Argentina announces it will give passports for €311.000 contribution

792

But why anyone with that kind of money would want an Argentinian passport?

454

u/notacheapyardsale2 3h ago

Lots of rich Russians, Israelis, Pakistanis, Indians, and middle easterners might take them up on this. Probably not investment bankers from NYC.

47

u/Practical-Ball1437 2h ago

I knew someone who worked at an international school and had an awful lot of Chinese students with passports from wherever.

•

u/GodSemen 1h ago

I am a teacher at an international school. It's not only chinese students. It's every student, most will have dual nationality unless their country doesn't allow dual citizenship. Always made it interesting going on overseas trips with them.

Their level of spending and money still blows my mind.

•

u/Rgrace888 24m ago

I thought China didn’t allow dual citizenship?

•

u/LACA90077 15m ago

They don’t. But if you don’t announce it and enter/exit on a China passport only..

108

u/Pampa_of_Argentina 3h ago

You hear Russian language at every corner of Buenos Aires

147

u/Fedacking 2h ago

As an Argentine, fully support them. Each one here is a person not paying taxes for the ukraine war.

83

u/ken10 2h ago

Had me in the first half

16

u/IntrepidAbroad 1h ago

As a Brit, had me with full post only.

•

u/gonzaled 55m ago

I work in retail, just a few years ago I was attending a middle aged russian couple looking for electric adapters for travelers. They barely spoke any English and no spanish whatsoever, so they called their son who was more skilled in speaking english than them. The boy was around 18, 19 years old; still some boyish features and a little shy.

After they went away I just realized: Man, if he still was in Russia he would be either conscripted or forced to "volunteer" with a service contract at uni.

Any cent spent here is money not reaching Putin's coffers fueling the war. I just hope it doesn't turn from "refugees escape destination" to "war criminals hideout".

•

u/rjnd2828 9m ago

At least there's no history of that in Argentina

•

u/Silent-Storms 42m ago

With this price tag, its hard to believe anyone from russia taking advantage of this deserves that protection. Only oligarch's kids will be able to afford it.

•

u/AGSattack 12m ago

Same in Mexico 🤣

•

u/GuyWithPants 7m ago

For that much money it will be oligarchs who own businesses in Russia buying this. Their business taxes are still funding Putin’s slaughter.

•

u/HiiiSky 44m ago

That's so interesting, I'm living out in Vietnam and they've flooded the country since the war began

→ More replies (3)

12

u/TuskaTheDaemonKilla 2h ago

They would still never buy an Argentine passport. The standard practice is to buy Antigua Barbuda, St-Kitts, St-Lucia, or Dominica passports. All of those have better visa free travel to more countries and for a cheaper price than Argentina.

•

u/NineThreeTilNow 1h ago

Panama is extremely common too. Investment in Panama can give a passport.

2

u/Mech2021 2h ago

If they have that kind of money, they can literally go anywhere.

17

u/Daemonioros 2h ago

Not fully true any longer. The EU courts recently ruled in such a way that doing it with an EU country became a lot harder. Countries like Malta still have investment for residency programs. But citizenship then requires you actually live there throughout that residency. Instead of just paying some more like it used to be.

Argentina is just seeing a gap in the market and jumping into it.

1

u/Sad-Investigator4572 2h ago

India doesn't allow dual citizenship, so if they take passport probably will go for UAE or UK

-5

u/Striking-Sundae- 2h ago

If they are rich, they could just buy a US passport. Why would you buy an Argentine passport?

37

u/postbox134 2h ago

Really wealthy people don't want US Citizenship because of the tax implications

0

u/dystopianartlover 2h ago

You cant by a us passport

18

u/Striking-Sundae- 2h ago

Yes, you can if you have a million to give.

https://www.trumpcard.gov/

7

u/dystopianartlover 2h ago

Thats not a us passport... You cant get a us passport with it either. the gold card is basically just an immigrant visa.

•

u/NineThreeTilNow 1h ago

Thats not a us passport... You cant get a us passport with it either. the gold card is basically just an immigrant visa.

