According to the announced framework, acquiring Argentine citizenship through the investment programme does not on its own make you tax resident in Argentina. Tax residence generally follows where you live, not which passport you hold, so your current tax residence and obligations continue. Banks report accounts under the OECD Common Reporting Standard according to tax residence, and a second passport does not change that.
Citizenship is not tax residence
Most tax systems, including Argentina's, tax individuals on the basis of residence rather than nationality. Becoming Argentine without moving to Argentina does not by itself shift your tax residence.
Your home country
Your existing tax residence and filing obligations continue. A few countries, most notably the United States, tax citizens regardless of residence; acquiring Argentine citizenship does not change that.
CRS and banking
Under the OECD Common Reporting Standard, financial institutions collect a self-certification of tax residence and report accounts to the relevant tax authorities. The OECD has specifically flagged the risk of investment migration being used to misrepresent tax residence. Investors should expect banks to ask where they actually live and pay tax, and should answer accurately.
If you do move to Argentina
Relocating would make you subject to Argentine residence rules and tax on worldwide income under local law. Specialist tax advice is essential before any move.
Frequently asked questions
Will I pay tax in Argentina?
Under the announced framework, citizenship through the programme does not alone create Argentine tax residence.
Does a second passport change my CRS reporting?
No. CRS reporting follows tax residence, not citizenship.
Sources
- OECD Common Reporting Standard
- OECD guidance on residence and citizenship by investment schemes
- Argentine Ministry of Economy announcement, 2 October 2026