IBOV 176,402.10 ▲ 1.77% IPSA 10,989.46 ▲ 0.32% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL5.06▼ 0.22% USD/MXN17.40▼ 0.10% USD/CLP935.74— 0.00% USD/COP3,203▼ 1.62% USD/PEN3.40▲ 0.07% USD/ARS1,478▲ 0.02% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.84% BRENT 93.94 ▲ 3.22% WTI 86.85 ▲ 2.28% IRON ORE 161.91 — — COPPER 6.50 ▼ 0.16% GOLD 4,151 ▲ 1.96% SILVER 60.54 ▲ 2.90% SOY 1,238 ▲ 1.52% CORN 485.75 ▲ 7.29% WHEAT 704.75 ▲ 3.95% COFFEE 315.20 ▼ 5.05% SUGAR 14.77 ▼ 0.74% ORANGE JUICE 148.55 ▲ 3.30% COTTON 80.43 ▲ 1.86% COCOA 5,319 ▼ 5.14% BEEF 219.65 ▼ 3.10% CATTLE 335.70 ▼ 3.96% LITHIUM 69.25 ▲ 0.25% PETR4 42.50 ▲ 2.02% VALE3 74.22 ▲ 2.74% ITUB4 42.50 ▼ 0.07% BBDC4 18.54 ▼ 0.05% ABEV3 16.02 ▲ 1.39% BBAS3 20.80 ▼ 0.38% B3SA3 15.52 ▲ 2.31% WEGE3 46.35 ▲ 9.14% PRIO3 59.36 ▲ 2.03% SUZB3 42.09 ▲ 1.11% RENT3 36.72 ▲ 0.47% AZZA3 17.53 ▲ 0.29% CSAN3 3.87 ▲ 2.38% RAIZ4 0.27 — 0.00% PCAR3 2.68 ▼ 1.83% GMAT3 3.84 ▲ 0.26% PSSA3 54.71 ▲ 2.30% CVCB3 1.22 ▲ 8.93% POSI3 3.69 ▲ 0.27% SLCE3 13.83 ▲ 0.58% NATU3 8.77 ▲ 0.69% BRKM5 6.12 ▲ 7.18% RANI3 7.97 ▲ 1.01% CSNA3 5.29 ▲ 4.55% CMIN3 5.85 ▲ 4.84% USIM5 8.59 ▲ 1.54% GGBR4 23.65 ▲ 0.68% ENEV3 25.61 ▲ 0.75% CPFE3 46.39 ▼ 0.02% CMIG4 11.08 ▲ 0.54% EQTL3 38.70 ▼ 0.33% LREN3 13.49 ▲ 1.66% VIVT3 35.46 ▼ 0.95% RAIL3 13.55 ▲ 2.34% KLABIN 17.84 ▲ 1.42% RAIA DROGASIL 18.07 ▼ 0.33% RDOR3 33.60 ▼ 0.94% HAPV3 11.50 ▲ 2.31% FLRY3 16.62 ▲ 0.42% SMTO3 15.98 ▲ 2.57% UGPA3 32.29 ▲ 1.48% VBBR3 34.44 ▲ 1.44% BBSE3 41.93 ▲ 0.91% BPAC11 55.83 ▲ 0.83% CURY3 30.08 ▲ 0.43% AERI3 2.06 ▲ 0.98% VIVARA 21.26 ▼ 0.70% COMPASS 24.61 ▲ 0.70% VAMOS 3.14 ▲ 1.62% SANB11 26.58 ▼ 2.32% ASAI3 8.39 ▲ 1.70% SBSP3 28.85 ▲ 0.87% WALMEX 49.11 ▼ 0.08% GMEXICO 212.59 ▲ 1.73% FEMSA 229.35 ▲ 1.15% CEMEX 22.27 ▲ 0.91% GFNORTE 186.84 ▲ 0.56% BIMBO 60.31 ▲ 1.55% TELEVISA 9.88 ▲ 1.23% AMX 22.73 ▼ 0.13% GAP 379.71 ▲ 0.31% ASUR 273.52 ▼ 0.52% OMA 229.18 ▲ 1.29% KOF 183.87 ▲ 1.88% GRUMA 281.44 ▼ 0.41% KIMBER 39.30 ▲ 2.34% SQM-B 66,249 ▲ 2.65% COPEC 6,464 ▲ 0.22% BSANTANDER 79.32 ▲ 0.39% FALABELLA 5,941 ▲ 0.37% ENELAM 84.11 ▼ 0.50% CENCOSUD 2,017 ▼ 0.54% CMPC 1,075 ▼ 0.82% BANCO CHILE 189.26 ▼ 0.39% LATAM AIR 23.90 ▼ 1.24% YPF 81,550 ▲ 1.15% GGAL 8,195 ▲ 2.89% PAMPA 5,515 ▲ 0.73% TXAR 677.00 ▼ 0.29% ALUAR 980.00 ▲ 0.72% TGS 9,780 ▲ 0.72% CEPU 2,344 ▲ 0.17% MIRGOR 16,825 ▲ 0.30% COME 43.00 ▲ 0.30% LOMA NEGRA 3,640 ▲ 0.97% BYMA 295.50 ▲ 1.11% TELECOM ARG 4,265 ▲ 0.24% ECOPETROL 16.87 ▲ 