They will be able to buy more than $ 200 a month. After the publication of the Communication, the monetary authority sought to clarify the situation
The Central Bank of the Argentine Republic enabled all people living abroad who collect pensions as former political prisoners to buy dollars at the official price and transfer them abroad without restrictions or limits.
In the last point of Communication 7052, former political prisoners “who received funds in the country associated with the benefits granted by the National State” are empowered to make “transfers to bank accounts abroad”.
Communication 7052 clarifies that this benefit will only be enjoyed by the beneficiaries of Laws 24,043, 24,411 and 25,914, that is, those people who were injured or detained during the last dictatorship, either had disappeared relatives, or were born in captivity, or suffered identity substitution.
The aforementioned Communication 7052 explains that this exception to the current restrictions must be incorporated as point 3.12.6 to the text “Exterior and changes”.
Said benefit was in force until August last year, when the first stocks were imposed part of the previous authorities the BCRA.
The bulk of Argentines who want to buy dollars in the official market can only do so, and with a 30% surcharge, up to a limit of $ 200 per month.
The monetary entity enabled the purchase of dollars without limit to beneficiaries of certain laws
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What the text says
When analyzing the text “Exterior and Changes” we find that point 3.12 refers to all the exceptions that escape the restrictions imposed by the Central Bank for the purchase of foreign currency, where as of this Thursday the former political prisoners joined.
“Access to the foreign exchange market by non-resident customers for the purchase of foreign currency will require the prior approval of the BCRA, except for the following operations, “explains point 3.12 to which they now add pensioners for being former political prisoners.
In the mentioned communication “Exterior and Changes” other people exempt from the current restrictions for the purchase of dollarsAnd in all those cases, it imposes clear limits on the amount of dollars they can buy. However, in the recent communication that enables former political prisoners who receive state pensions in accounts in Argentina to buy and draw dollars abroad, the BCRA does not set clear limits, which gives free rein to unrestricted purchase.
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Example
In point 3.12.5, the BCRA explains that non-residents who make tourism in the country, who imposes a purchase limit of 100 dollars, will be entitled to access the capital market at an official price: “Purchase of tickets in foreign currency of non-resident human persons for tourism and travel for up to a maximum amount equivalent to US $ 100 (one hundred US dollars) in all entities. “
In the new point 3.12.6, which adds the exception to former political prisoners, it does not specify any type of limit: “Transfers to bank accounts abroad of human persons who received funds in the country associated with the benefits granted by the National State within the framework of Laws 24.043, 24.411 and 25.914 and concordant “.
At the Central Bank they came out to clarify that this is not a generalized opening of the exchange market for these people. “They are specific cases, one or two, that had been pending.”
And they explained that “The Argentines who live abroad and received compensation are charged at their place of residence. It is the same case of retired Argentines who live abroad and who are paid at their place of residence. ”
In this case, if a person lives abroad and receives in Argentina a retirement of, for example, $ 70,000, you can transform that figure into dollars at the official exchange rate without the 30% surcharge, and transfer it to an account in your country of residence. In the Central Bank they point out that these are specific cases that started the procedures because they are about to collect said benefit and have a permanent residence abroad.
Jorge Carrera, the entity’s second vice president, through his personal Ttwitter account, indicated that “the pesos that could be exchanged for dollars at the official exchange rate and without surcharge are only for the amount of the compensation“.
“This treatment (which today reaches Argentine retirees residing abroad) is extended to the eventual compensation of non-residents, just as non-resident retirees or ambassadors are limited to the amount of what they show they received,” he emphasizes.
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