Covid-19 latest information
This guide is an accurate reflection of the pre-Covid-19 business environment in Argentina. Please note that due to the current situation, some circumstances may have changed in this country. Figures and data in the guide were last updated in May 2021.
While supermarket prices are often as high as in European or US cities, cheaper food can be found at markets and roadside stalls.
The fluctuating economy and changing government policies affect pricing. For instance, electronic goods have been expensive for Argentinians due to import tariffs, but those are now being lifted. Conversely, electricity prices, once heavily subsidised, are now rising.
Expats are drawn to Buenos Aires by its cosmopolitan, easy-going atmosphere and its almost European character. Cities such as Córdoba and Mendoza offer similarly attractive lifestyles. Outside urban areas, the range of Spanish dialects may be daunting to some overseas visitors.
The climate in Argentina varies from sub-tropical in the north to Arctic in the south, but the weather in Buenos Aires is generally warm and temperate.
In Mercer’s 2019 Quality of Living Index, Buenos Aires is ranked 91, topping the list as Latin America’s best city to live in.
|Furnished two-bedroom house||ARS 30,000|
|Unfurnished two-bedroom house||ARS 20,000|
|Furnished two-bedroom apartment||ARS 15,000|
|Unfurnished two-bedroom apartment||ARS 10,000|
Property costs vary hugely, with urban prices much higher than in ruralareas. Expats can expect to pay more than locals.
|Mobile call rate (mobile to mobile per minute)||ARS 5|
|Internet (uncapped ADSL or cable)||ARS 750|
|Basic utilities (for small household)||ARS 1,550|
|Hourly rate for domestic cleaner||ARS 100|
Any foreigner planning to live in Belgium for more than three months must apply for a residency permit. This must be done by registering at the local town hall within eight days of arrival in the country.
Register with a state insurance scheme in order to gain access to state Belgian healthcare. This will be vital for claiming reimbursements on medical expenses in Belgium.
Anyone relocating to Belgium will need a local bank account which their salary can be paid into, and from which they can pay their rent. Separate business bank accounts can also be set up.
The public system is underfunded and waiting times can be long; most expats opt for private cover.
Buenos Aires offers over 20 million square feet of office space. In recent years scarce supply has seen rental values rise to around USD30 per square foot.
The city also has Argentina’s largest industrial property market, including over 10,500 acres of industrial parks. Vacancy rates were around 10% in 2018 with average rents around USD9 per square foot.
1 Numbeo, 2021
2 Mercer, 2019
3 Property Rights Alliance, 2020