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Fortune

Business

Nick Lichtenberg

‘Really wealthy Americans will be embarrassed' not to have an Argentine passport, program designer predicts

Argentina Fortune United States Apex

jm (Credit: Magali Cohen / Hans Lucas / AFP via Getty Images)

A consultant who helped design Argentina’s new citizenship-by-investment program predicts it will become a status symbol for wealthy Americans.

“I expect that the Argentina program will become so popular with the American [high-net-worth individuals] that really wealthy Americans will be embarrassed if they do not have an Argentina passport,” said Nuri Katz, founder of Apex Capital Partners, told Fortune on Friday.

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