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Why Invest in Argentina
Sales of property in Argentina are on the increase as serious investors look for early opportunities in this dynamic country. According to the magazine "Money Week", Argentina has become a property hotspot. Property prices are not only rising, but a stable parliamentary democracy is in place together with a strong police presence on the streets inspiring a confidence not shared by any other South American neighbour.
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According to the financial magazine "Money Week", Argentina is one of the best kept investment secret due to the following facts:
Argentina - among the fastest growing economies worldwide
In 2003 Argentina restarted its path of significant economic growth, the BIP was superior to 8,5%. The perspective of growth for the following years continued being encouraging, having itself considered a growth of the product of 6.2% for the current year. Currently the country is now one of the world's fastest growing economies with and steadily increasing GDP (with and annual growth of 8% in 2004, 2005 and 2006). Another proof for the economic growth is the development of foreign direct investment over the last year. Foreign direct Investment in Argentina has quintupled over the last three years. The tourism sector in Argentina is also beating all records currently; Domestic and international tourism has grown a 16,6% for the second quarter of 2006.
Skilled and competitive labour force
A recent study by the Argentinean Chamber of Commerce revealed that many international companies decided to open a branch in Argentina because of its excellent human resources, which is unmatched across South America.
Incentives by the Argentinean government
The government of Argentina passed several laws to promote the investments, which is a big advantage for local and foreign investors. Horizontal incentives: Applicable measured instruments, destined to favour the investment in any region or economic activity. Sectorial incentives: Regimes of promotion destined to an economic sector in individual. Regional incentives: Provincial regimes of promotion and infrastructure, a support to the investment.
Good infrastructure
The national Argentinean government has established among its highest priorities to improve, in cooperation with private local and foreign companies, the national infrastructure. Due to this effort, Argentina now displays a wide range of infrastructure such as road infrastructure, railway, harbour, aeronautical and telecommunications. This allows Argentina to increase the competitiveness of the productive sector and enables territorial and social integration.
A wide range of natural resources
Argentina is characterized by the plenitude and quality of its natural resources, which guarantees Argentina a competitive advantages within the food industry. Argentina is provided with an endowment of suitable grounds for the agriculture (the Argentinean territory has almost 250,000 km2 of farmland), like no other country worldwide. Due to its fertile land, the agricultural outlook (like wheat, corn, soy) is highly competitive on a global scale. Also, the length of the Atlantic coast (4.725 Km.) and the variety of its different kinds of fishes converts Argentina in one of the best fishing areas in the world. Also, in the last years historical records were reached in the production and export of different agricultural products
Booming tourism industry
Domestic and international tourism in Argentina has grown a surprising 16,6% over the last year. Argentina offers a wide range of tourist attractions from the buzz of Buenos Aires to skiing on the slopes of Patagonia, wildlife safari plus adventure sports as rafting, gliding and trekking. Argentina also has a very interesting history, such as the holy legendary ruins in Buenos Aires and museums. Culture is very important to the Argentineans and therefore you can enjoy the traditions of dance, folklore and music in this vivid country.
Highest GDP per capita
Argentina is the most developed country in Latin America; it has the highest GDP per capita, the highest level of education, good infrastructure, and a strong telecommunications industry including mobile, internet and wideband services.
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