Why Asians & Europeans Should Buy in South America

Why Asians & Europeans Should buy in South America
The biggest reason is the currency differences. South American Currencies are like the dollar in that they have been steadily losing value against other world currencies. Some of the currencies are undervalued. The Argentine Peso is 3.16 to the US dollar, which is pretty good. Most of the property there is priced in dollars though so that doesn’t really help some of from the USA. The dollar is 1.47 to the Euro. A European can get a significant advantage. The yen is 112.32 to the dollar, which is not all that great. The Yuan or RNB from China is 7.31. The Chinese have been accused ot keeping their currency artificially low; but considering recent events, that may not be the case any longer. Europeans will be the big winner on currencies, at least in the short term.

The next big reason is the things that are happenning to many of the South American Economies right now. They are shifting from commodities based economies to industrial and service based economies. Investing in South America now, with the exception of Bolivia, Venezuela and Ecuador, is like investing in the USA 150 years ago. The big difference being that they will probably compress 150 years of development into about 20.

The third reason is the agricultural potential. The coffee business has been hijacked by the Africans and Vietnamese. Soybeans, exotic herbs and fruits, ethanol and vegetables are the new order. The big users of these things are in the Northern hemisphere. When winter stops production in the North, summer prevails in the South.
David Segrest is a REALTOR in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com