Tag Archives: buenos aires

Buenos Aires, Argentina – Accounting Services – Tax Law – Certificate Public Accountant – Real Estate

When investing in Argentina like Buenos Aires, Bariloche, Mendoza or Patagonia, you will almost certainly require accounting services. It is essential that your investment and/or your argentinian company is correctly established in line with your business objectives and is then effectively advised and operated to ensure optimal taxation of benefits. In particular due to Argentina’s foreign currency policies your company must be correctly funded when initiated and certain procedures followed. Our argentinian Accounting  team has over 20 years of accounting experience and are available to advise, assist and if required manage your business presence within Argentina.

Argentinian tax can be slightly complicated and it is essential if you are investing in buy to let in Argentina that you use the services of a qualified accountant.

Kier Joffe can also assist with Investment Visas. These require an array of services and we can help establishing argentinian companies, making a business plan for the visa qualifications and processing the applications.

Conclusion

Our qualified, argentinian accounting team will ensure you can confidently focus on operating your argentinian business or investment with the assurance that its foundations and on-going accounting management will support you.

The proven Buenos Aires – Argentina lawyer professionals at the Kier Joffe law firm have experience working with foreign clients involved in all kind of cases in Argentina. Buenos Aires Argentina attorney professionals are knowledgeable in almost all the practice areas of law, to service its international cases in Buenos Aires Argentina. International clients will have the confidence of knowing that the case is being handled by an experienced and knowledgeable Buenos Aires  lawyer in Argentina.

www.kierjoffe.com

Buenos Aires – Argentina: Real Estate Legal Services and Conveyance

Pre-Purchase Due Diligence / Conveyance

When buying Real Estate in Argentina the document verification process and conveyance process is most certainly different in some aspects to the process as you are more familiar with in your home country.

Our law firm believes the first essential step towards ensuring your investment is secure is explaining and making visible to you the client, the Argentine legal document checking process regarding real estate purchases within Argentina. You will receive an easy to understand, detailed report before the process begins of all documents, taxes, considerations and vendor background checks that are required to ensure you a safe and informed real estate investment. The Argentine legal process is extremely bureaucratic and it is essential that you use the services of a highly competent and experienced Argentine lawyer. The system has several weaknesses and unless your Argentine lawyer is diligent they will fail to adequately protect you.

During the entire process with Kier Joffe you will also be able to easily track the progress of each step, see the outcome and of course any relevant information uncovered. This includes and online client login that is linked to our in-house process management software allowing you to see every step in plain English.

Finally, your legal case supervisor, a qualified and experienced local Argentine lawyer, will then provide you with an overall summary and any relevant advice required. With our head office in Buenos Aires, we can cover all provinces in Argentina.

As well as understanding the foreign purchaser’s need for this level of information we also understand the need for a more competitive and up to date charging method. As such Kier Joffe charge a low fixed fee for the services in place of the more traditional and more expensive percentage charges often associated with legal services for Real Estate in Argentina.

Other Services

In addition to our core service of Pre-Purchase due diligence, Kier Joffe offers the key legal support services foreign purchasers require. These include facilities such as power of attorney and Argentine Company administration. We also have an immigration consultant that can assist with Argentine Investment visas for those wishing to leverage their investment and operate a full time business or lifestyle in Argentina.

We realise that when buying Real Estate in Buenos Aires, Bariloche, Patagonia or that you, the investor, have many additional service requirements. We can help with all aspects of legal, accounting and logistics.

Conclusion

These legal services combined with that other services ensure that you the foreign purchaser can be legally informed, prepared and protected to ensure that your Argentine Investment can initiate and develop in accordance with your investment strategy.

Contact us today to speak with a Argentine lawyer.

The proven Buenos Aires – Argentina lawyer professionals at the Kier Joffe law firm have experience working with foreign clients involved in all kind of cases in Argentina. Buenos Aires Argentina attorney professionals are knowledgeable in almost all the practice areas of law, to service its international cases in Buenos Aires Argentina. International clients will have the confidence of knowing that the case is being handled by an experienced and knowledgeable Buenos Aires  lawyer in Argentina.

www.kierjoffe.com

Invest in Argentina – Buenos Aires, Mendoza, Patagonia

Making an Investment in Argentina

If you’re looking to invest in Argentina, then you might consider making a real estate investment in Argentina, such as buying a fixer-upper property. These aren’t as much of a bargain on a per-square-foot basis, but they are less expensive in gross dollar terms and often don’t take much work or capital to put into rentable condition. It is important to note that these days in Buenos Aires even the smaller apartments in good neighborhoods are doing well as short-term rentals.

