by Daniel Busman | Dec 3, 2021 | Financial Plan, Investing, Retirement
Many people, especially in Latin America, look fondly at the US as a safe haven to hold their savings and investments. In many ways the US ‘ticks the right boxes’ of a stable currency and a secure financial system, that are lacking in many Latin American countries....
by Fergus Miller | May 26, 2021 | Chilean Pesos, Covid-19, Debt, Financial Plan, Instability, Investing, Peruvian Sol, Retirement
Working with clients in Latin America, one of the main questions I’m asked is “In what currency and where should I keep my savings and investments?”. With growing political and economic instability in the Latin America region, it has become even more important to...
by Chris Emmott | May 10, 2021 | Chilean AFP, Chilean Pesos, Investing, Retirement
We have now had a third 10% AFP withdrawal agreed. This means that anyone can access up to 30% of their fund and use this money for any purpose they desire. We are also fast approaching the deadline of 30th of July 2021 to submit the first withdrawal request or lose...
by Chris Emmott, Maria Fally | Dec 10, 2020 | Chilean AFP, Chilean Pesos, Investing, Retirement
Status: 06-12-2020 After several rounds of negotiations in the Chilean Parliament, a second AFP withdrawal has been approved. This was published as law today, Thursday 10th of December 2020. EBG and MEFE Consult have teamed up to summarise everything you need to know...
by Chris Emmott, Maria Fally | Jul 29, 2020 | Chilean AFP, Chilean Pesos, Investing, Retirement
Status: 28-7-2020 According to the recent development in Chile, the new constitutional reform will allow you to access a maximum of 10% of your AFP funds. The statute will be published as law in the official newspaper (“Diario Official”) by Wednesday 29th or Thursday...
by Daniel Busman | Jul 14, 2020 | Investing, Retirement
Annual bonus time is a moment many of us look forward to with excitement and anticipation. Receiving a one-off injection of cash, in addition to your normal salary, opens up a world of options – some good, some bad. It can be tempting to take a ‘punt’ on the latest...
