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Colombia a hidden gem for smart money in region

Wednesday, April 18, 2012

Buying real estate in Colombia is not the sort of thing that your local bank branch manager is likely to recommend. But it is a sensible, even prudent, macro-bet on a country which is the next star of Latin America.

Colombia now takes its place alongside an Asian tiger like Indonesia and the future giant of South Africa in the CIVETS group of rapidly growing emerging markets. I t is the new darling of “smart money” which views it as the hidden gem of Latin America.

Source: CNN