Argentina

Argentina or Argentine Republic is a country located in the southern half of South America. Argentina is the 7th largest country in the world, covering an area of 2,780,400 km2. There are also sovereignty claims over the South Georgia Islands, South Sandwich Islands, and Falkland Islands. Argentina shares borders with Bolivia, Paraguay, the South Atlantic Ocean to the east and Drake Passage to the south.

Immigration to Argentina

Argentina or Argentine Republic is a country located in the southern half of South America. Argentina is the 7th largest country in the world, covering an area of 2,780,400 km2. There are also sovereignty claims over the South Georgia Islands, South Sandwich Islands, and Falkland Islands. Argentina shares borders with Bolivia, Paraguay, the South Atlantic Ocean to the east and Drake Passage to the south. The name Argentina comes from the Latin word argentum which means for “silver”, it is said that some early Spanish explorers were hoping to find silver in the area. The official and mainly spoken language is Spanish, but English is popular too. One of the most developed and wealthiest countries in South America, Argentina is a member of the G-20-worldwide organization and international forum of major economies.

immigration-process

immigration

The country has approximately 43,847,430 million inhabitants (according to 2016 data), major races are European (97%, mostly Spanish and Italian), mestizo, Ameridian and other (3%).Argentina is one of the world’s highly urbanized countries with 92% of its population living in cities. It is worth noting that the Greater Buenos Aires metropolitan area contains more than a third of the country’s population. Here is a list of Argentina’s largest cities and towns:

  • Buenos Aires- 13,834,000
  • Cordoba-1,519,000
  • Rosario- 1,429,000
  • Mendoza-1,082,000

The Constitution of Argentina guarantees freedom of religion baut on the other hand it gives Roman Catholicism a preferential position. About 76.5% of the total population in the country are Catholic(Argentina is home country for the 266th Pope of the Catholic Church), 11.3% Atheists and Agnostics, 9% Evangelical Protestants, 1.2% Jehovah’s Witness, and 0.9% Mormons. Only 1.2% of the population follow other religious beliefs such as Buddhism, Judaism, and Islam.

Why move to Argentina

  • It’s a beautiful country, with plenty of interesting sceneries to visit and explore. There are the Andes mountains, lakes, Amazonian jungles and waterfalls, northwest heights. World famous attractions include the Iguazú waterfalls and Perito Moreno glacier.
  • Life in Argentina is comparable to the one in Europe, but at a much lower cost. Compared to other South American countries it is more expensive, it is still more attractive for foreigners.
  • The Argentinean people are known as warm and friendly, especially towards visitors. Foreigners sometimes can be invited for “asado” -back yard barbeque by an Argentinean
  • For wine lovers Argentina has an abundance of vineyards traversing its countryside.
  • Argentina has many great shopping locations in its major cities
  • There are also several ski resorts along the parts of the Andean Mountain Range that run through Argentina, but that is not a common activity for Argentineans and generally for South Americans.
  • Citizens are entitled to free education at all levels, this includes even University studies, at any national institutions.
  • Access to the free healthcare system, even though sometimes there is shortage of equipment and specialists, so the procedure might take a lot of time
  • Meat lovers will find the local cuisine irreplaceable. World-class steakhouses abound, and other types of great food can be available for relatively low prices.

The taxation system of Argentina is regulated with separated laws because of the absence of Tax code. The tax policy is implemented by the Federal Administration of Public Revenue which is an independent service but subordinate to the Ministry of Economy, its power includes levying a tax on profits, property and added value.

The federal taxes applied in Argentina are:

  • Taxes on income, profit and capital gains
  • Value-added tax
  • Excise taxes
  • Taxes on property
  • Taxes on foreign trade;

Taxes in Argentina are levied on three levels:

  • federal level.
  • provincial level.
  • municipal level.

The main sources of state budget revenues in Argentina are:

  • Income tax, levied both on enterprises and individuals.
  • Value-added tax (VAT).
  • Internal taxes.

There are also taxes based on provincial level regulated and administrated by the provincial revenue agencies.

