Argentina Launches Golden Passport Scheme for Wealthy Foreigners

Summary

Argentina introduced a citizenship program targeting wealthy foreigners, offering residency or citizenship in exchange for financial contributions or investments. The initiative aims to secure much-needed foreign currency as the country struggles with debt. President Javier Milei, a libertarian leader, has prioritized attracting capital through this scheme. The program involves cash payments or investments in government bonds. Officials have not yet disclosed specific financial terms or eligibility criteria.

Latest: Argentina announced plans to offer citizenship to wealthy foreigners in exchange for cash contributions or investments in government bonds.

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