Dollar savings quota: the US$200 per month are renewed. Who can buy?

With the arrival of October the opportunity to access the savings dollar is renewed paying the official price plus taxes, as well as the long “black list” of who can access the official exchange market.

Those who meet the requirements will have the possibility of accessing the so-called “solidarity dollar” as always. And, from now on, it must be clarified that The quota did not change in October and will continue to be US$200 per person and can be purchased through home banking.

However, what was changedas has been happening month after month within the framework of the exchange rate and the difficulty of accumulating reserves that the Central Bank (BCRA) has been having, It is the list of those prevented from accessing dollars crispy across the bank.

Dollar savings: criteria for limitations and price

It is worth remembering that the main criterion that regulates the requirements to access the savings dollar is that Those people who have received or are still receiving any form of support or assistance from the State are disqualified from acquiring foreign currency.. That is, it is based on the premise that those who require state aid do not have the surplus resources necessary to invest in the purchase of dollars.

For this reason, many savers who benefited from the new relief measures launched by Sergio Massa will not be able to buy dollars in October in the official market. Thus, the most recent limitation imposed for the acquisition of dollars in savings mode establishes that the employees who Those who request credits through ANSES will not be authorized to buy dollar savings.

On the other hand, it is worth remembering that, through General Resolution 5393/2023, the AFIP increased, several months ago, to 45% (from the previous 35%) the percentage of advance payment of the Income Tax that it charges for the purchase. of dollar savings. Thus, the price was equated with that of the card or tourist dollar, with which this exchange rate was no longer the cheapest and began to share the place with the one applied to foreign expenses less than $300, today frozen at $641.62.

Consequently, Since August 14, the savings dollar has maintained its price around $642, given that its price is set based on the retailer’s value and 30% corresponding to the PAIS tax and another 45% on account of Profits are added. and Personal Property. So, by having an official dollar frozen until October, the calculation does not change much either.

Savings dollar: how is the quota after the relief measures

In short, as stated, the most recent limitation imposed for the acquisition of dollar savings establishes that employees who Those who request credits through ANSES will not be authorized to buy dollar savings.

The purpose of these restrictions is to reduce the demand for dollars to the minimum possible. In this way, if the individual seeking to save manages to gather the required income, he must also comply with an extensive list of preconditions to access the official exchange market.

Let us remember that, in September, The list of those who cannot buy had already swelled with the income of dependent workers. who charged the bonus of $60,000 ($30,000 in September and $30,000 in October).

Who can’t buy dollar savings?

• Beneficiaries of ANSES credits who have not paid the debt.
• Beneficiaries of energy and water subsidies.
• Beneficiaries of social plans or ANSES programs such as the Universal Child Allowance.
• People without declared or consistent income, so it includes both people who do not have a job or work informally/under the table.
• Joint holders of bank accounts.
• Those who refinanced any credit card balance in the last 12 months.
• Monotributistas who requested loans at 0 rate.
• People who accessed the “MEP” exchange rate.
• UVA credit holders who benefited from the rate freeze during the pandemic.
• Owners of small and medium-sized businesses who have accessed loans at preferential rates.
• People who benefited from “income reinforcement”
• People who have operated Argentine Deposit Certificates, better known as Cedears, cryptocurrencies or negotiable obligations in the last 90 days. If you access the savings dollar, access to said assets is prevented for 90 days after the last purchase of the savings dollar.
• People included in the pension moratorium.
• People who collect the $60,000 bonus in the months of September and October.
• Workers who have requested Anses credits.

With these measures, the Government seeks to continue controlling access to the official market on the part of savers, which is on the rise.

Dollar savings: how do I know if I am authorized to buy?

The status of that account can be verified through the ANSES Negative Certificationproof that is valid for 30 days and can be consulted at the following link: https://www.anses.gob.ar/consulta/certificacion-negativa