, including in Europe and Canada, at this moment to focus on Asia in a long announced strategy. Some years ago it also sold its bank in Brazil to Bradesco. Nothing personal with Milei or Argentina for that matter.
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    Eleven arrests as police crack down on protesters in BA

    https://www.instagram.com/infobae/reel/C5mXEezNhnM/
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    Aerolíneas discontinues flights to NYC

    NY-Buenos Aires is actually a pretty slim and fluctuating market that is more O&D in nature. Traditionally it never does that well for airlines. United could never make it work for more than a year or so at a time. Delta and American come and go, ramping up and down frequencies from one year (or...
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