‘Golden Passport’ Plan Aims to Attract Wealthy Foreigners
The plan offers citizenship through a nonrefundable $350,000 payment or an $800,000 bond as Argentina seeks to boost investment and tighten screening.
- On Friday, Economy Minister Luis Caputo announced Argentina's 'golden passport' scheme in Paris, allowing foreigners to obtain citizenship through a non-refundable $350,000 contribution to the Argentine Treasury or an $800,000 government bond.
- President Javier Milei's government launched the initiative to secure new revenue as the country faces nearly $25 billion in foreign-currency debt payments due in 2027 while avoiding international bond markets.
- The program aims to raise up to $2.5 billion, with officials promising a "rigorous evaluation process" involving intelligence agencies to ensure financial transparency and prevent money laundering, according to the Economy Ministry.
- Tech executives, including Palantir co-founder Peter Thiel, expressed interest in Argentine citizenship during a 2024 Sun Valley meeting; Caputo said this interaction inspired the current citizenship-for-investment framework.
- Critics caution that such schemes often invite corruption; the Financial Action Task Force has warned that citizenship programs can facilitate concealment of illicit wealth and evade justice.
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Argentina's golden passport will be so popular that 'really wealthy Americans will be embarrassed' not to have it, top advisor says
A consultant who helped design Argentina’s new citizenship-by-investment program predicts it will become a status symbol for wealthy Americans. “I expect that the Argentina program will become so popular with the American [high-net-worth individuals] that really wealthy Americans will be embarrassed if they do not have an Argentina passport,” said Nuri Katz, founder of Apex Capital Partners, told Fortune on Friday. Economy Minister Luis Caputo a…
Argentina to Offer Citizenship to Wealthy Foreigners in Exchange for Cash, Investments
Argentina's President Javier Milei delivers a statement at the Organisation for Economic Co-operation and Development (OECD) headquarters, ahead of the "Argentina Week," an event aimed at promoting investment and business opportunities, in Paris, on Oct. 1, 2026. (Teresa Suarez/AP Photo)
Argentina is becoming the first South American country to introduce a so-called "Golden Passport" system, which grants citizenship to foreigners who pay a certain amount or purchase government bonds. This measure was introduced by the financially struggling Javier Millerei government to increase the inflow of foreign capital and dollars. At the "Paris Argentina Week" held in Paris, France, on the 2nd (local time), the Argentine government [annou…
Argentina has launched a new "golden passport" program offering citizenship to wealthy foreign investors in an effort to ease its debt burden and attract foreign currency.
Pay for passports: Milei government unveils citizen by investment scheme
Applications to open in fourth quarter as government pitches citizenship programme to foreign investors; Would cost around US$5000 for family of four – applicant, spouse and two minors – to gain Argentine passports. Leer más
Argentina offers citizenship to wealthy foreigners
BUENOS AIRES, Argentina -- Argentina on Friday announced plans to offer citizenship to wealthy foreigners in exchange for cash contributions or investments in government bonds, as libertarian President Javier Milei seeks new sources of dollars for the debt-burdened nation.
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