Greetings!
I'm a would-be (probably will-be) expat fascinated with BA and in frequent dialog with others either already relocated to South America, buying property there or seriously considering it.
Our main guy (let's call him JC) lives in Santiago and says Chile is the only place to be. Others have personally scouted Belize, Panama and Uruguay. I enjoy comparing notes with them all, variously playing devil's or angel's advocate or just sharing links and other findings -- including BAExpats', of course. Thus far, AR[gentina] isn't in the running for any of those folks.
One of our chief concerns is the projected economic situation wherever we are (!) or end up. All of you seem to be quite comfortable with AR's economics, even if you agree it's hardly ideal. Tell us, please, your view of its future, especially re inflation. Wikipedia alleges that the peso's current official rate of inflation is 7.8% with an "estimated" real figure of 22%.
Inflation has wrought havoc on AR in recent times. You folks have brought yankee dollars with you which have real clout there at present, and more power to you. But where do you see inflation in BA going long-term, and how do you anticipate dealing with it?
How do you plan to get by if for instance the rate goes to 50-60-70%, or maybe 500,000%, with corresponding hikes in the cost of living? The dollar could easily go there but let's leave the dollar out of the discussion for the moment.
If you have reason to believe such things will never happen in AR -- or that any kind of hedges exist against them -- let's hear it. JC says Chile has an automatic system of adjusting bank accounts and wages to any level of inflation, but it's the only country that seems to have done so.
Throw in any and all views and angles, please. Who knows, you may gain some converts!
Thanks!
I'm a would-be (probably will-be) expat fascinated with BA and in frequent dialog with others either already relocated to South America, buying property there or seriously considering it.
Our main guy (let's call him JC) lives in Santiago and says Chile is the only place to be. Others have personally scouted Belize, Panama and Uruguay. I enjoy comparing notes with them all, variously playing devil's or angel's advocate or just sharing links and other findings -- including BAExpats', of course. Thus far, AR[gentina] isn't in the running for any of those folks.
One of our chief concerns is the projected economic situation wherever we are (!) or end up. All of you seem to be quite comfortable with AR's economics, even if you agree it's hardly ideal. Tell us, please, your view of its future, especially re inflation. Wikipedia alleges that the peso's current official rate of inflation is 7.8% with an "estimated" real figure of 22%.
Inflation has wrought havoc on AR in recent times. You folks have brought yankee dollars with you which have real clout there at present, and more power to you. But where do you see inflation in BA going long-term, and how do you anticipate dealing with it?
How do you plan to get by if for instance the rate goes to 50-60-70%, or maybe 500,000%, with corresponding hikes in the cost of living? The dollar could easily go there but let's leave the dollar out of the discussion for the moment.
If you have reason to believe such things will never happen in AR -- or that any kind of hedges exist against them -- let's hear it. JC says Chile has an automatic system of adjusting bank accounts and wages to any level of inflation, but it's the only country that seems to have done so.
Throw in any and all views and angles, please. Who knows, you may gain some converts!
Thanks!
