Argentina’s golden passport will be so popular that ‘really wealthy Americans will be embarrassed’ not to have it, top advisor says

A consultant who helped design Argentina’s new citizenship-by-investment program predicts it will become a status symbol for wealthy Americans.

“I expect that the Argentina program will become so popular with the American [high-net-worth individuals] that really wealthy Americans will be embarrassed if they do not have an Argentina passport,” said Nuri Katz, founder of Apex Capital Partners, told Fortune on Friday.

Economy Minister Luis Caputo announced the program in Paris, saying applications will open in the fourth quarter of 2026. It is billed as South America’s first. AP described it as the kind of “golden passport” scheme common in other markets, as Argentine President Javier Milei looks for ways to secure dollars for his debt-saddled country.

The program has two routes. The first is a non-refundable $350,000 contribution for a single applicant, with a family of four expected to pay $500,000. The second is an $800,000........

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