Tourism has become a very big business in Buenos Aires…for all the reasons we’ve told you about…and smaller apartments (one and two bedrooms) are now great investments because they are ideal for short-term rentals. The demand is quite high, since most hotels are fully booked, and the cost of renting a short-term rental apartment is much lower than staying at a hotel. Either way, if you purchase an apartment in a desirable location–especially in the Recoleta and the Retiro areas–you probably won’t go wrong. Here, apartments in older buildings are reminiscent of apartments in Paris and Barcelona, and have tremendous style and character. They appeal not only to local residents, but also to tourists and longer-term visitors as well. And if you owned one of these, you would certainly want to have occasional use of it as well.

We also see lots of investment opportunity in areas in the south of the city of Buenos Aires, like San Telmo and Barracas. In these areas, the demand is strengthening, and due to its great proximity to all the better areas, they provide a great alternative. The other appeal these southern areas have is that there are plenty of character buildings, which are in the process of being renovated, and costs are very advantageous.

Ready to Invest in Argentina?

A first-time foreign investor in any country can’t be expected to simply drop in and get up to speed immediately. You need a local expert to help you understand the ins and outs of the market–especially in a place as diverse as Argentina.

Before you visit Argentina, we recommend you contact us. We are experts at helping to guide investors to the best local investment opportunities.

The proven Buenos Aires – Argentina lawyer professionals at the Kier Joffe law firm have experience working with foreign clients involved in all kind of cases in Argentina. Buenos Aires Argentina attorney professionals are knowledgeable in almost all the practice areas of law, to service its international cases in Buenos Aires Argentina. International clients will have the confidence of knowing that the case is being handled by an experienced and knowledgeable Buenos Aires  lawyer in Argentina.

www.kierjoffe.com

Argentina Real Estate

Excellent Argentina Real Estate Opportunities Are Available Throughout the Country

The architecture defining properties in Argentina is eclectic. Older buildings in Buenos Aires that would be well at home in any European city sit alongside unappealing highrises built in the ’60s, ’70s, and ’80s…and here and there, newer and less offensive modern structures share the landscape. The older apartments in Buenos Aires are much bigger than their European counterparts, making the real estate in Argentina much more comfortable than, say, the typical European apartment. For instance, the typical apartment in Buenos Aires is approximately 3,000 square feet, with three bedrooms, two bathrooms, a large kitchen, sitting room, dining room, and maids’ quarters.

Magnificent Apartment Properties

Most larger apartments in Argentina have one or two bedrooms and maids’ quarters, plus a back entrance with separate stairs and elevator for the maids’ use. The per-foot cost of these apartments is one-third to one-tenth that of a similar property in Europe. A 1,000-square-foot apartment, for example, in one of these Argentine properties of character will cost you about $175,000-200,000. All indications are that an investment in an apartment in Buenos Aires is a good one. If you are interested in making an investment in Argentina real estate here, you have two options: You can buy something small…something that would be considered a starter home for a single person or a couple, or you can buy a larger unit–a “classic” apartment in one of the better neighborhoods.

A smaller apartment would make a good long-term rental on the local market, returning about 4-5% (net of everything including the rental management fee) with minimal hassle. The only potential hassle would be an eviction. However, the property laws in Argentina related to eviction of a tenant are similar to those in the United States, and the eviction process isn’t overly difficult. There are steps to follow, but it’s nothing like Europe, for example, where even the most deadbeat of tenants can be all but impossible to evict.

Different Areas of Buenos Aires in Which to Buy Real Estate

In Palermo, a neighborhood in Buenos Aires that attracts lots of expats, real estate prices have fallen less than in other parts of the city, but they’re still very reasonable. End houses in the northern suburbs, which are where expats with families tend to navigate, are selling for up to 20% less than before the currency devaluation.

