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Argentina Launches Cash for Citizenship Scheme for Wealthy Investors

Published 2h ago

Covered in 2 countries

AI summary38s readNeutral

Argentina introduced a cash-for-citizenship scheme allowing wealthy foreigners to buy residency.

The administration under President Javier Milei has launched an investment-based citizenship initiative allowing wealthy foreigners to acquire legal status. Applicants can choose between a non-refundable financial contribution or purchasing government bonds. Additional fees apply for families seeking to apply together under the new programme.

Foreign nationals can secure citizenship through a non-refundable financial contribution of three hundred fifty thousand dollars.
A family of four must pay five hundred thousand dollars for the golden passport option.
Investors alternatively have the option to purchase government bonds priced at eight hundred thousand dollars.
Applicants will undergo a rigorous evaluation process as part of the screening procedure.

By the numbers

$350,000non-refundable financial contribution

$800,000government bond purchase

$500,000family application fee

Why it matters

Investment migration schemes, commonly referred to as golden visas or passports, are used by nations worldwide to attract foreign capital and stimulate economic growth.

What outlets agree on

The administration under President Javier Milei has introduced an investment-based citizenship programme offering golden passports to wealthy foreign nationals in exchange for financial contributions or bond purchases.

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In this story

ArgentinaImmigrationMileiEconomic growth

Covered by 2 outlets

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