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Tourism & Business

Foreigners travelling to Argentina for tourism and business purposes are issued a 90 day visa upon arrival, and do not need to apply for a visa beforehand. so make sure to check with your country’s Argentine Embassy or Consulate before making the trip any other information can be obtained from Argentinean Ministry of Interior Affairs.

student-visa

Student Visa

You can only apply for this visa if you have enrolled in an educational institution in Argentina and that has been approved by Argentina’s immigration department. It is usually valid until the courses you’re taking have officially ended, and can’t be renewed.

Contracted Personnel Visa

Contracted Personnel Visa

This visa is for individuals planning to live in Argentina and work for an Argentinean company that is registered with the immigration ministry, and is authorized to employ foreign workers. Most of the time, you can apply for this visa either before or after you enter the country.

Financier Visa

Financier Visa

Anyone who can prove a guaranteed minimum monthly income of $8,500 ARS which equal to approximately $2,200 USD, and assure its deposit into an Argentinean bank account can apply for this type of visa. As long as the applicant can present documentation that proves the income will be continuous while they are living in Argentina, they may apply for a Financier visa.

Pensioner Visa

Pensioner Visa

Applying for Pensioner visa, just as for the Financier visa, one needs to have a minimum income of applying for a Pensioner visa requires that you prove a minimum monthly income of $8,500 ARS (about $2,200 USD). The money has to be deposited in any Argentinean bank.

The documents that are most often asked for when applying are:

  • Passport with a validity of at least 6 months after the date of arrival
  • Completed application form
  • Four recent standard-size passport photos
  • Round trip ticket reservation
  • Hotel reservation or invitation letter from friend or family living Argentina
  • Payment check of application fee
  • Proof of funds if the applicant is able to support him/herself
  • Other documents you may be asked for include: birth certificate, original marriage certificate, original certificate of divorce(if there is any) , any documentation for a change of name, etc. All of these documents must be notarized and apostilled in the country of their issuance, then translated into Spanish and legalized by the Argentine court.

The documents that are most often asked for when applying are:

  • All European Union citizens
  • Andorra Armenia
  • Australia
  • Barbados
  • Belarus
  • Bolivia
  • Brazil
  • Canada
  • Chile
  • Colombia
  • Costa Rica
  • EcuadorI
  • China
  • Croatia
  • Cyprus
  • Czech Republic
  • Denmark
  • Dominican Republic
  • Dubai
  • Ecuador
  • El Salvador
  • Fiji
  • Georgia
  • Grenada
  • Guatemala
  • Guyana
  • Hong Kong
  • Honduras
  • Iceland
  • Israel
  • Jamaica
  • Japan
  • Kazakhstan
  • Liechtenstein
  • Macedonia
  • Malaysia
  • Mexico
  • Monaco
  • Mongolia
  • Montenegro
  • New Zealand
  • Nicaragua
  • Norway
  • Panama
  • Paraguay
  • Peru
  • Russia
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Vincent and the Grenadines
  • San Marino
  • Serbia
  • Singapore
  • South Africa
  • South Korea
  • Suriname
  • Switzerland
  • Thailand
  • Trinidad and Tobago
  • Turkey
  • Ukraine
  • United Arab Emirates
  • United States
  • Uruguay
  • Vatican City
  • Venezuela

The Holders of passports of the following countries must use a Travel Certificate issued by Argentina instead of a visa when travelling:

  • Kosovo
  • Nauru
  • Sahrawi Arab Democratic Republic
  • Taiwan
  • Tonga
  • Tuvalu

Should be also mentioned that for nationals of Bolivia, Brazil, Colombia, Chile, Ecuador, Paraguay, Peru, Uruguay and Venezuela the process for obtaining a temporary residence permit is much more easier, simple and uncomplicated. This can be done either through the Argentinean Consulate abroad or in Argentina. The permit lasts for two years, and is renewable.

Argentina has a fairly simple list of requirements for becoming a citizen compared to another countries. Occasionally, the court will require proof of your legal residency, your ability to use and understand the Spanish language, and evidence of a clean criminal record from your home country and from Argentina. When it comes to dual citizenship it is important to note that there have been cases where applicants were asked to renounce and discard their native citizenship. While the government of Argentina does accept dual citizenship, you should realize that you will be recognized only as a citizen of Argentina while within its borders.