In addition to apartments in the capital, there is also an attractive real estate market right now for houses in the Buenos Aires suburbs to the north. Here, you will find quaint English-style houses built in the 1940s and modern, angular houses of more than 7,000 square feet with four-car garages. These are higher-value investments and, like apartment properties in Buenos Aires, offer long- but probably not short-term rental potential…plus the promise of impressive appreciation in the coming years.

If you are particularly interested in getting into the rental business with your Argentina real estate purchase, you might want to consider one of the northern suburb’s gated communities, to either buy a lot and build a home or buy an existing home. Returns in the best gated communities for long-term rentals are currently about 7% per year.

Overall, houses in the northern suburbs rent well on the corporate expat market, especially to families with school-aged children. There is an English-language school nearby, and the feel is more like the North Shore of Chicago than the Third World. There are shops, restaurants, parks, and there’s even a commuter train to the city. The cost per square foot for the ready-to-move-into houses ranges from $65 to $93. This is where the wealthy Argentines live, so the houses are big. In other words, although the per-square-foot cost is low, the total cost is not entirely insignificant. Small houses here are around 3,000 square feet and are selling for $250,000 and up. Every house has maids’ quarters. Most have back staircases for maids, swimming pools, and parrillas y quinchos–outdoor covered eating areas and brick barbecues.

The real estate in these suburbs undoubtedly has great potential for long-term appreciation (longer-term than the two to three years you might expect for apartments in the city). These are grand houses, built with “real” materials–granite (for the countertops), hardwoods (for the floors and windows), and brick (for the exteriors). Houses of this standard in a major U.S. city would go for at least four times what they are currently listed for in Buenos Aires.

The Argentine Real Estate Market Beyond Buenos Aires

Patagonia is a brand in itself, including Mendoza and its wonderful wine region and Bariloche and the lake region including San Martin de los Andes. Mendoza concentrates the best regions for wineries and vineyard properties, with prices starting as low as $75,000 for a 30- to 40-acre piece of real estate. A garden city with stunning views of the Andes mountains, it has five trees for every resident and its shady avenues impart a relaxing and tranquil pace. The wonderful climate is due to its location at the foot of the Andes. Mendoza is the fifth-largest wine-producing region in the world–grapevines were first planted by Jesuit missionaries in 1556. Nearly 80% of Argentina’s wines are produced here, including Argentina’s signature wine, the rich, deep-garnet Malbec, often called Argentina’s zinfandel.

Mendoza’s San Rafael was settled by Italian and Swiss pioneers. It is the home of Valentin Bianchi, one of Argentina’s largest wine producers, which exports to the United States and Europe. Wine enthusiasts are drawn to its sparkling wines and pleasant strolls through the landscaped property.

Bariloche is known as the “St. Moritz of Argentina.” Located in the Andean foothills on the southern shore of Lake Nahuel Haupi, Bariloche is surrounded by dense forests, alpine lakes, and 12,000-foot-high mountains. It was founded by German and Austrain settlers and rivals the Swiss Alps for sheer beauty. The town of 120,000 permanent residents sits on the lakefront and resembles a Swiss village with its wooden façades, mountainous scenery, and cathedral and clock tower in the center of town. Bariloche is popular both winter and summer for outdoor sports, and has very lively nightlife with music, dining, and dancing.

If you are considering other Argentina real estate options, then you will be pleased to know that there is some excellent real estate for sale. In the heart of Bariloche, a beautiful 1,700-square-foot Alpine-style chalet with a view of the lake will cost approximately $110,000, and a 3,200-square-foot house near the town center will be about $225,000.

Picture yourself at the head of a fabulous downhill run at the Cerro Catedral ski resort. You’re in the clear mountain air, viewing breathtaking scenery and inhaling the intoxicating aromas from the town’s many chocolate confectioners. Below are chalet-style houses with brightly painted window boxes.

Skiing starts in May at Cerro Catedral, just 12 miles from Bariloche, but the best time to hit the slopes is July to October. Important international competitions take place at Cerro Catedral, which offers 4,500 acres of ski-able terrain and is South America’s first and largest ski resort.

The Arelauquen Golf & Country Club, located just 15 minutes from the center of Bariloche, is a gated lakeside community with an 18-hole golf course. A bungalow here can be purchased for about $130,000 or a quarter-acre lot facing the golf course for $200,000. A pine tree-shaded lot on the shore of Lake Gutierrez will cost $100,000 and up.

