[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”yes” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column][rev_slider_vc alias=”Argentina”][vc_empty_space height=”37px”][/vc_column][/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” row_negative_margin=”disable_negative_margin”][vc_column][vc_empty_space height=”15px”][vc_row_inner row_type=”row” use_as_box=”use_row_as_box” type=”full_width” text_align=”left” row_negative_margin=”disable_negative_margin” css_animation=”” background_color=”#f9f9f9″ border_color=”#f4f4f4″][vc_column_inner][vc_empty_space height=”12px”][vc_column_text]
Argentina is the second largest country in South America with the third largest economy. The official language is Spanish; however, English is also spoken in the larger metropolitan cities. The country’s natural resources include fertile plains (also known as pampas) and minerals; including lead, copper, iron, oil and uranium. Several of the major industries are textiles, steel, agriculture and motor vehicles.
[/vc_column_text][vc_empty_space height=”12px”][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column width=”1/2″][vc_empty_space height=”52px”][vc_column_text]
Cities of Coverage
[/vc_column_text][vc_separator type=”small” position=”center” gradient_color=”yes”][vc_empty_space height=”10px”][vc_row_inner row_type=”row” use_as_box=”use_row_as_box” type=”full_width” text_align=”left” css_animation=”” background_color=”#f9f9f9″ border_color=”#f4f4f4″][vc_column_inner][vc_empty_space height=”70px”]
-
Buenos Aires
Client Industries
[/vc_column_text][vc_separator type=”small” position=”center” gradient_color=”yes”][vc_empty_space height=”10px”][vc_row_inner row_type=”row” use_as_box=”use_row_as_box” type=”full_width” text_align=”left” css_animation=”” background_color=”#f9f9f9″ border_color=”#f4f4f4″ css=”.vc_custom_1569615428284{background-color: #f4f4f4 !important;}”][vc_column_inner width=”1/2″][vc_empty_space height=”12px”]
-
Agriculture
-
Automotive
-
Construction
-
Energy
-
Entertainment
-
Financial
-
Food & Beverage
-
Hospitality
-
Manufacturing
-
Medical
-
Retail
-
Technology
-
Transportation
Our Solutions
Here’s how we can help.
[/vc_column_text][vc_separator type=”normal”][vc_empty_space][/vc_column][/vc_row][vc_row css_animation=”element_from_left” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column]
Paula Martinez
South Cone Supply Chain & Development LeaderContact Us
[/vc_column_text][vc_separator type=”small” position=”center” gradient_color=”yes”][vc_column_text]
Phone: +56 9 9256 7004
[/vc_column_text][vc_empty_space height=”5px”][vc_column_text]
Immigration Phone: +1 954 526 3354
[/vc_column_text][vc_empty_space height=”25px”][vc_column_text]
Opening Hours
[/vc_column_text][vc_separator type=”small” position=”center” gradient_color=”yes”][vc_column_text]
Monday – Friday
8:30 AM – 5:30 PM
[/vc_column_text][vc_empty_space height=”24px”][/vc_column_inner][vc_column_inner width=”1/3″ css=”.vc_custom_1571184115549{padding-right: 70px !important;padding-left: 50px !important;background-color: #ffffff !important;}”][vc_empty_space height=”5px”]
Hugo Peña
Senior Regional Immigration Manager- Official Currency: ARS (Argentinian Peso).
- Argentina is a Currency Controlled Country, which means it has a Central Bank that controls the exchange market. Therefore, landlords will not accept payments from abroad, since they will have to pay high taxes. They may accept it if they have a foreign bank.
- The local documentation needed are the work permit, DNI(Documento Nacional de Identidad), and CUIL (Clave Unica de Indentificación Laboral).
- The DNI is a mandatory ID card in Argentina and can be applied for once the visa has been approved. In order to obtain a local driver’s license, a DNI is required.
- The CUIL is the labor identification number and can be applied for once the visa has been issued.
- Opening a bank account may require several pieces of information, along with the DNI. Using the bank the transferring corporation manages their corporate banking with, may facilitate this process.
- Public schools are not recommended in Argentina and most assignees chose private schools, however there are limitations in the availability in the private.
- The length of a lease in Argentina is 24 months.
- Leases are normally negotiated in Argentinean Pesos and if so can only be paid in local currency. Some landlords may have accounts abroad and may accept to negotiate lease and rental payment in.
- If lease is negotiated in Argentinean Pesos, rent increases every 6 months by approx. 12.5% or amount negotiated with landlord. If the lease is negotiated in USD there aren’t annual increases.
- The security deposit is 2 month’s rent (1 per year).
- Once a property is selected, a RESERVA is provided and a deposit is required which is an amount left to hold/reserve the Property while lease is negotiated. Normally the amount is dictated by landlord as there is not an specific calculation. It can be a percentage or portion of the rent (example $1,000 USD for a $5,000 USDproperty).
- The realtor’s commission will apply depending on the area the property is located. If the property is located in the City of Buenos Aires (CABA – Palermo, Recoleta, Belgrano, Puerto Madero, Caballito) the commission is 4.15% of the 2 year lease and it’s paid the by LL. If the property is located in the outskirts of Buenos Aires (Pilar, Nordelta, San Isidro, Corredor Bancalari, Corredor Olivos,Tigre) the commission is 5% for the 2 year lease and it’s paid by the tenant.
NOTE: If the lease is in the company’s name the tenant always pays the commission.
- Some temporary housing leases require a commission of 20% + VAT of the total of the lease. The diplomatic clause is not applicable due to a law that stipulates that, if the lease is cancelled in the first year, a penalty of 1.5 month’s rent will need to be paid to the landlord. If it is cancelled in the 2nd year, the penalty is 1 month of rent.
- The employee usually signs the lease as tenant with the company serving as guarantor. If the company elects not to act as guarantor, the Lanldord will request another type of guarantee. Normally landlords would accept an insurance bond, that will cost 4% – 4.5% of the 24-month rent and will need to be renewed annually. Another scenario may be, the landlord asking for several months of rent to be paid in advance or additional months of deposit.
- If the company signs the lease as tenant and pays the rent there will be a35% increase on the rent.
- To connect utilities the DNI (local ID) is needed. Utilities are generally not included as part of the rent. Premier may be able to negotiate with the landlord to keep the utilities in their name until the DNI is available, however the assignee would pay the monthly costs. By doing this, the assignee could move into permanent housing on a more timely manner. If the landlord will be asked to keep utilities in their name, this requirement should be identified before beginning the home search by providing a status of the IMM process.
- The areas where affordable, desirable rentals are most likely to be located within Buenos Aires are, Puerto Madero, Recoleta, Palermo Chico, Palermo Soho, Palermo Hollywood, Barrio Norte, San Isidoro, Corredor Bancalari, Flores, Corredor.