In most cases, you have to fulfill most or all of the following conditions:

  • Spouse of an Argentine citizen
  • Parent of a child born in Argentina or a citizen of under-age child
  • Child of a Argentine citizen or
  • Spouse of a permanent resident
  • Parent of a permanent resident
  • Pensioner
  • Pensioner
  • Business Person
  • Owner of Foreign Company
  • Contracted Personnel from a company in Argentina
  • An Immigrant with Capital, with the will to invest

Documents for permanent residency application

  • Original birth certificate.  The certificate must be apostilled, and then translated and stamped by translators in Argentina.
  • FBI, or the equivalent national body, record check (for applicants 16 years of age or older).Also apostilled and submitted within 6 months from the time it was issued. It must be translated in the same way as the birth certificate.
  • A photo copy of every passport page, including blank pages. If the passport is the “old” type, you must get it translated in the same way as the certificates . The applicant gets to bring the actual passport when submitting documents.
  • A National Identity document (DNI) photo, because it is much smaller than the passport photos .
  • Argentina criminal record check, also for applicants older than 16. will need to go to the federal police and get fingerprinted, and then you will need to download some payment coupons from the immigration web site. Take these coupons to the Banco Nacional and pay the corresponding fee. Send your packet, including the coupons, to the address provided on your forms.
  • If you are filing under ‘family status’ because you are either married to an Argentine or have a child under the age of 18 who was born in Argentina, you will need the child’s/spouse’s national identity document (DNI) and copies of all pages.
  • If you have a child born in Argentina you will need to provide the child’s original birth certificate and a copy .If you are married to a citizen of Argentina you should bring the original marriage certificate and a copy.

Argentina has a fairly simple list of requirements for becoming a citizen compared to another countries. Occasionally, the court will require proof of your legal residency, your ability to use and understand the Spanish language, and evidence of a clean criminal record from your home country and from Argentina. When it comes to dual citizenship it is important to note that there have been cases where applicants were asked to renounce and discard their native citizenship. While the government of Argentina does accept dual citizenship, you should realize that you will be recognized only as a citizen of Argentina while within its borders.

In most cases, you have to fulfill most or all of the following conditions:

  • Be an adult (older than 18 years)
  • Documented and uninterrupted residence of at least 2 years in Argentina
  • Birth certificate legalized by the Argentinean consulate in the country of origin
  • Copies of your DNI and passport
  • Proof of sufficient funds, financial stability or an employment contract
  • If you have Argentinean children, a copy of the birth

When applying for a work visa the applicant is, simultaneously, applying for temporary residency. This is usually the easiest way to get residency in Argentina, but keep in mind that you have to already have to be working or at least have a job lined up before you can start the whole process. When you have the entry permit, you can make an appointment to apply for a working visa. In addition to your applications for entry visa and work permit, the following documents will be needed:

  • A valid passport
  • Three passport photos
  • The employment contract signed by your future employer or a certification of the company you are transferred to
  • Birth certificate, marriage certificate and divorce decree
  • Proof that the applicant does not have any police record
  • An official certified copy of your degree certificate, diploma or any other professional credentials and documentation

Finally, a meeting will be scheduled for a personal interview with consular staff and payment conditions for the application fees. Usually, the working visa is valid up to one year and can be renewed and extended via the National Immigration Office. In others, it is valid for as long as the entry authorization from the immigration office stipulates.

Argentina as any other country tries presents and guarantee business opportunities and advantages for investors in a range of different industries. These opportunities become more accessible, as the government opens up the economy to foreign participation. Below are just a few of the attractive investment sectors available in Argentina:

  • Exportation: Also an important sector of Argentine economy, Argentina is the largest exporter of some products such as soy bean and soy meal
  • Renewable Energy: The ideal climatic conditions of Argentina allow investors to produce renewable energy and government has created a wealth of opportunities for investments in this industry
  • Agriculture: The dominant industry of Argentina .
  • Oil and Gas: Argentina ranks third as a natural gas holder and fourth as oil owner country

