The temporary investors’ visa in Argentina was created for foreigners who have the intention of investing a minimum of ARS1,500,000 or approximately US$100,000 in an Argentinian good or service related activity or sector. The government is now looking to international investment as an effective method of boosting the Argentinian economy.
Many smart investors, both local and international are forming companies and doing business with Argentina. See below some reasons that make Argentina stand out as an attractive place for investment:
- Large, skilled and educated labor force
- Huge supply of untapped metals and minerals
- Access to unexplored oil and gas basins
- Ideal conditions for renewable energy
- Strong economic growth
Argentinian Temporary Investors Visa Process
In order to begin the application process, the investor must present their business plan which will include how they intend to invest their ARS1,500,000. They must justify their funds through a bank institution authorized by the Central Bank of the Republic of Argentina (BCRA). Should any of the documents presented be in another language apart from Spanish, a translation of the documents will be required. The business plan will be evaluated by the Migration office (DNM) who will in turn inform the consulate of its approval or denial. The investor must be sure to file the application in advance as the process can take several months.
Once approval is given, the physical presence of the person applying for the temporary investors’ visa is required. They will have to travel to Argentina to attend an appointment scheduled with the Argentinian consulate. It is mandatory to present all required documents along with the approved application. Documents to be provided include an original and photocopy of your passport, the correct visa forms filled out along with the approved consulate application, passport pictures and a police record. All of these documents should be translated into Spanish. Should all the information be correct, submitted in the required way and submitted on time, the approval or rejection of the temporary investors’ visa will be given the same day.
Get support to obtain Argentina’s business visa with trusted experts
Before starting your business trip from the United Kingdom to Argentina, be sure to identify the characteristics of each visa described. Engage with a local immigration lawyer for additional support to obtain Argentina’s business visa to carry out business in the country.
Whether you need a professional visa or a business visa for Argentina, your requirements are unique as a British national. Need visa support for your trip to Argentina? Our team of Argentine lawyers are willing to provide you with all the necessary information so that you can make all kinds of Visa applications in Argentina. Do not hesitate to contact Biz Latin Hub for personalized service.
Learn more about our team and expert authors.