Argentine Utilities Surge on First Rates Increase Since 1999

Bloomberg.com By Camila Russo

Argentine natural gas distributor shares are having their best week since October after the government allowed the first rate increases in 15 years.

Transportadora de Gas del Norte SA shares have jumped 18 percent this week, the most since October, and were up 4.1 percent today to a six-year high of 2.02 pesos at 4:08 p.m. in Buenos Aires. Metrogas SA shares have rallied 13 percent this week to 1.98 pesos, the highest since 2004.

Argentina froze utility rates in 2002 to help fuel economic recovery after a financial crisis drove the country to default on $95 billion. While natural gas prices have been largely capped since, inflation at around 25 percent made costs surge, eroding companies’ income. This week’s increase is a step toward improving their finances, according to Mariano Tavelli, president of brokerage Tavelli & Cia.

“We’ll have to wait and see the real effect on balance sheets but any tariff increase is good,” he said in a telephone interview from Buenos Aires. “If this means the situation is beginning to normalize for these companies, prices are still very cheap.”

The government allowed natural gas distributors to increase rates charged to residential and commercial users by 200 percent to 650 percent, depending on the company, area and type of user, according to a resolution published in the official gazette April 7.

Part of the rates will be used to pay for the difference in natural gas prices, which also increased.

The higher rate won’t be applied to users who reduce consumption by 20 percent.

“While it probably won’t make a huge difference in the bottom line, it’s a very good sign,” said Andres Chambouleyron, a senior consultant at Chicago-based consultancy Compass Lexecon LLC. “The government recognized these companies are in trouble and did something about it.”

 

How to Immigrate to Argentina from an Arab Country

Kier Joffe Attorneys at Law: How to Immigrate to Argentina from an Arab Country

Kier Joffe Attorneys at Law: How to Immigrate to Argentina from an Arab Country

Find here the fastest and cheapest way to immigrate to Argentina from an Arab Country

EgyptAlgeriaSudanIraq MoroccoSaudi ArabiaYemenSyriaTunisiaSomaliaJordanUnited Arab EmiratesLibya PalestineLebanonOmanKuwaitMauritaniaQatarBahrainDjiboutiComoros

تجد هنا أسرع وأرخص وسيلة للهجرة إلى الأرجنتين من دولة عربية

The majority of the Arab Argentines are from either Lebanese or Syrian background with a smaller amount of Palestinian, Egyptian and Moroccan background.Among Arab Argentines, approximately 900,000 are Muslims.The interethnic marriage in the Arab community, regardless of religious affiliation, is very high; most community members have only one parent who has Arab ethnicity. As a result of this, the Arab community in Argentina shows marked language shift away from Arabic. Only a few speak any Arabic, and such knowledge is often limited to a few basic words. Instead the majority, especially those of younger generations, speak Spanish as a first language.

Many have gained prominent status in national business and politics, including former president, the son of Syrian settlers from the province of La Rioja.

Experienced immigration lawyers to assist you and your family to immigrate to Argentina from an Arab Country.

We assist individuals and families from Arab countries in their efforts to relocate to Argentina and obtain Argentinian  residency and citizenship. We manage and oversee a team of local Argentinian service providers to ensure that our clients’ applications are filed properly and that all follow up work with the Direccion Nacional de Migraciones (DNM) is handled in a timely and cost-effective manner.

Our services are catered to clients who wish to rest comfortably knowing that Argentinian licensed attorneys are monitoring their immigration status.

Our package includes:
• Reviewing all necessary documentation by an Argentinian licensed attorney in conjunction with our local team of immigration experts.
• Scheduling of all necessary appointments with the DNM.
• Obtaining certified translations of all documents.
• Obtaining notary stamps on all documents from licensed escribanos (notary publics).
• Ensuring that all documents are properly registered with the civil registry.
• Accompanying you to the DNM to submit your residency application.
• Tracking your residency application and immigration status.
• Accompanying you to government offices to apply for your temporary National Identification Card (Documento Nacional de Identidad).
• Responding to any additional requests by the DNM.
• Obtaining necessary follow up documentation, translations and notary stamps.
• Updating your residency application.
• Accompanying you to government offices to apply for your permanent National Identification Card (Documento Nacional de Identidad).

