Wednesday, April 22, 2009

Moving to Argentina – A soft landing in hard times.

Most people who are considering living overseas have already established the reasons why they are seeking a new life on foreign shores. The next task is to establish the best country to move or retire to.

There has never been so much information available to make this important decision and facilitate the crunching of the variables about cost of living, weather, health care, education, infrastructure, political and social climate.

For many Americans and Europeans being close to their home country is a priority. In the volatile socio political landscape these days is that really the wisest decision? It’s no secret that hardcore religious fanatics are bent on forcing their philosophy on the rest of the world. If the ´west´ doesn´t convert they believe that populations of entire countries deserve to die. Weapons of mass destruction will sooner or later fall into their hands.

Many will dismiss this as bad plot for a James Bond movie. But is it really that farfetched?

For the smart person looking for a soft landing overseas moving to Argentina could be the best option. Here are the reasons why.

•It is well down in the southern hemisphere well away from potential conflict hotspots.
•Cost of living is extremely low
•Health care is good and cheap
•Infrastructure is excellent
•Weather is mild in most areas, no hurricanes or tornados
•There is no animosity toward the country from extremists
•It is not dependent on foreign oil
•Its protectionists markets make it very self sufficient
•Foreigners by law have the same rights as Argentines in most matters
•Favorable residency/citizenship regulations

One of the most undervalued areas of Argentina is the Mendoza Province in northern Patagonia. This is known as the Napa Valley of Argentina. It gets 340 days on average of sunshine a year. Real estate is very cheap now.

Mendoza city is the capital of the province and real estate price have moved up steadily. Just to the south is San Rafael a town of about 120,000 where the smart money is quietly buying up real estate.

Large corporations from Europe, Canada and the United States have recently bought tracts of land for development. Some popular investments are wineries with vineyards. These are good for export as the domestic market in Argentina is saturated.

Another red hot investment is small self sufficient hobby farms; these are good for the person worried about the world economic situation and want to be comforted by the thought of being able to produce the basic essentials for survival. Another option is to buy a small farm near towns and convert the farmland to lots for residential development with potentially very large profits.

Looking at the big picture I would challenge anyone to find a better place than Argentina to invest or emigrate now.

Selected properties in Argentina

Country cottage on 7.5 acres
3 Houses on 3 acres with good rental income potential

Many more properties in Argentina are available here


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Expat Advice - Expat Finance - Expat Health - Invest Overseas - Live Overseas - Real Estate Overseas - Retire Overseas - Work Overseas - Hot Topics

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