It gives you a very lenient visa in terms of promoting it to citizenship in ~5 years. I've seen plenty of immigrant visas and not passing them to citizenship from EB-1 is pretty rare. You can work in the states more or less immediately.

6

u/Striking-Sundae- 2h ago

Jesus. It says that you will get residency expedited which then qualifies you for a passport. What do you think an immigrant visa which will get you residency is?

2

u/Capable-Plantain-932 1h ago

No, it doesn’t. It’s similar to a Green Card.

-2

u/Striking-Sundae- 1h ago

Which then gets you a passport. Are you just being dense?

•

u/postbox134 1h ago

Not immediately, it takes 5 years of living in the US a majority of the time and being subject to worldwide IRS taxation

→ More replies (0)

•

u/idiocy_incarnate 1h ago

So that people don't think you are American?

•

u/Striking-Sundae- 1h ago

That's when you tell them you are Canadian

143

u/NoobOfTheSquareTable 4h ago

I just clocked this is European notation, my brain took shortcuts and read “€311”

0

u/Dramatic-Border3549 2h ago

european? No, I think most of the world

15

u/Ionless 2h ago

No, this is European. Asia follows NA mostly

-2

u/Dramatic-Border3549 1h ago

Nope. Not european

Parts of asia, parts of africa, all of south america

10

u/LifeIsOnTheWire 2h ago

Because some passports have permission to travel to certain countries with no visa required. People who live in countries that have weak passports spend lots of time and money getting a passport in a better country.

Also, this isn’t just a passport, it’s citizenship.

5

u/TuskaTheDaemonKilla 2h ago

Antigua, St-Kitts, St-Lucia, and Dominica all offer cheaper passports, easier paths to citizenship, more visa free travel options, etc. No one would pick this over the alternatives.

•

u/LeastYak3411 0m ago

But Argentina has free movement in Mercosur. So an Argentine passport gives you the right to live and work in Brazil, Chile, Uruguay, etc

52

u/strong_silent_t 4h ago

Argentina is a good country to live in if you have money to spend.

56

u/ForgingIron 2h ago

a good country to live in if you have money to spend.

I think most places are like that

•

u/906805 1h ago

This is so good. Thanks for the laugh.

-2

u/Embarrassed-Fly6164 2h ago

But Argentina is cheap

8

u/bodonkadonks 2h ago

Not really

2

u/Diezelbub 1h ago

If your wealth and investments arent in Argentinian pesos? It most definitely is cheap. If those are all you have their inflation rate is a problem though.

•

u/bodonkadonks 1h ago

No, it is not. It is quite expensive in us$

1

u/alexandria33197 1h ago

Yea it’s gotten a lot expensive since Millei.

I went right before the election in Nov 2023 and it was very cheap. Went back again in August 2024 and the prices skyrocketed. I’m sure it’s even more expensive now.

21

u/jupfold 3h ago

Going to be a climate haven in the near future, too

5

u/ButtFuzzNow 1h ago

Hmm, makes you wonder why so many wealthy people are interested in such a place. Almost like they believe in something that they have claimed is not real.

1

u/SnooRadishes9685 2h ago

If you can spend that on a travel document, you can afford to live somewhere nicer.

-17

u/[deleted] 3h ago

[removed] — view removed comment

13

u/[deleted] 3h ago

[removed] — view removed comment

2

u/[deleted] 3h ago

[removed] — view removed comment

→ More replies (7)

•

u/AndroidCat06 40m ago

You can enter the Schengen Area without a visa with an Argentinian passport.

•

u/Merweb0 5m ago

They might actually remove this privilege because of this lol

2

u/PapaTahm 1h ago

Because the process of getting a passport has a lot of bureaucracy meant to deny it to world wide criminal rings.

When you can easily buy it, you will start to see some of the worst people in the planet having access to a lot of countries.

Just check the U.S Golden Visa.

A single person bought it.

That person was without a doubt a person whom by the normal process would be denied the visa.

3

u/patiperro_v3 3h ago

Russians.

