Forget the bank account, you'll probably not be able to open one while in Argentina, which is not the US.

You ask "How much are houses in Pesos over there?"

Well, how much is a house in dollars over there?

Try to read your post as if it was written by a foreigner asking advice about New York - anything missing?

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Forget getting a bank account in Argentina...without a national identity card (DNI card) it is well nigh impossible. Few people sell their homes for pesos...almost everyone prefer, and only accept dollars, and in cash. Mortgages are extremely rare. There are NO real bargains in the housing market unless you want to live in a semi-third world location. Unless you have a job waiting for you - don't even think of getting one AFTER you arrive - it is much better to simply come and spend 3 months (90 days) as a tourist and enjoy the sights and sounds and see if you really want to live in a country where you will NEVER be fully accepted, but always considered a foreigner (outsider). There are many other places in the world where your dollars will be go further and living will be more comfortable and you'll have a better welcome (i.e., Portugal, the Philippines, Ecuador, Panama, to name a few). Don't burn your bridges...visit Argentina first...and then decide if you want to make a permanent move.

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Well I was coming to scope it out for a couple of months. If I liked it, I was going to just stay and figure out the job thing after I received papers for residency. If not, then I would just leave and figure out a different place to go. I've wanted to live in Argentina since I was 5 because I really liked the culture and agriculture. I just wanted to receive some knowledge about how things worked there, so if I did like it after I have stayed there for 3 or so months. Then I would be somewhat ahead of myself with the knowledge I have gained before I left the states.

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Todikaios hit the nail squarely on the head, the #1 regret I hear people make, usually Americans, is that with fantasy filled eyes they move to another country and immediately purchase a house, Condo etc. and then after living there six months they learn they don't like the people, and or the people don't like them, and the food isn't that great and it isn't as cheap as they anticipated and they miss their USA comforts and relatives etc., etc. so they move back with their tails between their legs after having sold their foreign home and car at fire sale prices. In case you miss my point RENT, RENT, RENT then buy.

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ajhubb12,

Forget "Residency"! It can take years unless you marry an Argentine. For the first few years you can jump over to Santiago Chile or Monte Video Uruguay and renew your Passport Visa for another 90 days. I did that for five years all the while trying to gain residency and I have an Argentine business and Corporation "S.A.".

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I mean I could give you a range of the houses in new York. I was just asking for a range amount.

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I understand where you guys are coming from but its literally the same concept in the US, people are accepted here like they think they would be. Immigrants are looked at as the lowest people here and I hate that about this place. me personally I don't care if someone doesn't like me or not I don't live for people to like me or anything like that. I get your point on renting first so I will take your advice on that. you are never fully accepted in America unless you are Caucasian and that is a fact.

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thanks for the tip, ill look into doing that. how did you start your business there? did you have to go through a lot of troubles to start your business?

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trust me I don't think I will go back to the US with my legs between my legs. I hate this place with a passion.

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ajhubb12,

I'm an American, a Caucasian American, and I agree with you but did you know Argentina's past includes purging the black people, denying their history? Also, most Argentines want to considered European, Caucasian or light skinned? Don't assume brown or black skinned people are met with open arms and automatically treated as equals..

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Im not at all assuming that, I was just saying it is the same in Amerca. I understand thought. im not going for the people thought. again I don't care if someone doesn't like me nor not. Im a very nice person and I tend to stay to myself so if me and someone cant see eye to eye then I will stay out of their way. I cause no problems with anyone. I just want to live my life how I want. over the years I have learned to just deal with people no matter their views. I do the same here in America. I just had someone who didn't want to rent out an apartment to me because of the color of my skin so trust me I know its everywhere.

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ajhubb12,

on one hand you mentioned people discriminating against you in america because of your ethnicity or skin color, on other hand, you respond by saying that you are dettached and that you do not care about what others think of you.

so, maybe you should first assume a stable position and then go from there.

if you are totally used to being discriminated against and learned to live with it and really do not care about it as long as it is tolerable enough, then just stay in america,
considering that you are already a permanent resident or even a citizen there.

whreas, if you do care about equal rights and multi cultural respect then perhaps argentina is not for you, canada would be more appropriate, this is where i come from, Toronto city happens to be world's most culturally diverse places, where more than 100 languages are spoken, where in fact more than half the population does not speak english and yet they all thrive together, cases of racial discrimination are being addressed properly and police are present enough to provide maximum security to anyone who lives there.

