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Argentina unveils passports-for-investment scheme
BUENOS AIRES: Argentine President Javier Milei’s government said Friday that the country would offer citizenship to foreigners who invest at least $350,000 in the country. Latin America’s third-largest economy lagged far behind Brazil and Mexico in the foreign direct investment stakes last year, according to the Organization for Economic Cooperation and Development (OECD). Milei, a free-market radical, has slashed public spending, deregulated the economy and dismantled trade barriers in a bid to make Argentina more competitive and boost the Treasury’s dwindling dollar reserves. But investors a...
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