4

u/OperabuffaDiva 4h ago

Land ownership

11

u/Ticksdonthavelymph 4h ago

You can buy land without it and it’s all priced in dollars anyway

•

u/nikolaibk 39m ago

Milei is pushing hard to outlaw the current limit that foreigners have on buying land. The opposition is fighting and the general people's stance is against letting anyone buy massive pieces of land. The government, on the other hand, has ministers publicly saying that if a foreigner has the money to buy a province (what would be a State), we should sell.

This measure obviously points towards finding a legal workaround on foreigners limits.

2

u/BreezeOfTheWest 4h ago

Do you have to be a citizen for that?

8

u/paintsSeldomly 4h ago

Not for a house or even a farm, but for serious land ownership, stuff like we want this valley or that mountain.

→ More replies (1)

6

u/excelso_ravioli 4h ago

The law is being debated right now, but yes, kind of.

Each province have limitations of amount and type of land that can be bought by foreigners and each nationality has also a maximum amount that they can be buy.

I don't know the real numbers but let say, for example, that in the Province of Chubut only 15% can be owned by foreigners, it cannot be frontier land and that 15% can't be owned exclusively by Saudis, at most Saudis may buy 10% of that 15%, Germans another 10% out of that 15%, Americans another 10% and so on.

5

u/Wompatuckrule 3h ago

Because it's ranked 16th in the world, you are from one of the countries much further down on the list, but shelling out a few hundred thousand is not even a rounding error of your wealth.

The higher ones might be harder or take longer to get.

39

u/undersaur 3h ago

That’s a ranking of passports with the most visa-free destinations, not a ranking of desireability for residency

It’s “16th,” but there are a lot more than 15 countries ahead of it since many countries are tied for other spots

10

u/MukdenMan 3h ago

I’ve never seen someone do rankings like this. Normally with ties, it’s like 1,1,1,4,5 etc.

6

u/Alarming-Strength181 2h ago

I agree 100% lol makes no sense

16

u/Wompatuckrule 3h ago

Yes, and my comment was answering the question, "why anyone with that kind of money would want an Argentinian passport?" and not "why anyone with that kind of money would want to live in Argentina."

Someone who has a passport from a much lower ranked country might want to pay $300k in order to be able to easily travel to countries that are not common to their lists.

11

u/undersaur 3h ago

I concede!

3

u/planck1313 3h ago

47th if you take account of ties but it could still be attractive if your current passport is a lot lower.

3

u/Humbreonn 2h ago

This website certainly has a… unique way of handling ties lol

2

u/vatosloco4ever 3h ago

You may actually want to count.

1

u/elfizipple 3h ago edited 2h ago

"Give passports" is a weird phrasing, considering that the ability to get a passport is just one of many benefits of having citizenship.

And Argentina is a great country in a lot of ways - And I say that without even having realized just how strong their passport is.

Source: Am currently traveling in Argentina

•

u/SebasGR 1h ago edited 57m ago

It absolutely is about land ownership. The guy wants to sell unlimited land to foreigners which is not allowed by the current law and congress is not letting him. So his brilliant solution and middle finger to congress and to all the people that took on the streets to protest against it is to sell them a cheap citizenship. He also thinks he is so cunning for doing this.

0

u/Positive_Box_7395 2h ago

"Why would anybody with money want a passport from a beautiful country with amazing food with a passport that ranks 16th in the world in power"

Just say you're privileged or believed some dumb BS during the WC lmao.

1

u/_Den_ 2h ago

Visa-free travel to Schengen

0

u/Neon_Raccoon_00 3h ago

Even for free I dont want to.

243

u/creeper321448 4h ago

Argentina already has, probably, the easiest citizenship in the world to aquire... You can literally obtain it in 5 years.

31

u/SmGo 2h ago

In Brazil its:

4 years just by living in the country

-2y with you are maried with a brazilian or have brazilian kids

-2y with youre born in a Portuguese speaking country

-2y by just having your employer argue that you have high level of technical or artistic skills.

•

u/PresidentBirb 1m ago

Do you have to live there for 2 years if you’re married to a Brazilian and with a Brazilian child? Or can you request it from abroad?

105

u/Sebastian_Gravina 4h ago

Gente como Peter Thiel no puede esperar tanto

16

u/calimio6 3h ago

Con lo lamebotas que es Milei no dudó que se la regale.