Residency Process

An Overview of the Residency Application Process

Kier Joffe takes great pride in walking its clients through each step of the application process. At no point will you be left to fend for yourself and you can rest assured knowing that your application is being managed by an Argentinian licensed attorneys in conjunction with our team of local experts.

A general overview of the residency application process is as follows:

Proving Identity
The applicant must gather his or her certified birth certificate and, if applicable, a certified marriage (or dissolution of marriage) certificate. These documents must be either “apostilled” or “legalized” depending on which country issued the document.

Criminal Background
The applicant must obtain police reports from the applicant’s country of birth, countries of citizenship and each place of residency over the last 5 years. Police reports must be either “apostilled” or “legalized” depending on which country issued the document.

Traveling to Argentina and Submitting Your Application
All applicants must travel to Argentina to apply for residency. Argentina requires an entry visa for any passport holder from all the  Arab countries if the visitor’s stated purpose is tourism.

Lastly, the applicant must physically appear before the local immigration office (DNM) to submit his or her application. Appointment times should be reserved at least three weeks before the desired dates. The moment the application is accepted by the DNM the applicant is considered a temporary resident.

Residency
A temporary resident is entitled to live and work in Argentina, much like a Green Card holder is permitted to live and work in the USA. Because of the overwhelming number of residency applicants, it now takes approximately 1 to 2 years for temporary residents to be granted their permanent residency.Please note that the DNM requires that applicants actually reside in Argentina at least 6 months a year in order to be granted permanent residency.

Why should I choose Kier Joffe to assist me with my residency application?

The answer is the professional and personalized service you will receive from our attorneys in conjunction with our team of local Argentinian service providers.  We have found our services in demand by those applicants who do not wish to micromanage the affairs of Argentinian service providers who often lack the diligence and competence our clients are accustomed to. Our law firm has located the best and most diligent native residency experts so our clients will not suffer unnecessary delays in their application.

Attention!

The honest truth is that we receive a lot of inquiries per month same as yours from arabs countries.
 
We are sorry but because Internet Scams without the copy of your passport we cannot help you, it is very important to establish what kind of VISA you can apply for.
Please bear in mind that the total legal fees could range from $3,000 to $8,000 USD and before you send us copy of your Biographical Passport Page to arabic@kierjoffe.com you have to pay a retainer fee of $95 USD by clicking here.
 
Thank you once again for your cooperation and we will be awaiting your passport and Credit Card payment.
The Kier Joffe Team
Arab Biographical Passport Page

Biographical Passport Page

How to Immigrate to Argentina from an Arab Country

How to Immigrate to Argentina from an Arab Country

 

KIER JOFFE is opening a new Office in Nordelta, Buenos Aires, Argentina

Buenos Aires, Argentina. December 2, 2013. The law firm of KIER JOFFE announced today that it has opened a new office in Nordelta, Buenos Aires, Argentina. The fast-growing, full-service Real Estate law firm adds its third location to current offices in Buenos Aires, Argentina.

KIER JOFFE (www.KierJoffe.com) brings to the Nordelta Area its deep experience representing celebrity, high net-worth and other individuals in luxury, personal residential, specialty and commercial real-estate transactions. Examples include purchases of luxury houses, villas, vineyards, polo ranches, apartments in Buenos Aires and estates in Patagonia.

Founded in 1940, the firm have assisted international clients in locating and selecting their ideal properties, represented their interests to achieve highly favorable terms in negotiations, and efficiently paved the way for a smooth transfer of ownership and a trouble-free management of tax and regulatory issues. In the past few years alone, Kier Joffe has represented internationally known clients with multimillion-dollar transactions

“Over the past two years we have seen a significant proliferation in inquiries and international clients particularly to Nordelta Real Estate investments, purchases and sales and also we were  appointed by Absolutely Real Estate Argentina, one of the Top Real Estate companies in Argentina as its legal advisors to help overseas buyers and investors:” says Managing Partner Elias Kier Joffe, who was recently featured in the New York Times. “The time is right for us to have a more formal presence in this critical Argentina real estate hub.”

