Citizenship by Investment Announced

[Twintower]

The announcement came today.

Argentina Week: Caputo announces citizenship by investment program - Buenos Aires Herald

Applicants must make a contribution of US$350,000 to the National Treasury or purchase US$800,000 in government securities

buenosairesherald.com

 

[Ries]

so far this year we have lost something like 72,000 govt full time jobs and 400,000 en blanco private industry jobs, which even at minimum wage means over $120 MILLION dollars a month in lost wages.
so, yeah, a few dozen rich tax dodgers paying 300 grand is going to fix everything!
typical libertarian magical thinking.
how about a nationwide industrial policy, including import export law modernisation, education, support for high value added export programs, and taxing the rich?

 

[Johnny]

More behavior that spells "Banana Republic".

 

[Ronnie Hotdogs]

Cheaper to have a kid here

 

[MilHojas]

Argentina launches cash-for-citizenship scheme

Investors seeking the fastest but most costly route to Argentine citizenship can choose between a non-refundable gift of $350,000, or buying a government bond for $800,000, if they think that will pay off in the end.

www.dw.com