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September 25, 2024 Argentina implements a temporary regulation allowing Venezuelan nationals to regularize their residence status in the country On 16 September 2024, Argentina implemented a new temporary regulation that aims to support Venezuelan nationals with regularizing their residence status in the country. The regulation will remain in force for 90 days initially and may be extended. Regulation 388/2024 was introduced in response to the significant increase in the number of Venezuelan nationals who have entered Argentina since 2016. It was implemented after the indefinite closure of the Venezuelan consulate in Argentina. The regulation impacts Venezuelan nationals who are currently outside Argentina and seek to enter and reside in the country, those who are currently in Argentina unlawfully (i.e., without valid Argentinian documents), as well as those who are in Argentina lawfully and need to extend their authorization but hold expired Venezuelan identification documents (e.g., passports, identity cards). These individuals may apply to acquire lawful immigration status (i.e., temporary or permanent residence) in Argentina or extend their current lawful status. A Tax Alert prepared by EY's People Advisory Services, and attached below, provides additional details.
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