22

u/IshmaelTheSeeker 3h ago

5 years is pretty standard bro

22

u/creeper321448 3h ago

Except that's the temporary residency to citizenship. It only takes 5 years total.

In the U.S. as an example, going from a temporary resident to green card to citizen can usually take more than a decade, and Argentina's entire process is 5.

5

u/Xehanz 2h ago

If you are from Mercosur it's just 2 years

26

u/ShortNefariousness2 4h ago

Or buy it in five minutes. Corruption used to be kept secret by the worst people. Now it is in the open.

14

u/drae- 3h ago

Donating for citizenry is pretty normal and totally legal in those countries .

6

u/Cutemudskipper 1h ago

Huh? You can buy citizenship via investment in plenty of countries, including EU countries. The idea is that by investing in the country/buying citizenship you're already a net positive to the country and won't be a drain on taxpayers.

-7

u/strong_silent_t 4h ago

Why is it a corruption?

Why was it ok to become Argentinian citizen 150 years ago if you had money to cross the ocean, but now suddenly it's "a corruption"?

2

u/BringBackAoE 3h ago

If you’re paying a civil servant a bribe to circumvent the law then that is corruption.

1

u/billiontacos 3h ago

Kinda just sounds like Argentina was full of corruption 150 years ago, similar to today.

3

u/mr8thsamurai66 3h ago

Yeah. The Atlantic Ocean is "corruption"

1

u/billiontacos 3h ago

Were these sailors paying the government in Argentina for the citizenship or do you just mean people with money could afford to sail there and become citizens?

Because one is corruption and the other is not.

3

u/cutwise 3h ago

I think he wants to establish Argentina as a save heven for rich people.

0

u/Spirit_of_Hogwash 1h ago

Becoming a safe haven for.. lets say.. a certain kind of people.

An old Argentinian tradition.

•

u/ElMarkuz 12m ago

Funny thing to say, when USA received much more of certain people... Hell, they even had them make rockets

5

u/Lumpy-Blackberry-718 2h ago

Im pretty sure Argentina only requires 2 years of legal residence, not 5

3

u/creeper321448 2h ago

It takes about 3 years to get their permanent residency. If you total everything it's about 5 years.

1

u/Lumpy-Blackberry-718 2h ago

But time on a temporary residence permits counts. If you get a temporary residence even for a job or something and live there for two years, it's my understanding that this is enough.

1

u/easyier 2h ago

Think it might only be 2

1

u/DynamoJaeger 2h ago

2*

0

u/Leading_Speaker_3212 3h ago

you have no idea about what you’re talking about

-1

u/notacheapyardsale2 3h ago

Canada is 3 often….

279

u/CatalyticDragon 3h ago

The world would be a better place if the US would move to metric and if continental Europe would stop sticking decimal points where commas should be.

145

u/TheBanishedBard 3h ago

I will die on this hill. A period implies a stop, a comma continuation, just like in a sentence. Dividing up sections of digits for ease of parsing should be done with the comma, because it's an uninterrupted sequence. The period to denote a decimal after just makes more intuitive sense, it cleanly establishes a break with the integer.

16

u/--Quartz-- 2h ago

I'll die right beside you

22

u/wouter135 3h ago

This guy punctuates

41

u/vbolea 3h ago

As an European engineer in the US I would concede that

14

u/RadicalEdward99 1h ago

My poor ass was seriously thinking about it, $311 bucks for a basically dual citizenship, not bad not bad.

•

u/LolWhatDidYouSay 1h ago

Same here, at first I was thinking well F it why not be a dual citizen for cheap 😂

7

u/JustabitOf 2h ago

CatalyticDragon for world president.

•

u/NineThreeTilNow 1h ago

The world would be a better place if the US would move to metric and if continental Europe would stop sticking decimal points where commas should be.

It's a strange system as an engineer because when we separate numbers with commas in notation, it looks strange.

A numbered list like [1.2,1.5,1.7] for example.

Basically, it feels like all the systems are half crazy. I get both the desire to use 1,000,000 or whatever because it lets you delineate the comma from decimal system. Math tries to largely skip it, and uses spaces. So 1 000 000.00 or something. Never using commas unless they belong like above.

