đź’µ $10,000 peso note coming in May
middle class in CABA, inflation, and more
¡Bienvenidos!
In today’s email:
$10,000 peso note coming next month
How much do you need to make to be middle class in CABA
Q1 trends in Buenos Aires real estate
Let’s get to it!
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Presented by: MGNI (M. Götz Negocios Inmobiliarios)
Welcome to MGNI, your premier destination for tailored real estate solutions catering to foreigners and expats.
Specializing in every aspect of the real estate journey, we offer unparalleled expertise and personalized services to meet your unique needs.
Whether you're searching for your dream home, investment property, or seeking guidance on legal and financial matters, our dedicated team ensures a seamless experience.
From property scouting to negotiation, legal assistance, and beyond, we provide comprehensive support every step of the way.
Trust MGNI to navigate the complexities of the market with integrity, professionalism, and a commitment to exceeding your expectations.
đź“° News
13.2% inflation in March: The main surges came from dairy, meat, and vegetable products. While it is a slight slowdown from February (14.1%), the overall prices still rose 57.3% in the year's first quarter.
$10,000 peso note coming in May (Spanish): Good news for anyone who makes large purchases with cash. You’ll have to wait a bit longer for the $20,000 peso bill though (coming later this year.)
đź“… Events
Thursday, April 11
Board game night | Aguirre 938 | 18:30h | ARS 1,500 per hour | No need to bring your own games.
Spanglish | Rabia bar | 19h | ARS 5,000 | Get paired with native speakers in a series of 10-minute conversations during every two-hour session.
Friday, April 12
San Telmo expats + locals meet | Gluck Cerveceria | 19h | Free | Weekly meetups for both expats and locals.
La Boca tour | Chacabuco 718 | 10:45h | Free | Free walking tour to La Boca.
Creencias artificiales | CCK | 18:30h | Free | Audiovisual spectacle at Centro Cultural Krischner.
Saturday, April 13
International Harmonica Festival | Teatro NinĂ Marshal | 16h | From ARS 13,000 | First ever harmonica festival in Argentina.
Games & Laughs | Agustin Mendez 121 | 15h | Free | Games and socializing in the Mirador del Lago de las Regatas Park.
Spanish BBQ & Conversation | La Clotilde | 20:30h | Free | Need to make a reservation by Saturday, 14:30h.
Mixed Tag Rugby Game | Parque Berlin | 16h | Free | Beginner-friendly, no tackling tag game.
Buenos Aires market | Plaza Almagro | 10h | Free | All-day food market with over 45 stands.
Sunday, April 14
Megadeth concert | Movistar arena | 21h | ARS 39,000 | Megadeth Crush the World tour stop in Buenos Aires.
Professional Beauty Day and Congress | La Rural | All day | Free | Beauty festival for professionals in the industry.
Buenos Aires market | Plaza Almagro | 10h | Free | All-day food market with over 45 stands.
🎤 Expat Interview
Welcome to our expat spotlight section.
This is where we interview both new and long-term expats in Buenos Aires and ask them to share their tips and recommendations.
Here’s the today’s interview:
What’s your name, country of origin, and how long have you been in Buenos Aires?
Venetia Featherstone-Witty. Born in London, UK. I also lived in the US for many years. I have been in Buenos Aires since August of 2013.
What brought you to Buenos Aires, and how was the initial adjustment process?
Pretty easy - I make friends quickly.
What's been the most challenging aspect of living in Buenos Aires?
Adjusting to a new language and culture.
And what has been the most rewarding aspect of living here?
Making wonderful friends.
What's your favorite local restaurant, bar, or cafe, and why?
Parilla Le Gran Carniceria de la Plata in San Telmo. Many more.
What hidden gem in Buenos Aires deserves more recognition?
Not sure about hidden, but there are many gems in Palermo, Recoleta, La Boca, San Telmo, Las Canitas.
What advice would you give to new expats in Buenos Aires?
Find a local expat group, go to events and start making new friends
Thanks Venetia for agreeing to this interview!
P.S. Want a chance to be included in this section? Fill out this form - we are constantly picking our favorite expat stories from this list!
đź’Ľ Job Listings
Deel is hiring a customer support specialist. More details here.
Remote Leverage is hiring for various roles (cold calling, appointment setting, admin). More details here.
🏠Property Listings
Two-bedroom apartment for $550: Avenida Belgrano & Peru, furnished, agent.
Monoambiente for $420: Palermo Soho, unfurnished, agent commission.
đź’ˇ Did You Know?
Argentina had five presidents in just eleven days back in 2001!
Yes, you read that right - five!
It was a political game of musical chairs no one wanted to win, amidst a severe economic crisis.
It’s like they took the phrase “Don’t cry for me, Argentina” from Evita a bit too literally and decided to add a dramatic twist.
đź’ł Classifieds
Show at MansiĂłn Tango: Enjoy an unforgettable evening with some of the best tango and food Buenos Aires has to offer in this live music and dance show at MansiĂłn Tango.
🔍 Interesting Finds
Funny reel of the day: Argentinians choosing a thermos 🙂Â
How much do you have to earn to be middle class in CABA (Spanish): $1,1557,084.74 at a minimum for a family of four, to be exact. Here’s the breakdown of income brackets.
Q1 trends in Buenos Aires real estate: here’s what the real estate prices look like in the first quarter of this year.
Palermo street in the top 30 “coolest” in the world: Our own Guatemala street was voted by TimeOut magazine to be in the top 30 in the world (how do they even rank that?).
That’s it!
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