Big news out of the bargies overnight finally a person that can turn the country around seemingly.
Pros/Cons of residing there?
Places / Locales
Been a buzz word in our home for a while but not serious enough to look into... before anyway.
Buenos Aires is a big city with all the good and bad comes with that designation. Would I rather live there than in Sao Paulo, Rio, Mexico City, LA, San Francisco, Chicago, or New York? Yes. Would I rather live elsewhere in Argentina? Yes. Where? Probably Ushuaia, Bariloche, San Martin de Los Andes, or Necochea based on my preferences for climate and geography. Others like Mendoza, others have gone to Cafayate although that's a bit too Arizona for my taste. It's probably my favorite country in the western hemisphere, and I've been quite often. Very different vibe than Chile, the people are much warmer. Safer than Brazil with a better climate. But regardless of where you go in South America these all tend to be low-trust societies compared to what citizens of the US, Canada, Australia, New Zeland, the UK, and the EU are used to.
At least today, you can live like a king there due to their longstanding forex issues.
The biggest issue about trying to establish a residence there and spend too much time in Argentina is getting caught in their tax net which is something you absolutely don't want to do. If they had any sort of a non-dom, flat, or territorial tax option I would be hard pressed to pick any place else. But as things stand today, it's only a place you can vacation intermittently if you have significant assets. If you are feeling lucky, you may simply underreport these to the authorities and count on the inefficiency of the government not to catch up with you. Which it may not. But of all the things I've seen and would like to someday see in Argentina, the interior of a prison is not one of them.
