Argentina Week: Caputo announces citizenship by investment program

On the concluding day of Argentina Week's investment roadshow in Paris, Economy Minister Luis Caputo and Cabinet Chief Diego Santilli unveiled Argentina's Citizenship by Investment Program. Caputo explained that the program aligns with Argentina's efforts to strengthen its investment climate and foster capital inflows, incorporating due diligence, financial transparency, and risk management standards in line with OECD and FATF guidelines.

The minister emphasized the government's reliance on international best practices, obtained from leading firms in investment migration. Applications will undergo a rigorous assessment process, focusing on national security, financial system integrity, and Argentina's international standing. Prospective applicants can contribute US$350,000 to the National Treasury or invest US$800,000 in a government security for the program, with additional contributions for spouses, children, and specific age groups.

The Citizenship by Investment Programs Agency will assess applications, collaborating with specialized public agencies such as the State Intelligence Secretariat, Financial Information Unit, and ministries of Security and Interior. The funds obtained will bolster Argentina's fiscal and financial standing. The assessment process includes identity verification, tracing of funds' lawful origin, asset analysis, jurisdictional risk assessment, and review of criminal and reputational records.

Upon finalization of the assessment, the National Directorate of Migration will make the citizenship approval or rejection decision. Caputo and Santilli emphasized Argentina's commitment to opening its doors to global investment, projecting Argentina's value internationally, and solidifying the nation as a welcoming and trustworthy country.