Visas How complicated is it to obtain residency in Argentina?

[Blockchain]

Yes you evade taxes and you will get deported soon. My cousin is on the case. He go to Spain for holiday but back next month and will start case. He already send his team to find research on all Americans buy in Mendoza. I feel sorry for you.

You are hardcore Avocado. I liked you better when you just saw back and took the abuse. I hope you are kidding. It doesn't sound like you are but this is cold. I honestly think you would feel bad if someone get deported because of you.

Oh my goodness, the penny stock selfie guy! Now pretending to dodge taxes.

🤣 At least it sounds like he got a job. I don't fault him for legally ending tax obligation. I just read a few of his posts. It sounds like he got permanent residency in Paraguay which has lower taxes. What he is doing at least sounds legal. You can't fault him for that. Who knows how much he makes trading his penny stocks. I don't know much about Australia but heard taxes there are brutal. Still, I can't imagine he is making much in Argentina. I have met some there and they don't make much. He could have just stayed in Australia and get a decent job and save up for retirement but most of these expats think it will be cool to live in Latin America and never save up.

Will be cool to follow his journey. Probably not going to age well. Most likely the story ends with having to move back to your home country. Seen it before many times with friends.

 

[Avocado]

tell the IRS to f*ck off, on my behalf. would you also get in line and follow the law if it said people could only have one child, like in China?

I listened to you abuse me and other on forum for over year. No come to my country and you do the same thing you do to your country. You tax cheat. Once my cousin find you name he give it to his brother in law that work for Página/12. They publish it and make story about you. The famous American that come to Argentina to lie and cheat and call local commies. Then you deal with your IRS and see what they say about you bad language.

You get very famous! I give you deadline for next week to apologize. Then you see how things work in Argentina.

 

[CraigM]

🤣 At least it sounds like he got a job. I don't fault him for legally ending tax obligation. I just read a few of his posts. It sounds like he got permanent residency in Paraguay which has lower taxes. What he is doing at least sounds legal. You can't fault him for that. Who knows how much he makes trading his penny stocks. I don't know much about Australia but heard taxes there are brutal. Still, I can't imagine he is making much in Argentina. I have met some there and they don't make much. He could have just stayed in Australia and get a decent job and save up for retirement but most of these expats think it will be cool to live in Latin America and never save up.

Will be cool to follow his journey. Probably not going to age well. Most likely the story ends with having to move back to your home country. Seen it before many times with friends.

Penny stock promoters usually end up dodging authorities rather than taxes. It's a dirty, dirty business.

 

[Betsy Ross]

Penny stock promoters usually end up dodging authorities rather than taxes. It's a dirty, dirty business.

What I can't understand Craig and maybe you can enlighten me is why don't these guys instead of chasing penny stocks just buy the S&P Index fund? I doubt many people can beat that over decades. Set it and forget it. I don't understand the mentality of penny stocks. Or maybe he gets a commission for when people buy it. I will never understand people like this. Seems like a young guy that could just work in Australia, save and invest in index funds and end up ok. People want things too easy and too quick. That doesn't work. The tough things in life take time.

 

[CraigM]

What I can't understand Craig and maybe you can enlighten me is why don't these guys instead of chasing penny stocks just buy the S&P Index fund? I doubt many people can beat that over decades. Set it and forget it. I don't understand the mentality of penny stocks. Or maybe he gets a commission for when people buy it. I will never understand people like this. Seems like a young guy that could just work in Australia, save and invest in index funds and end up ok. People want things too easy and too quick. That doesn't work. The tough things in life take time.

I hear you Betsy. I think if you watch Wolf of Wall Street and Boiler Room you'll learn more about penny stock promoters and the people they target than anything I could tell you! They're highly entertaining too.

 

[earlyretirement]

You are hardcore Avocado. I liked you better when you just saw back and took the abuse. I hope you are kidding. It doesn't sound like you are but this is cold. I honestly think you would feel bad if someone get deported because of you.


