Real Estate in Argentina
Invest in Buenos Aires and take advantage of the resurgence of the Argentine real estate market following Milei's economic reforms.
Invest in Buenos Aires: European Style, Quality of Life, and a Hot Market
Advantages of owning property in Argentina
No Restrictions for Foreigners
In Argentina, buying property is quite easy for foreigners. Regardless of where you are from, you can purchase houses, apartments, retail spaces, or even land without needing a visa or residency. The process is simple and straightforward, and there is no minimum investment amount. Furthermore, you can handle everything remotely using a notarized power of attorney, so you don't need to be physically present in the country to finalize the purchase.
Growing Real Estate Market
The real estate market has soared since the Milei administration repealed rent control laws. Property values have been rising in recent years, making the country an attractive place to invest.
Attractive Prices and Good Profitability
The Argentine real estate market offers affordable average prices, ranging from USD 1,200 to USD 2,000 per m², depending on the region. Additionally, rental yields have soared, ranging between 4% and 8% per year, with the potential to reach up to 10% in certain areas, providing an excellent opportunity for diversification and return on investment.
Favorable Taxation
Argentina has a simple and transparent tax system. There are no inheritance taxes, ensuring your assets can be transferred to your heirs without extra costs. For those looking to invest in rentals, the taxation is advantageous, with rates ranging from 7% to 25%, and property tax is affordable, with annual rates generally varying between 0.5% and 1.5% of the property value.
More Freedom, Security, and Quality of Life
Argentina offers an excellent standard of living, with good safety conditions, a quality healthcare system, and developed urban infrastructure. The cities are modern, clean, and well-organized, and the country provides greater personal freedom, with diverse options for leisure, education, and well-being. Furthermore, the Argentine government offers significant flexibility regarding issues like homeschooling and other aspects that value citizen autonomy.
A Plan B Close to Brazil
Argentina is the ideal choice for those who want a Plan B without moving too far from Brazil. With short, direct flights between the two countries, you can easily travel to Brazil whenever necessary.
What you need to know before buying your property
Taxes and Fees Involved
Property Transfer Tax
Description
Real estate transfer tax.
Value
1.5% of the sale price.
Who pays
Buyer.
Public notary
Description
Tax on property registration in the Public Registry.
Value
2% to 3% of the sale price.
Who pays
Buyer.
Real estate advisory
Description
Applicable to our partners' services.
Value
3% to 6% of the sale price.
Who pays
Buyer.
Property tax
Description
Annual tax on the value of assets owned.
Value
Between 0.25% and 1.5% of the property's taxable value.
Who pays
Owner.
Rental income tax
Description
Tax on income generated from property rentals.
Amount
5% to 35% on rental income.
Who pays
Owner.
Wealth tax
Description
Charged on corporate taxpayers, but also on the net worth of individuals.
Amount
Residents: between 0.25% and 0.75%. Non-residents: between 0.7% and 1.25%.
Who pays
Owner.
Capital gains tax
Description
Capital gains tax on property sales.
Value
15% of the sale price.
Who pays
Seller.
Take advantage of Argentina's attractive rates to invest in your property!
Required Documents
Generally, the following are required:
- Identity document or passport.
- Public deed of sale.
- Property deed/certificate.
- Property appraisal.
- Tax records and certificate of occupancy.
- CUIT/CUIL (Tax Identification Number).
- Proof of tax payment.
- Purchase and sale agreement (pre-contract).
Step-by-step guide to buying property in Argentina
- Selection and Due Diligence: After choosing the desired property, a legal review is conducted to ensure the property is free of debts or restrictions and has a clear title.
- Offer and Purchase Agreement: After finding the ideal property, an offer is made. If accepted, a purchase agreement will be drafted, specifying the terms, conditions, and agreed-upon price.
- Property Registration: Once the contract is signed and funds are transferred, the property must be registered at the local land registry to formalize the transaction and secure your ownership.
- Tax Payments: In Argentina, property transfer taxes range from 1.5% to 3%, and property tax can reach up to 1.5% of the taxable value annually. With relatively affordable taxation and a promising market, investing in the country is an excellent opportunity.
By following these steps, our partners ensure a secure purchase that complies with Argentine regulations.
Is a property in Argentina the right choice for me?
We recommend acquiring property in Argentina for:
- Investors seeking profitability and appreciation: Argentina offers properties with excellent appreciation potential, with rentals that can generate significant returns.
- People looking to reduce taxes: With an attractive tax system and relatively low property taxes, Argentina is ideal for those seeking tax optimization.
- Brazilians looking for a Plan B abroad: Proximity to Brazil, ease of residency, and an affordable cost of living make Argentina an excellent option for personal and asset diversification.
- If you are looking for more freedom and security: The country has shown significant progress, with good education and healthcare options and a growing real estate market, making it a strategic choice for those seeking more freedom and security.
We Do Not Recommend Acquiring Property in Argentina For:
- If you are looking for quick returns and real estate speculation: Despite good prospects for appreciation, growth is still gradual, with a focus on long-term value and consistent profitability.
- If you prefer investing in more renowned markets: Argentina offers great opportunities, but it does not yet have the same international recognition as markets like the US or Dubai.
Who Will Assist You
Rodrigo Marabi is an Argentine lawyer specializing in International Tax Law and Immigration Law. Rodrigo is a graduate of the University of Buenos Aires Law School and also completed an Erasmus program at the University of Porto in Portugal. He previously served as a Manager for the International Tax Services team at a Big 4 accounting and consulting firm, and since 2019, he has been a partner at the LM Legal firm, based in the Argentine capital. He is fluent in Spanish, Portuguese, and English.
Still have questions?
Frequently Asked Questions (FAQ)
Owning property in Argentina does not guarantee residency in the country. To stay for longer periods, you must apply for temporary residency, which can be renewed and converted into permanent residency. The process is simple and accessible, and there is also the option to obtain permanent residency through investments, such as the real estate investment program.
Dreaming of Residency in Argentina? Contact us to learn how to secure your place in this country full of opportunities.
Foreigners can purchase various types of property in Argentina, including residential, commercial, and agricultural real estate, without major restrictions. The only limitation is that purchasing agricultural land in some areas may require a more detailed review.
Yes! Foreigners can access financing in Argentina, though the process can be more complex and subject to higher interest rates due to financial market volatility. The financing system is more accessible compared to other countries, but it may require collateral or special conditions.
Not at the federal level, but the province of Buenos Aires does have taxes on gifts and inheritances based on specific conditions and values.
While not mandatory, working with a consultant simplifies the process, ensuring the transaction is legal and secure. An expert can assist with drafting the contract, conducting title searches, and ensuring all taxes and fees are paid correctly.
Yes, we can issue an invoice for our services. Please contact us and provide your billing address so we can prepare the necessary documentation.