The ‘golden passport’: Argentina to offer citizenship for foreigners that make a $350,000 contribution to its treasury—or invest $800,000 in its bonds
Economy Minister Luis Caputo unveiled the so-called “golden passport” scheme at an investor event in Paris, saying applications are expected to open before the end of the year.
Argentina has unveiled a new citizenship program dubbed the “golden passport,” offering foreign investors the chance to become Argentine citizens in exchange for a $350,000 contribution to the Treasury or an $800,000 investment in government bonds. Economy Minister Luis Caputo announced the scheme at a Paris investor event, stating that applications are expected to open by the end of the year.
The program aims to raise up to $2.5 billion for Argentina if it receives the anticipated number of applicants, offering a potential lifeline for the debt-burdened nation. With nearly $25 billion in foreign-currency debt payments due in 2027, the government is seeking alternative sources of revenue. The Argentine passport, valued in over 140 countries, could provide wealthy foreigners with enhanced global mobility and business opportunities, particularly as visa restrictions tighten in other nations.
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