Hi.
I live in Argentina, and just wanted to share this (maybe some light research on your part will be needed to verify/deepen):
-State bonds currenty yield 30%
-No risk, short term (30 days) investments in pesos yield 20% in dollars
-Minimun wages are 500usd
-Cheapest new cars costs 7000usd
-Nice apartment studios in Buenos Aires costs 70000usd
-Country Club houses cost 150000 with 200 in expenses.
-Groceries are more expensive than in NY.
-Credit cards charge a 120% in pesos (80% in dollars) to finance minimun payments.
-Presidential elections in August will be crucial for the economy and investments
I live in Argentina, and just wanted to share this (maybe some light research on your part will be needed to verify/deepen):
-State bonds currenty yield 30%
-No risk, short term (30 days) investments in pesos yield 20% in dollars
-Minimun wages are 500usd
-Cheapest new cars costs 7000usd
-Nice apartment studios in Buenos Aires costs 70000usd
-Country Club houses cost 150000 with 200 in expenses.
-Groceries are more expensive than in NY.
-Credit cards charge a 120% in pesos (80% in dollars) to finance minimun payments.
-Presidential elections in August will be crucial for the economy and investments