There is a great deal of news about the Argentine Citizenship by Investment Program. We understand that applicants may become citizens of Argentina in exchange for an investment of $500,000. 

This is not a legal translation of the new decree from the Argentinian legislators. If you are interested in becoming a citizen of a MERCOSUR Member South American country, take a look at the decree from the official Bulletin: 

EXECUTIVE BRANCH
Decree 524/2025 
City of Buenos Aires, July 30, 2025 

Citizenship Law No. 346 and its amendments, and Decree No. 366 of May 28, 2025, and

WHEREAS: 
Decree No. 366/25 amended Citizenship Law No. 346, establishing that foreigners who, regardless of their length of residence, can prove they have made a significant investment in the country, are naturalised citizens. 

Article 38 of the decree mentioned above incorporated Article 2 bis into the law mentioned above, establishing that the Ministry of Economy will determine which investments are relevant for requesting citizenship under the assumption described in the previous paragraph. 

Furthermore, through Article 40 of the decree above, which incorporated Article 6 bis into the law, the Agency for Citizenship by Investment Programs was established as a decentralised agency operating within the Ministry of Economy, with authority to intervene before granting citizenship by investment. 

That Decree No. 366/25 established the powers of the Agency mentioned above, which include receiving applications for citizenship by investment and submitting a reasoned report recommending the approval or rejection of each application to the NATIONAL DIRECTORATE OF MIGRATION, a decentralised agency operating within the scope of the DEPUTY CHIEF OF THE CABINET OF THE INTERIOR of the CHIEF OF THE CABINET OF MINISTERS. 

To implement the provisions described above, it is necessary to establish a procedure for applications for citizenship by investment. This procedure verifies applicants' compliance with the requirements, allowing the competent authority to approve or reject the application after evaluation. 

While the Agency for Citizenship by Investment Programs is responsible for receiving the applications mentioned above and submitting the corresponding report, the procedure for processing the requests must ensure the involvement of all relevant national agencies with jurisdiction in the matters involved, so that the interests of the National State are not compromised. 

Furthermore, this measure aims to ensure the joint work of the Agency and the National Directorate of Migration, which will lead to improved management of the citizenships mentioned above.

It is also appropriate to instruct the CUSTOMS COLLECTION AND CONTROL AGENCY (ARCA), an autonomous entity within the Ministry of Economy, to make the necessary regulatory and systemic adjustments to facilitate the processing of the UNIQUE TAX IDENTIFICATION CODE (CUIT) for those who have been granted citizenship by investment. 

That, in light of the foregoing, this measure will ensure greater efficiency in the procedure and will promote investment and job creation. 

Just to let you know, the relevant legal service has taken the appropriate action. 

That this decree is issued in exercise of the powers conferred by Article 99, paragraphs 1 and 2 of the National Constitution. 

Therefore, 

THE PRESIDENT OF THE ARGENTINE NATION DECREES: 

ARTICLE 1.- Any foreign person who has made a significant investment, as established by the MINISTRY OF ECONOMY under the terms of Article 2 bis of Citizenship Law No. 346, may apply for Argentine citizenship, under the conditions provided for in Article 2, paragraph 2 of the aforementioned law, before the AGENCY FOR CITIZENSHIP PROGRAMS THROUGH INVESTMENT, a decentralised agency operating within the scope of said Ministry. 

ARTICLE 2.- Once the application is submitted, the Agency will evaluate whether the investment made by the citizenship applicant qualifies as "significant," in accordance with the provisions of the MINISTRY OF ECONOMY. 

ARTICLE 3.- If the CITIZENSHIP PROGRAM AGENCY BY INVESTMENT considers that the investment meets the regulatory requirements to be considered relevant, it will request the MINISTRY OF NATIONAL SECURITY, the FINANCIAL INFORMATION UNIT, a decentralised agency acting within the scope of the MINISTRY OF JUSTICE, the NATIONAL RECIDIVISM REGISTRY of the MINISTRY OF JUSTICE, the NATIONAL REGISTRY OF PERSONS (RENAPER), a decentralised agency acting within the scope of the VICE CHIEF OF THE CABINET OF THE INTERIOR of the CHIEF OF THE CABINET OF MINISTERS, the STATE INTELLIGENCE SECRETARIAT (SIDE) and any other public or private agency that it deems necessary, within the scope of their powers, to issue an opinion on whether granting citizenship to the applicant could represent a risk to the applicant.

We learned now about the processing authorities of the program. Very soon, Javier Gerardo Milei, the president of Argentina, will issue a new decree related to qualifying investments.

Please stay tuned, as we at Discus Holdings will give you the official information on the program. You can find the official details of the Argentina Citizenship by Investment Program in English here. 

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