Argentina Plans Citizenship-by-Investment Program to Reduce Debt

Argentina is developing a citizenship-by-investment program that would grant passports to foreign investors in return for capital contributions. The initiative is designed to raise funds that officials say will be used to pay down government debt. The country would become one of the largest economies to adopt such a scheme.

Officials have not released details on investment thresholds, application procedures, or expected revenue.

Background on the Proposal The plan is being advanced under the current administration. No timeline for legislative approval or program launch has been announced. The government has not identified specific sectors or projects that would receive the incoming funds.