steveinbsas
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sergio said:An Argentine friend is renting to other Argentines. The contract was for a dollar payment. When the lease came up for renewal the value of the peso had dropped substantially and the tenant complained that he could not pay the new price in dollars. My friend and the tenant came to an agreement for a new rent based in pesos. Of course my friend has an international perspective, has travelled a lot and speaks fluent English, so she is not typical of Argentine owners.
As nikad wrote in reply to your post:
nikad said:A regular rental contract ( 2yrs ) in foreign currency is illegal though.
Did you remind your friend that the "laws should be respected" as you stated in a recent post regarding foreigners living and working illegally in Argentina or are Argentines with an "international perspective" exempt from your legal standards?