AR 16,000 pesos = about US$1,666.

This may seem like a lot in Argentina but it is not. A really nice place to live can cost you US$750 - US$1,000 monthly and then there is the need for a car unless you are willing to travel with the masses in a Bus. Long distance can rips are also expensive. Automobiles are very expensive in Argentina and even 15 year old junkers costs thousands.

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Hi,

We live in the Cordoba Province and 16,000 pesos is not a bad salary. Is the Company providing accommodation for free or at a special rate? Many people are selling cars and you will be able to pick one up for a good price. In my opinion you can live comfortably on 16,000 pesos per month, depending on how you want to live, that is.

Kind regards
Nelieta

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My advice: Do **not** accept a salary set in Argentine pesos (AR$).

A serious devaluation is expected after the recent election of the new president (named Macri (from 11 December)) because of the sorry state of Argentine national economy.

Have your salary set in a "hard" currency like US$ or Euro, to be paid in pesos, e.g. today

salary set to: US$ 1,660
receive: AR$ 16,000

In February 2016 perhaps
salary set to: US$ 1,660
receive: AR$ 19,200

If you somehow can manage to get paid in US$ in Argentina (difficult) do that. Also do note that it is almost impossible to exchange AR$ to any foreign currency like Chile pesos, Euros or US$ except at the blue rate.

There are presently 8 (eight) different exchange rates, but only the OFICIAL and the INFORMAL ('blue') are of interest to you, except if you grow .

The official bank/exchange house rate today is 1 US$ = AR$ 9.69 if you sell (ie. they buy "COMPRA")
The INFORMAL, 'blue' rate today is 1 US$ = AR$ 14.66 if you sell - in which case you'll have to locate a 'cueva', unofficial exchange house, get recommendations from colleges.

Exchange rates:
US$: http://www.ambito.com/economia/mercados/monedas/dolar/
Euro: http://www.precioeuroblue.com.ar/

PS What about income tax ??

Suerte
Saint John

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For: "except if you grow ." read: except if you grow soya/soja or are Argentine citizens or something like that.

"Reserves on way to falling below US$25B"
http://www.buenosairesherald.com/article/204323/reserves-on-way-to-falling-below-us$25b

Many Argentines (and I) fear that the official reserves of 25 billions US$ are 2 billions in actual money + 23 billions in worthless IOUs from the present government, which for years has claimed that the annual inflation was app 11 percent, while everybody has observed that consumer prices and salaries have been rising at 18 to 34 percent per annum.

"Moyano: salary hikes must be at least 28%"
http://www.buenosairesherald.com/article/204332/moyano-salary-hikes-must-be-at-least-28

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You make a good point SaintJohn but there is a very good possibility that the "blue" rate will fall away after 10 Dec. Then there will only be one official rate. It is very difficult to negotiate with a company to pay employees in USD or any other currency for that matter. Nobody knows what is going to happen in the next 6 months. My point is still that with a salary of 16000 in your pocket, accommodation paid for by the company, you can live comfortably. That is if inflation doesn't sky rocket.

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After Macri takes Office it will be a "wait-and-see" environment.

If he devalues the AR peso to represent reality, the pesos demanded for rent, groceries, gasoline and a car etc. will rise.

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It depends completely what you want from life, and where the accomodation is at. If you are willing to commute to work by bus, I think you will survive. Minimum accepted income by migraciones is 8000 pesos / person for the moment, there are some modifications for families. It wont be luxury life by any means, in comparison to Dubai. Its south america after all.. and crimes here are more than common. Be prepared to change lifestyle. As for cars they are incredibly expensive, you are looking to pay anything from 110000 pesos upwards to get a more-or-less working second hand small car.

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Hi Shumirai,
It's a really tough question because it depends on your standard of living--you may not need a car here either, the public transportation is very good & cheap & there are a lot of taxis. There's a website "numbeo"--where you can plug in your city & where you want to live & it will show you the cost of living, and many other comparisons. It might help you get an idea--

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Hi Shumirai,
It's a really tough question because it depends on your standard of living--you may not need a car here either, the public transportation is very good & cheap & there are a lot of taxis. There's a website "numbeo"--where you can plug in your city & where you want to live & it will show you the cost of living, and many other comparisons. It might help you get an idea--

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The new government just announced the end of the cepo - i.e., the forced difficulties for the Argentines to get US dollars...so it is expected that the peso will now be benchmarked around 15 to 16 pesos per dollar (official) and thus do away with the blue or black market rate. So, 16000 pesos will now only be about $1000 US, instead of closer to $1600. There's more fluctuation due to come...so beware of fixing any salary, other than in US Dollars. In my estimation, you will need $1500 US monthly at minimum to live modestly in a safe neighborhood. and more if you want your own car (gas has gone up in price in Argentina to help the state gas company YPF), and you want to eat out and enjoy some entertainment, etc.

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Thank you so much for your reply.I am trying to have the company raise the offer to 20 000 pesos and i am just waiting for their response.They said they will rent a place for me in Rio Ceballos and i pretty sure its a country place sort of.I dont want to end up not having enough money to save and all,i am just keen on this move for family reasons otherwise i would stay in Dubai.

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Hi

Thanks a lot for your reply,i appreciate.I too feel that the amount is too small and though they agreed to raise it to 20 000 pesos.I am earning a lot more here but this move is good for my family as i will get to spend more time with my wife and 3 month old daughter.I will wait and see but if they dont raise it again i will have to consider other offers.The company said they will offer me a place to stay in Rio Ceballos near Crodoba

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