Independent financial advisory from Buenos Aires for investors and families considering Argentina's new program — route selection, source-of-funds files, capital transfer, and your financial landing in the country. Immigration filings are handled with licensed Argentine counsel.
The program at a glance
The legal basis is Decree 366/2025, which amended Argentina's Citizenship Law (Ley 346), and Decree 524/2025, which set out the procedure. The commercial terms were announced by the Ministry of Economy in Paris on October 2, 2026.
Route A · Contribution
US$350,000
Direct, non-refundable contribution to the National Treasury by the main applicant.
Route B · Government bond
US$800,000
Subscription of a zero-interest government bond created for the program. Final terms (tenor, liquidity, minimum holding) pending publication.
Family members · added to the Treasury
A couple with two minor children: US$500,000 via Route A.
1 · Application
Filed with the Agencia de Programas de Ciudadanía por Inversión, a decentralized agency under the Ministry of Economy.
2 · Due diligence
Identity, background, wealth and source of funds, reviewed with input from intelligence (SIDE), the financial intelligence unit (UIF), RENAPER and the ministries of Security and Interior.
3 · Decision
The Agency issues a reasoned recommendation; the National Migration Directorate rules within 30 days of receiving it. Investment alone does not guarantee approval.
4 · After
New citizens obtain a tax ID (CUIT) with ARCA. Citizenship obtained this way does not, by itself, make you an Argentine tax resident.
Bond math
A zero-interest bond repaid at par costs you the present value of the forgone return: cost = 800,000 × (1 − 1 / (1 + r)n). Depending on tenor and your opportunity cost of capital, Route B can be cheaper or more expensive than the US$350k contribution.
| Opportunity cost (USD) | 5-year bond | 10-year bond | 15-year bond | Break-even vs US$350k |
|---|---|---|---|---|
| 6% | US$202k | US$353k | US$466k | ≈ 9.9 years |
| 7% | US$230k | US$393k | US$510k | ≈ 8.5 years |
| 8% | US$256k | US$429k | US$548k | ≈ 7.5 years |
Short tenor favors the bond. If the bond matures in under roughly 8–10 years, Route B costs less in present-value terms than the contribution — and you keep the principal.
But it is Argentine sovereign risk. Route B ties up US$800k in a single issuer. Credit, transferability and any secondary-market discount must be priced in before choosing it.
Terms still pending. Figures assume repayment at par in USD at maturity. We will update this analysis when the bond's official terms are published.
Services
Global migration firms file the paperwork. We work on what happens to your capital before, during and after the application — from Buenos Aires, inside the local financial system.
Contribution or bond? A written analysis of both routes against your cost of capital, tax position and risk tolerance, updated with the bond's final terms.
A documented, traceable wealth and funds narrative prepared to the standard the financial intelligence unit (UIF) and the Agency will expect.
Moving funds into Argentina through the formal financial system, FX planning, and holding structures — trusts and vehicles — where they make sense.
CUIT with ARCA, a local bank account, a brokerage account on the Buenos Aires market, and a portfolio built for Argentina's opportunities.
Becoming a citizen does not make you a tax resident. We map the line, coordinate with your home-country advisors and keep you on the side you intend.
Handled by our partner, licensed Argentine immigration counsel, working from the file we prepare together.
About
Founder of Yunga. Two decades inside Argentina's financial system — at the central bank, the largest state bank, the anti-corruption office and international trust and fund administration. Today an independent advisor working from the Buenos Aires Stock Exchange.
A Polish and Argentine citizen himself, he knows what a second passport means for a family.
Central Bank of Argentina
Advisor to the Board, international reserves management (2008–2011)
Banco de la Nación Argentina
Advisor to the Board and Presidency (2005–2008)
Anti-Corruption Office
Senior Financial Expert, Ministry of Justice (2018–2020)
Amicorp
Trust and fund structuring in Cayman, BVI and Luxembourg; FATCA advisory (2013–2016)
Education
MSc Finance (UTDT) · CPA (UdeSA) · Fulbright/Humphrey Fellow, Boston University
Market credentials
Registered with the CNV (Agente Productor) · Member of the Buenos Aires Stock Exchange
Thirty minutes, no obligation. We will tell you which route fits your situation and what your file will need — before you commit a dollar.