Newcomer Is Argentina a good destination to work remotely?

[jossie]

Hello! I'm considering moving to Buenos Aires, Argentina to work remotely and I would like to hear some experiences, pros and cons...
thank you very much in advance.

 

[Traveler]

Hello! here you have a thread that can be of great help

Expat / Nomad Life in BA

Hello all. I wanted to introduce myself as I am a new forum member. Browsing on my phone last night I found this site, immediately bookmark for this morning to create an account. I am not sure if I am an expat or a nomad (mix of both), however I might fall in the category of geographical...

www.expatsba.com

 

[Melibaires]

Hello!
Here is a blog of an expat living in BA as a digital nomade, there you will find a lot of important information that will help you to make a good decision. Good luck!

Should You Work Remotely From Buenos Aires, Argentina? — life by Melissa & Andrew

Considering working remotely from Buenos Aires, Argentina as a digital nomad? After living in Buenos Aires for 3 years, I tell you if I think Buenos Aires is a good location to work as an expat. And I give tips to successfully work remotely from Buenos Aires!

www.lifebymelissaandrew.com

 

[Avocado]

Buenos Aires is widely considered to be one of the best cities in the world for digital nomads. It is very cheap for all of you with the horrible economic situation.

 

[CecilM]

Hiring in Argentina is a great deal for U.S. companies because it costs a lot less than hiring locally. There are plenty of skilled professionals here, especially in fields like tech and design, and for people in Argentina, the salary from a U.S. company is really appealing. It’s a win-win, companies save money, and local workers get a paycheck that goes a long way!

An Argentine making 3,000 USD a month here is basically living like a king! Haha

EE.UU. ofrece sueldos de hasta 3.000 dólares para empleados latinos

Abrió unas nuevas vacantes para analistas de datos en modalidad completamente remota.

www.cronista.com

 

[perroc]

I’ve read that Argentine residents working for foreign companies are increasingly struggling to receive their payments. This is because many banks in the U.S. are closing accounts for Argentine residents, and some financial institutions no longer want to deal with them. The reason? They’re fed up with the transfers made through “cuevas” or intermediaries, transfers that can’t be fully justified.

I wonder if a capital amnesty could be the solution for many of these professionals to regularize part or all of their finances abroad, allowing them to focus on their work without worrying so much about banking issues. This could enable them to scale their businesses and increase their revenue.

https://twitter.com/x/status/1824534608635101475

 

[Digital Nomad]

I’ve read that Argentine residents working for foreign companies are increasingly struggling to receive their payments. This is because many banks in the U.S. are closing accounts for Argentine residents, and some financial institutions no longer want to deal with them. The reason? They’re fed up with the transfers made through “cuevas” or intermediaries, transfers that can’t be fully justified.

I wonder if a capital amnesty could be the solution for many of these professionals to regularize part or all of their finances abroad, allowing them to focus on their work without worrying so much about banking issues. This could enable them to scale their businesses and increase their revenue.

https://twitter.com/x/status/1824534608635101475

My girlfriend has accounts in the USA. None have gotten closed at all. Lots of Argentines have bank accounts in the USA. I met many people that opened accounts there. Maybe this is fake news to try to get people to take advantage of the amnesty.

 

[legend]

From what I understand, they've changed the requirements. Previously, you only needed a minimum of $10,000 to open an account; now they require $50,000, which is a problem for many.

Nuevas exigencias para argentinos que quieren abrir cuenta en el exterior | Punto Biz

Se habla de "rechazos masivos". Uno por uno, todo lo que piden.

puntobiz.com.ar

 

[Faith]

From what I understand, they've changed the requirements. Previously, you only needed a minimum of $10,000 to open an account; now they require $50,000, which is a problem for many.

Nuevas exigencias para argentinos que quieren abrir cuenta en el exterior | Punto Biz

Se habla de "rechazos masivos". Uno por uno, todo lo que piden.

puntobiz.com.ar

I wonder what the "15 banks" that have now restricted this are. My husband also has an account in the USA and has not had any problems. Also, several banks you can just pay a small monthly fee if you don't have a minimum balance. I doubt all banks are going to require Argentines to have $50,000 to order an account. Until I hear of specific banks I would say this is probably an exaggeration.