Argentina will offer citizenship to foreigners in exchange for a contribution of $350,000
Americas2 sources2 countries🔦 Under-reported31m ago
The Argentine government announced a new Citizenship by Investment program on Friday, designed to offer citizenship to foreign nationals in exchange for financial contributions. Under the plan, applicants can secure citizenship through a non-refundable contribution of 350,000 dollars to the national Treasury or by purchasing a government public bond valued at 800,000 dollars.
The initiative, often referred to as a golden passport scheme, specifically targets wealthy foreigners. According to the coverage, the measure is being advanced under libertarian President Javier Milei as part of an effort to attract new sources of foreign currency to the heavily indebted nation.
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WPLG Local 10 (Miami, US) (US)Characterizes the initiative as a 'golden passport' aimed at attracting wealthy foreigners to assist an indebted nation under President Javier Milei.
Newz