Argentina Offers Americans Chance To Buy a Second Passport
Summary
Argentina announced a new program that allows foreigners, including Americans, to become citizens by making a large payment or investment without living in the country. The program will start taking applications in late 2026 and involves security checks before citizenship is granted.Key Facts
- Foreigners can apply for Argentine citizenship by either paying $350,000 to the government or investing $800,000 in a special government bond.
- Family members can be included for extra fees: $100,000 for a spouse or adult child, and $25,000 for children under 18.
- Applications will open in the fourth quarter of 2026, but no exact date has been announced yet.
- The application review includes checks on identity, criminal history, and source of funds to prevent money laundering and terrorism financing.
- The bond must be held for seven years, but details like interest rates and early withdrawal rules are still unclear.
- Citizenship grants the right to live and work permanently in Argentina without needing to live there first for the usual two-year period.
- U.S. citizens with Argentine citizenship must still pay U.S. taxes on their worldwide income.
- The program aims to attract foreign money to help Argentina’s economy, which is dealing with high debt.
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