Bulnesia sarmientoi is a tree that inhabits a part of the Gran Chaco area in South America, around the Argentina-Bolivia-Paraguay border. Its wood is often traded as Argentine lignum vitae or Paraguay lignum vitae, since it has properties and uses similar to the "true" lignum vitae trees of genus Guaiacum, which are close relatives. Another trade name is "vera" or "verawood", which may also refer to the even more closely related B. arborea. Another common but rather ambiguous name is "palo santo" (Spanish: "holy wood"). In some places it is called ibiocaí