Banking, pensions and tax in Argentina
Argentina taxes residents on worldwide income, so foreign pensions pay 5% to 35% from the 13th month, and the UK State Pension is frozen there.
How your pension reaches a Argentina bank, what Argentina taxes, and what you still report at home. Checked against official sources on Oct 8, 2026.
- Tax on a foreign pension
- Up to 35% Foreign pensions are taxed. PwC Tax Summaries. Checked Oct 8, 2026.
- Top rate, local income
- 35% Over ARS 53,153,257. PwC Tax Summaries. Checked Oct 8, 2026.
- US Social Security
- Direct deposit SSA POMS. Checked Oct 8, 2026.
- UK State Pension
- Frozen GOV.UK. Checked Oct 8, 2026.
- Canada OAS
- Agreement Canada.ca. Checked Oct 8, 2026.
- US FBAR
- Over $10,000 Combined foreign accounts at any time in the year. FinCEN. Checked Oct 7, 2026.
Getting your pension paid in Argentina
United States
Social Security
Yes. Social Security can be paid straight into a bank in Argentina by international direct deposit: Argentina is on SSA's list of direct deposit countries.
SSA POMS. Checked Oct 8, 2026.
United Kingdom
State Pension
It can be paid to you in Argentina, but Argentina is not on GOV.UK's list of countries where the State Pension goes up every year, so it stays at the rate you first receive there.
GOV.UK. Checked Oct 8, 2026.
Canada
Old Age Security
Paid while you live outside Canada if you lived in Canada for at least 20 years after age 18. Canada has a social security agreement with Argentina, so periods in Argentina can help you qualify.
Canada.ca. Checked Oct 8, 2026.
Other countries: check whether your pension can be paid abroad, whether it keeps rising with inflation there, and whether your country has a social security agreement with Argentina.
How Argentina taxes you
Argentine tax residents pay income tax (Ganancias) on worldwide income, with a credit for tax paid abroad; non-residents pay only on Argentine income. A foreigner living in Argentina for reasons other than work becomes tax resident from the 13th month. Rates run from 5% to 35%; the bands below are for 2025, and from 2026 they are adjusted twice a year for inflation. Foreign dividends and interest are taxed at the same rates, while interest on savings accounts in Argentine banks is exempt. Residents also pay a yearly tax of 0.5% to 1% on worldwide personal assets above ARS 384,728,044.57 (2025). The income tax scale:
| Taxable income | Rate |
|---|---|
| Up to ARS 1,749,902 a year | 5% |
| ARS 1,749,902 to 3,499,803 | 9% |
| ARS 3,499,803 to 5,249,704 | 12% |
| ARS 5,249,704 to 7,874,557 | 15% |
| ARS 7,874,557 to 15,749,113 | 19% |
| ARS 15,749,113 to 23,623,670 | 23% |
| ARS 23,623,670 to 35,435,504 | 27% |
| ARS 35,435,504 to 53,153,257 | 31% |
| Over ARS 53,153,257 | 35% |
PwC Tax Summaries. Checked Oct 8, 2026.
What US citizens still report
US citizens file a US return on worldwide income wherever they live; there is no US income tax treaty with Argentina. Two reports cover money held abroad:
| FBAR (FinCEN Form 114) | Over $10,000 combined, any time |
| Form 8938, single, living abroad | Over $200,000 at year end or $300,000 any time |
| Form 8938, married filing jointly | Over $400,000 at year end or $600,000 any time |
FinCEN; IRS. Checked Oct 7, 2026.
Pension and tax questions
Can I get US Social Security paid in Argentina?
Yes. Social Security can be paid straight into a bank in Argentina by international direct deposit: Argentina is on SSA's list of direct deposit countries.
Will my UK State Pension go up each year in Argentina?
It can be paid to you in Argentina, but Argentina is not on GOV.UK's list of countries where the State Pension goes up every year, so it stays at the rate you first receive there.
Is my pension taxed in Argentina?
Yes. Tax residents pay income tax on worldwide income, including a foreign pension, at 5% to 35%, with a credit for income tax paid abroad. You become tax resident from your 13th month living in Argentina. US citizens still file a US return, and Argentina has no income tax treaty with the US.
Do I still file a US tax return?
Yes, US citizens file on worldwide income wherever they live, and report foreign accounts on an FBAR once they pass $10,000 combined at any point in the year.
Can I get US Social Security paid in Argentina?
Yes. Argentina is on Social Security's list of international direct deposit countries, so payments can go straight into a bank in Argentina.
Is my foreign pension taxed in Argentina?
Yes, once you are tax resident, from your 13th month living in Argentina. Residents pay income tax on worldwide income at 5% to 35%, with a credit for tax paid abroad.
Does the UK State Pension go up in Argentina?
No. Argentina is not on GOV.UK's list of countries where the State Pension rises every year, so it stays at the rate you first receive there.
Does Argentina have a wealth tax?
Yes. Residents pay 0.5% to 1% a year on worldwide personal assets above ARS 384,728,044.57 (2025 threshold), unless they joined the special prepayment regime.
