Led by Javier Milei, Argentina has entered a new stage in which liberalism and free market are being prioritized. The government has been talking about implementing a citizenship by investment program for some months, and it has only been confirmed in the past few days. The official launch date hasn't been announced, and the details have yet to be sorted out by the corresponding authorities. Nevertheless, at Mundo, we would like to explore the country’s pros and cons beforehand and give our readers a chance to compare Argentina against other alternatives. Across its over 2 million square kilometers, Argentina has a variety of landscapes and natural resources. It is a rich territory where agriculture plays a vital role, being the main producer of yerba mate, and one of the main soy, maize, and sunflower seed producers in the world. It's also worldwide known for its quality beef and meat, which constitutes one of its main agricultural exports. When assessing whether to invest in Argentina, citizenship comes to mind, especially with this announcement. Yet, it's important to understand its people. Argentinians are famous for being culturally advanced and well-read and for having advanced talents both individually and collectively. While you won't find English being widely spoken in the streets, professionals speak it at excellent levels, especially in areas like services, finance, and hospitality. Buenos Aires is a tourist magnet thanks to its cultural offer, rich architecture, and vibrant environment. It has often been regarded as the Latin American city with the most European feel. This is the place where Aristoteles Onassis chose to live, work, and make his fortune after he arrived in 1923. Beyond the capital, the natural surroundings are among the most relevant in the world. You’ll find everything: beaches on the Atlantic coast, snow in Patagonia, and the Andes range. In this scenario, the country offers a vast array of opportunities, especially now. After choosing President Milei, Argentina has been open to international investment and business. Even though it's a great country in many other aspects, Argentina is not the place where to put your money. For several years, it has been facing consistent economic challenges, reaching unprecedented inflation levels. Since Milei, Argentina has seen a decrease in inflation, and it recently reached its lowest monthly inflation rate since 2020. A ray of hope shines on the horizon for the Argentinian economy? We don’t know, but the history of the country must be factored into the equation. In Argentina, citizenship by investment is to be considered in the context of the local politics. This is probably the first thing to have in mind. The alternation between left and right-wing powers created an unstable political landscape. It's not uncommon to find protests or strikes, and the politics constantly shift between pro-business and statist policies. Several miles north, there's a perfectly good alternative that has been offering residency by investment for years. This is Panama. While it doesn't have a direct citizenship program, it compensates with an outstanding variety of residency opportunities. For investors, there's a long-term move that grants you permanent or temporary residency depending on the minimum investment.

Lately, Javier Milei, Argentina, and the changes that the country is undergoing have made the news. Things seem to be changing and paving the way for Argentina to become a hub for international business. Is this a good time to invest in Argentina? Is Argentina for expats suddenly getting interesting? These are interesting questions to delve into in this article. Nobody can deny that the country has had bad press. Inflation in Argentina has been the worst for decades, and issues like social unrest and criminal activity raised concerns, but how bad is the problem really? To tell the truth, criminal activity is mostly found on the outskirts of the city. If you take precautions, move within places you know, and watch your stuff, or hire security, you can live a normal life like anywhere else. When it comes to inflation in Argentina, it is quite a problem, yet the inflation curve has been considerably flattened in the past two years. Nevertheless, now is the ideal time to purchase distressed assets since real estate prices decreased due to high demand and low purchasing power. In the long run, it wouldn't hurt to own an apartment in Buenos Aires. If you want to take a few days to visit the Colón Theatre or La Boca, you have a place to crash, and you can rent it the rest of the time. When we discuss citizenship by investment programs, we go to the most solid players, for example, Saint Kitts and Nevis, whose program has been standing for 40 years. Moreover, it is more committed than ever to innovation and transparency. Saint Kitts and Nevis is not alone in this. Four other neighboring countries in the Eastern Caribbean offer similar programs. In the opposite corner of the world, we find Vanuatu, an island in the Pacific offering an outstanding alternative of applying to citizenship through donation, while the above-mentioned programs have both the donation and real estate paths. In Panama, there's no citizenship by investment, but there are valuable residency programs. If you have a lifetime pension and you can prove it, you can access a retiree visa, which gives you full residency rights except for a work permit. For investors, the Qualified Investors Visa grants residency eligibility through a $300,000 investment in real estate. If you're willing to invest more, you can choose the stock market or make a fixed deposit.