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Now it’s official: you can get Argentine citizenship through large investments

roland

Member
Did you see the news? The government has now made it official: people who make large investments in Argentina can access citizenship.

Basically, if you invest a significant amount, you can apply for citizenship regardless of how long you’ve lived here. Of course, you’ll first be screened by agencies like SIDE, UIF, and Renaper to make sure you’re not a risk to national security or interests.

What do you think? Could this actually bring real investment, or is it more of a desperate move to attract dollars? Does it bother you that citizenship can be “bought,” or do you see it as a positive?


 
What about people who already have significant investments in Argentina? Would they qualify too, or is it only for new investments?
 
There are a lot of details that they left out and I seriously doubt it will only take 30 days to make a decision. NOTHING in Argentina works too quickly.
 
But is there any reason why a permanent resident living in Argentina would want to get Citizenship? Seems like more tax hurdles and burdens. It seems like the only benefit is you can vote in Argentina and get a passport here?
I haven't felt the need to get it. I have had permanent residency here for a long time. I don't have any interest to get a passport here. I'm living off my social security which gets deposited into my American bank. I can't see any real benefit to me at all. Maybe only being able to go to Brazil without a visa but the visa is 10 years once you get it. I guess I could travel to some countries visa free but I'm ok.
 
I haven't felt the need to get it. I have had permanent residency here for a long time. I don't have any interest to get a passport here. I'm living off my social security which gets deposited into my American bank. I can't see any real benefit to me at all. Maybe only being able to go to Brazil without a visa but the visa is 10 years once you get it. I guess I could travel to some countries visa free but I'm ok.
I feel the same way. I have lived in Argentina for 20 years and I don't travel much and have no strong feeling that I need to vote which is the only benefit I can see. Dealing with any governmental agency here is a time kill. Permanent residency is enough for me.
 
The one good thing would be to have a Plan B passport if the world goes to sh*t. I guess you can always travel with US passport but there might be a day when the US isn't so favored. You can travel around the world restriction free. The Argentine passport is actually fairly strong.
 
The one good thing would be to have a Plan B passport if the world goes to sh*t. I guess you can always travel with US passport but there might be a day when the US isn't so favored. You can travel around the world restriction free. The Argentine passport is actually fairly strong.
I think people make too much of a deal of this. Unless you are planning to go to Russia, North Korea, China, Iran or Cuba it doesn't really matter. The USA passport ain't going anywhere. Too many people spend too much time and money collecting additional passports as an "insurance policy". I guess if you can easily get it why not but most expats living here even a long time never bothered to get one.
 
I think people make too much of a deal of this. Unless you are planning to go to Russia, North Korea, China, Iran or Cuba it doesn't really matter. The USA passport ain't going anywhere. Too many people spend too much time and money collecting additional passports as an "insurance policy". I guess if you can easily get it why not but most expats living here even a long time never bothered to get one.
It has some great benefits to some people whose original passport isn't strong. But if you already have a strong passport, you might not see the need for it. The other obvious benefit is that citizenship is permanent but Permanent Residency is ironically not and can be revoked if you commit a crime. However, the ship has sailed with the easy old law of acquiring Argentine citizenship. With the new law it will take much longer (not sure how long but I guess at least a few years if you've had PR for several years but if you start from scratch, it will take at least 5 years to be eligible to apply for citizenship and a few more years to actually obtain it.)
 
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