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I am not talking about the world, I am talking about Latin America.... What is best for Latin America might not be the best for US dollar based expats. But since I will be a US dollar based expat myself, I feel my proposal would be better than the status quo, and probably more politically...

Why are Milei and Argentina obsessed by the US dollar? Over the last year the Mexican Peso and the Brazilian Real have outperformed the US dollar. And inflation in Brazil has stabilized over the last couple of years at a few percent annually. Brazil has the largest GDP in Latin America...

Well so far it looks like Milei supports the income tax cut (exemption increase)..... he commented on the decree as follows: From: https://www.batimes.com.ar/news/argentina/income-tax-bill-clears-lower-house-with-support-from-milei-left.phtml Translated quote from above web link: "In turn...

In am more interested in the fate of Argentina's income tax system .....Before the general elections in Argentina for the presidency and Congress in October 2023, Economy Minister Sergio Massa announced a government decree to temporarily increase the minimum income threshold for personal income...

Really?.... I thought that once you became a permanent resident, then there is no longer a requirement to bring money into the country, right?

Many thanks, very interesting. Sounds like a crap shoot right now, it makes planning difficult. But it sounds like Migracionies are allowing use of dollar accounts and WU, so that avoids the problem of the official exchange rate.

Thanks, this is very interesting. Has migracionies asked you for evidence that you deposited into that US dollar account? And were they satisfied with the evidence you provided? How long have you had this visa, and have you renewed it recently? It would be especially interesting to hear...

Thank you Kai, that is great information!

Thanks for the summary. But I actually did not mean details of citizenship (I already have been following those discussion). I meant I am interested in the details of the new Pensionado visa currency conversion requirements. You say that the citizenship is expensive, yes I am aware of that...

Sorry, I am not trying to sidetrack the thread. Soon I will qualify for the Pensionista visa, but not sure that it is the best option for me now that I am hearing about the need to convert at the official rate for 2+ years..... immediate citizenship application is sounding more...

Also I heard it it possible to apply for Argentine citizenship immediately upon arrival, without getting a Pensionista visa, is that correct? That sounds like a cheaper option than being a Pensionista and changing dollars at the official rate for at least two years.

So CCL appears to be a new exchange rate based on trading US dollar denominated bonds to get around the US$200 per month purchase limit.

Yes these are important questions, can somebody please answer them?

Advice I have received is that the income requirement applies to both types of visa, there is not much doubt about that.

The Argentine stock market is Merval. It looks like in the last year it has risen 321.3%, which is about double the rate of inflation. Might this be a decent place to put surplus pesos ? The new requirements for Pensionado and Rentista visas require remitting to Argentina bank accounts...

https://www.shorenewsnetwork.com/2023/09/27/buenos-aires-central-square/

For USA, 10 years is the minimum numbers of years to get the minimum social security benefit. Less than 10 years and you get nothing. To get the maximum benefit you must work at least 35 years, and if you work more than 35 years then they look at the highest 35 years earnings (inflation...

Yes, as for financial advice..... if you are on the payroll of a USA company, ask them to withhold social security taxes from your paycheck, if they are not doing that already. To maximize your USA social security you need to work on USA payrolls (and pay the social security payroll taxes)...

Wherever the birth takes place, you will need to register the births with the nearest consulates of USA and Argentina, that is a formality, but necessary to preserve rights and avoid future problems.

Sure. Like I said, I would give birth in Canada. Here is a list of countries who grant citizenship by birth: Canada Capital: Ottawa Dominica Capital: Roseau Grenada Capital: Saint George's United States Capital: Washington, D.C. Saint Kitts and Nevis Capital: Basseterre...