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Argentina loses it's wig over the American dollar

11/1/2016

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So a lot of things have changed in the last weeks here in Argentina, with the new president lifting taxes on all agricultural crops (except soy which is taxed at 30%), and the roof on the amount of dollars allowed to be purchased. Of course this doesn't mean that the dollars are available, just that if you can find them, you can buy them! There seem to be the same numbers of 'Arbolitos' (little trees) calling out "Cambio"as you walk past on streets Lavalle and Florida, and sometimes the rate is still better than the official bank rate. Personally this Argentine addiction to the dollar is another fiscal disaster waiting to happen.
​As a foreigner I can recieve via FedEx deliveries from Karatbars direct to my door... HOWEVER, this is Argentina and nothing is as simple as it might be overseas.
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After a few phonecalls it turned out that the 'exception' was nothing more than an impatient delivery man who touched the intercom button then left without waiting for a reply. Aside from the overzealous deliveryman, like everyone pictured below, I recieved delivery in good time.

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“The postings on this site are my personal opinions and do not represent the positions, strategies and opinions of Karatbars International GmbH.”
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  • Gold Standard Partners
  • Blog - SMART Gold Exchange
  • How to Save in Gold - Freebay
    • Video en Portuguese
    • Two Ways To Join
    • Register Your Free Account
  • Think & Grow Rich.
  • Technologies
  • Blog - SMART Gold Exchange