Your capital in dollars, out of local risk
Argentina
For years, Argentines have looked to invest in Miami as a way to protect their capital in dollars, diversify their wealth, and access a more stable and predictable market.
However, before buying a property in the United States, it’s essential to understand how it impacts your personal finances, what taxes apply both in Miami and in Argentina, and how to structure the investment as efficiently as possible.
Can You Buy Property in Miami?
Yes, and without requirements more complex than many people expect. Foreign nationals (including Argentines) can acquire property in Florida under the same conditions as U.S. citizens.
What you do need to keep in mind:
Taxes When Buying and Investing in Miami
When buying a property or investing in Miami from Argentina, you'll need to consider the taxes that apply to international buyers, as well as the tax impact on your Argentine tax return.
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Schedule a Free ConsultationImpact in Argentina: Bienes Personales (Personal Assets Tax) and Worldwide Income
Argentina is one of the few countries in the world that applies a wealth tax called Bienes Personales (Personal Assets Tax, or BP) on all assets that Argentine residents own outside the country.
Key points every Argentine investor in Miami should know:
FIRPTA
FIRPTA (Foreign Investment in Real Property Tax Act) is a U.S. federal law that requires 15% of the sale value to be withheld when the seller is a nonresident foreign national.
An important point for Argentines: this 15% withholding applies to the sale price, not the profit.
Key points you need to understand:
Is It Worth Creating an LLC to Buy in Miami?
Argentine investors frequently choose to acquire properties in Miami through an LLC instead of buying in their own name.
Considerations for Buying in Your Personal Name
Buying directly in your own name is simpler but exposes you to Bienes Personales in Argentina and to U.S. estate tax. An LLC involves annual maintenance costs but can offer significant tax efficiencies.
Why Is Miami Still a Great Bet?
Beyond tax considerations, investing in Miami from Argentina remains one of the most effective wealth-building strategies:
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Notice: The information contained on this page is for informational purposes only and does not constitute tax, financial, or legal advice. We recommend consulting a qualified tax and/or legal advisor in Argentina and the U.S. before making any investment decision.
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