Hypothetical question...

As a foreigner owning an apartment in Buenos Aires WITHOUT a DNI.....and not interesting in selling now, but:

If someone wanted to sell his/her apartment to another foreigner (i.e. American to American), in order to bypass all the b.s., could you simply have purchaser transfer the sum from his bank in the U.S. to yours, then here, simply transfer the deed from your name to his? Purchaser would probably have to acquire a C.U.I.T., but other than that, it seems that you would just be "giving" your apartment away. Wonder if this would work?
 

BlahBlah

Registered
No this would not work because the AFIP/central bank will control your purchase and part of it is the transfer of cash

This illegal by the way, seems to be a website can't allow this on the website
 
Blah-
It is a 'hypothetical' question. No need to run to the corrupt authorities yet. As far as AFIP goes, this is not a purchase, simply a transfer to another individual., much like an inheritance, if you will.
 

BlahBlah

Registered
rmartinbuenosaires said:
Blah-
It is a 'hypothetical' question. No need to run to the corrupt authorities yet. As far as AFIP goes, this is not a purchase, simply a transfer to another individual., much like an inheritance, if you will.
Hypothical or not, its still illegal
 

EMR

Registered
You can 100% sell your property to someone and have it paid outside of Argentina and legally. The issue is not the payment but the escritura and you have to pay the taxes on the transfer of title. Both buyer and seller have approx 2 to 2.5% of the purchase price that has to be paid at time of the escritura which goes to the government.

Your buyer would need a CDI and there is ZERO capital gains taxes on the sale of property by a foreigner in Argentina. The issue again is the taxes for transferring title and you cannot avoid those. As long as you have a good escribano that does the escritura and you pay your end and buyer pays there end of the transfer taxes, they can pay you anywhere.

It is not an argument, it is a fact
 

perry

Registered
If you are selling an apartment as a foreigner you will need a Certificado De Retencion first which can take up to 90 days . It is best to have a DNI as this will make the process easier
 

criswkh

Registered
We bought and sold property without a DNI. We had a CUIL and CDI, since our visas were for work we were consider a resident so we did not have to get the Certificado De Retencion. We had to go to AFIP to prove we were paid up on the taxes. We sold our place in under a month. Our boleto and escritura took place on the same day. Our boleto money (black) was wired from one US account to another US account, then our escritura (white) was given in US dollars. The latter part made our transation legit for Argentina laws. We sold to an Argentine. There are companys you give them the dollars in Argentina and they will wire you the money to the US from one of their US accounts. It was easier than converting dollars to pesos, then pesos back to dollars to get the rest of the money out of the Argentina.
 

harpo

Registered
BlahBlah said:
Hypothical or not, its still illegal
Since when is it criminal to think about a crime?
If it was Agatha Christie then would have been locked up pretty quick. Conspiracy is discussing a crime, but only with the intention of carrying it out.

I rest my case, your honour.
 

BlahBlah

Registered
It's also illegal to ask about it on internet, atleast in a first world country

Let's change the subject to child porn and see if it's allowed
 
Top