Also Kier Joffe recently was appointed by one of the Top Real Estate companies in Argentina: Absolutely Real Estate Argentina

Kier Joffe also represents:

Individual Clients: Whether real-estate, family law, Probate, Wills & Inheritance, immigration or other business issues, we provide efficient, cost-effective service.

Business Clients: We handle a range of matters in technology-related industries including IT, digital media, various types of hardware and software, energy, transportation, retail, travel & leisure, professional sports, media, non-profit and real-estate.

Kier Joffe has assisted many start-ups and joint ventures to move ahead smoothly, on schedule and with the best structure and legal strategies, while also representing the interests of established companies in intellectual property and regulatory matters, acquisitions, labor and employment law, and more.

Foreign Law, Audit and Accounting Firms: Kier Joffe efficiently represent your clients’ interests in Argentina according to your instructions. Kier Joffe covers all 23 provinces.

The Nordela practice will be led by Mr. Elias Kier Joffe, who is a member of the CPACF – Buenos Aires Capital Federal Bar, member of the The International Bar Association (IBA), American Bar Association (ABA) and The International Association of Jewish Lawyers and Jurists (IAJLJ) and was awarded the 2014 Best Lawyers in Argentina list; he will divide his time among the firm’s offices.

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. Nordelta 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.

For more information about the firm, visit www.KierJoffe.com or contact Elias Kier Joffe here.

Argentina Service of Process|Buenos Aires Service of Process

Best Argentina Service of Process|Top Buenos Aires Service of Process

Service of process is the procedure by which a party to a lawsuit gives an appropriate notice of initial legal action to another party (such as a defendant), court, or administrative body in an effort to exercise jurisdiction over that person so as to enable that person to respond to the proceeding before the court, body, or other tribunal.
Notice is furnished by delivering a set of court documents (called “process”) to the person to be served.

United States legal procedure requires that each party in a case should be notified if actions are taken against them in a court of law. Process serving is an important aspect of the Due Process of Law.

Skilled Argentina Service of Process|Experienced Buenos Aires Service of Proce

People are notified of actions against them or court procedures involving them through the delivery of legal documents such as summons, complaints, subpoenas, order to show cause, and writs.

One type of service is called “substituted service”. This legal process of service is when the documents are left with an adult resident of the named party at the target’s home, or with a management level employee at their place of business. There are also circumstances when posting in a prominent place (followed up by a certified mail copy) is an accepted method of service.

In Argentina there are not certified agencies for proof of service. However lawyers can deal with this kind of process in court, passing before and after the notification though the Central Authority of the convention, or directly, we can serve documents accordingly to what court orders.
We also can deal with ID verification process.

Free, confidential consultation
We understand how daunting it can be to choose a lawyer in Argentina from another country. Please feel free to contact us with any questions, or to discuss retaining our legal services.
We offer a free initial consultation on your legal matter, with full protection of attorney-client confidentiality, as required by Act number 23,187 section (6) subsection (f).

“Give us a call today, or just fill out the Quick Contact Form on the right, and we will get back to you.”

USA: +(1) 212.300.6377
ARG: +(54) 115.218.3100

Argentina Service of Process|Buenos Aires Service of Process

Argentina Service of Process|Buenos Aires Service of Process

Argentine New Civil Code: the impact on the daily lives

From August 1st, 2015 they will change the rules in everyday life. Nothing is equal before the law: birth, marriage, children and even die. That day will come into force on the new Civil Code of the Nation, which is a private life that the Constitution is public, in the words of its ideologue, President of the Supreme Court, Ricardo Lorenzetti.

The new law will bring very specific changes, which are, according to experts, an effort update to the lifestyle of today’s society.

