Search results

These are still very early days to be able to judge whether Milei is going to succeed or not. If Milei can stay in office long enough to have beaten inflation and achieved monetary stability (whether through dollarization or otherwise) he will be successful. The measures he is taking to...

As I've stated before, I think a lot of folks on this forum are of the mindset that the state of equilibrium of the Argentine economy is that it is place that is naturally cheap in USD. That is only the case when draconian currency/ capital controls are in place that distort relative prices...

Toyota RAV 4 ( 50% more than USA) Toyota Corolla Cross (sort of SUV, same price as USA) Ford Kuga (sold in USA as Ford Escape, 50% more than in USA) Toyota Corolla sedan hybrid also sold at same price as in USA. If I was in the market for a compact sedan or compact crossover I would buy a...

Don't want to pay patente in CABA? Buy a hybrid ! Toyota sells a few hybrid models here for similar money to USA prices (for the corollas ) and Ford sells an Escape Hybrid as well. Hybrids and electric cars pay $0 patente in CABA and many other provinces. For the uninformed, patente equals...

IADT (larrea and Marcelo T de Alvear ) Swiss Medical on corner of Santa Fe and Pueyrredon

What you are missing here is when Argentina does not have draconian currency controls (and thus a parallel currency market) it is NOT all that much cheaper than Uruguay. The members of this forum have become accustomed to the politically caused distortions that are currency controls but that is...

I just received an email from OSDE that a 39.6% increase is coming for the bill that will be due in mid February 2024. I also received a 11% increase for the bill due in mid January 2024.

The peso price of fuel has doubled over the last few weeks

Everyone who has been paying attention and understands economics knew what had to happen here. Milei promised a shock of fiscal austerity and a wholesale restructuring of the economic and political system and we are in the early days of that and it will be a painful process. On the eve of...

The governors of all the provinces are who are pressing Milei to reinstate the ganancias tax as they receive a large chunk of that money. Milei is considering agreeing to it in exchange for the governors pressing their senators and diputados to support Milei's reforms in the congress.

The entire premise of this thread is generally ridiculous. 99.9% of locals do not and could not distinguish between an "expat" and any other foreign tourist, period. Residents of CABA have been dealing with a high number of foreign tourists of all budgets for at least the last twenty years...

I never mentioned citizenship. I said resident, as in people who live in Argentina (or any other country with residency based taxation system) more than 183 days per year and are considered tax residents by the local taxation authority.

You are asking the wrong questions. The right question would be: Will Milei eliminate the tax on personal assets? All countries with a few exceptions tax their residents income (and in the case they have an asset tax, assets) no matter where in the world they are held or derived.

I did a 4x4 off road trip to La Rioja and Catamarca in late April 2022. Drove from CABA and spent a night in Cordoba on the way to break up the drive; about 14 total hours of driving to Villa Union, La Rioja, which is the town to base yourself for 4x4 expeditions to Corona Del Inca. Corona...

During most of Macri's administration the difference between the dollar blue and the official rate was only a few basis points. There has always been an unofficial cash FX market for participants who prefer privacy.

"Economic Devastation" is exactly the current status quo in Argentina under the current Minister of the Economy and de-facto acting President Sergio Massa. Think hard on just how catastrophic the economic data is under the Massa regime: -200%+ annualized inflation (prices TRIPLING annually...

Your statement is is not at all an accurate representation of the reason for the IMF loan or where the money went. The reality is that the Macri administration took the IMF loan to avoid defaulting on USD denominated debt owned to private creditors and to maintain a reasonable chance of...

I'm amazed at the weight some of the forum members are giving to the prospect of an Argentine digital currency taking shape and coming into use so widespread it would snuff out tax evasion etc. Do you folks not realize that more than half of the entire economy and more than half the labor takes...

I've been a naturalized Argentine citizen for ten years and I went through the process with Dr Rubilar (BajoCero); I was among his first few dozen successful cases. The only way a naturalized citizen can be stripped of his citizenship is if he/she is found to have obtained it based on...

This is completely false.