The measure was announced by the Central Bank, which increases the amount that can be collected in local accounts in dollars, without the obligation to go through the MULC.
The Government relaxed the exchange controls for freelance workers. According to the communication published on Tuesday evening, the amount exempted from the settlement of exports of services by resident individuals was increased.
The adequacy now allows you to collect up to US$24,000 per year calendar in their local accounts in dollars, without obligation to settle them in the MULC. The rule previously allowed only US$12,000. In effect, natural persons They will be able to earn up to $12,000 per year in their accounts in Argentina for services provided to non-residents.
In turn, the BCRA also removes restrictions on accessing operations MEP dollar and the CCL that individuals who had received some help from the State during the pandemic or who have a subsidy for consumption in public services had. However, it does not clarify another rule that affects freelancers, which is that they cannot acquire foreign currency through the financial system. 90 days before the crediting of funds in additionincome above this amount must be liquidated.
dollar pesos
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Argentine freelancers
According to data analyzed by Nebeus in the month of March, lArgentina stands out as the leader, occupying second place in total and per capita number of freelancers in Latin America, (behind Brazil). In addition, it has an outstanding rating: an average of 4.97 out of 5 points, surpassing its regional peers and competing globally.
Argentine freelancers, aware of their experience, demand higher rates and They are positioned as the most expensive with an average of US$25 per hourwhile the average rate in Latin America is US$17This is more than double that of some of its regional counterparts, but still half the price of self-employed workers in the US or UK. However, since the start of the year, a more stable exchange rate has hurt the value of paying in dollars.
Dollar: what are the new measures that relax the exchange rate restrictions?
1. Shorten the deadlines for companies that access the Free Exchange Market (MLC) to pay for imports.
2. Increase the amount that service exporters are not required to pay into the MULC.
3. Allow people who have received some assistance from the State during the pandemic or who benefit from subsidies for the consumption of public services to carry out foreign exchange transactions through securities in foreign currency.
The BCRA justified the measure in the scheduling of the payment of imports implemented from 2023 (through the creation of the bopreales) that “made possible the accumulation of international reserves in an accelerated manner, generating a stock of commercial debt. In response to the better than expected results in the development of the program, the BCRA is moving forward in the normalization of foreign trade, allowing the reduction of the debts incurred.”
Source: Ambito