So, fidelity disappears as marital duty and infidelity as grounds for divorce. People who marry may choose whether to live together and if they share their property. Those who choose not to marry can sign a cohabitation agreement and determine what it’s up to each if separated. To divorce will reach that one of the two wants, and disappear the causes and deadlines. The children have to hear both lawsuits as everyday decisions; for example, to leave the country with a child over 13 years is not enough traveling both parents. We will have to ask the guy if he wants to leave the country, like before making a medical practice. This, by setting out just some of the achievements in family life.

The previous Code which governed for 144 years, reflected another type of society, responding to a single model of family and a vertical relationship.

But there was also outdated to continue to regulate the daily life of the Argentines.

So five years ago, at the initiative of the national government to a committee of 100 lawyers, coordinated by Lorenzetti, by the judge of Supreme Court Justice Elena Highton de Nolasco and former member of the Supreme Mendoza court Aida Kemelmajer Carlucci was convened. After a year of discussions, they prepared a draft in 2012 gave the government, which after making a series of amendments, sent to the National Congress. He underwent more than 15 public hearings across the country, where over 1200 papers concerning who wanted to review the changes that were being received. However, according to Deputy Pro complaint Pablo Tonelli, who worked closely on the project, “the contribution of citizens in public hearings was ignored. No resulted in any concrete change in the text of the Code.” Two and half years later Congress into law.

The previous code had become obsolete, to continue regulating the lives of Argentines

From the day after tomorrow, the daily lives of Argentines must abide by these new rules.

BE BORN

When does life begin? Under the new Code, the existence begins at conception. The term “uterus” was removed. It is considered that life begins from the fruitful encounter between the sperm and the egg, inside or outside the womb. It also states: “If not born alive, it is considered that the person never existed.”

Name. When enrolling their child, parents can put up to three names. The text does not speak of parents but “filial ties” and states that no one can have more than two. All children of the same couple must bear the same surname or surnames integration made bearing the first child.

Genetic alterations. Practices are prohibited aimed at altering the genetic makeup of the offspring, except that tend to prevent genetic diseases.

Children heard. It recognizes the right of children to be heard, not only before a judge, in processes that involved. Teenagers from 13 years should establish its consent to certain medical treatments or even to leave the country with his parents. They can be themselves noninvasive studies. Over 16 invasive medical practices may be made without the consent of their parents.

PAIR OFF

To marry must be 18 and the concepts of man or woman are replaced by “spouses”. Code is added to equal marriage, with all its scope.

End of fidelity. Disappears marital duty of loyalty and adultery no longer exists as grounds for divorce. The couple is not required to live and disappears the duty of “mutual respect”. Instead food assistance should be.

Pre- and post-nuptial agreement. By marrying can choose not to share or property. The decision can be changed once a year and must be certified by a notary. If they choose the regime of separate property, each takes its heritage as if I was not married. Opt for a regime or another can have economic implications on the tax question. Marriages already established before it enters into force the new Code must wait a year to opt for a system of separation of property.

Cohabitation agreement. Those who do not marry can choose to sign an agreement with longer ranges than the marriages. In case of separation can point out what happens to the house, what kind of education their children will have and who will care for them, what will happen to pets and property. They may also set a reward or compensation in the event of a member end the relationship.

Without agreement there equal rights. The law recognizes rights to couples but not certify or sign a cohabitation agreement. They are not property or inheritance rights, however, in case of rupture or death, a judge may decide that housing will temporarily corresponds to one of the two, but not the owner, especially if there are children, but also if that person has no other place to live or if he left “injured” by the other’s decision to end the relationship. You can ask for compensation or financial reward. Besides, I could live in that house for time equal to that relationship lasted.

Lord and lady. Either spouse may choose to use the surname of the other, with or without the preposition “of”.

Out divorce. It changes the way of divorce. They disappear deadlines and causes. It will not prove to a judge who was at fault of marital failure nor be required to make a therapy to restore the relationship. He reached with one of the two decide to break the couple. For that, you must develop a plan to present to the judge, proposing how family life has since organized: expenditure, housing, children, debts and so on. The other part of the couple could learn such a decision, to take judicial notice.

