Rentista Visa + Dividend from US Stock

[LuckyLuke]

So there will be various methods of legally avoiding paying said taxes looked at with possibly setting up Trusts, LLC's etc

Please do some research on this point. As antipodean astutely pointed out, Argentina does not acknowledge LLC's, trusts or S-Corps the same as the USA in that if the Argentine tax resident exercises any control of the administration of said US structure, they will be taxed directly regardless.

 

[Alby]

And don't overlook the wealth tax (bienes personales), which also kicks in on worldwide assets with tax residency.

 

[Robert8808]

With US Stocks there are only 3 countries in LATAM that have a US Tax Treaty, Chile/Mexico/Venezuela, the tax treaty countries only pay a 15% rate on dividends taken from source at the exchange on each payment, the rest of LATAM with no tax treaty pay the rate of 30%, also as Alby pointed out the dividends will be taxable by the state after the time mentioned as income tax, So there will be various methods of legally avoiding paying said taxes looked at with possibly setting up Trusts, LLC's etc

*Error above - 'as income tax' should be Wealth Tax.

 

[Alby]

I would have thought that the dividends will be taxable under income tax (ganancias) and the value of the stock counted as wealth and taxed in that category (bienes personales).

 

[Robert8808]

I would have thought that the dividends will be taxable under income tax (ganancias) and the value of the stock counted as wealth and taxed in that category (bienes personales).

So you too have not heard of anyone here(this forum) using dividends from US stocks as income in AR?

 

[Alby]

So you too have not heard of anyone here(this forum) using dividends from US stocks as income in AR?

It is often discussed / floated here as a possible strategy to obtain temporary residency in the category of Rentista. I don't know if anyone who contributes here has pulled it off ever, or recently. What is never heard of / discussed here are the Argentine tax implications of these types of arrangements.