Argentina Facts and Figures

A brick wall with the Argentina flag painted over it.

Argentina Facts and Figures

Facts About Argentina

Here you will find out facts about Argentina, including population and economic data, as well as chambers of commerce and other helpful resources.

Population

43,431,886 (July 2015 est.)

Gross Domestic Product PPP (GDP)

US$972 billion (2015 est.)

GDP Per Capita

US$12,600 (2015 est.)

Inflation Rate

27.6 % (2013 est.)

Currency

Argentine Peso (ARS)

Exchange Rate Versus U.S. Dollar

14.72 pesos per U.S. dollar (July 2016)

Language

Spanish (official), Italian, English, German, French, Indigenous (Mapudungun, Quechua)

Capital

Buenos Aires

Population of Capital City

15.18 million (metropolitan area)

Time Zone

UTC – 3 (Two hours ahead of Washington D.C. during Standard Time)

Seasons

Subtropical to subarctic.North: hot summers, mild, drier winters.Central: hot summers, cool winters.

South: warm summers, cold winters.

International Dialing Code

54

Electricity

220-240 V / 50Hz; Plug Types: C, I

System of Government

Republic

Current Leader

President Mauricio Macri (since Dec. 10, 2015)

Income Tax Rate for Residents

9% to 35%

Property Tax

1.25% (0% in Buenos Aires)

Capital Gains Tax

None

Inheritance Tax

None

Rental Income Tax

24.5%

Transfer Tax

None

Sales Tax

21%

Restrictions on Foreign
Ownership of Property

Foreigners need approval to buy in security zones. Additional paperwork is needed if land is near a foreign border.

Local Chamber of Commerce

www.cac.com.ar
Av. Leandro N. Alem 36
C1003AAN Buenos Aires
Tel. 5411-5300-9000

American Chamber of Commerce

www.amchamar.com.ar
Viamonte 1133 Piso 8
C1053ABW Buenos Aires
Tel. 5411-4371-4500

Primary Exports

Soybeans, petroleum, gas, vehicles, corn,
wheat.

Residency and Visa Requirements

Tourist Visa: Automatic 90 days upon entry. Residency: Work, study, investor, retirement, rentista, medical treatment, and cultural exchange.Citizenship: After uninterrupted documented
residency of at least three years.


Residents or Retirees

The country is not the easiest to obtain permanent residency. Buying property is the smoothest route to take.

National Airline

Aerolineas Argentinas
www.aerolineas.com.ar

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Argentina Facts and Figures

Facts About Argentina

Here you will find out facts about Argentina, including population and economic data, as well as chambers of commerce and other helpful resources.

Population

43,431,886 (July 2015 est.)

Gross Domestic Product PPP (GDP)

US$972 billion (2015 est.)

GDP Per Capita

US$12,600 (2015 est.)

Inflation Rate

27.6 % (2013 est.)

Currency

Argentine Peso (ARS)

Exchange Rate Versus U.S. Dollar

14.72 pesos per U.S. dollar (July 2016)

Language

Spanish (official), Italian, English, German, French, Indigenous (Mapudungun, Quechua)

Capital

Buenos Aires

Population of Capital City

15.18 million (metropolitan area)

Time Zone

UTC – 3 (Two hours ahead of Washington D.C. during Standard Time)

Seasons

Subtropical to subarctic.North: hot summers, mild, drier winters.Central: hot summers, cool winters.

South: warm summers, cold winters.

International Dialing Code

54

Electricity

220-240 V / 50Hz; Plug Types: C, I

System of Government

Republic

Current Leader

President Mauricio Macri (since Dec. 10, 2015)

Income Tax Rate for Residents

9% to 35%

Property Tax

1.25% (0% in Buenos Aires)

Capital Gains Tax

None

Inheritance Tax

None

Rental Income Tax

24.5%

Transfer Tax

None

Sales Tax

21%

Restrictions on Foreign
Ownership of Property

Foreigners need approval to buy in security zones. Additional paperwork is needed if land is near a foreign border.

Local Chamber of Commerce

www.cac.com.ar
Av. Leandro N. Alem 36
C1003AAN Buenos Aires
Tel. 5411-5300-9000

American Chamber of Commerce

www.amchamar.com.ar
Viamonte 1133 Piso 8
C1053ABW Buenos Aires
Tel. 5411-4371-4500

Primary Exports

Soybeans, petroleum, gas, vehicles, corn,
wheat.

Residency and Visa Requirements

Tourist Visa: Automatic 90 days upon entry. Residency: Work, study, investor, retirement, rentista, medical treatment, and cultural exchange.Citizenship: After uninterrupted documented
residency of at least three years.


Residents or Retirees

The country is not the easiest to obtain permanent residency. Buying property is the smoothest route to take.

National Airline

Aerolineas Argentinas
www.aerolineas.com.ar