Javier Miley’s government is preparing to launch a large-scale Citizenship by Investment program, which could radically change the balance of power in the international second passport market. According to official information, the minimum investment threshold will be $500,000, which will immediately place the Argentine passport in the second tier of the world ranking after Malta.
Technical side and terms of implementation
The specialized agency will be located in the structure of the Ministry of Economy. It will coordinate work with the Ministry of Foreign Affairs, the National Directorate of Migration and other agencies. The model copies the American Select USA system, which has attracted over $270 billion in investments and created 240,000 jobs since its launch.
The program will be finalized through the Decree of Necessity and Urgency (DNU) in the coming days. The document is currently being reviewed by the Legal and Technical Secretariat. Government circles recognize the possibility of legal challenges. Therefore, they prefer to “spend more time preparing than getting blocked immediately after publication.”
Advantages of an Argentine passport
Argentine citizenship ranks 15th in the Henley Passport Index 2025 ranking. The status provides visa-free access to 172 destinations. This is better than the Caribbean programs. Argentina can occupy a unique niche between premium Malta and the massive Turkish/Caribbean offerings.
The advantages of an Argentine passport include:
- The right to reside in MERCOSUR countries (Brazil, Paraguay, Uruguay, Bolivia, Chile, Peru, Colombia, Ecuador);
- Visa-free regime in Schengen;
- Absence of requirements for renouncing the first citizenship;
- Rapid naturalization. You only need 2 years of accommodation.
The program starts against the background of large-scale reforms of the Argentine School of Economics. Inflation dropped from 211% in 2023 to 2.7% per month by October 2024. The economy has begun to recover from a severe recession. Current forecasts for 2025 predict GDP growth of over 4%.
Investments are planned to be directed to the production sectors – agribusiness, energy, technology and tourism infrastructure. The program deliberately differs from the “transactional” Caribbean schemes. It will require real investments in the economy, not the purchase of real estate or charitable contributions.

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