Argentina Country Profile

Passport Ranking
Passport Score
Visa-free Countries
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North and South America
Capital City
Buenos Aires

Largest City
Buenos Aires
Argentine peso

Spanish, Italian, etc.
47.3 million

Life Expectancy
78.3 years
GDP (nominal)
$630.7 billion

Cost of Living
English Proficiency
Dirt-cheap (1/7)
Very comfortable (1/5)
Average (4/7)
Average (3/5)
Moderate (3/5)

Taxation Type: Residence-based

New residents can avoid taxation of non-Argentinean income for 5 years by signing a work contract with a local company (among some other requirements).

Sovereign Research's take:

Argentina is part of the Mercosur, allowing its citizens to obtain residency in any other Mercosur country using a simplified procedure.
About 150 years ago, Argentina was one of the primary destinations for European emigration, alongside the US. 

Genetically speaking, Argentina ranks as the most “European” country in South America, followed by Uruguay, which is much smaller. More than 60% of Argentines trace their ancestry to Italy.

Historically, Argentina also boasted one of the richest economies in the world.

Today, those days are sadly gone, thanks to the populist socialist political forces that have dominated the country’s politics for decades.

Present-day Argentina is very corrupt, and it’s a terrible place to do business. 

Yet, Argentina remains surprisingly livable. Many Sovereign Research team members living in Chile loved visiting Argentina to enjoy steaks with a bottle of Malbec. (Argentina is a true paradise for carnivores and wine-lovers.)

Also, the continuous devaluation of the Argentine peso versus major world currencies makes this country amazingly cheap to live in, offering what is likely the best quality-of-life-to-price ratio in the Americas if you’re earning in dollars. 

This fact attracts scores of digital nomads to Argentine shores. It’s also a good place for families with kids, as long as you stay in the safer, expat-laden areas.

Buenos Aires is a vibrant and cosmopolitan city, with lots to see and do. It is also often called the Paris of South America, thanks to some of the beautiful (but now rather run-down) architecture.

On the downside, rising crime in Buenos Aires is a factor you cannot ignore.

Argentina, however, is not only about Buenos Aires. It’s a massive country, full of varying topography, and it’s incredibly beautiful. Wide-open spaces in the Patagonian Pampas and the scenic beauty of northern Argentinian wine country attract people from all over the world.

Argentina can be very interesting as a place to obtain second citizenship; you can become eligible for naturalization after just two years of residency there. That's the fastest such timeline in the world.

And during that time, you won’t even necessarily have to pay a fortune in taxes. A tax law provision allows new residents to avoid taxation on worldwide income for five years under certain circumstances.

We also argue that Argentina is an excellent place to have your baby, as your naturalization timeline in this case becomes even faster..

Service Providers available in Argentina in Sovereign Research's Rolodex:

  • Immigration (residency, citizenship)
  • Tax advice (attorneys and/or accountants)
  • Corporate services (company formation, etc.)
  • Real Estate (agents, lawyers)
Obtain access by signing up for Sovereign Confidential

Argentina inside Sovereign Research resources
(opens in a new window)

29-Nov-2211/29/22November 2022 SC Q&A Sovereign ConfidentialSMCQ&A
29-Aug-2208/29/22August 2022 SMC Q&A Sovereign ConfidentialSMCQ&A
15-Aug-2208/15/22“Food Secure” Countries in the World — One Might be Right for You Sovereign ConfidentialSMCMonthly Letter
27-Jun-2206/27/22A Roundup of Naturalization Rules & Timelines in the Americas Sovereign ConfidentialSMCBlack Paper
29-Apr-2204/29/22April 2022 SMC Q&A Sovereign ConfidentialSMCQ&A
28-Jan-2201/28/22January 2022 SMC Q&A Sovereign ConfidentialSMCQ&A
29-Dec-2112/29/21December 2021 SMC Q&A Sovereign ConfidentialSMCQ&A
15-Jun-2106/15/21Here Are 15 Factors to Consider Before Your International Move Sovereign ConfidentialSMCMonthly Letter
09-Feb-2102/09/21The Sovereign Man Starter Guide Sovereign ConfidentialSMCBlack Paper
04-Jan-1901/04/19Qualify for an Argentine passport just by having a baby there Sovereign ConfidentialSMCAlert
05-Dec-1812/05/18Argentina is on sale again: CHEAP living + a FAST passport Sovereign ConfidentialSMCAlert
05-Oct-1810/05/18Best startup programs around the world Sovereign ConfidentialSMCBlack Paper
06-Apr-1704/06/17Sovereign Man Country Rankings: The Right Country for YOU, with Simon's insights Sovereign ConfidentialSMCBlack Paper
26-Feb-1602/26/16Meet FATCA’s even nastier cousin: CRS Sovereign ConfidentialSMCAlert
07-Jul-1507/07/15Argentina: become a citizen after only two years of residency Sovereign ConfidentialSMCAlert
23-Apr-1404/23/14Africa: On the ground doing business in a true frontier market Sovereign ConfidentialSMCAlert

Articles featuring Argentina

Trends & News

Argentina Economy Minister: "Who believes in the rating agencies?"

August 1, 2014 Tallinn, Estonia What a disaster. For the second time in the last fifteen or so odd years, Argentina has defaulted on its debt. And as we reported a few weeks ago, there was no easy way out. Years ago, most of the creditors that Argentina had stiffed in 2001 agreed on a […]

Mad government

Argentina issues 100-year bond. What could possibly go wrong?

Apparently while I was in the air yesterday flying between Asia and Europe, the financial system proved once again that it believes in magic beans. The latest absurdity is that the government of Argentina sold $2.75 billion worth of bonds yesterday afternoon. It’s not strange or unusual for a government to sell bonds; it happens […]

Argentina Price Controls
Trends & News

Argentina: You won’t believe what law the government just passed

October 14, 2014 Buenos Aires, Argentina In the pantheon of utter political stupidity in our time, the competition is pretty fierce to see who ranks #1. But I have to imagine that, even with so many rivals, Argentina’s Cristina Fernandez de Kirchner makes a pretty compelling argument to be the champion. And though the productive […]

Trends & News

While Argentina celebrates, government quietly slides towards default. Again.

July 10, 2014 En route to Batumi, Georgia The first recorded sovereign default was in the 4th century BC when ten Greek cities failed to honor loans from the temple of Delos. Most of the borrowers could not pay back what they owed and the temple took an 80% loss on its principal. (Clearly they […]

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