Understanding U.S. Taxes When Living Abroad
What do the world’s only superpower, the United States, and a tiny African backwater, Eritrea, have in common? America and...
Read moreFor starters, property owners are required to pay an annual tax to the Argentine government regardless of whether the owner resides in the country or has a visa. The onus is on the owner to pay this tax each year, as reminders are not sent out.
Argentine residents are subject to income and wealth taxes as well as social security contributions.
Permanent residents pay taxes on all income both within and outside Argentina. Others who are required to pay income tax are those earning income in Argentina with a local salary, or through dividends, interest, royalties, or rentals. If you are employed by an Argentine company, however, you do not have to file a tax return in the country, as your employer does that automatically. Income tax for rental properties is a flat 21%. Income tax rates are 9% to 35% for residents and 24.5% for nonresidents. There is no inheritance tax in Argentina with the exception of two provinces that levy one. Capital gains tax rates are 0% to 15%, and VAT is 21%.
What do the world’s only superpower, the United States, and a tiny African backwater, Eritrea, have in common? America and...
Read moreRetire To The World's Most Passionate City "Buenos Aires is one of the world's most beguiling places, best known worldwide...
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Read moreThe FIFA World Cup is nearly here. By now your Panini sticker albums should be complete and days off work confirmed. From June 14 until July 15 the eyes of the world will be on Russia, hosts of this year’s competition. The big games and World Cup rivalries are about to begin in earnest. The biggest sporting event in the world, more than 1 billion tuned in for the last final in 2014. Current world champions Germany will defend their...
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