Buenos Aires (Argentina) (AFP) - The Argentine government announced this Friday that it will grant citizenship to interested foreigners who invest at least $350,000, within the framework of a program that will be operational during the fourth quarter of the year.
First modification: 02/10/2026 - 21:36
Despite a climate that favors it, in 2025 foreign direct investment in Argentina was the lowest among the main economies of Latin America, according to the Organization for Economic Cooperation and Development (OECD).
The Citizenship by Investment Program announced by the government proposes "two simple and transparent mechanisms: make a direct and non-refundable contribution to the National Treasury for $350,000 or subscribe to a public security of $800,000 created specifically" for this purpose, according to an official statement.
The plan extends the benefit to the spouses and children of the applicants in exchange for a contribution of $100,000 to the National Treasury and $25,000 if they are under 18 years of age.
"The resources obtained will be used to continue strengthening the fiscal and financial position of the Argentine Republic," the statement explains.
The scheme "involves a rigorous evaluation process (...) guaranteeing the traceability of funds, the prevention of money laundering and national security," said the Ministry of Economy in X.
The minister of the area, Luis Caputo, detailed on the same social network that the initiative guarantees "financial transparency and risk management, aligned with the recommendations of the OECD and the FATF", the G7 International Financial Action Group against money laundering and terrorist financing.
The measure coincides with the elimination of limits on the purchase of rural land by foreigners, after a ruling by the Supreme Court that left firm a decree by President Javier Milei that repeals the 15% limit that existed by law.
A demonstration was called for next week to repudiate this initiative, while the opposition will seek to block it in Parliament.
Citizenship by investment was announced within the framework of the Argentine president's promotional visit to France, during which the French hydrocarbon giant TotalEnergies announced an investment of 10 billion dollars.
According to the OECD, Argentina received 3,134 million dollars in foreign direct investment last year, while Brazil attracted 76,877 million dollars and Mexico 40,871 million.
© 2026 AFP
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