Known as the "Paris of Latin America" and the "City of Fair Winds" (a literal translation from the city's Spanish name), the capital of Argentina, Buenos Aires, captures Latin America's passion for life perhaps more than any other city on the continent. From Tango, wine and amazing food, to exquisite Art Deco architecture and fútbol, Buenos Aires offers it all. This colorful city is the second largest metropolitan area in South America and it is located at the western shore of Rio de la Plata just across from Uruguay on the southeastern part of the continent.
Spain vs. Argentina:
Two ITA Advisors Go Head-to-Head on
Which is Tops for Teaching English Abroad
By: Lauren Davis & Helen Schenck
Good evening and welcome to an ITA match-up that promises to be a clasico in every sense of the word. On one side of the world, measuring in with a mainland area of 2,780,400 km2 and some darn good chorizo, we have ARGENTINA….. And on the other side of the world, coming in as the sixth largest country in Europe with some tasty sangria to boot, we present SPAIN. And tonight's prize?
ETERNAL TEACHING GLORRRYYY!
By Lindsay Campher Krasinski
So, you are thinking about teaching English in Argentina? Learning about financial practices - from banking to giving tips - is a basic part of moving abroad, and nowhere is that more of the case than in Argentina. Understanding the Blue Market is a must before you go and could help you get more out of your money and out of your experience teaching English in Latin America!
What is the Blue Market?
I’m an advisor, not an economist so I will try to make this article as simple and straight forward as I can.
Simply, the Blue Market is where you go in Buenos Aires to get the highest exchange rate for the foreign currency that you bring with you - in many countries, it might be considered the "black market." It's not technically legal or monitored by authorities, but it operates in the open and changing money in the Blue Market is considered routine.
The Argentinian Peso has fluctuated greatly in recent decades, and compared to the U.S. dollar, has lost approximately 90% of its value the past 10 years (officially). Argentinians have experienced their bank accounts worth go up and down on a financial roller coaster and the weakness of the peso in global markets has led Argentinians to value the American dollar over the Argentinian peso. Bottom line: people want U.S. dollars!
International TEFL Academy Senior Advisor Lindsay Campher Krasinski recently popped into Buenos Aires, Argentina for a month to check out the current job market and meet with ITA alumni teaching English in Argentina. We're glad that she's taken some time to share her perspectives on teaching opportunities and life in one of South America's greatest cities.