Argentina's Milei Government Sells Citizenship to Foreigners
The Argentine government has announced a program that will grant citizenship to those who contribute US$350,000 to the Treasury or subscribe to US$800,000 in public bonds...
TL;DR
- Argentina is offering citizenship to foreigners who invest $350,000 or buy $800,000 in public bonds.
- The program allows for family members to obtain citizenship with additional contributions.
- Funds raised will be used to bolster the country's fiscal and financial standing.
- This initiative follows the repeal of a law limiting foreign ownership of rural land.
- Critics argue the program allows wealthy individuals to buy citizenship and land, particularly in Patagonia.
- Concerns have been raised about potential money laundering and the program's legality.
- The process for investors bypasses residency requirements, unlike for regular migrants.
- Argentina received significantly less foreign investment than Brazil and Mexico in 2025.