Good information Rich One, thanks. I hadn't had time to search that out.
It doesn't surprise me that the government is trying to clamp down on two things: rentals where the owner is making money, and the amount of money that citizens or residents are spending.
However, I don't see this as being something that tourists have to deal with. According to the second article:
According to this (bold face is mine), they are only targeting Argentinos who pay rent (and I would assume foreigners with residency), but I don't see indications that actual tourists would be hit with this requirement.
Obviously the government wants to make sure that 1) not only are Argentinos who own property paying taxes on earnings from their rental apartments, but also 2) that Argentinos who go to spend their money, at the beach in the article's example (but would assume long term rentals as well), are claiming the correct amount of taxes on their income to be able to pay for their luxuries, much the same as people have to be registered to be able to get dollars against the amount of their earnings, or buy plane tickets, etc.
Although the first article does mention the CDI (as well as CUIT and CUIL), I believe that the CDI would be used by the government in the case of foreigners here who stay but have no residency or other regularized status to stay, but stay here long term (who would be responsible for paying taxes I believe). Actual tourists are not liable for paying taxes on earnings here, after all.
It could mean that the government would use this against perma-tourists though, but the reality is that it would be difficult to do, and I don't think these are the targets. Rather, it is the rest of us, those who are citizens and residents of this country, that everyone be paying the taxes either on the lessee end, or the lessor end (i.e., claiming enough income to be paying for luxuries). Perma-tourists could easily move to other owners ever 6 months or more if they need to and claim to be tourists. The owners would not be able to tell differently for those who would be renting temporarily.
However, I suppose it wouldn't surprise me if the government would require foreigner tourists to register as well, considering how ill-conceived are many of their rules and regulations. But I doubt it. I think the articles talk about the issue of paying the taxes from the standpoint of people who are under Argentine tax law. However, I'm not a lawyer, nor do I portray one on this forum
Nor am I associated with the real estate business here. However, I do know a couple of people who manage temporary rental apartments here and I will talk to them at some point soon and see if they have any further information related to this new policy.
Of course, this is going to make more people want to avoid registering with the "ROI" and also avoid involving real estate companies in their rental transactions, since the real estate companies are required to register transactions with ROI as well. People who are already in an apartment and don't have to involve a real estate company in, for example, renewing a contract with existing renters, are likely to avoid doing things in that manner in the future.
One is "supposed to" (I don't know if it's an actual law, but I've been told consistently it is so) involve the real estate company with whom the original contract was written, to renew a contract. Which of course is ridiculous, costing those involved the commission to rent again for practically zero work, and most people certainly avoid that - I've never gone back to the real estate company to renew a contract and neither have the owners required this.
Either way, all of this is going to cause a big headache for most people who are involved on either side of renting apartments, more so for temporary rentals I'd think.
It doesn't surprise me that the government is trying to clamp down on two things: rentals where the owner is making money, and the amount of money that citizens or residents are spending.
However, I don't see this as being something that tourists have to deal with. According to the second article:
According to this (bold face is mine), they are only targeting Argentinos who pay rent (and I would assume foreigners with residency), but I don't see indications that actual tourists would be hit with this requirement.
Obviously the government wants to make sure that 1) not only are Argentinos who own property paying taxes on earnings from their rental apartments, but also 2) that Argentinos who go to spend their money, at the beach in the article's example (but would assume long term rentals as well), are claiming the correct amount of taxes on their income to be able to pay for their luxuries, much the same as people have to be registered to be able to get dollars against the amount of their earnings, or buy plane tickets, etc.
Although the first article does mention the CDI (as well as CUIT and CUIL), I believe that the CDI would be used by the government in the case of foreigners here who stay but have no residency or other regularized status to stay, but stay here long term (who would be responsible for paying taxes I believe). Actual tourists are not liable for paying taxes on earnings here, after all.
It could mean that the government would use this against perma-tourists though, but the reality is that it would be difficult to do, and I don't think these are the targets. Rather, it is the rest of us, those who are citizens and residents of this country, that everyone be paying the taxes either on the lessee end, or the lessor end (i.e., claiming enough income to be paying for luxuries). Perma-tourists could easily move to other owners ever 6 months or more if they need to and claim to be tourists. The owners would not be able to tell differently for those who would be renting temporarily.
However, I suppose it wouldn't surprise me if the government would require foreigner tourists to register as well, considering how ill-conceived are many of their rules and regulations. But I doubt it. I think the articles talk about the issue of paying the taxes from the standpoint of people who are under Argentine tax law. However, I'm not a lawyer, nor do I portray one on this forum
Nor am I associated with the real estate business here. However, I do know a couple of people who manage temporary rental apartments here and I will talk to them at some point soon and see if they have any further information related to this new policy.Of course, this is going to make more people want to avoid registering with the "ROI" and also avoid involving real estate companies in their rental transactions, since the real estate companies are required to register transactions with ROI as well. People who are already in an apartment and don't have to involve a real estate company in, for example, renewing a contract with existing renters, are likely to avoid doing things in that manner in the future.
One is "supposed to" (I don't know if it's an actual law, but I've been told consistently it is so) involve the real estate company with whom the original contract was written, to renew a contract. Which of course is ridiculous, costing those involved the commission to rent again for practically zero work, and most people certainly avoid that - I've never gone back to the real estate company to renew a contract and neither have the owners required this.
Either way, all of this is going to cause a big headache for most people who are involved on either side of renting apartments, more so for temporary rentals I'd think.