Universal protection of housing. A married person or in convivial union may not sell or rent the family home without the consent of their spouse or partner.

HAVE CHILDREN

There are new terms and criteria that are installed with the new Code. It removes the concept of “ownership” of the sons and replaced by “care”. He no longer speaks of “custody” but of parental responsibility. Either father or mother but affiliate link. No longer a visitation, but a communication system. The criterion of “procreational will”, according to which paternity is not defined by a biological link but by the desire to have a child appears.

Surrogacy. The draft envisaged and regulating surrogacy. Something that caused the rejection of the most conservative sectors of the Church itself. Finally the article was excluded.

Assisted reproduction. Although it was established that the subject of a specific law, the 26,862, introduced the concept of “procreational will” as a determinant of assisted affiliation, beyond the genetic affiliation. It states that if a couple can not become pregnant and decide to use assisted fertilization, using donor eggs or sperm, the affiliation will not be determined by the genetic material procreational but by the will of the couple. When the child is born you will be considered legitimate child of the couple, who can not contest paternity claiming genetic reasons.

Postmortem. The draft provides for the possibility of assisted fertilization after the death of one of the partners was made. This also excluded. And he emphasizes that centers must certify the authorization of the parties at the time of embryo implantation.

Biological origin. People born through techniques of assisted reproduction have the right to know their biological origin. The medical center must keep a record, to which the child can access through court filing in certifying the reasons why you want to know that information.

Adoption. The changes in the Code should mean a fast track processes, and that judges should be resolved within a maximum period of nine months on the situation of children growing up without parental care. At this time they must decide whether to declare or not adoptable. If not, you should return to her family of origin. But if this is not possible, for example because the situations which would remain away from home, should be authorized adoptability. Moreover, only valid adoptions of those that have been processed by registration in the Single Registry of Applicants for Guardianship with Adoption Purposes. The new Civil Code prohibits direct deliveries and guards in fact end up in an adoption.

Related children. A figure that recognizes the rights and obligations of the partner of the mother or father who is in charge of the care of children. It creates the related mother or father is entitled to be recognized by certain institutions. Such as in schools, or hospitals and sanatoriums.Moreover, you can not ignore the food and care of the child if the end of his relationship with the parent. In all these cases, the bond of father or mother shall be subject related to the presence or not of the actual mother or father.

Parents with a plan. Parents who decide to end their relationship should be established before Justice parenting plan, an agreement that includes the modalities under which child care play.This plan can set the time and place where the boy will remain with each assume their responsibilities, holidays, significant dates with family and everything related to communication between the child and the parent who does not live . To approve the plan, the judge will hear if the boys are or disagree with this proposal, or propose something different.

End of corporal punishment. The new Code specifically prohibits corporal punishment of children in all its forms, which in turn was contemplated by the previous Code.

DIE

The existence of the person ends by death, provided for in Article 93. The verification of death is subject to accepted medical standards, applying special legislation in the case of removal of organs. It also states that the absence of a person from his home without news of it has for three years to presume his death.

Heritage. The new Code modifies the percentage of legitimate inheritance, ie increasing from 20% to 33.3% the proportion of the inheritance that someone can let another person or institution, regardless of the existence of a family tie . This benefit, for example, who are not married, and that coexistence, certified or not, does not give inheritance rights.

Family trusts. The new legislation facilitates the creation of family trusts, that is funds that are created to be administered for a particular purpose.For example, someone who has a child with disabilities, or elderly parents and wants, besides heredity, leave resources to live and do not pass any need.

Declaration of incapacity. The new legislation eliminates the permanent nature of the disability statement. Instead, it will be for a specific purpose, such as the use of their property, which must be renewed every three years. And it includes the possibility of it by psychological factors or addictions of different types, for example, to play.

Dignified death. In circumstances of irreversible terminal illness or condition, you should consider the person’s decision to reject or accept extraordinary procedures and disproportionate to the possibilities of improvement or has the sole effect of prolonging a terminal in that state lifelife condition.