🤣 At least it sounds like he got a job. I don't fault him for legally ending tax obligation. I just read a few of his posts. It sounds like he got permanent residency in Paraguay which has lower taxes. What he is doing at least sounds legal. You can't fault him for that. Who knows how much he makes trading his penny stocks. I don't know much about Australia but heard taxes there are brutal. Still, I can't imagine he is making much in Argentina. I have met some there and they don't make much. He could have just stayed in Australia and get a decent job and save up for retirement but most of these expats think it will be cool to live in Latin America and never save up.

Will be cool to follow his journey. Probably not going to age well. Most likely the story ends with having to move back to your home country. Seen it before many times with friends.

I hate the idea of anyone doxxing anyone. I had that happen to me by the owner or his friends on the old expat forum. Imagine. I posted for 14 years, never mentioned my company or name. Never chased any agenda other than sharing information on Buenos Aires. Then he had one of the members dox me. And then he started deleting my posts. Probably a good thing in the end because that is how this forum get created.

Doxxing people against their will is terrible. @Avocado, you are pre-warned if you do that on this site you will be forever banned on this forum. I will not allow that. I don't doubt your cousin can find out @StatusNomadicus's identity. I've seen that kind of thing play out in Argentina many times. But I would encourage the both of you to work out your differences. You don't have to agree with one another but stop the childlike behavior on both sides.

These new changes to the law are serious for expats committing ANY crimes. Whatever the both of you have to do to hash this out I'd encourage you to do it and end this. I don't see a good outcome if this continues.

As for this Australian, Jordan. I posted on his X posts a while but he blocked me too. I don't care. I think it's funny. I have seen this type many, many times over the past 25 years of living, working and traveling in Latin America. It never ends up well for these guys. Typically they end up having to move back to wherever they are. I would guess his X profile will probably just disappear one day or he will keep it up and just say how he moved back to Australia. It is almost impossible to make a significant amount of money in Latin America. Certainly not promoting penny stocks and no one cares about geology! He probably blocked me because I called him out and correctly stated that he got popular for posting "steak and boob" photos. That is what his followers want to see. NOT penny stocks or investment advice or geology stuff. LOL. You have to know your audience.

I am all for legally limiting your tax exposure if you can do it. I don't know much about Paraguay other than I've been there and it's a hell hole. The weather is terrible and the infrastructure is horrible. I would bet $1 million that the vast majority of people that are taking the time to get a second residency have a negative net worth or very low net worth or tax exposure to begin with. Most of these types are pikers. Nothing wrong with that but many delude themselves into thinking the not paying taxes thingy is bigger than it is.

Penny stock promoters usually end up dodging authorities rather than taxes. It's a dirty, dirty business.

Correct. I remember when I first moved to Buenos Aires and started my company. I was buying up properties left and right for myself and other investors. I made my first money building up a healthcare startup and did extremely well. I had a verifiable background and my first letters of recommendation were Ross Perot, Ray Hunt (billionaires) and The Chief Economist at the Federal Bank in Dallas. I ran into this American guy. Very young. He was also in his late 20's. He was buying up real estate too and when I asked what his background was he said finance. Long story short, some years later I saw that he was wanted by the SEC and paid millions in dollars of penalties for stock manipulation and promotion.

Dirty business like @CraigM mentions.

What I can't understand Craig and maybe you can enlighten me is why don't these guys instead of chasing penny stocks just buy the S&P Index fund? I doubt many people can beat that over decades. Set it and forget it. I don't understand the mentality of penny stocks. Or maybe he gets a commission for when people buy it. I will never understand people like this. Seems like a young guy that could just work in Australia, save and invest in index funds and end up ok. People want things too easy and too quick. That doesn't work. The tough things in life take time.

Excellent point Betsy. I always say this. Over the long haul, most investors and even professional money managers won't beat the S&P Index or a fund like VTI. Set it and forget it. I've made more with real estate between capital appreciation and cash flow but for most people this is the best option. I had a great client that did an initial consultation. Smart guy that had his own fund out of Australia. I was curious as he would send my his stock picks and charts each week.

