Argentina launches $350,000 citizenship-by-investment program to raise dollars

Foreigners will be able to obtain an Argentine passport with a non-refundable $350,000 contribution or $800,000 in seven-year government bonds.

Argentina will offer citizenship to foreigners in exchange for a non-refundable $350,000 contribution to the Treasury or the purchase of $800,000 in seven-year government bonds, Economy Minister Luis Caputo and Cabinet Chief Diego Santilli announced Friday at the Argentine embassy in Paris during an "Argentina Week" investor gathering.

Costs rise with family size: an extra $100,000 for a spouse and for each unmarried, childless son or daughter aged 18 to 25, and $25,000 for each child under 18 — meaning a family with two minors would pay $500,000. Applications are expected to open before the end of the year.

The Casa Rosada presidential palace in Buenos Aires (archive)

A push for hard currency

Argentine President Javier Milei and U.S. President Donald Trump at the White House (archive)

Intelligence and financial oversight agencies will vet applicants’ identities, criminal records and sources of funds. "The Argentine passport is highly valued, accepted in more than 140 countries," Caputo said. The government of President Javier Milei hopes the program will bring in hard currency ahead of heavy debt payments in 2027, with projections of around $2.5 billion.

The program rests on a May 2025 decree that tightened naturalization rules, requiring two years of continuous residence, and created an investment route. However, Argentina’s electoral appeals court annulled that decree on June 30, 2026, and the government has not explained how the scheme squares with the ruling.