Milei Government to Launch $350k Golden Passport Scheme to Offset Debt
Argentina is set to introduce a citizenship-by-investment program by the end of 2026, allowing foreign buyers to obtain passports through a $350,000 donation or an $800,000 government bond purchase. The initiative aims to generate approximately $2.5 billion over five years to help service $29 billion in dollar-denominated debt due between now and 2027. While the government emphasizes rigorous security vetting, the move faces potential political backlash ahead of next year's presidential elections.
