The new bill that will facilitate investment in the U.S. and the Green Card applications through the EB-5 Program for Argentine investors
In a surprising move towards new economic reform, the Argentine Senate has approved the Ley de Bases, a legislative project that will greatly facilitate Permanent Residency (Green Card) applications through the EB-5 Program. Learn more about the details.
The recent political and economic landscape in Argentina has taken a significant turn with the Senate’s approval of the Ley de Bases project.
This reform, proposed by President Javier Milei, is presented as one of the most ambitious initiatives of the current government and has direct implications for Argentine investors interested in the U.S. EB-5 Visa Program.
Context of the Ley de Bases in Argentina
The Ley de Bases project aims to address deep economic issues such as inflation and recession that have affected Argentina in recent years.
With deregulation measures, the main objective is to improve the country’s economy, which has historically been a factor driving investors to seek opportunities abroad.
If ratified, this bill promises significant changes in the legal and economic environment of the country, facilitating conditions for Argentine investors to consider the EB-5 Visa Program as a viable pathway to immigrate to the U.S.
Impact on applications to the EB-5 Program
One of the most notable elements of the bill is the reduction of the income tax threshold and the introduction of a tax amnesty.
This provision will allow Argentines to declare unregistered assets, both national and international, without facing severe tax penalties.
Additionally, the bill includes an incentive program to attract foreign investments, with tax exemptions for 30 years, elimination of import duties, and advantages for large corporations.
These measures are designed to stimulate economic growth and create opportunities for Argentine investors looking to participate in the EB-5 Program.
Attempts to improve the financial system
Immigration attorney Andrés Echeverría points out that another crucial advantage of the bill is the improvement of the Argentine financial system.
Currently, the lack of credit availability is a significant obstacle to economic growth and investment opportunities.
By improving access to credit, the new law could provide investors with the necessary liquidity to finance an EB-5 investment.
“A greater availability of credit would allow investors to raise the necessary capital more efficiently and meet the significant investment requirements of the EB-5 Program,” adds Echeverría.
Reduction of historical obstacles
Strict capital and currency controls have been a considerable barrier for Argentine investors wishing to transfer funds to the U.S.
In this sense, the proposed bill introduces reforms that could mitigate these challenges.
The EB-5 Investor Visa not only represents an investment opportunity but also a hope for stability and security in a context of economic uncertainty in their home country.
Therefore, we can affirm that the Argentine Senate’s approval of the Ley de Bases project could mark a turning point for Argentine investors, facilitating conditions to participate in the EB-5 Visa program and opening new opportunities in the U.S. market.
Now that you know about the new bill that will facilitate Green Card applications through the EB-5 Program for Argentine investors, if you are thinking of investing in projects that qualify for the EB-5 investor visa and thus obtain a Green Card, fill out our form and an agent will contact you.
Investing in BAI Capital is investing in the United States
With a presence in the real estate sector in the states of Florida, Texas, and New York, BAI Capital specializes in generating value from land acquisition to the development of mixed-use projects, such as student housing and multifamily rental buildings with mixed-use spaces, including apartment buildings and retail (commerce-restaurant).
Our mission is to safeguard the capital of our partners and our own capital with minimal risk exposure. We ensure secure development by going through all the stages: land acquisition, urban zoning adjustments, commercial vision in architectural development, and management of building permits. We then take charge of the capitalization, construction, and exit strategy, with the return of capital and profits to our partners, guaranteeing better returns than those offered by the market.
In this way, we ensure fixed and stable returns for our client portfolio. Additionally, we operate under a confidential work protocol with encrypted web forms, protected personal data, and private meetings with our agents in the United States, Latin America, Europe (Italy), and Asia (Vietnam).
You already knew the new law that will facilitate the EB-5 process for Argentine investors. If you are looking for investment opportunities with high returns in real estate, or to invest in projects that qualify for the EB-5 Investor Visa and thus obtain a Green Card, please complete our form and an agent will contact you.
