Argentina Residency - Moving to Argentina in 2024

Argentina Residence Permit - Moving to Argentina in 2024
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To obtain Argentina's Rentista visa, you need an income of about $1,200 a month. Argentina taxes its residents on their worldwide income, including if they don't live in the country throughout the entire year.
Argentina has double tax treaties with several countries in the Americas and Europe, which avoids double taxation.
Argentina's Rentista visa is one of the easiest second residence permits in the world and a gateway for those looking for a new life in Latin America.
0:00 Start
0:10 Argentina Basics
1:22 Argentina's Rentista Visa
2:04 Argentina Rentista Visa Requirements
5:31 Argentina Tax System
6:39 Processing Time
7:00 Double Taxation (change text)
8:20 Minimum Stay Requirements
9:39 Who is Argentina For?
11:24 Paraguay vs Argentina
Nomad Elite is a cutting-edge, high-tech relocation agency based in Texas, United States of America.
Nomad Elite helps middle class expats and nomad obtain second residency and dual citizenship in Latin America and Europe.
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[@cubsfan910]

It is my understanding that, although the USA does not have a treaty with Argentina regarding taxes, USA citizens can file a Form 1116 (Foreign Tax Credit) when filing taxes, which is a dollar-for-dollar tax deduction on US taxes for each dollar Argetina charges. It was specifically designed to prevent double-taxation. The USA also does NOT tax Argentinian income under $120,000 (Foreign Earned Income Exclusion). There are also partial tax write-offs for housing, rent, utilities, and insurance for US citizens living abroad (Foreign Housing Exclusion). I don't think the double-taxation with US citizens living in Argentina is as scary as you portray. Correct?? It should not prevent US citizens from moving to Argentina.

[@teacheralexisjoseph6995]

I saw your slogan , ''helping middle class nomad'' That is a unique vision you, guys have identified a great niche ,not everyone is rich it is no tlike the other channels that only Project themselfves for rich people who are looking a second option but for middle class income people persuing a secundary option just in case.

[@NomadElite]

Thank you! Middle-class expats are the heart of our company, and we couldn't thrive without them.

[@theTimHernandez]

Javier Milei is the only reason I am watching this. Thanks.

[@NomadElite]

Can you elaborate further? Thanks.

[@ImaDoGToo]

Exactly. Same.

[@elperro3056]

He great

[@dcfunhouse]

dang, really wanted to try BA and Argentina, but no double taxation treaty with USA atm is really a tough break.

[@kevinscottbjornson]

I will scratch Argentina off my list as I am a US citizen and wish to avoid double taxation. Thanks for the tip on Paraguay.

[@NomadElite]

You may not have to pay taxes to both governments, if you qualify for the foreign earned income exclusion; plus there are further options that you can utilize.

[@kevinscottbjornson]

@@NomadElite The AI said that since my passive income is US-sourced (VA pension, SSR and also oil companies operating in the US), this income would not qualify for the foreign earned income exclusion. The AI said that condos in Paraguay are ~$80,000, rents in city center are ~$400. Thanks for your insights. I had favored Argentina due to the political experiment of the new president, but can't afford double income tax. I have a TESL certificate and wonder if I could teach English in Paraguay.

[@jimmyhvy2277]

At 20% goods and services Tax , No Thanks !

[@dtftoronto1402]

How about opening a small business in Argentina for Canadian citizens

[@NomadElite]

What kind of business are you interested in?

[@KB3TLE]

No wonder very few - to none - US expats are in Argentina !!! --- $ is perhaps not the right place for a retired US expat on SS - looking for a very low cost retirement destination ?!? -- A financially friendly and a cheap easy visa requirement to allow for a - '''very cheap''' - overall retirement ? Like S E Asia / Philippines - Cambodia......??????

[@SenorJuan2023]

No double taxation treaty with the USA?

[@gnolan4281]

Does Argentina tax retirement income? I am a resident of Colombia where they do tax world-wide income but not Social Security retirement income if it is the ONLY source of income. I ask becaue the Rentista visa seems to be for all types of income.

[@WeDidntExpectthis]

If comparing the costs between Buenos Aires Argentina to Asuncion Paraguay - is one city clearly cheaper than the other one regarding cost of living (especially looking at rental costs and food)? Or are they both similarly priced? thanks!

[@NomadElite]

It completely depends on the neighborhood you're looking to live in. The cost of living is similar in Asuncion and Buenos Aires; there is not much of a difference.

[@patrickdumalasa606]

Asuncion is slightly cheaper maybe 20% cheaper than Buenos Aire.

[@user-ti2us6zx1t]

Salsa is cuban, my friend.

[@othmanalkhalil907]

Hello i am from libya and i want to move to argentina

[@daaniyaan8484]

is there any more details on what the proof of income can exactly be? if someone has money in crypto is there a way to convert that into one of those options? thank you.

