Global Business News
Keep up to date with the local business and regulatory environment. Market updates including business news, company formation, back office, accounting, taxation, legal, visas, international PEO and due diligence.
Most Expensive Neighborhoods in Latin America in 2021
By Team Latin America | | Argentina, Brazil, Chile, Colombia, Ecuador, LATAM, Mexico, Peru, Uruguay
Many of the most expensive neighborhoods in Latin America saw prices per square meter rise in 2021, representing a measure of recovery from dented real estate prices seen in 2020 due to the global pandemic. According to a study by Properati – a real estate platform active in Argentina, Colombia, Ecuador, Peru, and Uruguay – …
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4 Back Office Services in Costa Rica Ideal for Outsourcing
Outsourcing back office services in Costa Rica is a great way to streamline your operations while tapping into ...
Attorney in El Salvador: Find a Good Corporate Lawyer
Finding a good corporate attorney in El Salvador will be critical if you are planning on doing business ...
Streamline Operations with Payroll Outsourcing in Brazil
If you are doing business in Brazil or planning to enter Latin America’s largest market, you may find ...
Peru Imports, Export Sector Employment Hit Records
The Peruvian import/export sector has reported some highly encouraging signs in recent days, with the value of Peru imports hitting a 20-year record and employment related to the export sector leaping 24%. The figures point to a strong year for the sector in 2022, as well as for Peru in general, which is expected to …
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Crypto Firm Lemon Cash Evades Oversight via El Salvador
Argentinian cryptocurrency exchange Lemon Cash has escaped some of the oversight of the South American country’s fiscal authorities by delegating custody of the cryptocurrency it holds to a company based in El Salvador, where Bitcoin became legal tender in September. According to Criptomonedas.com, a cryptocurrency-focused online news publication, Lemon Cash made the announcement to its …
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Green Tech in Costa Rica: 7 Startups Seek Investment
Seven startups focused on green tech in Costa Rica have have graduated from a government incubation program and are ready for funding, in the latest example of the country’s efforts to promote sustainable business and development. Green technology is any tech or innovation whose use is intended to mitigate or reverse the negative effects of …
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Quito is Cheapest Major City for Latin America Real Estate
One of the cheapest major cities for Latin America real estate is Quito, according to a recent study, with the average price per square meter in the Ecuadorian capital just $1,225. The study included 14 major cities from nine countries around the region, with Colombia’s capital Bogota coming out as the second-cheapest thanks to average …
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2022 Minimum Wage in Colombia Makes Historic 10% Rise
The minimum wage in Colombia will rise 10.07% next year to hit 1 million Colombian pesos (COP) per month (approximately USD 250) — the largest increase seen this century. With inflation taken into account, minimum wage earners will see their spending power increase 4.77%, representing the greatest real terms rise in four decades, according to …
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Find a Company Formation Agent in Brazil
A company formation agent in Brazil will be able to offer you valuable advice and support throughout the company formation process, helping you to establish your business in the shortest time possible while giving you peace of mind that you are in full compliance with local regulations. Doing business in Brazil is known for the …
New Law Looks to Legalize Bitcoin in Paraguay
A new law seeking to regulate Bitcoin in Paraguay could see the South American nation become the second country in the world to accept the cryptocurrency as legal tender, after El Salvador adopted it in September. Debates held over recent weeks in the Senate of Paraguay have followed months of discussions and the development of …
Form a Stock Corporation in Costa Rica in 10 Steps
When entering the Costa Rican market, many investors choose to form a stock corporation in Costa Rica, thanks in part to the low number of shareholders required and limited liability they enjoy. For anyone who only needs a local executive, such as a regional sales director, or a small team for a specific project, such …
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Honduras Challenging ‘Big 5’ of Coffee Producing Countries
Increased Honduras coffee harvests over recent years have led the Central American nation to challenge the established ‘big five’ of coffee producing countries, made up of Brazil, Vietnam, Colombia, Indonesia, and Ethiopia. Brazil stands head and shoulders ahead of all other producers, generating an average of more than 73 million sacks of coffee per year …
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Mexico Fintech Industry Grows 16% During Pandemic
The number of companies operating in the Mexico fintech industry has jumped from 441 to 512 since last year, according to a new study highlighting how the financial technology sector grew significantly among all four members of the Pacific Alliance, which also includes Chile, Colombia, and Peru. According to the newly released Finnovista Fintech Radar …
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