Foreign Exchange Restrictions Now Eased

On September 18, 2025, the Argentine Central Bank (BCRA) issued Communications “A” 8330 and 8331, which ease certain foreign exchange restrictions for both individuals and legal entities.
 

Communication “A” 8330:

• eliminates the annual limit of USD 36,000 for individuals wishing to retain the proceeds from service exports in foreign currency,
• prohibits banks and exchange houses from charging commissions for crediting foreign currency inflows to accounts held by resident individuals (except for duly documented external costs),
• extends the deadline to bring in and settle export proceeds from lubricating oils, electric power, and certain petroleum derivatives (excluding crude oil, biodiesel, and waste) from 30 to 180 days.

Communication “A” 8331:

• adds new cases allowing access to the foreign exchange market for the repatriation of direct investments by non-residents aimed at acquiring local companies (excluding financial institutions).
• regulates the acquisition of non-resident companies whose sole asset is an Argentine company under specific conditions (change of residence, restrictions on profit distributions, and mandatory settlement upon resale).
• authorizes access to the foreign exchange market for acquiring interests in natural resource concessions, subject to specific requirements regarding terms, percentages, and documentation.