One day I ask him what his performance is over the past decade and if it came close to just beating the S&P 500 Index. The answer was obvious. No. For most people it's not worth the risk to pick individual stocks. Just set it and forget it with an index fund.

 

[Uncle Wong]

Excellent point Betsy. I always say this. Over the long haul, most investors and even professional money managers won't beat the S&P Index or a fund like VTI. Set it and forget it. I've made more with real estate between capital appreciation and cash flow but for most people this is the best option. I had a great client that did an initial consultation. Smart guy that had his own fund out of Australia. I was curious as he would send my his stock picks and charts each week.

One day I ask him what his performance is over the past decade and if it came close to just beating the S&P 500 Index. The answer was obvious. No. For most people it's not worth the risk to pick individual stocks. Just set it and forget it with an index fund.

I hear you Betsy. I think if you watch Wolf of Wall Street and Boiler Room you'll learn more about penny stock promoters and the people they target than anything I could tell you! They're highly entertaining too.

I love these movies! They are two of my favorites! I'm going to go rewatch them. Love them. Craig are you in the investment industry? You sound like you know a lot about this industry.

I agree an index fund is the way to go. I occasionally will buy individual stocks but I just do mostly index funds. That is funny about that fund manager. At least he admitted he can't beat the S&P 500. Most can't!

 

[Canada Goose]

Great flicks! I can't understand people that buy penny stocks. There are so many great companies out there why would you bother with these losers!

taxes in the US Empire are a) unconstitutional, b) contribute to babies and women being bombed/slaughtered in myriad countries, and c) retarded to try to tax people for income abroad.

you can lick all the boots you want, and worship a tyrannical State because you've never questioned the propaganda you were raised with, and you're free to pay as many extra taxes as you want...but leave me out of it. the entire American Revolution was based on taxation without representation; i'm not being represented, so i will disobey civilly and do whatever i can to stop the war machine.

since you're so worried about the military industrial complex's revenue, make sure you report the new Pope for tax evasion, since it's unlikely he's paying taxes on his Vatincan income:

Meet Bob: The American Pope Who Still Has to File US Taxes | Schiff Sovereign

I still can’t get over the fact that there’s an American pope… and that his friends refer to him as ‘Bob’. Bob. It just makes him seem like a regular dude who’d be drinking a beer and shouting at the…

www.schiffsovereign.com

tell the IRS to f*ck off, on my behalf. would you also get in line and follow the law if it said people could only have one child, like in China?

you have the mind of an insect if you think something legal is at all related to whether it's moral or logical. there's something in criminal justice called malum en se versus malum prohibitum - ever considered that aspect before? you write as if you've never heard the other 'side' of the argument, and it's hilarious that you're doing so in an Argentine expat forum, where this entire country evades taxes as much as possible 😗

for all other non-boot-lickers, the above SchiffSovereign article is a great read, and discusses the 'rules for thee, but not for me' aspect of the 0.1% political elites in the USA.


Gandhi was committing "crimes" as was MLK Junior. and no, you made no points and are repeating a stupid talking point that would fit-in well on Fox or CNN; if you think i'm looking to renounce my US citizenship because i'm a "criminal" then there are no non-criminals in the world. you should really educate yourself on the moralty of overseas taxation, and why thousands of US citizens give-up their passports every year. or you're going to just keep sounding like a moron.

'i made a moral judgement about someone i know nothing about, and now i feel justified for being an arrogant prick who is completely wrong about the entire topic and hasn't had the deceny to read 5 minutes about the political stances of people like Ron Paul who have made this argument since the 1970s.'

nah, you're just unfortunately another NPC repeating the empire's lies, distributed by the TV Man. sadly, you are unlikely to read anything that challenges your viewpoints or put yourself in someone else's shoes. it would be hard to do, from your high horse over there.

sincerely,
-a tax evader

So your stance is never pay any taxes to the USA?? You Americans have it easy. Try coming to Canada. Our taxes are much higher than yours. Do you plan on taking social security when you are eligible for it @StatusNomadicus ? I would assume so.

