ArgentinaPassports Travellers seeking an Argentine passport would face a $350,000 investment
President Javier Milei has outlined a plan under which foreign investors putting U.S. $350,000 into Argentina can move towards Argentine citizenship and a passport. He says investors will be screened.
Argentina's President Javier Milei has set out a plan that gives foreign investors a route to Argentine citizenship and an Argentine passport in return for investment in the country. Under the proposal, an investment of U.S. $350,000 would put an investor on the path to citizenship. The stated aim is to draw more immigrants and investment to help build Argentina's economy.
Key facts
- Investment threshold: U.S. $350,000
- Who it targets: foreign investors
- What is offered: a path to Argentine citizenship and an Argentine passport
- Announced by: President Javier Milei
- Screening: Milei has assured that foreign investors will be screened
What is being proposed?
Milei has outlined a special plan for foreign investors in Argentina. An investment of U.S. $350,000 would place a foreign investor on the path to receiving Argentine citizenship and an Argentine passport. The source describes this as a route towards citizenship, rather than an immediate grant.
The source does not state when the plan would start, how investors would apply, what form the investment must take, how long the process takes or what fees apply.
Who is affected?
The plan is aimed at foreign investors willing to put money into Argentina's economy. The source says Argentina is seeking to increase the number of immigrants and attract investors. It notes that Argentina, like the United States, is a country built by immigrant labour, with strong agricultural land and abundant oil and natural gas resources, and says the country has been attracting immigrants and investors since Milei took office.
What screening has been promised?
Critics have raised concerns that the plan could attract investors of dubious character. President Milei has assured that foreign investors will be screened. No further details of the screening process appear in the source.
Why is this happening?
Argentina wants more immigrants and investment to help build its economy. The source says Argentina's economy has improved under Milei compared with five years earlier, and that the country is now the fifth largest economy in the Americas after the United States, Canada, Mexico and Brazil. It also points out that investor routes to citizenship are not unusual, noting that many countries, including the United States, allow investors to put money into the economy as a pathway to eventual citizenship.
What this means for travellers
Travellers interested in the scheme should note that only the investment figure of U.S. $350,000 and the promise of investor screening have been made public so far. No start date, application route or detailed requirements have been announced.
Whether the plan will work remains unknown, the source says, adding that Argentina currently appears more stable than many parts of the world.