John.St
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True, but collecting taxes from rentistas and getting the income (foreign currency) from permatourists is even more profitable.steveinbsas said:With the new income requirement for the visa rentista and the need to be "in country" for 180 days in a 12 month period to renew, it looks like AFIP may have an new target for taxation...and may be able to collect some of the "losses" in tax revenue if the permatourists actually/eventually leave.
Also, Argentina and many countries have bilateral agreements against double taxation, often stating that taxes are collected in the country where the income is generated (e.g. my home country).
My position is, that if I am no longer welcome in Argentina, I feel confident that I can find another country, which is interested in my money - before moving here I have been living in Chile (and several other countries).
What is the difference in gaining 2.5 billion pesos from 50,000 permatourist or from 160,000 ordinary tourists, staying three weeks and spending 15,500 pesos each?
The 160,000 ain't here and they aren't coming either.