steveinbsas
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The ba city government is introducing a one year digital nomad visa soon. Wait for that.
As far as I know, it has been proposed, but it is not yet a certainly. and I think it would have to apply to the entire country, not just the city of Buenos Aires.
When and if enacted, the six month version keeps you a nomad without paning local taxes while the one year version would make you a temporary resident subject to regulations that will significantly reduce your "net" income in dollars as you pesify them.
In reply to this:
Hi all. I'm waiting to hear whether the Digital Nomad Visa being discussed might actually come to fruition any time soon. I understand that would provide a visa for 1-year for remote workers here and would at least be free of tax as far as Argentina is concerned.
I recently posted this (in another thread):
The digital nomad visa may only be "free of tax as far as Argentina is concernecd" if you are in Argentina less than six months.
If I understand correctly, if you are here more than six months and if you have to pesify your foreign income at the official rate, you will end up with about half the gross income in pesos compared to sending yourself the funds by Western Union.
This was posted in this thread by Quilombo on November 27th:
Digital Nomad (less than 6 months)
- Exempt from domestic taxes (except IVA)
- Exempt from Bienes situados en el exterior
- Can in theory access the Savings Account for Tourists once available, and receive a better exchange rate
- Not required to pesify via the MULC
- Possible to use WU, even though current regulation stipulates it is for familiar support (rarely, if ever enforced, users here been doing it for years)
- Must earn income from foreign companies/persons (i.e. visa/passport stamp prohibits working for an Argentine employer)
Digital Nomad (more than 6 months)/Working Remotely for a Foreign Employer as a Citizen or Resident (Temporary or Permanent)
- Has a form of legal residency
- Must obtain a CUIT/CUL/CDI
- Must register with AFIP
- Must adhere to monotributista regime (provided annual income for 2021 is under $2.6 Million pesos at the official exchange rate)
- Must subscribe to an Obra Social
- Required to issue type E facturas to foreign clients
- Must pesify and repatriate (send to Argentina) funds within 5 days of receiving payment for goods/services rendered via the MULC (official exchange rate)
- Depending on province, pay Ingresos Brutos
- For Bienes situados en el exterior that exceed $3,000,000 ARS (not including a primary residency up to $18,000,000 ARS or bonds/Argentine/Provincial debt) you pay a graduated wealth tax with a floor of 0.70% up to a maximum of 2.25%
- If you repatriate at least 5% of the total assets valued abroad (i.e. $150,000 if you have $3 Million ARS worth of assets abroad) AND you keep these assets in Argentina until December 31st of the year, you can become exempt from paying the Bienes Personales