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Argentina launches 'golden passport' scheme selling citizenship to wealthy foreigners for $350,000

From the Newshound archive · first published 2 October 2026 · last updated 3 October 2026.

Javier Milei, Argentina's president, whose government's citizenship-by-investment scheme will allow wealthy foreigners to buy residency rights, with critics warning it creates a two-tier system.
Javier Milei, Argentina's president, whose government's citizenship-by-investment scheme will allow wealthy foreigners to buy residency rights, with critics warning it creates a two-tier system.

Javier Milei's government, short of cash, has launched a citizenship-by-investment programme — South America's first — unveiled at a Paris investor event on Friday. Economy Minister Luis Caputo set out two options: a non-refundable $350,000 payment to the national Treasury, or an $800,000 government bond held for seven years. Under the cheaper route, a four-person family would pay $500,000 in total, with applications due to launch by the close of 2026.

Argentina faces close to $25 billion in foreign-currency debt payments coming due in 2027, and advisers believe the scheme could generate as much as $2.5 billion.

The programme is the first by a G20 nation and the first anywhere to write same-sex married couples' equal recognition into its founding guarantee.

Moreclarin.comThe "Amex Black Card" of passports: Why wealthy americans are buying into Argentina’s new citizenship programimidaily.comArgentina Announces CBI Program Pricing and Launch Timeframe - IMI Dailybloomberg.comArgentina Offers Golden Passports to Foreigners for $350,000 - Bloomberg.combatimes.com.arArgentina offers golden passports to foreigners for US$350,000dw.comArgentina launches cash-for-citizenship schemeforbes.comPrice Of Argentinian Citizenship: $500,000 For Family Of Four - forbes.comThe IndependentDebt-saddled Argentina pitches 'golden passport' scheme to woo wealthy foreigners
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