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Argentina Eyes Investment Visa to Attract Global Capital: A First for South America

Argentina is getting ready to join the ranks of countries offering citizenship through investment and it’s a big deal. If all goes to plan, this will be the first programme of its kind in South America, giving foreign investors a chance to gain Argentine citizenship by putting money into the country’s economy.

What’s Being Proposed?

The idea is simple but significant: international investors would be able to apply for Argentine citizenship by investing at least US$500,000 into selected projects that support the country’s development goals. This isn’t about just buying property and waiting. The focus is on “productive” investments — think sectors like agriculture, energy, technology, and tourism.

It’s a strategic move from President Javier Milei’s government, which is currently pushing a wave of economic reforms aimed at turning the economy around. The investment visa programme is part of a wider plan to attract serious capital and talent to Argentina.

Who’s Running It?

A dedicated team under the Ministry of Economy will manage the programme, working closely with Argentina’s immigration, interior, and foreign affairs departments. They’re even modelling it on successful examples like the U.S. EB-5 programme though with a local twist to fit Argentina’s own needs and goals.

To avoid legal hiccups, the government plans to roll it out through two separate decrees. It’s a careful, calculated approach that suggests they’re thinking long-term and want this to last.

What’s in It for Investors?

For those looking for a second citizenship, Argentina’s offer is likely to be very appealing. The country has a strong passport, with visa-free access to 183 countries, and its citizens can also live and work freely in other MERCOSUR nations like Brazil, Uruguay, and Paraguay.

Plus, Argentina offers something a bit different from the usual Caribbean or European options a dynamic, diverse country with huge economic potential and a relatively affordable lifestyle.

A Balancing Act

This move comes at the same time as the government is tightening other parts of its immigration system. In May 2025, new rules were introduced to make it harder for those entering the country irregularly to stay long-term. So while the door may be closing for some, it’s being opened wide for high-value investors ready to contribute to the economy in a meaningful way.

Why It Matters

Argentina’s investment visa proposal could be a game-changer for the region. It signals a shift in how countries like Argentina are thinking about migration not just as a challenge, but as an opportunity. By inviting global investors to become part of its future, Argentina is not only looking to attract wealth, but also to build lasting partnerships that support innovation, jobs, and growth.

For investors, it’s a fresh new option in an increasingly competitive citizenship-by-investment market. For Argentina, it could be the start of a new chapter in its global economic story.

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