Quote:
Originally Posted by iSport
Great thread. I've gotten through about half of it so far and will get through the rest of it in the next few days.
Couple of questions:
1) Does everyone who posts in this thread that lives in BA play poker for their primary source of income? If not, what do you do?
2) I'm graduating with an MBA from a top tier b-school (United States) in December and I speak functional Spanish but not fluent (could probably get to basic-fluent within a few months with prep before I go). Has anyone explored high paying (around 6 figure USD) business jobs (finance, consulting, etc...) there with success?
3) Which US companies have large corporate presence there?
Thanks in advance.
1) High paying job
You haven't gotten to the chapter on frontier economies in B-school yet? Also, the economy in Argentina is probably going to get shellacked hard in the not too distant future. The worldwide economy is super saturated with experienced out of work people looking for high paying finance/consulting jobs, consider yourself very fortunate if you can get a job making six figures in the states.
2) Cost of living
A) Real estate
This is wildly dependent on where you live. Ten minute cab ride from Palermo and you can be in a middle class/relatively safe neighborhood that is well under half the rent (granted it's going to be kind of far from good nightlife). The short term rental market is huge in Palermo and Recoleta, also very targeted at foreigners, hence the price inflation. Since everything is short term, the price is going to vary a lot depending on how long you are staying and how nice the furnishings/building is. Just peruse some rental sites and craigslist and you'll get a good idea. Tough to find bargains that aren't skimping on the furnishings. Remember that the cheaper/sketchier agencies are probably more likely to try to own you on the security deposit.
B) going out
Again, very dependent on where you go out. A beer might be 4 dollars in Puerto Madero, 2-3 in Palermo, and 1-2 in San Telmo. Much harder to spend a lot on dinner than in most US cities...a decent restaurant will be 10-15 dollars for an entree.
C) Groceries
Not a huge bargain unless you're going to be preparing your own food from basic ingredients. Name brand products can cost just as much if not more than the states.