How to buy dollars from Monday and what will happen to the expenses by card abroad

How to buy dollars from Monday and what will happen to the expenses by card abroad

After knowing the approval of the agreement with the IMF and from the national chain of President Javier Milei, the Central Bank of the Argentine Republic (BCRA) detailed how it will operate from Monday The dismantling of the exchange rate. From these changes, people can buy dollars in the Official market without restrictions.

“From this moment we eliminate the exchange rate of the Argentine economy forever,” announced the libertarian leader during the national chain on Friday night. The new scheme also brings changes in access to dollars for legal persons.

In addition, all access restrictions linked to government assists received during pandemia, subsidies, public employment, inter alia. The modifications were announced by the BCRA through communication to 8226.

BCRA.pdf exchange stock

The BCRA communication after the ads of Javier Milei.

For its part, it should also be noted that the Customs Collection and Control Agency (ARCA) will eliminate the tax perception in force for foreign currency purchases in the market. Despite the removal of numerous limitations, from the institution they clarified that The tax for tourism and credit card payments will remain abroad.

Chau Stop: that will happen with imports

As detailed by the Central Bank, from next week the imports of goods They can be paid through the free market for change (MLC) from the customs record. On the other hand, MSMEs can also pay their imports through the MLC from the moment of provision of the service.

Regarding imports of capital goods, they can also have access to them through the MLC but with 30% advance and 50% from the office of the port of origin. The remaining 20 % must be paid from the customs income record.

The imports of services between linked companies can also be paid through the MLC. This will be since they are fulfilled 90 days of the date of service provision.

Finally, the BCRA will eliminate For the only time the restriction of 90 days previous contained in the communication to 7340 (the “cross restriction”) and, thus, allow legal persons to re -operate in the MLC efficiently. The objective of this measure is accommodate imports of financial imports and debts which are currently operating through the financial exchange market (CCL).

Chau Copo: that will happen with access to dollars for legal persons

The new exchange scheme offers two scenarios for access to the currency by legal persons. First of all, In relation to flowsthey already had the authorization to access the MLC, without prior compliance, to cancel the compensatory interests accrued as of January 1, 2025, by financial debts with their linked companies approved by the BCRA Board of Directors on December 19, 2024. Now, now, Access to the MLC for dividend payments to shareholders will also be authorized non -residents corresponding to the profits obtained in the balance sheets whose exercises begin from January 1, 2025.

In addition, in relation to stocks, The BCRA works in the design of a new series of bonds for the reconstruction of a free Argentina (Bopreal). In detail, these titles may be acquired in pesos, To face outdoors related to debts or dividends prior to 2025in addition to commercial debts with a date prior to the December 12, 2023.

Source: Ambito

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