‘Really wealthy Americans will be embarrassed' not to have an Argentine passport, program designer predicts
Key Points:
- Argentina plans to launch South America’s first citizenship-by-investment program in late 2026, offering wealthy individuals a pathway to citizenship through either a non-refundable contribution or an investment in a government security.
- The program requires a $350,000 contribution for single applicants or $500,000 for a family of four, or an $800,000 investment in a government bond, with stringent background checks conducted by multiple government agencies before approval.
- Nuri Katz, founder of Apex Capital Partners, predicts strong interest from wealthy Americans seeking jurisdictional diversification, citing a survey where 61% of high-income Americans considered leaving the U.S. due to cost of living, taxes, and political concerns.
- Katz highlights Argentina’s appeal as a G20 country offering both a safe haven and business opportunities, while warning of potential U.S. economic instability from rising national debt and inflation risks.
- The program aims to attract foreign capital to support Argentina’s economy amid debt challenges, with the government emphasizing secure vetting processes and financial transparency for applicants.