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The seller is free to choose their own price of what they think their product is worth to them and what they think their clients will pay, the buyer is free to choose what offered price they buy it for - for example: if a cafe owner wants dollars in his pocket he may choose to sell his coffee...

Regarding conversion, there is no conversion in any of this. The seller can simply set one price in dollars and another price in pesos. Since they will now actually receive the same amount of dollars they are selling an item for (in cash or deposited directly into their USD merchant account if...

For the past few years a few private banks already issue U.S. issued credit cards (e.g. Amex platinum or centurion) for their Argentine customers who can pay them locally via CCL. This year a few fintech companies are also starting offering Argentine customers U.S. issued credit, debit and...

https://www.infobae.com/economia/2025/01/16/el-gobierno-confirmo-que-todos-los-precios-de-bienes-y-servicios-podran-mostrarse-en-dolares-la-medida-regira-desde-manana/ The government have announced a change to commercial law allowing prices to be legally shown in both USD (and/ or any foreign...

Bring a good book to pass the time.

Since when have Argentines not sought cheaper goods abroad.

Iguazu is an obvious choice for the US ambitions of global water domination...

Same here - there is already a christmas tree in the lobby for the neighbours to start placing gifts for the staff under. The chief portero and two others absolutely refuse to take cash (even when they go way above and beyond in helping out!) but a material gift or kind gesture is much...

Menem had Argentine, Turkish (which he got in 1992) and Syrian (which he got in 1996) passports. Nestor Kirchner’s mother was Chilean - making him Chilean under Chilean law.

Agree, I don't see the political motivation to change anything in any hurry. The more expensive Argentina becomes with a strong peso, the richer Argentines who have a formal job paid in pesos will feel as the last few years of feeling very poor in dollars are still fresh in their minds (even if...

Culturally, most Argentines don't really care about what the law or a contract says - they place more importance on the relationship where both sides try to be fair to each other knowing that in this economy each part will have their ups and their downs. When they feel that this is the case...

If your business plan will focus on local clients, ni hablar, it's all going to be part of the fun of being part of the game. If your business plan will focus on foreign clients, you'd probably be better off setting up a company outside of Argentina and coming here as some kind of digital...

There is one at the Starbucks in San Isidro on Libertador already - in front of an independent café that actually serves good coffee. But bueno, I'm sure it will remind it's Nordelta and surrounds target market of their vacations in Florida.

The advice I received from my lawyers (and indeed a very senior person at Migraciones) years ago was not to go down the path of an investor or rentista visa, just set up my company, register it with migraciones and hire myself by that company so that after renewing the temporary residence for...

Anything is possible. Really depends what kind of business and what kind of ambitions you have… but in general who you know counts far more than what you know in terms of making things happen. Also, forget everything they ever thought you at business school - erase it from your mind - just make...

Is it any surprise that countries with higher wages also generally have higher prices? Swissness aside, the large part of the CHF8 I pay for a coffee in Zurich has to do with the wages of the person pushing the button and passing me the cup and very little to do with the bean. And that barista...

https://tradingeconomics.com/argentina/wages In December 2023 the average wage was ARS 573.000 per month. The official dollar was 788,25 and the dollar MEP was 995. This made the average wage in December 2023 USD 725 (official) and USD 575 (MEP). That means it has increased, in dollars, by more...

https://www.infobae.com/economia/2024/12/09/argentina-tiene-uno-de-los-salarios-pretendidos-en-dolares-mas-altos-de-la-region/ It seems that Argentina has already regained its spot amongst the top of average wages in Latin America according to this published today. "According to a report by...

Was this the same methodology used to count poverty in 2023 and before in Argentina?

https://www.argentina.gob.ar/noticias/la-pobreza-y-la-indigencia-estan-bajando-y-las-proyecciones-revelan-que-terminaran-el-2024 Yet the government published this two days ago. Link to study cited...