Argentina

Premier Areas of Coverage

  • Buenos Aires

Country Details

Argentina is the second largest country in South America with the third largest economy.  The official language is Spanish; however, English is also spoken in the larger metropolitan cities.  This country’s natural resources include fertile plains (pampas) and minerals, including lead, copper, iron, oil and uranium.  Some of the major industries are textiles, steel, agriculture and motor vehicles.  The currency is the Argentine peso (ARS).

Important things to know when renting a property in Argentina.
Common Expat Areas -The areas where affordable, desirable rentals are most likely to be located within Buenos Aires are: Puerto Madero, Recoleta, Palermo Chico, Palermo Soho, Palermo Hollywood, Barrio Norte, San Isidoro, Corredor Bancalari, Flores, Corredor Libertad

  • All landlords require a guarantor.  If the company doesn’t serve as the guarantor, the landlord may request the full year up front.  In case the transferring corporation is unable to guarantee the lease, they may also be asked to provide an employment letter indicating the position, monthly allowance and years the employee has been working at the company.  It is up to the landlord to accept this letter in lieu of a guarantor.
  • It is common that rents are negotiated in USD, although landlords do not accept rent payments from abroad due to the currency restrictions.
  • Rent agreements are written for 2 years.  The lease can be cancelled after the first 6 months and up to 1 year with a 1.5 month penalty and if cancelled in the second year the penalty is 1 month’s rent.


Q&A

  • Who pays rental commission? The tenant pays the rental commission
  • How much is the rental commission? Five percent (5%) of the agreement + VAT
  • Is there a standard lease term? Lease terms are written for two years
  • Is an advance rent required? Only if there is no guarantor.  Amount varies based on negotiation; it can be up to one year
  • Who holds the months up front?  The landlord holds the funds
  • What is the frequency of rent payments? Rent payments are made monthly
  • Is there a security deposit? Security deposits are two months (one per year)
  • Who holds the security deposit?  The landlord holds the security deposit
  • The lease written in what language? The lease is written in Spanish
  • The lease is normally prepared by? The lease is prepared by the destination services provider; preference is to use the corporate template if one is available to insure that the legal aspect has been approved
  • Is a cancellation clause accepted?  No. By law the lease is mandatory the first six months, if cancelled from months 7 – 12 there is a 1.5 month penalty and if cancelled in the second year there is a one month penalty

 

UTILITIES

Utilities are generally not included as part of the rent. Costs vary based on family size and usage.  Main utilities remain in the landlord’s name, but tenant is responsible for paying them.  In rare cases, some landlord’s prefer the main utilities (water, electricity, gas) be transferred into tenant’s name.  The tenant is always responsible for connecting and paying for telephone, cable and internet service.

Telephone - To obtain telephone services you are required to have an Argentine DNI.  The major local telephone provider is Telecom –

Please note that admissions will be according to the year the child was born. This is regulated by the Ministry of Education and no exceptions are made.

  • Day Care/Pre-school: Day Care Centers and Pre-schools operate either all year round or during the school year from March to December. Children from 45 days old are accepted.
  • Kindergarten: child must be 5 years old by June 30 in order to enroll in that school year’s class.
  • Primary School: 1st, 2nd, 3rd, 4th, 5th, 6th grade
  • Middle School: 1st, 2nd and 3rd year
  • Senior School: 4th, 5th; 6th year

Public Schools are not recommended in Argentina.  Below is a list of the most common private schools chosen by relocating families.  Most schools will require an entry/admissions test:

In Downtown (Capital Federal):

  • Instituto Bayard – www.bayard.esc.edu.ar
  • Belgrano Day School –

DNI
You can apply for an Argentine DNI (Documento Nacional de Identidad) once you have a Visa.  It takes approximately 3 months to receive the DNI. If you apply for your Visa in Argentina, Visa & DNI are requested at the same time.  Once we present all the documents required at Migraciones, the expat will obtain a Residencia Precaria. This will allow him/her to work and live legally in Argentina for 3 months. In that time, the expat will receive his/her DNI at the indicated address.

The following documents are required:

  1. Original Passport
  2. Birth certificate (must be legalized by the competent authority at the place of origin)
  3. Marriage certificate (if applicable, must be legalized by the competent authority at the place of origin)
  4. Certificate of criminal and/or judicial background of the country/ies where Employee resided over the last 5 years granted by the relevant authority and legalized at the place of origin (this certificate is required for all persons aged 16 or older)
  5. Certificate of criminal and/or judicial background of Argentina
  6. Address certificate

Labor Identification Number
In order to qualify for a Labor Identification Number (CUIL – Clave Unica de Identificación Laboral) the work visa or a temporary resident visa is required. In order to apply for a CUIL the following documents are required:

  • Original Passport with stamped visa or Residencia Precaria
  • Letter from employer requesting the CUIL

Driver License
A driver license is required as soon as you enter the country with a work visa, although in order to obtain the Argentine Drivers License, you must have the Argentine ID card (DNI) which can take a couple months. You will be required to take a written and driving test.  The manuals can be provided in Spanish or English, but the test can only be taken in Spanish.  For non Spanish speakers, interpreters are available.  It is imperative that you study as you will be required to present the following tests:

Theoretical: The test consists of 150 questions. The test is taken in Spanish and is multiple choice. You are allowed to fail 30% of the questions.

Driving Test: You must provide a vehicle for the driving test. During the driving test, the examiner will observe your ability to control the vehicle, park and how well you obey traffic laws.

Additional Requirements

Class B Exam - Minimum Age 18
Medical: including vision, hearing and aptitude test – this is done by a doctor appointed by the MUNICIPALIDAD and it takes place the same day you are applying for all the tests.  The MUNICIPALIDAD is the county hall where the driver´s test is taken.

Documentation

  • Argentine ID number (DNI)
  • Driver´s license of the home country
  • Residence Certificate of the living area or the rental lease
  • Attend  training courses (2 hours)

Argentine driver´s license expires on the same date that the visa does.

TAG Toll Program

If you need to travel on the highway, a TAG may be rented or you can pay at the tollbooth. Once you purchase the car, you must go to one of the highway companies and rent the TAG:

  • AUTOPISTA DEL SOL -

Hospitals

  • Sanatorio Los Arcos -