The scheme offers two primary financial routes to investors seeking a G20 and MERCOSUR passport. Applicants can make a non-refundable contribution of at least US$350,000 directly to the national Treasury or purchase a designated government bond valued at US$800,000, as reported by The Rio Times.
Investment Tiers and Family Pricing Structure
The Economy Ministry outlined a structured fee schedule for family members accompanying the primary applicant. Spouses and unmarried children aged 18 to 25 without children of their own can be added for US$100,000 each. Children under 18 incur a fee of US$25,000 each, meaning a family of four consisting of a couple and two minor children faces a total baseline contribution of US$500,000 under the donation route.
All participating capital must move through formal banking channels and comply with established anti-money-laundering regulations. The government intends to channel the generated proceeds toward strengthening the country’s fiscal and financial position.
Interagency Screening and Regulatory Framework
Applications will undergo multi-layered vetting overseen by a dedicated body, the Agency for Citizenship by Investment Programmes (APCI). The review process incorporates security and intelligence checks conducted by the State Intelligence Secretariat (SIDE), the financial intelligence unit (UIF), as well as the security and interior ministries.
These agencies evaluate applicants based on identity verification, the origin of funds, criminal and reputational records, and migration history. Following these evaluations, the APCI submits a recommendation to the National Migration Directorate, which holds the authority to approve or reject individual files.
Legal Hurdles and Operational Status
While the commercial terms of the programme have been publicly detailed, the initiative faces ongoing legal challenges regarding administrative jurisdiction. A National Electoral Chamber ruling on June 30, 2026, annulled an emergency decree that had previously transferred naturalisation decisions from federal judges to the migration office. Court documents indicated the decree breached constitutional provisions governing electoral and political rights.
Furthermore, according to Direct Citizenship, the Ministry of Economy resolution formally designating the qualifying investments and the operational rules of the APCI had not yet been published in the Official Gazette at the time of the announcement, meaning general applications remain pending operational implementation.
Reporting source: riotimesonline.com.