Requirements
To enter Argentina as a digital nomad, you must prove that you work remotely, have sufficient income to support yourself, and that your income comes from outside the country.
While the visa application requires a CV and proof of qualifications, no specific professions are listed as acceptable. Additionally, the authorities have not set a minimum income requirement, though it's estimated to be around $2,500 per month.
Applicants must hold a passport from a visa-exempt country for tourism in Argentina. You will also need to provide proof of good character by submitting a clean criminal record from the countries where you've lived in the past three years.
Eligibility Criteria
To qualify for the Argentina Digital Nomad Visa, you must meet the following requirements:
Employment
Demonstrate that you are employed or self-employed with a stable income from clients or employers based outside Argentina.
Financial Stability
Provide evidence of sufficient financial resources to support yourself during your stay.
Health Insurance
Obtain health insurance coverage valid in Argentina.
Background Check
Submit a clean criminal record certificate from your country of origin.
Accommodation
Show proof of accommodation in Argentina.
Requirements for Paying Taxes in Argentina
Digital nomad visa holders in Argentina are not required to pay local taxes on income earned from foreign sources. As non-residents, digital nomads are exempt from Argentina's income tax obligations since they do not meet the criteria for tax residency. Consequently, non-resident foreigners only need to pay income tax if their earnings come from Argentine sources or involve domestically acquired assets, such as real estate.
However, U.S. citizens or green card holders with an Argentina digital nomad visa may face additional tax complexities due to the U.S. system of citizenship-based taxation. Under this system, U.S. citizens and green card holders are taxed on their worldwide income, regardless of where they live. Therefore, if their income exceeds the minimum filing threshold, which depends on age, marital status, and other factors, they must file a U.S. tax return, even while residing in Argentina. While filing doesn’t necessarily result in owing taxes, it remains a legal requirement.
Some digital nomads mistakenly believe they can avoid U.S. tax obligations, but the Foreign Account Tax Compliance Act (FATCA) requires foreign financial institutions to report information on their U.S. clients, making it easier for the IRS to monitor U.S. citizens and green card holders abroad. Non-compliance can lead to penalties, underscoring the importance of staying on top of tax responsibilities.
To navigate this complex tax environment, digital nomads should seek advice from a U.S. expat tax accountant to ensure they meet their obligations and optimize their financial strategies.
Bank Account Requirements
As a digital nomad in Argentina, opening a bank account can be a convenient way to manage your finances while living in the country. Some banks allow you to open accounts remotely, making the process easier. Here are some important details to consider:
You can take advantage of affiliate links to banks that offer remote account opening services. These banks often provide options for foreigners, including digital nomads, to open accounts before arriving in Argentina or shortly after, without the need for long residency procedures.
Tax Information -
Argentina’s tax rates range from 9% to 35%, depending on your income level. However, as a digital nomad on the Argentina Digital Nomad Visa, you are not eligible to work for an Argentine company, which means your income will typically be sourced from outside the country. Therefore, you are only liable for taxes on income earned from Argentine sources, which, as a digital nomad, you likely won’t have.
To make your banking experience in Argentina as smooth as possible, consider exploring options like Banco Nación or Galicia, which provide services for foreigners, or international banks such as HSBC and Santander, which often offer more flexible account opening processes for non-residents.
Proof of Financial Self-Sufficiency
To prove financial self-sufficiency for Argentina's Digital Nomad Visa, you can provide:
- Bank Statements: Recent (3-6 months) showing regular income or sufficient savings (around $950 USD/month minimum).
- Payslips/Salary Certificates: If employed, submit payslips or a letter from your employer confirming your salary.
- Freelance Income: Copies of invoices or contracts with clients and proof of payments.
- Tax Returns: Recent tax returns showing income.
- Savings/Investments: Statements from savings or investment accounts.
- Passive Income: Statements from savings or investment accounts.
These documents show that you can financially support yourself while living in Argentina.
Other Requirements
Although the official guidance for the Argentine Digital Nomad Visa doesn't list additional required documents, based on requirements for other Argentine visas, you will likely need to provide:
- Proof of comprehensive health insurance: covering medical expenses during your stay in Argentina.
- Proof of accommodation: such as a hotel booking or rental agreement, for at least the initial part of your stay.
- A clean criminal record certificate: from all countries where you have resided in the last three years.
Minimum Stay Requirements
There is no required minimum stay in Argentina once your Digital Nomad Visa is granted. However, if you remain in the country for more than 90 days, you'll need to apply for a residence permit, known as a DNI. This permit will enable you to open a bank account, sign contracts, and access additional services.
