INVEST IN ARGENTINA
Argentina has long been a favorite destination of the serious cattle rancher due to vast expanses, excellent grasses and a strong local demand for beef.
Over the years, the country has had its ups and downs with a myriad of political leaders that didn’t always have rural Argentina on the forefront of their minds.
With the election of the new President Mauricio Macri, the horizon looks bright for Argentinians and foreign investors as well. Currency restrictions have been lifted and the new administration openly welcomes foreign investors. Once again there are no restrictions taking foreign currency in and out of the country.
Reprinted from Forbes Magazine:
In the 14 years since the country carried out the biggest default the world had ever seen, international investors watched an economy that had long been one of their favorites turn into a pariah in global capital markets. Under the Kirchners -- first Nestor and then his wife, Cristina -- Argentina became best known for its byzantine foreign-exchange system, the seizure of privately-owned assets and the under-reporting of inflation.
All that could change now. Macri, a 56-year-old Buenos Aires native, is pledging to quickly reverse much of the Kirchners’ policies and open up an economy that’s posting back-to-back years of almost zero growth.
Investor excitement is tangible, a rarity nowadays in a region that’s suddenly fallen out of favor. Companies, including Germany’s BayWa AG and Brazil’s BRF SA, are prepping to expand their presence in the country and Argentina’s benchmark stock index soared more than 30 percent in the past three months as traders anticipated a Macri victory. Even the country’s defaulted debt -- the government fell back into default last year on legal grounds stemming from the 2001 debacle -- has been rallying, with prices on benchmark bonds climbing well over par value. Eager to reinsert the country in foreign markets, Macri has said that settling the old debts will be a top priority after he’s sworn in as president on Dec. 10.
“We are optimistic,” said Jody LaNasa, the founder of the $1.5 billion hedge fund Serengeti Asset Management, which owns Argentine securities.
Now is the time to seriously consider investing in Argentina as it will quickly become a destination for capital to be placed. No doubt, land prices will increase with demand and there will be upside to the investment besides the positive cash flow of a ranching operation.
Our Expert Team has “boots on the ground experience” in Argentina to assist you with every facet of land acquisition and operations.
LARGE SHEEP RANCH
5 DE ABRIL
9,000 Acre Cattle Ranch
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