He Javier Milei government regulated the procedure that foreigners who invest in the country must follow to be able to access “citizenship for investment”. The process will be processed by the Citizenship programs for investment, Dependent of the Ministry of Economy, which will evaluate the application, will require security reports and issue a recommendation based on the National Migration Directorate.
According to current regulations, any foreign person, who proves to have carried out one “significant investment“In the country, the process can initiate. The measure was officialized through the Decree 524/2025, published in the Official Gazette of the date.
The Government regulated the process for foreigners to access “citizenship for investment”
The official measure complements Decree 366/2025, published in May of this year, which Modified Citizenship Law No. 346 to incorporate the legal figure of the “citizen for investment.” In detail, it establishes, in its article 2, that they may request their citizenship “foreigners who accredit before the National Migration Directorate, whatever the time of their residence, have made a relevant investment in the country “.
To begin the procedure, the interested party must submit his citizenship application that will be evaluated by the citizenship programs for investment. At this point, the agency must analyze whether the investment made by the applicant qualifies as “relevant”, as established by the Ministry of Economy, today led by Luis “Toto” Caputo.
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The measure complements Decree 366/2025 that created the figure of “citizen for investment.”
Official Gazette
To estimate that the investment meets the regulatory requirements, the aforementioned agency will request different agencies to be issued regarding whether the granting of citizens to the applicant could represent a risk to national security or for national interests. ” Among the entities that must issue a report are; he Ministry of Security; the Financial Information Unit; the National Recidivism Registry; The registration of persons and the State Intelligence Secretariat (SIDE).
After the consultations, the agency will raise the National Directorate of Migration Una “reported reporting through the recommendation or rejection of the application“From abroad.
Finally, it will be the migration area who It must define whether or not citizens grant. For that, they will have an response period of 30 business days.
The BCRA makes access to the exchange market for non -resident investors
Since the publication of the communication “A” 8257, the Central Bank (BCRA) no longer has the Cross restriction for non -residents operating in the exchange marketas well as ended, just over a month ago, to minimum term of six months of permanence in local assets.
The so -called cross restriction prevented, until a month ago, that Investors who had operated in the cash (CCL) access the change free market (MLC) during the next 90 days.
From the Government they explained that, in the current context, the regulations lost meaning. “Resident investors do not currently have stock in debt Sovereignwith which the norm makes sense, ”said official sources. They added that the restriction sought to“ take care that importers and companies, which they have Earrings and debt pendingdo not use the ‘Two lanes’ from the exchange square ”.
DOLLAR BCRA INTERVENTION RESERVES
The new measures have been in force since June 13 of this year.
The new regulations also enable financial entities to carry out “Non -resident fund repactionsprovided that they conform to the provisions of point 3 of communication to 8230 and complementary standards. This normative flexibility is integrated into the current regulatory framework, ”said the BCRA in the official statement.
The decision adds to other ads within the framework of the financial deregulation program. The BCRA had resolved end the minimum permanence period of six months for foreign investments in local financial assets.
With this change, non -resident investors are no longer obliged to keep the assets acquired in the portfolio for half a year Primary subscriptions or in the secondary market before accessing the MLC, which represents a new step in the opening process of the stocks.
Source: Ambito