Recent content by Cordoba

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    Experience with annuity for rentista?

    I think it would be a potential issue. Anything the broker is going to write might demonstrate current wealth and liquidity, but it does not necessarily demonstrate stable income. The issues might be that it is self-directed, revocable, dependent on sufficient account assets and potentially a...
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    Experience with annuity for rentista?

    I think it is better but have no proof. It creates a contractual, recurring payment from an identifiable financial institution from a single standard application. Simple for Migraciones to understand. If the funds would be sitting in a savings account or CD otherwise it seems like a no...
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    Rentista on royalty income — has anyone actually done this?

    I think you could accomplish it with a single payment immediate annuity. Most have a 5 year certain payout option as the shortest standard option but could probably work it out for as little as 1 year depending on the company. Might be the easier route since you can purchase without needing to...
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    Tax advice

    To receive earned income tax credit and to make the child tax credit refundable (able to offset self-employment tax, rather than just income tax which you may not have any) you have to be in the US for over half the year. The refundable credits are audited by the more than anything else. It...
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    Well, where do I start....

    If you can get a bank account here it shouldn't be an issue. It's usually just a situation of what is working the best at the moment rather than a what am I going to do now. In the past I kept more cash as a fallback but with crypto now it's almost a non issue.
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    Anti-Argentina conspiracy theories at World Cup

    It got really nasty in the USA from what we experienced. Many other Latin American's spewing hate. Then so many Black, Liberal, and Anti-Israel influencers jumped on the bandwagon to further themselves or their cause. It was a widespread hate campaign. I'm sure it will die down now but...
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    Argentina to seek looser foreign ownership rules for rural land

    It might be very state-specific, but I see the opposite. Farmers don't pay anything where I live in the USA. Ag Use property tax is about 1% of residential or commercial use. A million-dollar farmland pays the same property tax as a $10k residential lot. Farms are exempt from the state's...
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    Anything new with IRS stuff?

    I think the point was you could have wayyyyyy over the filing threshold trigger for 8938 in a foreign bank account but if you don't have a 1040 filing requirement to begin with you wouldn't need to file a return or form 8938. So you could have a million dollars in a foreign bank account but if...
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    Soon to be expat has questions

    I use Ooma Office. I have an actual phone with SpeakerPhone and a headset that plugs into my router. I can forward it to my mobile phone or use the Ooma app on my phone or PC to answer or make phone calls out, showing that number. It's around $25 a month, but it includes a virtual...
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    Soon to be expat has questions

    I have an AT&T premium plan that has unlimited talk, text, and data when I'm in Argentina. Having the hotspot, and ability to use non-wifi calling/text has helped during power/internet outages. My work isn't appointment sensitive, but I would probably consider Starlink and battery backups if...
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    Buying a House in Argentina

    In my town a family that sold their farm was in a fatal car crash on the way home. No one could find the money just the empty case but all the Bombero's bought businesses and become millionaires in the following years. This was like 20 years ago or more but on Día del Bombero Voluntario...
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    Any reasonable alternatives to relying on traditional health insurance?

    On the 8889 from there is a line for total distributions HSA and the next line is for qualified medical expenses paid using those distributions. The only time I saw the IRS ever question it was when someone either forgot to list their distributions from the 1099-SA or forgot to include the...
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    Travelers will now need to show proof of health insurance to enter Argentina

    With the 2-year continuous citizenship requirement and now having to make a statement about the purpose of your trip on each border run, it seems like a big risk with no reward. Building evidence against yourself for abuse of a tourist visa and allowing them an easy opportunity to enforce it.
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    Travelers will now need to show proof of health insurance to enter Argentina

    This was posted a year or so ago by Bajo_cero2 "Visa runs are illegal according to decreto 616/2010. It is called abuse of tourist visa and allow them to reject you at the border. It is better to overstay, then you become an inhabitant protected by the National Constitution." Would it still...
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    Travelers will now need to show proof of health insurance to enter Argentina

    It was explained to me that overstaying and paying the fine is a clear violation, but it’s at least honest. Immigration knows you stayed longer than permitted, and you acknowledge that by paying the penalty. That’s why, strangely enough, it may now be seen as more acceptable. Repeated exits and...
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