Law 25.871 allows foreigners to obtain temporary residence as rentistas if they demonstrate passive and lawful income from abroad to support their stay in the country. These funds must come from sources such as stocks, bonds, rental income, or other rents, but not from employment activities. The origin of the funds and their transfer to the country must be proven through banks authorized by the Central Bank. Additionally, the income must cover the applicant’s and their family’s expenses, with a minimum equivalent to five Minimum Vital and Mobile Salaries.
The residence is granted for up to three years, renewable upon demonstrating continuous income. The regulation also includes anti-money laundering measures, ensuring transparency and legal compliance.