INVESTMENT

Special scheme — Decree 524/2025

Argentine citizenship by investment is governed by Decree 524/2025, which set out the legal framework for the scheme in July 2025, creating an exceptional route for foreign nationals who make a significant investment in the country, in accordance with the criteria established by the Ministry of Economy. This is a special, separate programme with its own conditions.

Competent authority

Decree 524/2025 created the Agency for Citizenship by Investment Programmes, a decentralised body within the Ministry of Economy, responsible for:

  • Receiving applications for citizenship by investment.

  • Assessing compliance with the economic and legal requirements.

  • Coordinating the involvement of the various state bodies concerned.

The bodies involved in the procedure include, among others:

  • National Directorate of Migration (DNM)

  • State Intelligence Secretariat (SIDE)

  • Ministry of Security

  • Financial Information Unit (UIF)

  • National Register of Recidivism

  • National Registry of Persons (RENAPER)

The programme and where it stands

After the scheme was regulated, the national government launched an international public tender for a specialist private company to design and run the citizenship by investment programme under state supervision, along lines comparable to the EB-5 programme in the United States. In April 2026, however, the Ministry of Economy set that tender aside, so there is currently no successful bidder and no defined implementation mechanism.

As things stand:

  • The selection of the operating company has been set aside and must start again.

  • Central aspects remain undefined, such as:

    • minimum investment amounts,

    • operating rules,

    • the cost of the programme,

    • the time limits and conditions for granting citizenship.

Although the Agency has been created and has a budget allocation, the programme has not formally started operating and is at a preliminary stage of implementation.

Key points

  • Citizenship by investment is neither automatic nor discretionary.

  • It requires evidence of a significant investment, the scope of which will be set by the competent authority.

  • The lawful origin of the funds must be established, and financial, immigration and security checks must be passed.

  • Until the programme is fully operational it is not possible to file formal applications, although preliminary eligibility assessments can be carried out.

Legal advice beforehand

Given the complexity of the rules, the amounts involved and the early stage of the programme, Argentine citizenship by investment calls for legal and strategic analysis beforehand, aimed at:

  • assessing whether the investor’s profile is viable,

  • anticipating regulatory requirements,

  • structuring the investment properly,

  • and avoiding later delays or refusals.

Our firm provides comprehensive, preventive legal advice, working alongside the investor from the analysis stage through to filing the application once the scheme is fully operational.