{
  "id": 11471202,
  "title": "Argentina offers golden passports to foreigners for US$350,000",
  "url": "https://urgent.news/2026/10/02/argentina-offers-golden-passports-to-foreigners-for-us-350-000",
  "topic": "world",
  "section": "World",
  "published": "2026-10-02T15:12:14.000Z",
  "source": {
    "name": "Buenos Aires Times",
    "slug": "buenos-aires-times",
    "url": "https://www.batimes.com.ar/news/economy/argentina-offers-golden-passports-to-foreigners-for-us350000.phtml"
  },
  "original_language": "en",
  "account": "Argentina's government introduced a citizenship-by-investment program, also known as a \"golden passport,\" on Friday in Paris, marking the first-ever such initiative from a South American nation and the largest globally to adopt one. The program will commence in the fourth quarter, allowing foreigners to choose between two options to obtain citizenship in Argentina. The primary applicant can pay a non-refundable US$350,000 fee to the national Treasury, while a spouse would require an additional US$100,000 payment, and children under 18 would need US$25,000 per child. A family of four would pay US$500,000 in total, according to a statement from the Economy Ministry. Alternatively, applicants can invest in a government bond worth US$800,000 specifically designated for the citizenship program. All funds will be used to strengthen the fiscal and financial position of the Argentine Republic. Applications will undergo a stringent evaluation process to ensure national security, financial system integrity, and international prestige of Argentine citizenship. Measures to prevent money laundering will be implemented. However, the passport program is likely to face opposition from Milei's political opponents, especially during Argentina's upcoming presidential elections. The development comes amid nationalist sentiment in recent months and the influx of billionaire tech investor Peter Thiel, who recently purchased a home in Buenos Aires. Milei's broader strategy includes providing corporate tax breaks, legal guarantees for large corporations, labor reform, and deregulation to attract foreign investment. Supporters of the citizenship and visa programs praised Argentina's announcement, highlighting the country's strategic location and high quality of living as reasons for its premium price tag. Experts note that Argentina's booming economy and culture make it an attractive option for relocation or investment. Citizenship sales are typically reserved for small countries with few natural resources and a need for foreign investment. Argentina, as the world's largest country to offer a golden passport, could attract a diverse range of buyers, including US citizens and Europeans. The new program could pose a significant challenge to the five Caribbean nations that currently offer citizenship, relying on those revenues to support their economies.",
  "summary": "President Javier Milei's government will offer a \"golden passport\" to foreigners for a non-refunable payment of US$350,000 – or US$500,000 for a family of four. Applicants be will subject to \"rigourous evaluation process.\" Leer más",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}