Should You Move to Argentina in 2025? I Answer All Your Questions
Argentina: Banking, Residency, and Cost of Living Under Milei
Evaluate Argentina’s evolving economic landscape to determine if its banking system, residency permits, and cost of living align with your international diversification goals.
Short Summary
- Argentina's banking sector remains historically unreliable, discouraging holding significant local currency balances.
- Residency requires a physical presence, with the Rentista Visa needing proof of $2,000+ monthly passive income.
- The cost of living, especially in premium areas of Buenos Aires, has increased significantly since economic reforms began. This briefing details the current status of banking access, specific visa pathways, and recent cost shifts in Argentina following President Milei’s changes, based on in-person research in Buenos Aires.
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Top Comments (10)
Live Like a King in Buenos Aires is live! Watch the full episode here: https://youtu.be/6DfKLar4zCw?si=doMp9Vn4D6V4kPWP
As an Argentinian middle class, I can tell you guys we are in a cultural-economical shift... We are not there yet. BUT when the time comes, you will regret not buying a house/flat here (which are actually cheaper than other countries) That's my honest opinion.
*The best thing about Argentina can not be put into words. You either get it or you don't.*
I left USA for Argentina, I Love it here!!!
Milei's government recently pushed through a change to ARCA (formerly AFIP), Argentina's version of the IRS. You don't have to declare the first $68 million pesos (about $50k USD). That is pretty remarkable. And $50k per year is a decent salary here.
Foreigner living in Bs As here. You overpaid for the tango show / drinks. Better places at half the price, dinner included. Taxes are quite high currently (income, capital gains, annual asset tax), but may reduce in future if Milei is successful.
I'm from Argentina, and I extend a cordial welcome to all of you who are thinking about visiting my country. You are more than welcome to visit my province, which is literally in the middle of Argentina—it's called Córdoba. Let me know if any of you would like to come, and I'll be happy to show you around, take you to my favorite places, and introduce you to the best food you can find here. And I’ll do all of this for free— in exchange, I get to practice my English and listen to your cool stories. I suggest visiting in October or November if you plan to stay for a short period to see if you like it here, as the weather is neither too hot nor too cold. It’s just the right temperature for traveling around. I’ll be waiting for your message, and we can get in touch to meet in person. Kind regards, Axel
I've been to Argentina 4 times in a row. Each time has been worse nothing seems to get better despite my optimism. Prices are insane. Nothing is certain and things and scenarios can be changed all of a sudden. Frustation sometimes pops up even if you try to fight it back. Buenos Aires has become old and not updated in many things. It is hard to find things such as pieces and gadgets to repair things such as cameras mobile phones just to mention some. And to be honest the panorama seems to be worse as time passes by.
I’m torn between Mexico and Argentina. They both have what I’m looking for the most. Mexico is the easy option being so close to the US, but Argentina is just like a siren song to me.
Argentina is more than Buenos Aires city! Get out of the box and explore inner provinces as San Juan and Mendoza. Cost of living are lower and safety higher! You can absolutely live with 2500 dolars per month
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Top Comments (10)
Live Like a King in Buenos Aires is live! Watch the full episode here: https://youtu.be/6DfKLar4zCw?si=doMp9Vn4D6V4kPWP
As an Argentinian middle class, I can tell you guys we are in a cultural-economical shift... We are not there yet. BUT when the time comes, you will regret not buying a house/flat here (which are actually cheaper than other countries) That's my honest opinion.
*The best thing about Argentina can not be put into words. You either get it or you don't.*
I left USA for Argentina, I Love it here!!!
Milei's government recently pushed through a change to ARCA (formerly AFIP), Argentina's version of the IRS. You don't have to declare the first $68 million pesos (about $50k USD). That is pretty remarkable. And $50k per year is a decent salary here.
Foreigner living in Bs As here. You overpaid for the tango show / drinks. Better places at half the price, dinner included. Taxes are quite high currently (income, capital gains, annual asset tax), but may reduce in future if Milei is successful.
I'm from Argentina, and I extend a cordial welcome to all of you who are thinking about visiting my country. You are more than welcome to visit my province, which is literally in the middle of Argentina—it's called Córdoba. Let me know if any of you would like to come, and I'll be happy to show you around, take you to my favorite places, and introduce you to the best food you can find here. And I’ll do all of this for free— in exchange, I get to practice my English and listen to your cool stories. I suggest visiting in October or November if you plan to stay for a short period to see if you like it here, as the weather is neither too hot nor too cold. It’s just the right temperature for traveling around. I’ll be waiting for your message, and we can get in touch to meet in person. Kind regards, Axel
I've been to Argentina 4 times in a row. Each time has been worse nothing seems to get better despite my optimism. Prices are insane. Nothing is certain and things and scenarios can be changed all of a sudden. Frustation sometimes pops up even if you try to fight it back. Buenos Aires has become old and not updated in many things. It is hard to find things such as pieces and gadgets to repair things such as cameras mobile phones just to mention some. And to be honest the panorama seems to be worse as time passes by.
I’m torn between Mexico and Argentina. They both have what I’m looking for the most. Mexico is the easy option being so close to the US, but Argentina is just like a siren song to me.
Argentina is more than Buenos Aires city! Get out of the box and explore inner provinces as San Juan and Mendoza. Cost of living are lower and safety higher! You can absolutely live with 2500 dolars per month