citygirl said:
As far as the suggestion of starting a company to provide maid service - I would be able to answer as soon as pick myself up off the floor. I can think of no worse venture than that. So your business idea is based on having a large amount of employees who would be more than excited to sue you and having a company that would have to shoulder the legal responsibility in case said maid steals from the houses where he or she is working. How many lawsuits do you think you'll have to settle the first year?
As far as real estate - yes, that market is booming right now. And magazines in general are doing so well. Who exactly is going to pay to advertise in that do you think?
PS - I don't believe prenups have any validity in Argentina.
EXACTLY!! LOL. I really laughed when I read about someone thinking a temporary maid service would be a profitable venture. Most people don't want any strangers in their apartment. Especially these days when crime is worse than in past years.
Anyone that has lived in Argentina for any sort of time (several years) knows it's VERY difficult to find a trustworthy, hardworking and honest maid for the long-term. And NO, I'm not talking about a maid that will pretend to work hard the first few weeks then lazy out on you.
It's not too easy to trust maids to come in your house. The only people I've hired were maids that were referred to me by someone I personally know. In 8 years I had 2 maids. I had NO desire to have any strangers in my house.
Maids are also typically uneducated and will try to sue you if you fire them. I've always put my maids in white and even paid the legitimate taxes for them. I also paid them very well.
But in a temp agency type situation, there are a lot of potential problems including them potentially stealing from the people's places they are cleaning, turnover, undependable, potential lawsuits, etc. I can't see that as a good business.
And for people that didn't get citygirl's excellent sense of humor..... the real estate market is TOTALLY dead! No real sales volume. Sales have fallen off a cliff with all the restrictions by AFIP and probably will become worse with more restrictions probably in the pipeline.
Even tourism is on a decline with Brazil's economy having slowed down and not as much tourism from the USA and Europe.
I honestly can't think of any legitimate businesses operated totally in white that are too viable in Argentina right now. There may be a few but they are going to probably have higher risk. So it just becomes a risk/reward scenario.
Glossy magazines?? LOL. Magazine and newspapers are on a steady decline with all the electronic formats out there now (online, Ipad, etc).
As far as prenuptial agreements, they aren't valid in Argentina. The only assets that are protected are assets that you acquired before the wedding. For example, any real estate or land that you own before you get married, you can't lose in a divorce. But any real estate or assets you acquired during the marriage, your spouse will be entitled to.
They are very old school in Argentina. It's even hard to write your kids out of your last will and testament in Argentina. I've seen scenarios where a wealthy parent passed away and they didn't want to leave anything to their lazy no good kids but no way they could get written out.