President Javier Milei’s government has eliminated one of the most restrictive limits on foreign-earned income: from now on, Argentines who provide services abroad—freelancers and remote professionals—are no longer bound by the $36,000 annual cap for dollar transfers. This decisive reform is part of a broader effort to liberalize the economy, encourage the export of services, and reduce financial barriers under Milei’s leadership.

The Central Bank of Argentina (BCRA) confirmed that individuals with foreign income are no longer required to convert amounts over $36,000 into pesos. Previously, any earnings above that ceiling had to be liquidated in the official market. Milei’s administration made this change to simplify operations, boost competitiveness, and strengthen Argentina’s role in the global digital economy.

The reform also prohibits Argentine banks from charging fees for crediting foreign currency income into foreign currency accounts. No commissions will apply to these transactions, except when foreign institutions impose costs. In such cases, only the actual expense documented by the foreign bank may be passed on to the client.

This measure provides immediate relief for thousands of professionals in technology, consulting, engineering, and creative industries who often exceeded the previous limit. It incentivizes formal service exports, attracts foreign currency through legal channels, and eliminates obstacles that once forced many workers into informal markets.

In a context of inflation and currency pressures, Milei’s decision sends a powerful signal: his government is committed to openness, personal freedom, and restoring trust in Argentina’s economic policies. By reducing state-imposed restrictions, Milei is building the conditions for sustained growth, competitiveness, and global integration.