Argentina has unveiled a route for foreign nationals to apply for citizenship through either a non-refundable $350,000 payment to the national Treasury or an $800,000 purchase of a specially created public bond. The program was presented in Paris by Economy Minister Luis Caputo and Cabinet Chief Diego Santilli and is expected to begin accepting applications in the final quarter of the year.¹

The government’s case rests on investment, screening and fiscal benefit. Applicants will undergo checks on identity, criminal records, assets, migration history and the origin of funds; the payment itself does not guarantee citizenship. Officials say the proceeds will strengthen Argentina’s fiscal and financial position, while the National Directorate of Migration will have up to 30 working days to decide applications.¹

The scheme also extends to family members, but at additional cost: spouses and unmarried children aged 18 to 25 would require $100,000 each, while applicants under 18 would require $25,000. Under the program’s calculations, a couple with two minor children could apply for $500,000 in total.¹

Critics, however, contrast the expedited investor route with the hurdles faced by migrants already in Argentina. Decree 366/2025 permits naturalisation for a “relevant” investment without a prior-residence requirement, whereas the general rule requires two years of continuous legal residence.¹

Peronist lawmaker Agustín Rossi called the proposal a program designed so “technology entrepreneurs can do business,” while left-wing deputy Myriam Bregman described it as a “purchase and sale of citizenship” that could help wealthy people acquire land.² Migration specialists cited in the criticism argue that people who live and contribute in Argentina can still face administrative barriers, creating what they regard as an unequal standard.²

The disagreement is therefore not over whether Argentina needs investment, but over whether citizenship should become one of the instruments used to secure it.