As can be seen from the above, Argentina has a lot to offer investors in order to develop its economy. Once the right to residence is received investors have the legal right to do business and invest in Argentina, there is a range of untapped markets for the picking. Through a company formation and access to a visa, the true potential of Argentina can be tapped into. Especially if you invest more than 1.5 million Argentine Pesos which is almost equal to approx USD $41000 in any lawful activity linked trade or services or any other productive field, you can apply for residency and get it easier.  The project needs to be presented to a number of government bodies in Spanish language and can take a couple of months.  Applicants must provide an overview and preliminary version of the future investment project, trade or service activity to be developed in the country, as well as prove the origin and legality of the funds, which must enter the country through banks or financial institutions authorized by the Argentina Republic Central Bank. The National Ministry of Industry then evaluates and assesses the project and decides whether to approve or deny it. Upon approval, the National Direction of Migration will grant temporary residence which will be valid up to three years, setting a deadline for the realization of the investment.

Starting a business in Argentina

There are four types of businesses that exist in Argentina:

  Branches

  Partnerships

  Corporations

  Limited Liability Companies

In order to start up a business, you must firs apply and get a residency visa, a business plan in Spanish has to be presented, and also accomplish the following steps:

  • Verify and reserve the name of the company with the Office of Corporations. You must pay to submit your request, and then wait for it to be approved.
  • The founding partners of the business must pay a certain amount of money to have their signatures certified by a public notary.
  • A bank account must be opened in the name of the business at the national bank, and 25% of the subscribed capital (mandated by the government) has to be deposited into the account. You have to have proof of this deposit to continue on with the process.
  • A preliminary project of the future business must be presented
  • Next, a notice of the company’s formation in the official paper has to be published
  • Special books which are mandated by the government for being usedfor the business operations and projects if needed.
  • The national tax office provides a tax identification number (CUIT)
  • Register for social security.

Note: If there is going to be any incorporation, then there are several additional steps and requirements you will need to fulfill. Most people who plan to start a business tend to trust in a lawyer with experience for helping foreigners. This is extremely helpful and safe when facing changing laws, bureaucratic nightmares, and hidden costs or any other information not available.

Diplomatic and service category passports

The Argentine Ministry of Foreign Affairs also issues some specific rules and request when it comes. Diplomatic passports which usually are blue-covered are given to Argentinean diplomats acreditad overseas and those who are generally engaged in diplomatic activities. The same status is provided to foreign diplomats appointed to Argentina. An exception whichcan be specified i9s that holders of diplomatic or service category passports of Albania, Algeria, Angola, Azerbaijan, Belize, China, Cuba, Dominican Republic, Egypt, India, Indonesia, Morocco, Mozambique, Pakistan, Philippines, Tunisia and Vietnam do not require a visa, but holders of diplomatic or service category passports of Australia, Canada, Ireland and United States require a visa.

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To mention a few countries that we have our very strong foot print on:

Armenia, Albania, Argentina, Antigua and Barbuda, Australia, Azerbaijan, Austria, Bahamas, Bahrain, Belgium, Belarus, Belize, Bosnia and Herzegovina, Bolivia, Brazil, BVI, Bulgaria, Canada, Costa Rica, Chile, Cyprus, China, Croatia, Czech Republic, Dominica, Denmark, Dominican Republic, Dubai, Ecuador, Estonia, France, Finland, Fiji, Albania, Germany, Greece, Georgia, Grenada, Hungary, Hong Kong, Italy, Ireland, India, Iceland, Indonesia, Japan, Kazakhstan, Kyrgyzstan, Kuwait, Lithuania, Latvia, Liechtenstein, Luxembourg, Malaysia, Macedonia, Mauritius, Malta, Maldives, Marshall Islands, Mexico, Montenegro, Monaco, Moldova, Norway, New Zealand, Netherlands, Poland, Panama, Portugal, Philippines, Paraguay, Papua New Guinea, Puerto Rico, Qatar, Russia, Romania, Serbia, Saint Kitts and Nevis, Saudi Arabia, Singapore, Seychelles, Slovenia, Slovakia, South Africa, South Korea, Sri Lanka, Spain, Switzerland, Sweden, Thailand, Tajikistan, Taiwan, Turkey, United Kingdom, UK, Ukraine, United Arab Emirates, United States of America, USA, US, Uruguay, Vietnam, Vanuatu, Venezuela.

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