On 31 July 2025, Decree 524/2025 was published in Argentina’s “Official Gazette”1 (Boletín Oficial de la República Argentina) establishing the procedure for granting Argentine citizenship through investment. This regulation complements the changes introduced by Decree 366/20252 to Citizenship Law N° 346 and is being touted as a step that will attract foreign investment.
WHY THIS MATTERS
This new framework introduces a process for granting citizenship to investors, with the stated aims of attracting foreign capital, promoting job creation, and enhancing Argentina’s competitiveness as a destination for global talent and innovation.
The pathway to Argentine citizenship establishes a process that includes inter-agency coordination and security checks, helping to ensure that national interests and public safety are preserved while facilitating international mobility.
There are several conditions and steps that an individual must take/achieve in order to qualify. These are highlighted below.
More Details on Obtaining Citizenship Through Investment
- A foreign national who makes a relevant investment in Argentina may apply for citizenship, regardless of his or her length of residence.
- The Investment Citizenship Programs Agency (la Agencia de Programas de Ciudadanía por Inversión), under the Ministry of Economy (Ministerio de Economía), will receive and evaluate applications.
- Key national agencies – including Immigration, Security, the Financial Intelligence Unit (UIF), RENAPER, and the Intelligence Secretariat (SIDE) (Ministerios de Seguridad Nacional y Justicia, la Unidad de Información Financiera, y la Secretaría de Inteligencia del Estado) – will assess potential risks to national national security.
- The National Immigration office (la Dirección General de Migraciones) will have 30 business days to issue a decision. If approved, the applicant will be granted Argentine citizenship.
- Once citizenship is granted, the CUIT (tax ID) will be processed through the Agencia de Recaudación y Control Aduanero known by its acronym “ARCA” (Argentina’s Revenue and Customs Contol Agency).
The new rules have an effective date of 31 July 2025 (date of publication in the Official Gazette).
What Is Not Clear at This Stage
Notably, the proposal does not specify the minimum investment amounts required to qualify under the new immigration framework. Further regulatory guidance is anticipated. There are also questions about how consistently the policy will be applied and what criteria will be used to assess “relevant” investments.
KPMG INSIGHTS
While Argentina’s new immigration framework has been welcomed by government and industry stakeholders as a strategic approach to attracting talent and investment, some migration scholars and policy analysts have raised concerns that such policies may deepen inequality if they prioritize high-net-worth individuals over broader migrant populations. Opposition politicians have questioned the long-term viability of the initiative.
This range of perspectives highlights a broader debate about who gets to be a citizen of Argentina and the role of migration in the country’s economic development; it also underscores the importance of weighing both the potential advantages and disadvantages of such initiatives, which can be challenging.
For further guidance on eligibility, compliance, or planning, please contact your usual immigration adviser or a member of the KPMG Argentina immigration team (see the Contact section).
FOOTNOTES:
1 Decreto 524/2025, published in the Boletín Oficial de la República Argentina (online).
2 Decreto 366/2025, published in the Boletín Oficial de la República Argentina (online).
Contacts
Disclaimer
* Please note the KPMG International member firm in the United States does not provide immigration or labour law services. However, KPMG Law LLP in Canada can assist clients with U.S. immigration matters.
The information contained in this newsletter was submitted by the KPMG International member firm in Argentina.
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