Argentina Permanent Residency

Seeking Argentina permanent residency opens the door to a vibrant and diverse life in South America, offering a unique blend of cultural richness and natural beauty. Discover the allure of making Argentina your long-term home.

Acquiring permanent residency in Argentina is contingent on the duration of legal residence. For instance, individuals with a temporary residence permit can transition to permanent residency after three years. However, citizens from MERCOSUR (The Southern Common Market) nations enjoy an accelerated process, qualifying for permanent residency after just two years of living in Argentina.

Brazilian citizens can live and work legally in Argentina under the Mercosur (and Associated Countries) immigration agreement. According to the details, Brazilians can enter Argentina without a visa for tourism purposes, and they can also request lawful permanent resident status in Argentina at any time.

Individuals residing in Argentina are subject to taxation on their worldwide income, with the option to receive a foreign tax credit for taxes paid on income earned from foreign sources. Permanent residents and non-residents, on the other hand, are only taxed on income derived from Argentine sources.

The progressive personal income tax (PIT) rates in Argentina range from 5% to 35%, with special rates applicable for gains from securities, interest, and real estate property. As of January 1, 2023, the PIT rates are structured based on income brackets, with varying percentages for different income levels.

Moreover, Argentina imposes a provincial gross income tax on self-employed individuals, calculated on gross earnings. The average tax rate is approximately 4%, with variations among provinces. Professionals operating without a formal company structure are exempt from this tax in the City of Buenos Aires. Monthly tax returns are required for payment.

For foreign beneficiaries working temporarily in Argentina, earning income through various professions, a specific income tax rate of 24.5% (35% on assumed profit of 70% of gross income) is applicable. This tax is withheld by the local payer, and different rates may apply depending on the nature of the income received.

For U.S. expatriates in Argentina, automatic handling of income taxes is likely if income is solely from an employer. However, those with foreign income or self-employment earnings may need to file tax returns by June 30.

Argentina's tax landscape includes various taxes such as personal assets tax, value-added tax (VAT), wealth tax, and others. Understanding these taxes, including rates and exemptions, is essential for financial planning. Argentina's tax forms, such as the Personal Income Tax return (PIT), are due on June 30 for the previous calendar year.

For U.S. citizens in Argentina, filing U.S. tax returns is also a crucial obligation. Forms like 1040, 1116, FinCEN Form 114, and Form 8938 may be necessary to report worldwide income, claim foreign tax credits, and disclose foreign financial assets. Key U.S. tax deductions for Americans in Argentina include the Foreign Earned Income Exclusion, Foreign Tax Credit, and Foreign Housing Exclusion.

If you are married to an Argentine citizen, you are entitled to apply for permanent residency in Argentina. The application process remains the same as for other cases, with the additional requirement of demonstrating the marriage certificate. Below is a list of documents that must be submitted for the application:

Required Documents:

1. Identity Documents (International Passport)
2. Birth Certificate, Apostilled and Translated
3. Argentine Criminal Record Certificate issued by the National Registry of Recidivism or the Federal Police (Only required for individuals over 16 years of age).
4. Certificate confirming the absence of previous convictions or pending criminal proceedings, issued by the competent authorities of countries where you have resided for more than one (1) year within the last three (3) years (Only required for individuals over 16 years of age).
5. Stamp of entry to the country stamped on the travel document.
6. Certificate of Address or a bill from a public service in your name (ABL, electricity, water, or gas).
7. Marriage certificate and the DNI Permanente or Passport of your Argentine spouse.

Important Note: If you are married to an Argentine citizen born in Argentina (not a naturalized citizen), you are also eligible for simplified citizenship. This means you don't have to wait two years to apply for citizenship, offering an expedited path to citizenship for spouses of Argentine citizens.