[@NomadElite]

Roughly $1,200/month right now

[@joebloggs339]

You can theoretically apply for a passport after 2 years of "full-time resideny" (is that 6 months +1 day per year?)but the thing that swayed me away from it was that after 12 cumulative months of Arg res, you are req'd to pay wealth tax on your total assets IIRC. Do you know of any ways to get the passport without making Argentina your perm home and without triggering this wealth tax?

[@p.c.h.6721]

You can get an Argentinian passport, without living in Argentina, if one of your parents has an Argentinian passport.

[@NomadElite]

Argentina requires residents to live in the country most of the time.

[@Ramesh_CN]

@@NomadElite What is the timelines for residency & citizenship by marriage in Argentina? Is that immediate or is there any time frame for it.

[@RomilCPatel]

@@Ramesh_CN You can apply for citizenship immediately if your have a Argentine spouse

[@lowbloodprsure]

Can you make a video about moving to the country of TEXAS?

[@NomadElite]

haha good one

[@Greg-pd5bc]

Any offices to help with procedures?

[@NomadElite]

You're welcome to use Nomad Elite, one of South America's most sought-after relocation agencies. Please send us an email. Thank you.

[@cieloabatido]

The salsa 😂😂😂

[@NomadElite]

Tango!! 😂

[@eoh6708]

Worldwide income. I'm out!

[@WeDidntExpectthis]

Good video. You mentioned that for residency a person would need the equivalent of a minimum monthly wage of an Argentian - and that would not be increased even for a couple. Do you know approximately how much that is at the moment? And what was Argentina like during the pandemic? Were vaccines manditory or was it voluntary? thanks.

[@NomadElite]

To qualify for the Rentista visa, you're looking at roughly $1,200 in monthly income. The same holds true for couples. You may need more income if you show up with a large family.

[@cieloabatido]

With inflation, you will live well with $2000 monthly for a single person, everything is expensive now, even in dollars

[@borispetkau1246]

What's about hunting in Argentina and gun ownership

[@patrickdumalasa606]

Argentina is more restrictive with gun ownership. Paraguay have more freedom when it comes to gun ownership. You can have permit to carry if you pay taxes in Paraguay. But guns and ammo are quite expensive compared to USA.

[@harioommalpani2087]

How to get in touch with you ?

[@NomadElite]

Please email us and we will be in touch.

[@gloriabecker5515]

The New President of Argentina is a Libertarian and will ABOLISH most Taxes so please do not Discredit Argentina just Because You Want To SELL Paraguay!!

[@NomadElite]

We're backing both countries, and the video is based on the current tax laws. Whatever will happen in the future will happen.

[@baronarikov1223]

Look at the inflation 😂

[@prospereveryday2255]

​@@NomadEliteHi is the residency program also for africans like myself? I am a Ghanian and want to relocate to argentina through one of these programs: Investment of $20,000 into an existing business Rentista visa Birth tourism Kindly give me more informations about them and the price for the whole process Thanks.

[@20kevron]

Do they allow you to renounce as yet?

[@NomadElite]

Argentina citizenship cannot be renounced. Perhaps legislation will change, but that's the rule right now.

[@SenorJuan2023]

Now I'm thinking Serbia, Albania, or Thailand.

[@baronarikov1223]

No to the balkans

[@SenorJuan2023]

@@baronarikov1223 Why?

[@NomadElite]

Ready to move?

[@SenorJuan2023]

@@NomadElite Have to get online business going first. Hoping to move in the next year or so.

[@Mongoose-ct6us]

Why no to Balkans?​@@baronarikov1223

[@Mongoose-ct6us]

Salsa is not part of Argentina culture. Tamgo is.

[@xkennel6272]

no nos hagan lo que a mexico, gracias

[@adrianalibre4876]

Not only do you need a birth certificate but it must be apostilled

[@NomadElite]

True

[@gnolan4281]

@@NomadElite That contadicts the content of this tutorial doesn't it?

[@TheTeaisDelicious]

Argentina only equals maradona and the hand of God - Mexico World Cup 1986!!!!!!!!

[@victorv3890]

“When you hear Argentina you think about” the people who moved there in 1945 💀😂

[@NomadElite]

Lots of Germans went to Argentina during that time!

[@8d4o0c4]

There were already a lot of German and Swiss immigrants in Argentina well before WW2. Bariloche was already a beautiful, Swiss-looking, chocolate-making enclave before any bad guys showed up!

[@10percentforthebigdementedguy]

The good guys left.

[@elperro3056]

Is it expensive now or still cheap like 12 month ahonheqrd prcies go up

[@GoldSniper-ox7rk]

Its expensive, i moved here 3 weeks ago and im learning quickly.