{
  "id": 11730995,
  "title": "Argentina unveils passports-for-investment scheme",
  "url": "https://urgent.news/2026/10/03/argentina-unveils-passports-for-investment-scheme",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-03T17:13:01.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40442486/argentina-unveils-passports-for-investment-scheme"
  },
  "original_language": "en",
  "account": "Argentina's President Javier Milei announced on Friday a citizenship-by-investment scheme, offering citizenship to foreigners investing at least $350,000 in the country. This move follows Argentina lagging behind Brazil and Mexico in foreign direct investment last year, according to the OECD. Milei, a free-market radical, has implemented various economic reforms to boost Argentina's competitiveness, including slashing public spending and deregulating the economy. However, some economists doubt the scheme's ability to attract quality investors, fearing it might attract individuals with dubious backgrounds. The government proposed two investment options: either a $350,000 direct contribution to the National Treasury or a $800,000 government bond for investors and their spouses and children. The funds would be used to strengthen Argentina's fiscal and financial position. Milei visited Paris to meet with investors and signed investment agreements, including a $10 billion commitment from TotalEnergies for oil and gas exploration in Patagonia and a $4 billion investment from Glencore in a copper project. The scheme comes after the Supreme Court removed limits on foreign land purchases, reigniting protests from veterans of Argentina's 1982 Falklands War.",
  "summary": "BUENOS AIRES: Argentine President Javier Milei’s government said Friday that the country would offer citizenship to foreigners who invest at least $350,000 in the country. Latin America’s third-largest economy lagged far behind Brazil and Mexico in the foreign direct investment stakes last year, according to the Organization for Economic Cooperation and Development (OECD). Milei, a free-market…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "DW News",
        "title": "Argentina launches cash-for-citizenship scheme",
        "url": "https://urgent.news/2026/10/02/argentina-launches-cash-for-citizenship-scheme",
        "published": "2026-10-02T14:26:00.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Debt-saddled Argentina pitches ‘golden passport’ scheme to woo wealthy foreigners",
        "url": "https://urgent.news/2026/10/02/debt-saddled-argentina-pitches-golden-passport-scheme-to-woo-wealthy",
        "published": "2026-10-02T16:38:16.000Z"
      },
      {
        "outlet": "Euronews",
        "title": "Debt-saddled Argentina pitches 'golden passport' scheme to woo wealthy foreigners",
        "url": "https://urgent.news/2026/10/02/debt-saddled-argentina-pitches-golden-passport-scheme-to-woo-wealthy-11490713",
        "published": "2026-10-02T17:35:42.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Argentina unveils passports-for-investment scheme",
        "url": "https://urgent.news/2026/10/02/argentina-unveils-passports-for-investment-scheme",
        "published": "2026-10-02T23:07:00.000Z"
      },
      {
        "outlet": "Gulf News",
        "title": "Argentina unveils $350,000 investment scheme for citizenship",
        "url": "https://urgent.news/2026/10/03/argentina-unveils-350-000-investment-scheme-for-citizenship",
        "published": "2026-10-03T13:20:54.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "Argentina’s golden passport will be so popular that ‘really wealthy Americans will be embarrassed’ not to have it, top advisor says",
        "url": "https://urgent.news/2026/10/03/argentinas-golden-passport-will-be-so-popular-that-really-wealthy",
        "published": "2026-10-03T16:32:21.000Z"
      }
    ]
  },
  "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."
}