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✉news BusinessEconomy first seen 8 h ago, last 4 h ago, peak #25

Argentina offers $350,000 citizenship route to wealthy foreigners

Original: Argentina follows Africa’s second-largest economy’s playbook with $350,000 citizenship offer to wealthy foreigners as both countries face high debt levels

Argentina is offering citizenship to wealthy foreigners in exchange for a $350,000 investment, a move described as following the playbook of Africa's second-largest economy, which runs a similar scheme. Both countries are contending with high levels of public debt, and the programmes are seen as a way to attract foreign capital and bolster government finances.

Why now: Countries under debt pressure are increasingly selling residency or citizenship to wealthy foreigners to raise revenue, drawing attention to this tactic.

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