Cheap Residency by investment and fast Passport
Summary
TLDRThis video introduces an exciting opportunity to obtain residency and citizenship in Argentina with a minimal investment of just $1,700 USD (about INR 1.5 lakhs). Argentina offers a strong passport with visa-free access to Europe and other regions after staying for two years. The video explains how you can start a small business or apply for a retirement visa to gain residency. Argentina's economic growth, affordable cost of living, and ease of acquiring citizenship make it an appealing option for those seeking new opportunities. It also highlights the process of finding legal help and the requirements, like learning Spanish.
Takeaways
- 🌍 There is a country where you only need $1,700 USD to invest and qualify for residency.
- 🛂 After living for two years, you can apply for a passport, which provides visa-free access to the Schengen Zone and the entire European Union, including the UK.
- 🇦🇷 The country in question is Argentina, which offers this residency opportunity for a very low investment.
- 💼 You can start any small business, such as a restaurant or digital marketing company, to apply for residency.
- 📜 After two years, residents can apply for nationality, provided they have Spanish language proficiency.
- 💡 If you have a fixed income (like $300 per month from rent or pension), you can apply for a special visa called 'rentista visa' to stay in Argentina.
- 🛳️ Argentina is attractive for digital nomads due to its affordable living costs and strong international community.
- 🏠 Rental costs in Argentina are not too high, making it feasible to live there comfortably even with low income.
- ⚠️ Argentine nationality cannot be renounced once acquired, but Argentina allows for multiple nationalities.
- ⚽ Argentina, known for its football culture and pleasant climate, offers a quality lifestyle similar to Europe.
Q & A
What is the minimum investment required to apply for residency in Argentina?
-The minimum investment required to apply for residency in Argentina is 1,700 USD, which is approximately 1.5 lakh INR.
What benefits does Argentina's passport offer after obtaining residency?
-Argentina's passport allows visa-free travel across Europe, including the Schengen Zone and the UK.
How long do you need to stay in Argentina before applying for citizenship?
-You need to stay in Argentina for two years before applying for citizenship.
What types of businesses can you start in Argentina with the minimum investment?
-You can start any small business, such as a restaurant, shop, or digital marketing company, with the minimum investment.
Can you apply for residency in Argentina without starting a business?
-Yes, you can apply for a rentista visa, which requires proof of a fixed income of at least $300 per month.
Do you need to learn Spanish to obtain Argentine citizenship?
-Yes, you need to demonstrate proficiency in Spanish and obtain a certification before applying for citizenship.
What is unique about Argentina's nationality laws?
-Once you acquire Argentina's nationality, you cannot renounce it, making it a permanent citizenship.
Does Argentina allow dual or multiple citizenships?
-Yes, Argentina allows multiple citizenships, so you can hold other nationalities alongside Argentine citizenship.
What are the possible fees for hiring a lawyer to assist with the residency process in Argentina?
-The fees for hiring a lawyer can range from 3,000 to 20,000 USD, depending on the quality of service and the lawyer’s reputation.
Can having a child or getting married in Argentina expedite the citizenship process?
-Yes, if you have a child born in Argentina or marry an Argentine citizen, you can apply for citizenship immediately without waiting two years.
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