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Real Estate: Buying cheap in Argentina

Posted March 17, 2008

"If you come to Argentina to shop for an expansive spread of your own, here’s something you need to know: Argentina is keen to protect both its borders and its natural resources (with which it is well-blessed)." — Lief Simon 

by Lief Simon

Baltimore – (TFN):  The buy today in Argentina is land. This is one place in the world where it’s possible to buy big for very little money–as little as $50 per acre and less…but to get that price you need to buy tens of thousands of hectares.

If you come to Argentina to shop for an expansive spread of your own, here’s something you need to know: Argentina is keen to protect both its borders and its natural resources (with which it is well-blessed).

To that end, the country recognizes what it calls “security zones.” Unlike in other countries, however, where these protected zones are typically consistent country-wide, Argentina’s security zones vary by province.

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COME AND “DO THE DEAL”

On June 2 & 3, in sunny Cancun, Mexico, Lief Simon is hosting his Second Annual Global Real Estate Profits Summit. Thirteen of the world’s most experienced and most successful global property investors, developers and players will convene with a single objective: To show 100 select investors where to put their real estate investment capital right now.

During these two heavy-hitting days, Lief’s team will detail 13 hot markets and 15 current opportunities with the potential for double-digit returns… or better.

Lief’s Profits Summit is not for everyone. It’s for you, though, if you’re looking to get in early and get in wholesale. You want to be in the room with him and his A-list roster of speakers in Cancun if you’re looking for real estate investment opportunities with very big upsides. Find the full details.

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Note that, not only must you, as a potential foreign buyer, go through an approval process to buy in a security zone, but so must Argentines. However, for nationals, the process is little more than a formality. In fact, thanks to recent changes to the legislation, the approvals process for foreign buyers has gone from being an administrative pain in the neck to posing a potentially serious obstacle to investment. Read on to learn how to navigate Argentina’s security zones and find your own cheap South American haven.

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