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  1. C

    Banking Getting dollars into Argentina to purchase real estate

    Absolutely Johnny! I hope to get down there sooner but if not we'll definitely meet up at the grand opening. What a great way to kick things off for new owners.
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    Banking Getting dollars into Argentina to purchase real estate

    Looking forward to the grand opening Johnny! Mike says you're right below us which makes sense. Canadians above Americans, the way God intended (say what you want but geographically that is spot-on) :)
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    Banking Getting dollars into Argentina to purchase real estate

    Great to hear, we're on the same payment program and it's pretty easy making transfers after the initial set-up.
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    Loud construction noise all day non-stop from renovation above. Can anything be done?

    You're about 18 months too late jbeas, but we all learned something here :)
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    If the Argentina peso is truly overvalued

    I'm not sure that's a fair characterization. The blue dollar was 1500 during my visit in summer 2024 and every forecaster said the peso was still way overvalued and the blue dollar would hit 2000 by year end, but it did the exact opposite and bottomed near 1000. It's only just gotten back to...
  6. C

    Bank robbery attempt foiled by discovery of a tunnel

    If you inherited 40 kgs of precious metals then I'm staying at your place next visit. Maybe you can have your driver pick me up too :)
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    Banking Getting dollars into Argentina to purchase real estate

    Realtor: Most people bring cash with them from the US, it saves them 2-3% in fees. Buyer: What are the risks? Realtor: You get robbed on the way from the airport. And maybe murdered. Buyer: :oops:
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    Banking Getting dollars into Argentina to purchase real estate

    Such a great story Dick, thanks for sharing!
  9. C

    Banking Getting dollars into Argentina to purchase real estate

    Agreed Wally, you could never get me to do that. I can't think of a worse risk vs reward scenario, other than maybe going to Venezuela as an American tourist :)
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    Banking Getting dollars into Argentina to purchase real estate

    BuySellBA is really good. The process in Argentina is absurd and we wouldn't have attempted it without their help. You also pay a lot of fees and taxes to different entities but the only one adding any value is BuySellBA. The rest of them just get in the way.
  11. C

    Banking Getting dollars into Argentina to purchase real estate

    BuySellBA arranged it all through an intermediary offshore, we wire funds to that entity and there is no extra fee. Definitely reach out to them if you want specifics.
  12. C

    Banking Getting dollars into Argentina to purchase real estate

    Guessing we used the same developer as your sister :)
  13. C

    Socialism and the Damage Done

    I hope so too. I still believe Milei's policies are by far the best option for Argentina, but he would have a much longer runway to create change if it wasn't for all the scandals.
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    Argentina will be in the group of countries that support the defense of Ukraine against the Russian invasion

    Probably sharing tips on hiding stolen money :) The Ukraine is a deeply corrupt nation and would make even Argentina blush. Some scandals have come to light recently but it's always been that kind of place and I'm sure Zelenskyy is up to his neck in it.
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    Socialism and the Damage Done

    Thank you Betsy, I was actually quite surprised that Milei would sacrifice his honor and respect for a few dollars. For awhile he held the world's attention as a crusader and a fresh face in South America, rooting out bureaucracy and corruption. The world was his oyster. Now he's just another...
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    Socialism and the Damage Done

    I used the title Socialism and the Damage Done as sort of a parody of Neil Young's song about heroin which is another infamously tough cycle to break. The user rarely seeks help until they hit rock bottom, when the money's all gone and friends & family avoid them like the plague. Trust is the...
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    Socialism and the Damage Done

    Makes sense. I am hopeful for Argentina but my belief is that the hole is so deep and citizens will eventually tire of the endless sacrifices, especially when their President keeps getting caught in scandals. Sooner or later another charlatan will come along promising lots of goodies and...
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    Socialism and the Damage Done

    https://finance.yahoo.com/news/houston-oil-ceo-calls-venezuela-230656306.html "Venezuela is uninvestable" - Exxon CEO For those of you with a soft spot for socialism, Kirchner, Kiciloff and the like, this is the kind of long term damage that socialism will do to a country. The US President is...
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    Best steak sandwich in the world - La Rambla (Recoleta)

    I'm sure you're right because $30 would be a lot for a steak sandwich in the US even. I only meant that the price in USD (using the proper exchange rate) had not gone up since the original post.
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    Best steak sandwich in the world - La Rambla (Recoleta)

    Geez, it's not a good thing for Argentina that you have to check receipts and banking apps after every meal. It will deter a lot of would-be visitors. If the government values tourism they will jump all over this.
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