2.06% BANCOLOMBIA 84.27 ▲ 0.75% GRUPO AVAL 5.05 ▼ 0.79% CREDICORP 389.53 ▼ 0.40% SOUTHERN COPPER 191.94 ▲ 2.09% BUENAVENTURA 32.46 ▲ 3.87% MERCADOLIBRE 1,799 ▼ 1.31% NUBANK 14.05 ▼ 2.36% XP 16.97 ▲ 0.68% PAGSEGURO 9.53 ▼ 0.57% STONE 11.14 ▼ 1.07% GLOBANT 31.78 ▼ 1.00% TECNOGLASS 45.18 ▲ 0.07% GAP AIRPORT 217.34 ▼ 0.16% ASUR 273.52 ▼ 0.52% OMA AIRPORT 105.24 ▲ 0.97% AMX ADR 26.05 ▼ 0.15% FEMSA ADR 131.61 ▲ 0.97% CEMEX ADR 12.76 ▲ 0.43% PETROBRAS ADR 18.94 ▲ 2.13% VALE ADR 14.65 ▲ 2.81% ITAU ADR 8.38 ▼ 0.30% SANTANDER BR 5.37 ▼ 0.74% AMBEV ADR 3.14 ▲ 0.96% CSN 1.06 ▲ 6.00% GERDAU 4.69 ▲ 0.97% LATAM ADR 51.07 ▼ 0.98% BTC 65,867 ▼ 0.96% ETH 1,937 ▲ 0.43% SOL 78.12 ▲ 0.01% XRP 1.15 ▲ 0.27% BNB 571.23 ▼ 0.41% ADA 0.18 ▲ 1.70% DOGE 0.07 ▼ 0.49% AVAX 6.59 ▲ 0.44% LINK 8.67 ▲ 0.26% DOT 0.84 ▼ 0.57% LTC 46.82 ▲ 0.01% BCH 220.74 ▼ 1.32% TRX 0.33 ▼ 0.39% XLM 0.19 ▼ 1.39% HBAR 0.07 ▲ 4.87% NEAR 1.89 ▼ 2.38% ATOM 1.46 ▼ 1.49% AAVE 97.32 ▲ 1.83% SELIC 14.25% EMBRAER 83.06 ▲ 0.50% EMBRAER ADR 65.47 — 0.00% JBS 12.10 ▲ 1.26% JBS BDR 61.32 ▲ 1.83% MBRF3 15.45 ▲ 2.25% MBRFY 3.00 ▲ 1.69% INTER 5.52 ▼ 1.08% IBOV 176,402.10 ▲ 1.77% IPSA 10,989.46 ▲ 0.32% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL 5.06 ▼ 0.25% USD/MXN 17.40 ▼ 0.08% USD/CLP 935.57 ▼ 0.01% USD/COP 3,200 ▼ 1.73% USD/PEN 3.40 ▲ 0.08% USD/ARS 1,478 ▲ 0.02% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.34 ▲ 0.24% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.35% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.78 ▼ 0.78% BRENT 93.94 ▲ 3.22% WTI 86.85 ▲ 2.28% IRON ORE 161.91 — — COPPER 6.50 ▼ 0.16% GOLD 4,151 ▲ 1.96% SILVER 60.54 ▲ 2.90% SOY 1,238 ▲ 1.52% CORN 485.75 ▲ 7.29% WHEAT 704.75 ▲ 3.95% COFFEE 315.20 ▼ 5.05% SUGAR 14.77 ▼ 0.74% ORANGE JUICE 148.55 ▲ 3.30% COTTON 80.43 ▲ 1.86% COCOA 5,319 ▼ 5.14% BEEF 219.65 ▼ 3.10% CATTLE 335.70 ▼ 3.96% LITHIUM 69.25 ▲ 0.25% PETR4 42.50 ▲ 2.02% VALE3 74.22 ▲ 2.74% ITUB4 42.50 ▼ 0.07% BBDC4 18.54 ▼ 0.05% ABEV3 16.02 ▲ 1.39% BBAS3 20.80 ▼ 0.38% B3SA3 15.52 ▲ 2.31% WEGE3 46.35 ▲ 9.14% PRIO3 59.36 ▲ 2.03% SUZB3 42.09 ▲ 1.11% RENT3 36.72 ▲ 0.47% AZZA3 17.53 ▲ 0.29% CSAN3 3.87 ▲ 2.38% RAIZ4 0.27 — 0.00% PCAR3 2.68 ▼ 1.83% GMAT3 3.84 ▲ 0.26% PSSA3 54.71 ▲ 2.30% CVCB3 1.22 ▲ 8.93% POSI3 3.69 ▲ 0.27% SLCE3 13.83 ▲ 0.58% NATU3 8.77 ▲ 0.69% BRKM5 6.12 ▲ 7.18% RANI3 7.97 ▲ 1.01% CSNA3 5.29 ▲ 4.55% CMIN3 5.85 ▲ 4.84% USIM5 8.59 ▲ 1.54% GGBR4 23.65 ▲ 0.68% ENEV3 25.61 ▲ 0.75% CPFE3 46.39 ▼ 0.02% CMIG4 11.08 ▲ 0.54% EQTL3 38.70 ▼ 0.33% LREN3 13.49 ▲ 1.66% VIVT3 35.46 ▼ 0.95% RAIL3 13.55 ▲ 2.34% KLABIN 17.84 ▲ 1.42% RAIA DROGASIL 18.07 ▼ 0.33% RDOR3 33.60 ▼ 0.94% HAPV3 11.50 ▲ 2.31% FLRY3 16.62 ▲ 0.42% SMTO3 15.98 ▲ 2.57% UGPA3 32.29 ▲ 1.48% VBBR3 34.44 ▲ 1.44% BBSE3 41.93 ▲ 0.91% BPAC11 55.83 ▲ 0.83% CURY3 30.08 ▲ 0.43% AERI3 2.06 ▲ 0.98% VIVARA 21.26 ▼ 0.70% COMPASS 24.61 ▲ 0.70% VAMOS 3.14 ▲ 1.62% SANB11 26.58 ▼ 2.32% ASAI3 8.39 ▲ 1.70% SBSP3 28.85 ▲ 0.87% WALMEX 49.11 ▼ 0.08% GMEXICO 212.59 ▲ 1.73% FEMSA 229.35 ▲ 1.15% CEMEX 22.27 ▲ 0.91% GFNORTE 186.84 ▲ 0.56% BIMBO 60.31 ▲ 1.55% TELEVISA 9.88 ▲ 1.23% AMX 22.73 ▼ 0.13% GAP 379.71 ▲ 0.31% ASUR 273.52 ▼ 0.52% OMA 229.18 ▲ 1.29% KOF 183.87 ▲ 1.88% GRUMA 281.44 ▼ 0.41% KIMBER 39.30 ▲ 2.34% SQM-B 66,249 ▲ 2.65% COPEC 6,464 ▲ 0.22% BSANTANDER 79.32 ▲ 0.39% FALABELLA 5,941 ▲ 0.37% ENELAM 84.11 ▼ 0.50% CENCOSUD 2,017 ▼ 0.54% CMPC 1,075 ▼ 0.82% BANCO CHILE 189.26 ▼ 0.39% LATAM AIR 23.90 ▼ 1.24% YPF 81,550 ▲ 1.15% GGAL 8,195 ▲ 2.89% PAMPA 5,515 ▲ 0.73% TXAR 677.00 ▼ 0.29% ALUAR 980.00 ▲ 0.72% TGS 9,780 ▲ 0.72% CEPU 2,344 ▲ 0.17% MIRGOR 16,825 ▲ 0.30% COME 43.00 ▲ 0.30% LOMA NEGRA 3,640 ▲ 0.97% BYMA 295.50 ▲ 1.11% TELECOM ARG 4,265 ▲ 0.24% ECOPETROL 16.87 ▲ 2.06% BANCOLOMBIA 84.27 ▲ 0.75% GRUPO AVAL 5.05 ▼ 0.79% CREDICORP 389.53 ▼ 0.40% SOUTHERN COPPER 191.94 ▲ 2.09% BUENAVENTURA 32.46 ▲ 3.87% MERCADOLIBRE 1,799 ▼ 1.31% NUBANK 14.05 ▼ 2.36% XP 16.97 ▲ 0.68% PAGSEGURO 9.53 ▼ 0.57% STONE 11.14 ▼ 1.07% GLOBANT 31.78 ▼ 1.00% TECNOGLASS 45.18 ▲ 0.07% GAP AIRPORT 217.34 ▼ 0.16% ASUR 273.52 ▼ 0.52% OMA AIRPORT 105.24 ▲ 0.97% AMX ADR 26.05 ▼ 0.15% FEMSA ADR 131.61 ▲ 0.97% CEMEX ADR 12.76 ▲ 0.43% PETROBRAS ADR 18.94 ▲ 2.13% VALE ADR 14.65 ▲ 2.81% ITAU ADR 8.38 ▼ 0.30% SANTANDER BR 5.37 ▼ 0.74% AMBEV ADR 3.14 ▲ 0.96% CSN 1.06 ▲ 6.00% GERDAU 4.69 ▲ 0.97% LATAM ADR 51.07 ▼ 0.98% BTC 65,867 ▼ 0.96% ETH 1,937 ▲ 0.43% SOL 78.12 ▲ 0.01% XRP 1.15 ▲ 0.27% BNB 571.23 ▼ 0.41% ADA 0.18 ▲ 1.70% DOGE 0.07 ▼ 0.49% AVAX 6.59 ▲ 0.44% LINK 8.67 ▲ 0.26% DOT 0.84 ▼ 0.57% LTC 46.82 ▲ 0.01% BCH 220.74 ▼ 1.32% TRX 0.33 ▼ 0.39% XLM 0.19 ▼ 1.39% HBAR 0.07 ▲ 4.87% NEAR 1.89 ▼ 2.38% ATOM 1.46 ▼ 1.49% AAVE 97.32 ▲ 1.83% SELIC 14.25% EMBRAER 83.06 ▲ 0.50% EMBRAER ADR 65.47 — 0.00% JBS 12.10 ▲ 1.26% JBS BDR 61.32 ▲ 1.83% MBRF3 15.45 ▲ 2.25% MBRFY 3.00 ▲ 1.69% INTER 5.52 ▼ 1.08%
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Latin America Argentina

