Price Of Argentinian Citizenship: $500,000 For Family Of Four
Argentina has introduced a citizenship-by-investment program to attract wealthy foreigners. The initiative allows individuals to acquire passports through financial contributions. While the program is active, reported pricing varies significantly between sources, with one estimate citing $350,000 for individuals and another citing $500,000 for a family of four. The government aims to utilize these funds to address national debt. A consortium including a founding member of Latitude has been appointed to provide advisory services for the program's implementation.
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- ✓ Argentina has announced a citizenship-by-investment program.
- ✓ The program allows foreigners to obtain passports through investment.
What changed
Argentina officially announced the launch of its cash-for-citizenship scheme and appointed advisors to manage the program.
Live updates
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Argentina Launches Citizenship-by-Investment Program
Argentina has introduced a citizenship-by-investment program to attract wealthy foreigners. The initiative allows individuals to acquire passports through financial contributions. While the program is active, reported pricing varies significantly between sources, with one estimate citing $350,000 for individuals and another citing $500,000 for a family of four. The government aims to utilize these funds to address national debt. A consortium including a founding member of Latitude has been appointed to provide advisory services for the program's implementation.
Why it matters
The move comes as Argentina struggles with heavy debt burdens. By selling golden passports, the state seeks an immediate influx of foreign capital. This strategy follows a global trend of nations monetizing citizenship to bolster treasury reserves.
What is confirmed
- Argentina has announced a citizenship-by-investment program.
- The program allows foreigners to obtain passports through investment.
Still unconfirmed
- The program will begin selling passports by the end of the year.
What to watch next
- Official government publication of a standardized price list
- Confirmation of the specific investment requirements and assets accepted
- Updates on the total capital raised from the first wave of applicants
confidence 70%Sources used for this update (10)
- Forbes — Price Of Argentinian Citizenship: $500,000 For Family Of Four
- Reuters — Argentina announces citizenship-by-investment program
- Bloomberg.com — Argentina Offers Golden Passports to Foreigners for $350,000
- Morningstar — Latitude Founding Member of International Consortium Appointed to Advise Argentina on Citizenship by Investment
- The Economic Times — Argentina to launch citizenship-by-investment programme soon
- Financial Times — Argentina to sell ‘golden passports’ by end of year
- IMI Daily — Argentina Announces CBI Program Pricing and Launch Timeframe
- dw.com — Argentina launches cash-for-citizenship scheme
- 10TV — Debt-saddled Argentina pitches 'golden passport' scheme to woo wealthy foreigners
- baynews9.com — Four St. Pete swimmers to represent Team USA in open water swimming championships in Argentina
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