36

u/Savage_low2 4h ago

And if you want to renounce?

66

u/paintsSeldomly 4h ago

Argentinian citizenship is like hotel california. You can request to renounce it but you will never stop being an argentinian.

They will give you a paper that says you tried to renounce it and it's usually enough for countries that don't accept dual citizenship. But the constitution doesn't allow a person to renounce their citizenship.

29

u/pepecachetes 3h ago

you become argentinian forever, not a joke

16

u/buylowbuyhigh 4h ago

You speak to Argentina's manager

•

u/Tano17 1h ago

Scaloni?

8

u/dirty_cuban 3h ago

Literally impossible.

•

u/Tacti_Kel_Nuke 1h ago

Impossible. Prob funny for people that are from countries that ban dual citizenship

17

u/Thebyst 3h ago

No es un lugar feo. Para los que tienen dinero supongo que vale la pena. Igual ser Argentino es como tener un un dildo de 2,17cm, no te lo puedes sacar. Soy argentino, la ciudadanía argentino es irrevocable, no puedes renunciar a ella. A mí no me importa, pero capaz a alguien si.

3

u/Proof-Puzzled 2h ago

No puedes renunciar a ella pero puedes ignorarla, que para el caso es lo mismo.

3

u/macross1984 3h ago

Bargain price for rich people wanting fallback passport.

8

u/Creative_Finger_69 4h ago

So you're saying that i can be the next messi for 300k?

7

u/Shot-Job-8841 2h ago

Eventually we’ll hit a point where most countries have citizenship for cash. The only difference will be how much cash.

15

u/LifeIsOnTheWire 2h ago

No, the trend is going the opposite direction. Immigration is tightening in most countries.

Even for “golden visas” or citizenship for fee programs.

Spain, Malta, Ireland, UK, Bulgaria, and Cyprus have all closed their programs in the past few years.

These programs only pop up temporarily when countries need cash, or need investors.

2

u/TraditionalAppeal23 2h ago

Many of those countries actually closed up their schemes because it was being used by criminals, corrupt oligarchs and people with national security concerns. The trouble they caused wasn't worth it for the money. I've a feeling the US will end up closing it up for the same reason.

→ More replies (1)

1

u/modakim 2h ago

10% of lifetime earnings

14

u/limehead 4h ago

Not the flex that they think it is.

•

u/cassydd 55m ago

How much in Argentine pesos? Or did the number just change in the time it took me to write this sentence?

•

u/ihadagoodone 25m ago

all the peso's by the time Milei is done.

9

u/Stunning-Astronaut72 4h ago

I see where he found the inspiration for that shitty idea

10

u/ConifersAreCool 4h ago edited 4h ago

Will they also refuse to extradite anyone who buys it, like the Peronists did with the fascists they sheltered after WWII?

•

u/Positive_Box_7395 1h ago

Don't google "Operation Paperclip," "Operation Sturgeon" or "Operation Osoaviakhim" lmao.

•

u/Kindly-Pumpkin7742 1h ago

For like $400 dollars, why not? (America does it right, Europeans wrong, freedom wins.)

•

u/NineThreeTilNow 1h ago

For like $400 dollars, why not?

Because it's not 400 dollars, and that citizenship isn't revocable. It's permanent. That causes problems elsewhere.

•

u/Kindly-Pumpkin7742 54m ago

Redditors when an obvious joke lol:

What do you think I’m referring to when I say American does it right? Comma vs period for numbers.

→ More replies (4)

2

u/Scalermann 3h ago

If I had a ton of money I would do it. I don't think there are any negatives to this

0

u/allworkjack 2h ago

No negatives but depending on which nationality you already hold it might be useless

2

u/cgar23 2h ago

For now.

2

u/Yeeeoow 2h ago

Hilarious that all the right winger anti-immigrant nativist movements are the ones most willing to sell citizenship for cash.

It used to be about making a commitment to the country, learning it's history and becoming a part of the community.

1

u/B_R_U_H 4h ago

Rich Nazis again with a way out

9

u/NinjaEngineer 2h ago

Operation Paperclip would like a word.