Milei Ends 22-Year Policy: Argentina Reverses 2003 Open Immigration Framework

By · June 13, 2025 · 2 min read

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Presidential spokesman Manuel Adorni announced Argentina’s sweeping immigration reform through Decree 366/2025, published in the Official Gazette on May 29, 2025.

The decree fundamentally changes how foreign visitors enter and access services in Argentina, marking the most significant shift in migration policy since 2003.

President Javier Milei’s administration implemented mandatory health insurance requirements for all foreign tourists entering Argentina.

Visitors must now present sworn declarations stating their purpose and provide proof of medical coverage throughout their stay.

The government argues these measures address mounting fiscal pressures from foreign use of public services.

Argentina’s tourism sector recorded 6.2 million foreign visitors in 2024, representing an 8.4% decline from the previous year.

The country received 10.93 million total international visitors, down from 13.40 million in 2023.

Meanwhile, Argentine outbound tourism surged to 8.3 million travelers, creating a negative tourism balance for the first time in years.

The financial impact drives these policy changes. Foreign patients cost Argentina’s public health system approximately 42 billion pesos in medical consultations during 2024.

Milei Ends 22-Year Policy: Argentina Reverses 2003 Open Immigration Framework
Milei Ends 22-Year Policy: Argentina Reverses 2003 Open Immigration Framework
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Hospital discharges for foreigners required an additional 72 billion pesos in the same period. These expenses represent over 10% of total recorded hospital discharges nationwide.

Universities face similar pressures from international enrollment growth. Foreign student numbers at Argentine universities increased from 35,202 in 2015 to 82,797 in 2023, representing a 135% surge.

Milei Ends 22-Year Policy: Argentina Reverses 2003 Open Immigration Framework

The University of Buenos Aires alone enrolled 38,185 foreign students among its 326,421 total undergraduate population in 2023. Medical schools report that over 25% of students are foreigners.

The decree allows universities to charge non-resident foreign students tuition fees, ending decades of free higher education for international students.

Public hospitals can now bill foreign patients for non-emergency services, though emergency care remains free.

These changes streamline deportation procedures for foreigners with any criminal conviction, regardless of sentence length.

The previous law only applied to convictions exceeding three years. Immigration authorities gain broader powers to deny entry for false documentation or undisclosed criminal records.

The reform reflects Argentina’s shift toward prioritizing services for citizens and legal residents over universal access.

Companies planning foreign employee assignments must now navigate stricter compliance requirements and ensure proper health insurance coverage.

The policy aims to reduce public expenditure while maintaining Argentina’s appeal to legitimate investors and tourists.

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