Argentina launches cash-for-citizenship scheme
Argentina has announced a new citizenship-by-investment program to attract foreign capital and rebuild national reserves under libertarian President Javier Milei. Economy Minister Luis Caputo unveiled the golden passport initiative at an investor event in Paris, establishing South America's first such system. Foreign nationals can secure Argentine nationality by choosing between two distinct financial routes. Applicants can pay a nonrefundable contribution directly to the Argentine Treasury or invest in a new government bond. Officials indicate that applications for the program are expected to open before the end of the year.
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- ✓ Argentina announced a citizenship-by-investment program allowing foreign nationals to obtain nationality through direct monetary contributions or government bond purchases.
- ✓ Economy Minister Luis Caputo unveiled the golden passport scheme at an investor event in Paris.
- ✓ Applicants can choose between a nonrefundable $350,000 contribution to the Argentine Treasury or an $800,000 investment in a new government bond held for seven years.
- ✓ Applications for the golden passport scheme are expected to open before the end of the year.
What changed
Economy Minister Luis Caputo officially announced the citizenship-by-investment framework at an investor gathering in Paris.
Live updates
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Argentina Launches Golden Passport Scheme For Wealthy Foreigners
Argentina has announced a new citizenship-by-investment program to attract foreign capital and rebuild national reserves under libertarian President Javier Milei. Economy Minister Luis Caputo unveiled the golden passport initiative at an investor event in Paris, establishing South America's first such system. Foreign nationals can secure Argentine nationality by choosing between two distinct financial routes. Applicants can pay a nonrefundable contribution directly to the Argentine Treasury or invest in a new government bond. Officials indicate that applications for the program are expected to open before the end of the year.
Why it matters
The debt-burdened nation is searching for fresh sources of foreign currency to help meet its financial obligations. President Javier Milei's administration is pushing structural economic reforms to draw global investors and bolster the treasury. Citizenship-by-investment models, commonly known as golden passports, have become a popular tool for countries seeking capital infusions through wealthy migration.
What is confirmed
- Argentina announced a citizenship-by-investment program allowing foreign nationals to obtain nationality through direct monetary contributions or government bond purchases.
- Economy Minister Luis Caputo unveiled the golden passport scheme at an investor event in Paris.
- Applicants can choose between a nonrefundable $350,000 contribution to the Argentine Treasury or an $800,000 investment in a new government bond held for seven years.
- Applications for the golden passport scheme are expected to open before the end of the year.
Still unconfirmed
- The citizenship program could cost $500,000 for a family of four.
What to watch next
- The official opening of applications before the end of the year
- Finalization of regulatory details regarding the new government bonds
confidence 100%Sources used for this update (14)
- Forbes — Price Of Argentinian Citizenship: $500,000 For Family Of Four
- Reuters — Argentina announces citizenship-by-investment program
- dw.com — Argentina launches cash-for-citizenship scheme
- Bloomberg.com — Argentina Offers Golden Passports to Foreigners for $350,000
- jamaica-gleaner.com — ‘Golden passport’ plan aims to attract wealthy foreigners | World News | Jamaica Gleaner
- Fortune — Argentina to give 'golden passport' to foreigners that make a $350,000 contribution to its treasury
- www.latimes.com — Debt-saddled Argentina pitches 'golden passport' scheme to woo wealthy foreigners
- abcnews.com — Debt-saddled Argentina pitches 'golden passport' scheme to woo wealthy foreigners
- www.euronews.com — Debt-saddled Argentina pitches 'golden passport' scheme to woo wealthy foreigners
- fortune.com — Argentina to give 'golden passport' to foreigners that make a $350,000 contribution to its treasury
- www.dw.com — Argentina launches cash-for-citizenship scheme - dw.com
- uk.news.yahoo.com — Argentina launches cash-for-citizenship scheme - Yahoo News UK
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