Personal Property Taxes in Argentina: A rush of accountant inquiries due to the fear of increased taxes
Accounting studios are increasingly receiving “emotional” inquiries from their most wealthy clients due to a change of government which has a reputation for hurting the upper middle classes. One option for savers or property owners is to obtain residency in Uruguay and renounce Argentina residency or form an irrevocable long-term trust and lose direct control over the money altogether. “The vast majority of consultations are for achieving an Uruguayan residency and losing their Argentine one.…