This interested me and I reckon it will interest others as well.
Retirement in Argentina now?
Well aside from the new government the financial requirements for the visa have been raised dramatically to 2000 a month. It used to be ridiculous like under 500 a month.
2000 is higher than the average US social security check.
Theoretically you can import 24k instead but you really can't.
The Argentinine banks are shockingly awful.
Even if you could get the money in you'd be crazy to hold that much in a bank there.
I did have some very simple business with a bank there during my stay.
It took hours and felt like getting dental surgery.
As comparison the requirement in Uruguay is 1500, Chlle 1500 but less is considered if living outside of Santiago, and Colombia under 1000.
You don't need anywhere near 2000 to live well in Argentina especially out of BA.
The peso has been devalued but still not as low as the black market rate.
That I don't understand.
People will still use the black market then.