A guide to buy real estate in Mendoza

Real estate transactions in Argentina are made in cash and in dollars. So, potential foreign buyers should consider this fact, since they will need cash to complete the transaction. Foreigners have basically three ways of getting cash into Argentina: a. Bureau de Change: Bureaux de change work as little private banks that transfer money to … Continue reading A guide to buy real estate in Mendoza

Regulations on real property

The development, acquisition and lease of real estate in Mendoza are mainly regulated by the Argentine Civil Code, which is applicable over the whole country. Also, provincial and municipal governments have their own specific regulations, licenses and authorizations. A lease of real estate is entered into between the parties in writing. A party agrees to … Continue reading Regulations on real property

Tax System

Taxes in Argentina are levied by the national, provincial and municipal authorities, and they are mainly imposed on income, assets and consumption. At the national level, it is the AFIP (Federal Administration of Public Revenue), a self-governed entity under the jurisdiction of the Ministry of Economy and Public Finances, which is in charge of tax … Continue reading Tax System

Hiring Employees

The hiring of employees is regulated by Labor Contract Act No. 20744 (LCT in Spanish), which establishes various types of contracts which are described below. INDEFINITE TERM CONTRACTS Typical labor contracts in Argentina are indefinite term contracts, under which the employment relationship extends until it is terminated by a specific cause such as the employee's … Continue reading Hiring Employees