What happened with tourist dollar in Argentina?
ฝัง
- เผยแพร่เมื่อ 13 ธ.ค. 2023
- On December 13, 2023 there was a devaluation of the Argentine Peso. But what does this mean for the favourable tourist exchange rate when paying with a credit card? All explained in this video.
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this vidio was very helpful. Thank you! Looking forward to visiting your beautiful country!
I'm going to Argentina in May/June. I'm not worried. I'll book local hotels and flights from my home country, no sweat. I might take a little hit wit local ATM's, but i don't expect anything out of the ordinary. As long as cash is still accepted on the street. Food for thought bro. ty 4 vid.
Even on the same day that I recored this video the exchange rates changed again. The dollar blue is now lower than the MEP rate which Argentine companies use to buy USD. The situation changes minute-by-minute. But the idea of this video stays the same: make your calculations.
Great video. Thanks so much!
Thank for the video. Are You planning an updated version about the current situation? I believe it is developing fast.
It is gonna end up getting expensive there once things stabilize.
Argentina hasn’t been stable in dozens of yrs.
@@Twinzma Ya but drastic measures haven't been taken in decades (maybe never?) Definitely unprecedented times.
Good to know. My wife and I were doing research about coming to visit from the United dtates
This is too complicated for me.
I would think the complication would put off a lot of tourists also! If Argentina wanted to bring in value from foreigners then it should do away with the headache!
How long until it abolishes the peso?
Buenos dias, Glen. Do you have any suggestions on lodging in Bariloche?
Great info. Thanks. I will be going in November and wondered about paying for small items as in cafes like a coffee and pastry. Still use credit card or should I carry some pesos? Will only be there 2 days as a layover.
Amazing, a week before my big holiday. Deliberately didn't pay for things in advance like usual. Nightmare 😭
Probably you would be ok anyway. Everything will be cheap for you if you have dollars. The nightmare is for us, Argentinians.
Hi, Im going to be in Argentina in a couple weeks so this is super helpful info. What’s the best source for the MEP and tourist dollar rates? I was able to track down the official rate and also western union
When you find out let me know... I confuse myself too. thanks
Para gasolina pago en las estaciones cash o card?
Right now official rate is 850, MEP and Blue both around 1100, and toruist rate 1300. So that would mean paying everything with foreign credit card is advantageous?
Grazie...Cash is king...not so much now
Argentina uses a different calculation rate for tourists...than they do for businesses. pay with a card for anything
I hate math and doing math when traveling 😢😮
is there now a difference between Debit and Credit Card. I thought that before, you only get the refund on the exchange rate on a Credit Card, and not on a Debit Card.
Apparently some debit cards do offer the refund but my test and comment of other tourists are showing that debit cards often have problems with the refund. To be sure, I prefer to use a credit card.
Excellent!!
Might be updated. The Milei government has started war fare on tourism?
I want to go to Argentina, but the unstable and confusing currency situation is a really huge turn off. Can't imagine how much this country is losing on tourism dollars due to this. Wasting an economic opportunity -- such is the Argentine way!
Cody. Book ur accom, flights from home, then go there and enjoy bruh.
screw Argentina... was going there this summer...i don't like playing double standard exchange rates
So, in summary, use your credit card for all purchases of goods and services while in the country. For your hotel - if you can pre-pay in dollars online, then do so with your credit card before your trip.
Is that correct?
It's important to make the calculation. It can be that the hotel has a cheaper price in ARS. But make your calculations how much it would cost in USD/EUR/... against the ARS. Many hotels are changing their rates due to the changing situation.
Hi again! We plan to use our credit card for everything in Buenos Aires, but are there any situations where we will need any cash? For example, do all restaurants take credit card?
@@SecretsofBuenosAiresSi. This is the process for me for years everytime i travel anyway. Gracias hermano
But what if u change your us dollar bills for pesos on the streets and pay everything with cash ?
Where is the exchange place thats legal?
Even in this situation Buenos Aires still being very cheap for foreign people, i mean from u.s, and european.
He’s confused...and according to other people the dollar won’t decrease
This is insane.
I'm thinking of moving there from Canada, but it looks like the same thing is happening there, that is happening here.
At a 160% inflation rate there is no comparison to Canada or any other western country, I hope it gets better for the people of Argentina.
Huh
As a fellow Canadian, no. Not at all similar.
@@e.matthews How can you say that? Rampant, uncontrolled inflation. No government ability to stop it. Mind you, things have changed since they elected a sensible leader.
YOU WILL NOT GET CHARGED THE 21% IVA TAX IF YOU SHOW YOUR FOREIGN PASSPORT.
Can be. But that the website from AFIP mentions differently:
La normativa exige dos requisitos básicos:
· Que el servicio de alojamiento sea prestado a un turista del extranjero; y
· Que el pago por ese servicio se realice con tarjeta de débito o crédito emitida en el exterior o transferencia bancaria con origen en el exterior.
Source: servicioscf.afip.gob.ar/publico/abc/ABCpaso2.aspx?id_nivel1=563&id_nivel2=566&id_nivel3=674&id_nivel4=2411&id_nivel5=2421&p=Reintegro%20-%20Turista
It can be, but I never got charged... And if a few times they did... I saved my receipt and I asked for my refund AT the Ezeiza airport on my way out from a little government office there.
@@SecretsofBuenosAires
Not true .. you must show passport and use a foreign credit card. to not pay the 21%vat
So the dollar still goes far?
🤷♀️
Not complicated at all, well explained. Unfortunately some measures need to be implemented
This is good for the Argentinians, and as a tourist, I don't mind paying more to help their economy.
Is it me or is he really bad at explaining things.
It made sense to me, but it's rather complicated
Todo international trade you need $. Low level of exports means too few $ Available'. Not joining BRICS does Not give a route out. A BRICS Regional IMF style Sdr with trading partners might have ?
Eleven thousand hundred? These numbers don't exist in mathematics. Confusing.
I think you are deeply confused.
It’s a complicated and always-changing economy which makes this a financially volatile country to try to live in for foreigners.
Dude, there is a reason that schools use blackboards. You are very vague and all over the map with your explanations. Some times you say:”then do that” very hard to understand what this “that” is.
boring
If they switch to the dollar everything will be WAY more expensive!