Taxation in Argentina occurs at the national and municipal levels. Their taxing authority requires bank statements to be filed with tax returns. Argentinean companies and individuals are taxed on worldwide profits and income so offshore income is not exempt and this is a bad thing when looking for a tax or retirement haven. They also have a VAT tax (the standard rate being 21%) making purchases expensive. The corporation tax rate is 35% plus there are additional local taxes. Individual tax rates go up to 35% in stages.

Capital gains are included with ordinary income for taxation purposes. Argentina is in at least 15 tax treaties. Residency is relatively easy to obtain in Argentina but how in the world do you keep any money after paying their taxes?

This jurisdiction might have some advantages with their relatively low cost of living if one remained there as a perpetual tourist but they have rules that make this difficult. A perpetual tourist rents not buys real estate. Renting requires a deposit equal to one or more years rent to be given to the landlord as security and you still have to pay rent.

At the 11th month the landlord has your money and you only owe one month rent. It is a legal nightmare to imagine the tenant leaving and then not getting his deposit returned. Argentina is a full member of Mercosur which means you can freely travel through all the Mercosur countries on your residency card without a passport. It also means you can live in any Mercosur country without need for a visa. Crime in Argentina is relatively low. The culture is sophisticated. They country is quite large and there are different weather patterns in the country depending on where you are. Spanish is the spoken language.