Milei's citizenship by investment program will generate a flow of international investors who need property in Argentina. We analyze where they'll buy and what opportunities are opening up.
The Golden Visa Effect on Real Estate
When a country launches a citizenship by investment program, real estate benefits in two ways. First, investors who obtain citizenship often buy properties for personal use or investment. Second, the economic openness signal attracts additional capital.
Argentina just took that step. And with USD prices among the lowest in the region, the equation is compelling.
What Golden Visa Investors Look For
Someone who can put USD 350,000 into a passport is a global investor looking for diversification:
Cities That Will Receive the Most Capital
Buenos Aires: Natural entry point. A premium 2-bedroom in Palermo costs USD 150,000-280,000, unthinkable in comparable cities like Madrid or Lisbon.
Córdoba: Second-deepest market. 4.5% dollar rental yields, above Buenos Aires.
Mendoza: Wine and Andes appeal. European and American investors are already looking at vineyards and boutique lodges.
Bariloche: Up to 7% annual tourist yields. Lake-view properties at a fraction of Swiss or Canadian prices.
Price Comparison: Argentina vs. the World
An investor who spends USD 350K on citizenship can buy 2-3 additional properties with the same budget that would cover one apartment in Europe.
Tax Advantages
Law 27.802 means citizenship doesn't create automatic tax residency. Investors can hold an Argentine passport, own local property, collect rent (subject to 21% non-resident withholding), and not pay Argentine taxes on global income.
How to Buy Property as a Foreigner
1. Get a CDI (tax ID) at AFIP, free, with passport
2. Sign purchase contract with 20-30% deposit
3. Notary due diligence (30-45 days)
4. Title deed and registration. Total transaction cost: 3-5%
No foreign ownership restrictions in Argentina.
Browse Luxury Properties
Penthouses in Buenos Aires → /en/propiedades?ciudad=Buenos+Aires&price=200000-999999999
Vineyard estates in Mendoza → /en/propiedades?ciudad=Mendoza
Lakeside homes in Bariloche → /en/propiedades?ciudad=Bariloche
Compare all cities → /en/comparar
See also
Argentina Citizenship by Investment: Milei's Golden Visa Program Launched in 2026
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