steveinbsas
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botanico said:I suspect for US expats in Argentina residence and/or citizenship could well lead to double taxation, as the Argentines base their taxation on residency for more than 6 months of the year. It has suddenly occured to me that this could be why so many american expats seem to be permatourists and don't want to become legal residents.
This subject has been covered many times. There is a big (almost 90K USD) foreign (earned) income exemption regardless of resident or (dual) citizenship status if ya US citizen lives and works outside the US for 335 days of the year.
Most foreigners (especially US citizens) who are permatouristsmay be deceiving themselves by leaving and reentering Argentina every 90 days to get a new tourist visa. I haven't heard of AFIP going after them for taxes on their foreign income or assets, even if they are in Argentina year round.