New rentista requirements: 2000 usd per person

[Bajo_cero2]

FYI: https://www.boletinoficial.gob.ar/detalleAviso/primera/287842/20230606

 

[Longtime]

FYI: https://www.boletinoficial.gob.ar/detalleAviso/primera/287842/20230606

The mentioned document establishes the minimum amount to qualify as rentista or pensionado as "cinco salarios minimos vitales y moviles". If one salario minimo vital y movil, as of April 1st, 2023 is $87.987 pesos, then, right now, five minimum salaries would be $439,935 pesos. You are right that if we use the official exchange rate that would mean US$2,000, but do people do that? If you receive a transfer in pesos, or convert from dollar blue it would be a little over $900 dollars.

 

[Alby]

The mentioned document establishes the minimum amount to qualify as rentista or pensionado as "cinco salarios minimos vitales y moviles". If one salario minimo vital y movil, as of April 1st, 2023 is $87.987 pesos, then, right now, five minimum salaries would be $439,935 pesos. You are right that if we use the official exchange rate that would mean US$2,000, but do people do that? If you receive a transfer in pesos, or convert from dollar blue it would be a little over $900 doll

It won't be what "people do". Migraciones will (presumably) simply convert the pension amount in the foreign currency (USD, for example) to the pesos at the official exchange rate for that currency at the time and see if the result in pesos exceeds the prevailing salario minimo in pesos. If it's less, I guess they will reject a new application. It would be interesting to know whether those currently on temporary pensionista and rentista residencies will now be re-tested to ensure they meet the new requirement (and what will happen to those who don't).

 

[Redpossum]

Que asimismo, el inciso c) del mismo artículo autoriza la concesión de residencia temporaria como “pensionado” a quien perciba de un gobierno o de organismos internacionales o de empresas particulares por servicios prestados en el exterior, una pensión cuyo monto le permita un ingreso pecuniario regular y permanente en el país, pudiendo concederse hasta TRES (3) años de residencia, prorrogables.

Que respecto de esta figura no se ha reglamentado a la fecha un monto mínimo exigible en relación al beneficio de pensión previsto en la norma.

ARTÍCULO 5°.- Fíjase en un monto equivalente a CINCO (5) Salarios Mínimo Vital y Móvil la suma mínima mensual necesaria para acreditar la condición de “pensionado”. Para el caso de grupos familiares, dicho ingreso deberá acreditarse por cada solicitante de residencia.

That's bad news.

 

[steveinbsas]

It won't be what "people do". Migraciones will (presumably) simply convert the pension amount in the foreign currency (USD, for example) to the pesos at the official exchange rate for that currency at the time and see if the result in pesos exceeds the prevailing salario minimo in pesos.

As the title of this thread indicates, the new income requirement applies to the visa rentista.

As in the past, there will be no set amount for those receiving a pension income.

If it's less, I guess they will reject a new application. It would be interesting to know whether those currently on temporary pensionista and rentista residencies will now be re-tested to ensure they meet the new requirement (and what will happen to those who don't).

There shouldn't be a problem for most receiving an approved pension.

Individuals applying for the visa rentista, as well as renewals, however, will have to met the"new" (floating) income reqirement (for each family member). The previous income requirements have never ben "grandfathered" in.

 

[steveinbsas]

Que asimismo, el inciso c) del mismo artículo autoriza la concesión de residencia temporaria como “pensionado” a quien perciba de un gobierno o de organismos internacionales o de empresas particulares por servicios prestados en el exterior, una pensión cuyo monto le permita un ingreso pecuniario regular y permanente en el país, pudiendo concederse hasta TRES (3) años de residencia, prorrogables.

Que respecto de esta figura no se ha reglamentado a la fecha un monto mínimo exigible en relación al beneficio de pensión previsto en la norma.

ARTÍCULO 5°.- Fíjase en un monto equivalente a CINCO (5) Salarios Mínimo Vital y Móvil la suma mínima mensual necesaria para acreditar la condición de “pensionado”. Para el caso de grupos familiares, dicho ingreso deberá acreditarse por cada solicitante de residencia.

That's bad news.

The really bad news IMO is the requirement for each family member of those already holding or applying for the visa rentista to meet the floating income requirement.

It does not appear that anything has significantly changed for the geezers.

PS: For the past five years (at the least) I have suspected that migraciones left the $30.000 peso per month income requirement for the visa rentista on their website in order to ferret out the foreign bottom feeders and "trick" them into applying for residency that would undoubtedly be denied.

 

[Alby]

The title of the thread is misleading. The income requirement now also applies to the pensionista category. It's a major reform.

 

[Rich One]

The title of the thread is misleading. The income requirement now also applies to the pensionista category. It's a major reform.

What would be the minimum income required for a family of four.....!!

 

[Stephano]

If my math is correct the requirement of "cinco salarios minimos vitales y moviles" is more like 1800 USD at today's official rate, but if the inflation trend continues unabated it will be more like 1300 USD by year's end, so getting better.

 

[Rich One]

If my math is correct the requirement of "cinco salarios minimos vitales y moviles" is more like 1800 USD at today's official rate, but if the inflation trend continues unabated it will be more like 1300 USD by year's end, so getting better.

Assuming the S.V, & M. stays constant and Dollar Official value Goes up with inflation? Or both values go up and the ratio stays constant...? Or the SV&M goes up more..?