So you will go all your life evading taxes? That's your plan?? What exactly do you make income on? I read Avocado's post where she said you were unemployed. Do you work? How old are you? Can you afford to live in Argentina your entire life without working? Are you really the one that said there was no inflation in dollars the past year??? I read that in someone else's post but can't find the post.

Is that what you still claim? No inflation? When daily I am reading of how expensive things are. I just read @Darksider415 say his rent went up like 40% in USD in one year. Just trying to figure out what your deal is? Hey if your costs didn't go up that is awesome. That is counter to everything all my local friends I met in BA are saying. My amiga that I met that I support tells me it is a grind to survive.

 

[Vero]

Yes you evade taxes and you will get deported soon. My cousin is on the case. He go to Spain for holiday but back next month and will start case. He already send his team to find research on all Americans buy in Mendoza. I feel sorry for you.

I don't think this would be difficult at all to find this out. It would be more difficult in a bigger city like CABA but in Mendoza where there is not much movement this will be easy to find very quickly in an initial scan. Then just add on Americans that have applied for DNI. Probably only 1 or 2 people.

Very true!! The internet is full of charlatans and tax cheats. And most of them don't make any money! Look at this poster on X. Unemployed and pitching penny stocks. Came to BA when it was cheap and now complaining that Australia is cheaper. Pitching subscriptions to his penny stocks and day trading. And pitching how to evade taxes.

Someone that makes no money and unemployed acting like he needs to dodge taxes. This is the type you are talking about @CraigM A total joke!



View attachment 9235

I see on X all over people offering services to sell residencies. The funny thing is not one of them uses their real name. All behind anonymous identify! If they were so sure of not getting taxed they would use their real name. But instead they never put their name. Always some generic website with no About Us section. At least this guy Jordan uses his real name. He is not offering the service but it is clear he probably refers to someone and is getting a take of the legal fees.

I like his title. Date beautiful women, eat the world's best steak and live hassle free. Sounds like cheap infomercial. Nothing is hassle free in Argentina! I saw another post where he post Buenos Aires is more expensive than Australia now. That no sound hassle free to me.

 

[keith]

Does anyone have experience working with the consulates/embassies abroad to secure a temporary visa such as rentista or pensionado?

Advantages include having certainty before arriving and not having to deal with time constraints and switching from transitory visas (like tourist).

But disadvantages include unknown consulate processing wait times, documentation requirements, no local lawyer to advocate or assist on your behalf.

Anyone have experiences or information they can share?

 

[FuturoBA]

What I can't understand Craig and maybe you can enlighten me is why don't these guys instead of chasing penny stocks just buy the S&P Index fund? I doubt many people can beat that over decades. Set it and forget it. I don't understand the mentality of penny stocks. Or maybe he gets a commission for when people buy it. I will never understand people like this. Seems like a young guy that could just work in Australia, save and invest in index funds and end up ok. People want things too easy and too quick. That doesn't work. The tough things in life take time.

Years ago I bough some Tesla stock before it skyrocketed and thinking I was a whiz tried my hand at many other stocks that tanked lol. Would have been better to put it in an index fund and as you said set it and forget it.

My understanding is the penny stocks are a pump-and-dump scheme. The scammers buy large quantities at low prices and use sleazy promotional schemes to drive the demand up via fake analysis, overblown hype, reported inside knowledge, etc to raise the price and then dump their shares afterwards.

 

[Betsy Ross]

Years ago I bough some Tesla stock before it skyrocketed and thinking I was a whiz tried my hand at many other stocks that tanked lol. Would have been better to put it in an index fund and as you said set it and forget it.

My understanding is the penny stocks are a pump-and-dump scheme. The scammers buy large quantities at low prices and use sleazy promotional schemes to drive the demand up via fake analysis, overblown hype, reported inside knowledge, etc to raise the price and then dump their shares afterwards.