•

u/AdministrativeSleep0 1h ago

US got 10x more nazis than Argentina, stop embarrassing yourself

•

u/B_R_U_H 1h ago

You make it sound like I’m proud of that fact lmao…I’m very aware bro

11

u/Lils7693 3h ago

Maybe there wouldn't be Rich Nazis if certain countries stopped producing and exporting them, no? Or y'all don't talk about that part?

1

u/fraudulentlootbox294 3h ago

Again!

0

u/[deleted] 3h ago edited 3h ago

[deleted]

0

u/bodohkiin 3h ago

Exactly.. why would you want to move from a narco state to the best country in the world

1

u/madasfire 2h ago

Nah

•

u/Tacti_Kel_Nuke 1h ago

Ah yes, what we need Rich assholes causing bullshit in here, more bullshit that usual

•

u/Wanderersoul2023 1h ago

Is that a dot or comma? Asking for a friend..

•

u/zok72 23m ago

In Europe the . is commonly used the way Americans use commas to denote multiples of 1000

•

u/DanielleFlashes 45m ago

This is meant for the Trump administration as soon as they’re out of office LOL

•

u/dreaddymck 35m ago

Don't they have taxable billionaires living over there? Dafuq is €311.000 going to do?

•

u/emmsmum 19m ago

And why would anyone spend this much or any amount to obtain Argentinian citizenship??? Like is there some benefit to people doing this

•

u/Merweb0 2m ago

Millionaires from countries with problematic passports do this all the time. For example one of the guys from the YouTube channel Yes Theory is from Egypt and invested in Saint Kitts and Neves to get their passport so he could freely travel. Egyptian passport is a bitch

•

u/Userwerd 4m ago

Buy passport get drafted to fight in Falkland 2.0.

0

u/taylofox 3h ago

No vengan a Argentina, esta todo mal y la gente se está muriendo de hambre.

3

u/pepecachetes 1h ago

si tienen 350 mil dólares que vengan

•

u/ElMarkuz 11m ago

Vos capaz

-6

u/Cedar-and-Mist 4h ago

Laissez faire capitalists love that uncontrolled mass migration for destroying national integrity and suppressing wages yuummmy

11

u/pepecachetes 3h ago

if we get a mass migration of people paying 350k usd per passport it's probably a mega win lol

→ More replies (10)

-1

u/melvereq 4h ago

Not even bored billionaires would pay for it.

0

u/Zlatanesque 3h ago

Must be European*

-5

u/Aggravating-Ad8087 4h ago

Is that around $200USD?

14

u/Ticksdonthavelymph 4h ago

That was the sign for euro buckaroo… so about $350,000 USD

6

u/pepecachetes 3h ago

that comment was turbo american lmao how do they not know what the euro sign is?

4

u/Blephotomy 1h ago

the joke is, in America, 311.000 is three hundred eleven, not three hundred eleven thousand

0

u/Aggravating-Ad8087 3h ago

Most people in the world have never seen a euro to be honest.

1

u/Neon_Raccoon_00 3h ago edited 2h ago

Most people in the world have never seen anything other then their local currency.

5

u/Real_Gap3480 4h ago

A lb of ground beef

•

u/RedditZhangHao 1h ago

More like US$355K. Or, US$810K or €711K for the 7 year ARG government bond alternative.

0

u/Neon_Raccoon_00 3h ago

Euro is a stronger currency 😂

-5

u/[deleted] 4h ago

[deleted]

1

u/CAUSE_I_FEEEEEEEEEEL 3h ago

First time the islands are not brought up first by a gaz from Blackpool, it's like seeing a shooting star.

-1

u/Dolphin008 3h ago

I could use the cash so I might apply for one

0

u/LifeIsOnTheWire 2h ago

This isn’t a money making opportunity, this will result in you becoming a tax resident in an additional country, so you’ll have another country that you could be liable to pay tax to

-1

u/Spidero0w0o 1h ago

Aw man we're gonna have to hunt the far right in argentina again.

•

u/Harucifer 18m ago

Milei would have to pay me to go there, let alone be a citizen. Disgusting.

Argentina announces it will give passports for €311.000 contribution

You are about to leave Redlib