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AFIP Tax Amnesty

You make good points about fears of the money getting trapped in banks. Many people bringing in these funds will withdraw it as soon as they can. People don't trust the banking system in Argentina so much of these funds will be "laundered" and the people will be legally able to buy things after they go through the process.
This is what we said would happen to all of the money from the amnesty. People will withdraw much of it and much of it is going into the real estate and other investments and also back under the mattress. You can see daily withdrawals since the tax amnesty ended.By mid/late 2026 much of this will have gone into the real estate sector with the bulk of it in Buenos Aires.

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