Tax collection in June fell by 14% in real terms, according to the Federal Public Revenue Administration (AFIP). Although total collection reached $11,297,649 million, representing a nominal increase of 221.2%, the adjustment for inflation reveals a negative result. Although agricultural exports grew by 25% during June, this increase does not compensate for the deficit in the public coffers.
In June, the dollar began a currency run that took it from $1,000 to more than $1,400 at which it is traded today, reaching the highest gap in the last six months. The continued fall in the interest rate on fixed-term deposits has caused a stampede of savers towards the dollar, generating a 50% decrease in deposits of this traditional investment instrument.
A new adjustment to combat the exchange rate lag would be devastating for the purchasing power of pesos. However, even the uninvested dollar suffers its own depreciation cycle. To protect capital and grow in dollars, creative solutions are revitalizing the Argentines’ favorite market. Crowdium, the leading property investment platform, puts luxury developments within reach of all savers, with shares from $100,000 pesos.
Founded in 2015, Crowdium connects premium developments with investors across the country, offering security and profitability. It recently announced SLS Pillar IIIthe third and final investment portfolio in the prestigious SLS Pilar development, with a projection of 28% profitability in dollars in 24 months, guaranteed return and early income.
Advantages of SLS Pillar III
- Guaranteed Return: Projected profitability of 28% in dollars in 24 months, with return guaranteed by contract.
- Early Rent: Constant quarterly revenue of 1.5% in dollars, equivalent to 6% annually for the duration of the project.
- Security and Transparency: Structure in a private trust managed by an external trustee registered with the CNV, supporting the
- Insured Buyback: Commitment to a contract to repurchase the units by the developer within 24 months at a fixed price.
To celebrate the launch of SLS Pillar III, Crowdium is offering a 2% cashback in dollars for early investorsThis offer is available until funding reaches 30%, currently at 21%. Terms and conditions apply and are available on the platform’s website.
How to Invest
To participate, interested parties only need to create a free account on Crowdium, select SLS Pillar III and choose an investment amount that suits their goals. All investments on the platform remain dollarized, allowing them to take advantage of the benefits of investing in dollars and protect themselves from local market volatility.
Investing your Christmas bonus in SLS Pilar III with Crowdium is a unique opportunity to combine quality, security and profitability. For more information and to start investing, visit the Crowdium website or contact their customer service team at 0800-220-2769 (CROW) or via WhatsApp at +54 11 2240-4746.
Source: Ambito