I also had Tesla stock and made a lot of money. I am lucky my sister's husband is a Fund manager for investment company. A very successful guy. He is the one that told me to dump my shares before President Trump tanked the market. He had me jump back in and some of the stocks I got for 30% lower. I just follow his lead. 50% of my money is in index funds and the other 50% I do the same trades as my brother in law. His returns are double of the index funds. He has a lot of contacts high in the government. He tried to talk me into taking short positions but that is above my risk level. I should have listened.

He tells me that Trump and his friends are manipulating the market up and down. He said there will be 0% tariff increases and all bluffs. I am beginning to think he is right.

 

[VINO]

I hear you Betsy. I think if you watch Wolf of Wall Street and Boiler Room you'll learn more about penny stock promoters and the people they target than anything I could tell you! They're highly entertaining too.

Thanks @CraigM! I just watched Boiler Room this weekend and enjoyed it. Very fascinating. I never heard of this movie before you mentioned it. I have seen Wolf of Wall Street but I loved Boiler Room. Very good acting. Do they still have boiler room type places? I assumed everything is just traded online now. Does anyone still work with brokers?

I guess maybe people pump stocks online like that Australian Jordan and try to get people to buy that are unsophisticated. But why would anyone listen to a grifter like this guy below that is unemployed, dodging taxes, and can't afford to live in his home country? I don't get it. Why would anyone take financial advice from someone like this? 🤣 This is not a joke. I am being serious? Does anyone really take investment advice from someone like this???

https://x.com/Geologo_Trader

 

[Uncle Wong]

Thanks @CraigM! I just watched Boiler Room this weekend and enjoyed it. Very fascinating. I never heard of this movie before you mentioned it. I have seen Wolf of Wall Street but I loved Boiler Room. Very good acting. Do they still have boiler room type places? I assumed everything is just traded online now. Does anyone still work with brokers?

I guess maybe people pump stocks online like that Australian Jordan and try to get people to buy that are unsophisticated. But why would anyone listen to a grifter like this guy below that is unemployed, dodging taxes, and can't afford to live in his home country? I don't get it. Why would anyone take financial advice from someone like this? 🤣 This is not a joke. I am being serious? Does anyone really take investment advice from someone like this???

https://x.com/Geologo_Trader

View attachment 9244

I wouldn't call Jordan a grifter. I followed him on X for a while. Just sounds like a frustrated Australian that couldn't afford much of a life in Australia. I'm not sure how much geologists make but it doesn't sound like it's much. He just seems all over the place trying to sell subscriptions to his blog, trying to promote stocks, trying to make money. I don't get the investment angle. His life seems like a total mess. I'm not sure why he thinks anyone would be interested in investment advice he gives.

The guy can't afford to make it where he is from. Dodging taxes and moving around from cheap place to cheap place. That ain't the type of person I am going to take advice from.

I mainly followed him on X because he posted lighthearted content. Posted a few cool places to eat and had good content with dating local girls and then it got strange posting photos of himself all the time drinking milk and male selfies. I would guess most of his followers are males. So not sure the fascination of posting milk selfies. Just got weird.

 

[Blockchain]

Thanks @CraigM! I just watched Boiler Room this weekend and enjoyed it. Very fascinating. I never heard of this movie before you mentioned it. I have seen Wolf of Wall Street but I loved Boiler Room. Very good acting. Do they still have boiler room type places? I assumed everything is just traded online now. Does anyone still work with brokers?

Boiler Room is one of my favorites! Great flick!

I wouldn't call Jordan a grifter. I followed him on X for a while. Just sounds like a frustrated Australian that couldn't afford much of a life in Australia. I'm not sure how much geologists make but it doesn't sound like it's much. He just seems all over the place trying to sell subscriptions to his blog, trying to promote stocks, trying to make money. I don't get the investment angle. His life seems like a total mess. I'm not sure why he thinks anyone would be interested in investment advice he gives.

The guy can't afford to make it where he is from. Dodging taxes and moving around from cheap place to cheap place. That ain't the type of person I am going to take advice from.

