World

Argentina Unveils Citizenship by Investment Program

Is this program smart diversification for global investors or a passport for sale to the highest bidder?

Published 7 days ago

Argentina Unveils Citizenship by Investment Program

story

Above: An Argentine passport seen on a desk on Feb. 13, 2023. Image credit: Florencia Martin/picture alliance/Getty Images

The Spin

Pro-government narrative

A second passport is smart risk management, and Argentina just built the best one on the market. Spreading citizenship across continents makes as much sense as spreading a portfolio across markets, especially with the U.S. dollar sitting on a mountain of debt. Add Mercosur mobility and a G20 passport, and this beats any gold card gimmick.

Forbes

Government-critical narrative

Nationality should never come with a price tag and a checkout counter. Selling it off hands tech billionaires a shortcut to Patagonian land and data center sites while ordinary migrants who actually live and work in the country get buried in paperwork and denials. Money laundering watchdogs have flagged these schemes elsewhere for good reason.

Página 12