Argentina Announces New $350,000 Citizenship-by-Investment Program to Boost Public Finances

An Argentine passport obtained through the program would provide visa-free access to more than 140 countries, according to The New York Times.
Argentina attracted $3.134 billion in foreign direct investment in 2025, the lowest level among major Latin American economies, according to the OECD; by comparison, Brazil received $76.877 billion.
The program is being presented as South America’s first citizenship-by-investment scheme and, according to Clarín, the first established by a G20 country.
Argentina will launch a citizenship-by-investment program in late 2026, offering passports to wealthy foreigners for $350,000 or $800,000 in government bonds. The New York Times reports that an Argentine passport would grant visa-free access to over 140 countries. The move aims to attract foreign capital as Argentina grapples with weak investment inflows.
Argentina attracted just $3.134 billion in foreign direct investment in 2025—the lowest among major Latin American economies, OECD data shows. By contrast, Brazil received $76.877 billion. The citizenship program represents President Javier Milei's aggressive push to reverse the trend and shore up public finances.
Foreign nationals can secure Argentine citizenship through two paths: a $350,000 nonrefundable contribution to the Treasury or a $800,000 purchase of government bonds. Fortune reports that spouses and children can be included for additional payments, with lower amounts required for minors. All applicants must pass background checks, financial verification, and screening for money-laundering and national-security risks.
Applications will open in the fourth quarter of 2026. Cibercuba notes the program was announced by Economy Minister Luis Caputo, who framed it as a strategy to strengthen Argentina's finances and welcome high-net-worth individuals seeking residency and citizenship abroad.
Argentina's foreign direct investment collapsed to historic lows in 2025. OECD figures show the country pulled in just $3.134 billion—far below regional peers. Brazil received $76.877 billion, while other major Latin American economies also vastly outpaced Argentina. The citizenship scheme is Milei's answer to this capital drought.
The program complements broader pro-investment policies. Earlier this year, Argentina removed restrictions on foreign ownership of rural land—a move aimed at opening the countryside to international capital but one that sparked domestic opposition from those concerned about land sovereignty.
Clarín reports this will be South America's first citizenship-by-investment scheme and the first launched by a G20 nation. Fortune notes such programs—often called 'golden passports'—face growing international scrutiny over concerns about potential abuse, money-laundering, and security risks.
Global pressure is mounting on countries to scrutinize or abandon investor-citizenship schemes. Argentina's debut into this space comes as wealthy individuals increasingly seek multiple passports for tax planning and mobility. The $350,000 entry point aims to attract serious investors while the vetting process seeks to minimize risk.
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