el_expatriado
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- Jun 6, 2005
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I am looking for a few US-based expats who are living in Argentina for the medium term who would like to get the best exchange rate for their USD.
The process involves opening a brokerage account in both the USA and in Argentina, buying Argentine bonds in the US then transferring them to Argentina to sell on the local market. The official name for this is "contado con liquidación". This is an operation that is 100% legal and this is not the same as the black market exchange rates. You do not need a DNI to make this work.
After you have the accounts set-up, you can repeat this process as often as you want whenever you need to get pesos. You can also profit by selling these pesos for dollars here in Argentina (I will show you how to do this also).
I am not charging anything for sharing all this knowledge. Only asking that you do the first operation for me. I will loan you the funds in the USA and you will repay the loan here in Buenos Aires 72 hours later after you finish the operation. Send me a PM if you are interested.
Saludos!
The process involves opening a brokerage account in both the USA and in Argentina, buying Argentine bonds in the US then transferring them to Argentina to sell on the local market. The official name for this is "contado con liquidación". This is an operation that is 100% legal and this is not the same as the black market exchange rates. You do not need a DNI to make this work.
After you have the accounts set-up, you can repeat this process as often as you want whenever you need to get pesos. You can also profit by selling these pesos for dollars here in Argentina (I will show you how to do this also).
I am not charging anything for sharing all this knowledge. Only asking that you do the first operation for me. I will loan you the funds in the USA and you will repay the loan here in Buenos Aires 72 hours later after you finish the operation. Send me a PM if you are interested.
Saludos!