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‘Really wealthy Americans will be embarrassed’ not to have an Argentine passport, program designer predicts

Argentina has launched a citizenship-by-investment program, offering a 'golden passport' to foreigners who make a $350,000 contribution to its treasury. The program aims to attract foreign cash and is expected to be available by the end of the year. The 'golden passport' allows wealthy individuals to obtain Argentine citizenship in exchange for their investment.

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  • ✓ Argentina offers a 'golden passport' for a $350,000 investment in its treasury.
  • ✓ The program aims to attract foreign cash to Argentina.
  • ✓ Wealthy individuals can obtain Argentine citizenship through the investment program.
🛡️ Source Corroboration: 11 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

Argentina's government has officially launched the citizenship-by-investment program, confirming earlier reports of a 'golden passport' scheme.

Live updates

  1. Argentina offers 'golden passport' for $350,000 investment

    Argentina has launched a citizenship-by-investment program, offering a 'golden passport' to foreigners who make a $350,000 contribution to its treasury. The program aims to attract foreign cash and is expected to be available by the end of the year. The 'golden passport' allows wealthy individuals to obtain Argentine citizenship in exchange for their investment.

    Why it matters

    The program is designed to attract foreign investment to Argentina, which has faced economic challenges in recent years. The country's government hopes that the program will help to boost its economy and attract wealthy individuals who are looking for a second passport.

    What is confirmed

    • Argentina offers a 'golden passport' for a $350,000 investment in its treasury.
    • The program aims to attract foreign cash to Argentina.
    • Wealthy individuals can obtain Argentine citizenship through the investment program.

    Still unconfirmed

    • Really wealthy Americans will be embarrassed not to have an Argentine passport, according to the program designer.

    What to watch next

    • The implementation of the program and its impact on Argentina's economy.
    • The number of applications and approvals for the 'golden passport'.
    Sources used for this update (13)
    1. Reuters — Argentina announces citizenship-by-investment program
    2. Financial Times — Argentina to sell ‘golden passports’ by end of year
    3. dw.com — Argentina launches cash-for-citizenship scheme
    4. Fortune — Argentina to give 'golden passport' to foreigners that make a $350,000 contribution to its treasury
    5. Fortune — ‘Really wealthy Americans will be embarrassed’ not to have an Argentine passport, program designer predicts
    6. The New York Times — To Attract Foreign Cash, Argentina Offers a Golden Passport
    7. dictionary.cambridge.org — REALLY | English meaning - Cambridge Dictionary
    8. en.wiktionary.org — really - Wiktionary, the free dictionary
    9. grammartribe.com — Realy or Really: Common Mistake Explained With Examples
    10. www.dictionary.com — REALLY Definition & Meaning | Dictionary.com
    11. dictionary.cambridge.org — REALLY | definition in the Cambridge English Dictionary
    12. www.youtube.com — How to Use “really” in English | Meaning, Examples ... - YouTube
    confidence 90%
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