The Chapelco Golf & Resort, only 10 minutes from San Martín de los Andes, features an 18-hole golf course co-designed by Jack Nicklaus and Jack Nicklaus II, an international hotel complex, and 432 real estate development lots. On average, lot sizes range from one-third to three-quarter acres, with one as large as 2.75 acres. Prices range from $75,000-200,000 per lot, and monthly membership fees are around $100.

Charming Córdoba is the nation’s second largest city and is located near the center of the country. The cosmopolitan city of 1.3 million residents has a historic city center and trendy restaurants and shops all within walking distance. Regarded as a cultural center, Córdoba is home to music and artistic festivals, and numerous small theaters and performance cafés. Property prices in Córdoba are a bit less than properties you will find for sale in Buenos Aires, and the farther you get from the city into the suburbs, the further your dollar will go.

The northeastern part of Argentina is a rural region with small provincial towns and the area is characterized by nature’s wonders and God’s works: The northwest is a treasure trove of Argentina’s colonial Spanish past. The region borders Bolivia and resembles mountainous Andean countries far more than it does the flat and fertile Pampas. It is an area of cobblestone streets and Spanish-tiled plazas, misty river valleys, craggy red rocks, and a significant flute-playing, Quechua-speaking native population.

The proven Buenos Aires – Argentina lawyer professionals at the Kier Joffe law firm have experience working with foreign clients involved in all kind of cases in Argentina. Buenos Aires Argentina attorney professionals are knowledgeable in almost all the practice areas of law, to service its international cases in Buenos Aires Argentina. International clients will have the confidence of knowing that the case is being handled by an experienced and knowledgeable Buenos Aires  lawyer in Argentina.

www.kierjoffe.com

 

Notarial Services: Embassy of United States Buenos Aires – Argentina

Notarial Services in Buenos Aires, Argentina

Consular Officers provide a service similar to the functions of a notary public in the United States. Notarial services are available to all U.S. citizens and foreign nationals with documents for use in the United States.

Appointments:
Notary services are offered by appointment only Mondays, Tuesdays, Wednesdays and Thursdays at 2:30 pm. If you have multiple documents to be notarized, you only require one appointment for that day. There is no fee to make an appointment, but while at the Embassy, you will need to pay a $50 USD fee for each notarial service.

On the day of your appointment, please arrive 15 minutes early for screening and bring:
• The unsigned documents to be notarized;
• A valid government-issued ID that includes your signature and was issued within the past 5 years.  A driver’s license, passport, DNI or cédula de identidad are acceptable, a student ID is not;
• A form of payment (U.S. dollars, Argentine pesos, or a credit card).
If your notary service requires a witness, you must arrange for your own witnesses. Consular Officers and staff may not serve as witnesses.

Allowable Documents
The following documents can be notarized at the U.S. Embassy byappointment:
• Real estate documents
• Affidavits
• Powers of attorney
• Forms for U.S. courts
• Saving bonds
• True Copies for W7 form (bring original documents with its corresponding photocopies)

The Embassy does not issue apostilles or authenticate U.S. or Argentine-issued documents, such as birth, marriage or death certificates. We cannot translate, authenticate or provide true copies of academic credentials or other documents. We cannot provide Medallion Signature Guarantees and cannot notarize Affidavits of Support.

Inquiries
If you are not sure if your document can be notarized at the Embassy, please email BuenosAires-ACS@state.gov. The subject line of your email should state “Notarial Question” and the email should include information about the type of document you wish to have notarized and where it will be used. We will inform you of whether the document can be notarized at the Embassy.
If an appointment is not available before the date on which your documents must be notarized, please email BuenosAires-ACS@state.gov and use the subject line “Emergency Notarial Appointment.” The email should include a brief explanation of why you are requesting the emergency appointment, the date and time for which you wish to schedule the emergency appointment, the number of documents you need notarized, and your telephone number. We will contact you as soon as possible.

The proven Buenos Aires – Argentina lawyer professionals at the Kier Joffe law firm have experience working with foreign clients involved in all kind of cases in Argentina. Buenos Aires Argentina attorney professionals are knowledgeable in almost all the practice areas of law, to service its international cases in Buenos Aires Argentina. International clients will have the confidence of knowing that the case is being handled by an experienced and knowledgeable Buenos Aires  lawyer in Argentina.

www.kierjoffe.com