Argentina has announced a new program that will allow foreigners to obtain citizenship by investing a minimum of 310,000 euros. The initiative, which will become operational by the end of 2026, requires applicants to either make a direct, non-refundable contribution of 350,000 dollars to the National Treasury or invest 800,000 dollars in a public security fund specifically created for this program. Spouses and children of applicants can also benefit from the program, with a contribution of 100,000 dollars for adults and 25,000 dollars for minors under 18. The funds collected will be used to strengthen Argentina's budgetary and financial position.
According to the Ministry of Economy, the program includes a "rigorous evaluation process" to ensure the traceability of funds, prevent money laundering, and safeguard national security. The minister in charge, Luis Caputo, emphasized that the initiative guarantees "financial transparency and risk management," aligning with recommendations from the OECD and the GAFI, the International Financial Action Task Force of the G7 against money laundering and financing of terrorism.
The announcement coincides with the removal of restrictions on land purchases by foreigners, a decision made by President Javier Milei in 2023. This change ended a 15% limit on foreign land ownership previously set by law. However, the opposition has scheduled a demonstration for next week to oppose the new citizenship program and seeks to block it in Parliament.
The citizenship initiative was announced during President Milei's visit to France for the "Argentina Week" forum. During this event, the French energy company TotalEnergies announced an investment of 10 billion dollars in Patagonia. Additionally, the Swiss mining company Glencore announced a 4 billion dollar investment in copper extraction in the northwest of Argentina. Martin Pérez de Solay, head of Glencore Argentina, stated that the special regime offers "the tax and regulatory security necessary to commit capital at such a scale."
According to the OECD, Argentina had the lowest foreign direct investment among the main economies of Latin America in 2025, receiving 3,134 billion dollars in foreign direct investment last year. In comparison, Brazil attracted 76,877 billion dollars and Mexico 40,871 billion. Economist Marcelo Elizondo noted that Argentina remains a country that raises doubts and must "prove that what it is doing will actually be maintained over time."
Argentina Introduces Investment-Based Citizenship Program Amid Economic Challenges
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