CUIT/CUIL for foreigners, title deeds in dollars, capital repatriation. The complete guide for non-residents looking to invest in the Argentine market.
Can Foreigners Buy Property in Argentina?
Yes. Argentina allows any foreigner — resident or non-resident — to purchase real estate. There are no nationality restrictions or minimum investment amounts.
Steps to Buy as a Foreigner
1. Obtain a CUIT/CUIL
Every property buyer in Argentina must have a CUIT (tax ID) or CUIL (social security number). As a foreigner, you can obtain one at AFIP (Argentina's Federal Tax Authority) using your passport.
2. Open a Bank Account (optional but recommended)
While not mandatory, it simplifies transactions. Argentine banks accept foreigners with a passport and CUIL.
3. Find the Property and Sign the Reservation
4. Payment in Dollars
The Argentine market operates primarily in USD cash (physical dollars). Transactions are carried out:
5. Public Title Deed
The deed is executed by a public notary (escribano), typically chosen by the buyer. Fees are approximately 2% of the property value.
Total Buyer Costs
Total buyer costs: approximately 4-5% of the purchase price.
Repatriating Funds
When selling, the foreigner can repatriate funds along with any gains. Argentine foreign exchange regulations change over time, so up-to-date legal advice is recommended at the moment of the transaction.
Is Investing in Argentina Safe?
Argentina's sovereign risk is real, but the real estate market operates in physical US dollars backed by tangible square meters. Properties have historically maintained their USD value, even during the 2001-2002 and 2018-2019 economic crises.
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