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faq´s argentina

• Does the contract signing process necessitate
  a visit to an Argentinean embassy?
• Do I have to open a bank account in Argentina?
• How much do accountants charge in Argentina for yearly tax returns?
• How much taxes do I have to pay for a property purchase of USD 60.000 euros?
• How does the tax-payment-process works in Argentina?

1) Does the contract signing process necessitate a visit to an Argentinean embassy?

No, it is not necessary for the investors to come to Argentina to sign the contracts of the purchase procedure. They can send a power-of-attorney with apostille appointing a movewithus international lawyer to purchase in their name and on their behalf the real property and to be liable of the payment of taxes that non-resident foreign investors have to pay.

2) Do I have to open a bank account in Argentina?

No, the client doesn't need to open a bank account in Argentina. He has to deposit the payments in the developer's account. Except the reservation that has to be paid into the movewithus international account..

3) How much do accountants charge in Argentina for yearly tax returns?

In Argentina an accountant charges for yearly tax returns U$D 300.

Read more about investing in Argentina.

4) How much taxes do I have to pay for a property purchase of USD 60.000 euros?

For a property purchase of USD 60.000.- you should pay:
A) You have to pay personal assets tax In this case a property of USD 60,000.-, should pay a tax payment of USD 750.- per year.
B) If the property is rented you must pay the income tax. This is discounted by movewithus international. That means that the payment of this tax is taken into account by the 10% rent guarantee. 10% is fully collected because, like mentioned before, income tax was already discounted.

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5) How does the tax-payment-process works in Argentina?

The Argentinean Law requires that non-resident foreigners should appoint an agent who shall be liable for the tax payment, representing the non-resident foreign investor. In such case, he must send a power of attorney with apostille from the home country with the agent's name so that he can pay and receive taxes on behalf of the investor (that is to say, he must declare a legal domicile in Argentina where the Argentinean taxes of the foreign investor will be sent to) and the agent will be liable for the payment of the taxes. This is simple and not expensive process. If you do this process with movewithus international, it is less expensive and the legal domicile to be notified will be the same one as the lawyers' office.