I know you asked for a South American country but if you're still on the lookout, it doesn't get any better than Mexico. Our country has been hosting international productions (small, big and huge) since the beginning of the film industry. We are home to one of the best crews in the world, people who have trained with the best filmmakers (Houston, Peckinpah, Cameron, Spielberg, Stone, etc); we are famous for our variety on locations (we are the 4th biodiversity in the world); we have film studios, independent sound stages, film labs, film stock and the latest in equipment. We are a one-stop shop. Plus, we offer fiscal and financial incentives that could give a production up to 17.5% in cash rebates.
I suggest you check our website for more information www.comefilm.gob.mx
We have a version in English and photo albums of locations in Flickr, as well as presence in Facebook and Twitter.
For further details, do no hesitate to contact us at email@example.com
Mexican Film Commission