Argentina is a place with lots of problems, and racial inequality is the least of argentina's problems, here people are more worries about not being robbed, or have enough money for a phone, clothes and sometimes even food. unless of course you come from a financially wealthy family, in which case money talks here just like it does anywhere else, as long as you are settled in a wealthy secure place you should do fine, your money sould override whatever racial prejudice that some argentines might have in their minds, but don't expect them to be genuine if money to be used to gain social acceptance.

hope this helps

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Literally I was just saying it would pretty much being the same thing, again I'm not moving because of that. I am moving because I want to live in Argentina. Just because I mentioned being discriminated against doesn't meant I care about it, because I truly don't. Moving to Argentina is something I want to do

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I am a recent home owner in Argentina, I have lived in foreign countries in my youth (Europe, Asia), as an adult (Mexico and Argentina) and have properties in other foreign countries. You should definitely make sure this is a move you want to make! Argentina is really a difficult place to buy, remodel, and maintain property. The internet was of little help to me in getting accurate information about this process! Under the last administration it was impossible to wire dollars into Argentina without huge losses in the process, and wait times to have access to the funds. I don't think that much has changed with the new president. Black market offers were abundant, and some schemes involving stock and trading transactions. In the end, after a great deal of research and a trial run, we flew in the money (filing a report to US Government for taking more than 10,000 out of the country, declared the funds upon arrival to Argentina (AFIP was very helpful), carrying always documentation of the declarations, source of funds, and purchase agreement in Argentina. WE stored funds in HAUSLER -- a secure location in micro-centro with safety deposit boxes, safe rooms, money counters, and 7 security check points for entrance into the facilities...

Banking is possible without an Argentina national identity card, contrary to what is being said. However, you must get a tax ID number, activate it as a person of fiscal interest, verify you domicile, and preferably have something of a utility, rent receipt, or escritura for your property. Then you must persist and insist that AFIP says you can open an account -- and find someone who is willing to actually verify and help you. But why do you want an Argentine account? Uruguay lets you open an account, no fees, withholding, and you can have a dollar account without any problems. It is the Switzerland of South America, and it free if you maintain minimum balances. There is not a charge to receive a money transfer, no withholding, no paperwork to receive money, and cash is available same day up to 50,000 dollars at the branch. It is fantastic. Every time you go you get a fresh visitor visa, at not cost other than the boat ticket. Its a nice trip as well...

If you have some form of internet business, teaching (English for Example) or have a way of working outside the formal system here, you are set. Getting residency or work permit after arrival is a real big bureaucratic hassle (many stories about this and naturalization as a citizen). Teaching English is a real possibility -- but nothing is easy here! You may have special skills that will be highly regarded, but networking and finding the connection can be hard.

Also, costs are rising very quickly. Some things are very expensive by north american standards, namely furniture, household items, electronics, cars, and anything you might consider to be luxurious. A lot more expensive! Having funished a home here, I would say it is even more expensive than Europe if you want quality and good design, antiquities, or comfort. You will find very poorly made, bad quality materials, and poor design to expensive! Food, restaurants, theatre, travel, can be a bargain depending upon the region you are coming from and prices you are comparing --- but this is not a c;heap retirement or even travel destination....

Don;t get me wrong. I love Buenos Aires, and after years of coming here -- have friends, people who are like family, and it is also where my child resides, works, and plays.... I look forward to my return, and enjoy finding new places, restaurants, people, clubs, and parts of the city previously unknown or un-visited. It is a great cultural city, and Argentines are a complex, contradictory, and loving people who, once you break through the social distance, are fantastic!

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Be aware that there are two prices in Argentina, one for the Foreigners and one for the locals. My wife and I, two Americans, a few years back looked for a Condo in Mendoza. We used an Argentine real estate agent who asked us what we could afford. Like dummies we said US$2,000 a month max. Guess what, every single Condo he showed us was ... $2,000 a month. We finally found a very nice Condo across from Plaza Italia and after viewing the Condo we agreed to meet the next morning at the Condo and sign the Lease. Later in the afternoon before our next days meeting we discovered a Condo in the same building for Lease for US$800 monthly. It was the exact same 2 bed 2 bath and had a better view. Guess which Condo we leased.

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and of course, the "wine mogul" has to chime in with his usual arrogance. one wonders how he can run his vast empire while being on here 24/7.

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Wowbagger?

Bowerick Wowbagger?

Is that you?

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I was under the impression this forum was to discuss things about Argentina, not to make disparaging remarks about the members. Lets be civil and stop this crap!

Mike

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Mike,

I agree 100%,. This Forum is to offer to share objective advice based on actual experience, not to rail on someone even if that person might be naive.

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Hello, my is Octavio, and I Work in a Law Firm in Córdoba , Argentina.
The Firm advice foreigners on legal tópics such as inmigration, banks, etc.
If you need help o do not hesitate in contacting me to schedule an appointment with a lawyer at: information@lorenzobarone.com

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