The temporary investor visa in Argentina was created for foreigners who have the intention of investing a minimum of ARS$1,500,000 or approximately USD$100,000 in an Argentinian good or service related activity or sector. The government is now looking to international investment as an effective method of boosting the Argentinian economy.
If you are considering moving to the country either for tax reasons or quality of life, a temporary investor visa in Argentina represents a good way of doing so. It allows you to stay in the country long term, meaning that you will be liable for taxes and that you can consider nationality in the longer term.
Biz Latin Hub can help you with a temporary investor visa in Argentina and support you in any endeavours you have within the country or elsewhere in the region via our network of 18 dedicated local offices throughout Latin America and the Caribbean. Not only with immigration, but also with company formation in Argentina or any other nearby country.
Why invest in Argentina?
Many smart investors, both local and international are forming companies and doing business in the country. See below some reasons that make Argentina stand out as an attractive place for investment:
- Large, skilled and educated labor force
- Huge supply of untapped metals and minerals
- Access to unexplored oil and gas basins
- Ideal conditions for renewable energy
- Strong economic growth
What’s the process for a temporary investor visa in Argentina?
In order to begin the application process, the investor must present their business plan which will include how they intend to invest their ARS$1,500,000. They must justify their funds through a bank institution authorized by the Central Bank of the Republic of Argentina (BCRA). Should any of the documents presented be in another language apart from Spanish, a translation of the documents will be required.
The business plan will be evaluated by the Migration office (DNM) who will in turn inform the consulate of its approval or denial. The investor must be sure to file the application in advance as the process can take several months. Once approval is given, the physical presence of the person applying for the temporary investors’ visa is required.
They will have to travel to Argentina to attend an appointment scheduled with the Argentinian consulate. It is mandatory to present all required documents along with the approved application. Documents to be provided include an original and photocopy of your passport, the correct visa forms filled out along with the approved consulate application, passport pictures and a police record.
All of these documents should be translated into Spanish. Should all the information be correct, submitted in the required way and submitted on time, the approval or rejection of the temporary investors’ visa will be given the same day.
FAQs when applying for a temporary investor visa in Argentina
Based on our experience these are the common questions and doubts of our clients.
The types of visas that exist in Argentina are: Tourism, Business, Student visas (stays longer and shorter than 365 days), Work, Nationality.
It is called a business visa.
The requirements are :
Valid passport valid for at least 6 months at the date of entry to the country, and at least one blank page (two pages) available.
Two (2) current photographs 4x4cm, front view, color, white background.
Completed visa application form (preferably in electronic form) and signed by the applicant.
Invitation letter from the inviting party in Argentina, duly registered in RENURE
Proof of commercial/labor activity in the country of origin (for example, proof of employment on company letterhead).
Round trip ticket reservation (it is advisable not to purchase tickets until the visa has been granted).
Hotel reservation or proof of accommodation in Argentina.
Consular interview.
It is processed at the Consular Representation of the foreigner’s country of residence.
A legally registered local legal entity that can prove it is financially and legally compliant and stable.
No, you do not. You will only be able to do it with the CDI (tax identification number).
It depends on the type of visa being applied for but Passport, criminal record and consular interview will always be requested.
Biz Latin Hub can help with a temporary investor visa in Argentina
Before starting the process, be sure to identify the characteristics of each visa described. Engage with a local immigration lawyer for additional support to obtain a temporary investor visa in Argentina to carry out business in the country.
Whether you need a professional visa or a business visa for Argentina, our team of Argentine lawyers are willing to provide you with all the necessary information so that you can make all kinds of Visa applications in Argentina.
Do not hesitate to contact Biz Latin Hub for personalized service. Learn more about our team and expert authors.