I mainly followed him on X because he posted lighthearted content. Posted a few cool places to eat and had good content with dating local girls and then it got strange posting photos of himself all the time drinking milk and male selfies. I would guess most of his followers are males. So not sure the fascination of posting milk selfies. Just got weird.

He actually seems like a cool guy. Disagree with posts saying he is a cheat or grifter. That isn't fair. Sounds like the guy just frustrated with high cost of living in Australia but honestly cost in BA isn't that cheap either Rentals are but some of the prices I am seeing at restaurants are the same as Dallas. He just seems like he is throwing a bunch of ideas out there and trying to make money wherever he can. His content sucks now. He used to post steak photos and going out on dates but obviously he can't to go out to eat anymore as BA is so expensive!

 

[BA Bound]

Getting residency in Argentina isn't usually that complicated for foreigners. It depends on the type of visa you apply for, but generally, you just need to gather some documents, like proof of income and background checks. It might take a bit to process, but it's not too difficult. I think this guy just had bad luck, it must be frustrating to start the process from scratch again. If you want to make it easier, it might be a good idea to talk to a lawyer or someone specialized in immigration.

What’s your experience with this?

What ever happened to this guy? Did he give up on getting residency in Argentina?

 

[BA Bound]

I figured out how to search with names. Instead of 'Por expediente', choose 'Por parte' and put any names you wish you search and everything will come up.

View attachment 6673

What a great tip! @Jakoval did you get Citizenship yet?

 

[McDonald]

Years ago I bough some Tesla stock before it skyrocketed and thinking I was a whiz tried my hand at many other stocks that tanked lol. Would have been better to put it in an index fund and as you said set it and forget it.

My understanding is the penny stocks are a pump-and-dump scheme. The scammers buy large quantities at low prices and use sleazy promotional schemes to drive the demand up via fake analysis, overblown hype, reported inside knowledge, etc to raise the price and then dump their shares afterwards.

Do you still have the Tesla stock @FuturoBA? That was probably a great ROI. I bought it and held up and sold way too early. Most of my portfolio is just in index funds. I think the pump and dump are always going to be around but the new breed of boiler rooms are just people promoting penny stocks on sheep that just read online.

Just stick with index funds or very large companies that are staples. The problem is even those big companies can fail miserably eventually.

 

[CraigM]

Thanks @CraigM! I just watched Boiler Room this weekend and enjoyed it. Very fascinating. I never heard of this movie before you mentioned it. I have seen Wolf of Wall Street but I loved Boiler Room. Very good acting. Do they still have boiler room type places? I assumed everything is just traded online now. Does anyone still work with brokers?

I guess maybe people pump stocks online like that Australian Jordan and try to get people to buy that are unsophisticated. But why would anyone listen to a grifter like this guy below that is unemployed, dodging taxes, and can't afford to live in his home country? I don't get it. Why would anyone take financial advice from someone like this? 🤣 This is not a joke. I am being serious? Does anyone really take investment advice from someone like this???

https://x.com/Geologo_Trader

View attachment 9244

It's a great movie for sure! Yes trading is mostly online now, but the characters and the pump & dump have not changed much. Boiler rooms originated in Vancouver and Perth due to their mining roots. It was easy to get people excited based on a few narrow drill holes, because if it proved out then the value was enormous. But it was usually a mirage. The old joke goes "What is a mine? A hole with a bunch of liars standing around it."

 

[FuturoBA]

Do you still have the Tesla stock @FuturoBA? That was probably a great ROI. I bought it and held up and sold way too early. Most of my portfolio is just in index funds. I think the pump and dump are always going to be around but the new breed of boiler rooms are just people promoting penny stocks on sheep that just read online.

Just stick with index funds or very large companies that are staples. The problem is even those big companies can fail miserably eventually.

I'm still holding onto it, but there's only two days that matter - the day you buy and the day you sell. And get rich schemes will always be around which includes the pump and dumps.