Historically, the dollar is the favorite refuge of Argentine savers due to the
instability of the local economy
.
But in recent years, the Central Bank of the Argentine Republic (BCRA) has been taking different measures to
restrict access
and thus
reduce the demand
for US currency.
These limitations, added to the recent rise in the blue dollar, which is currently trading at $467 and the high inflation that has been registered in the country for some time, have generated a state of bewilderment
and permanent
concern
in society
.
In this context, many Argentines, including
retirees
, wonder
whether or not they are entitled to purchase savings dollars
and MEP dollars, which are
the cheapest
on the market and
legally accessible
.
The dollar is the preferred refuge for Argentine savers due to the instability of the local economy.
Photo: File.
How do I know if I can buy dollar savings?
At the
beginning of every month,
the banking entities
enable the savings dollar quota
, which is currently listed at
$232
.
Anyone, not just retirees, can check whether
or not they are qualified to buy dollar savings
by processing the Negative Certification voucher online.
This is a
voucher issued by ANSES
and
valid for 30 days
.
If when entering the data, the notification "It is not possible to issue the negative certification"
appears
, it means that
you can access the purchase of dollar
savings.
On the other hand,
if you allow the negative certification to be issued,
it means that
you are not authorized to buy.
The reason is to be part of the following groups with these characteristics:
Not having sufficient economic capacity
to operate in the exchange market, according to the parameters established by the entity with which it operates.
Have no
declared income.
Be co-owners of bank accounts.
Have requested to maintain the
subsidies in service rates
(natural gas, electricity or drinking water).
Having received ATP benefits
-for people with commercial activity or employed people whose companies have received it-.
It must be taken into account that, if the employer obtained the ATP benefit, the restriction is in force even if it is no longer received or the loan has been repaid.
Have made
purchases with credit cards in foreign currency
for the monthly quota of US$ 200 or more than the quota.
Keep in mind that when the quota is exceeded, you will not be able to access the purchase of foreign currency until the months have elapsed to compensate the monthly quota of US$ 200.
Those who have a
12-installment payment plan
for credit card debts.
Every month, the banks enable the savings dollar quota so that people can purchase up to US$200. Photo: Andrés D'Elia
Have
pledge or mortgage loans in UVA
with refinancing.
This is valid for the entire system and not just for one entity.
That is why you must verify the situation both in the entity with which you want to operate and in the rest.
You can check your situation in the Debtors Central.
Having received
IFE subsidies
(according to information provided by ANSES).
Have received
subsidies from PAMI
.
Those who have entered the new
pension moratorium
.
Those who bought
MEP or CCL dollars
in the last 90 days.
Those who purchased
cryptocurrencies, negotiable obligations or Cedears
in the last 90 days.
Not having a registered
CUIT number
, that is, there is no tax information from the Federal Agency for Public Revenue (AFIP).
You can contact ANSES, AFIP, Ministry of Labor or PAMI to see if you had any direct or indirect benefit that does not allow you to access the exchange market.
To find out if you are eligible to buy dollar savings, you can process a Negative Certification voucher.
Photo illustration Shutterstock.
How to get the ANSES Negative Certification in 4 steps?
1.
Enter the official page of ANSES.
2.
Select the "Negative certification" option at the start.
3.
Click on "Enter the consultation".
4.
Place CUIL number and period to consult.
Remember that you can consult for a period within the last 6 months and not before.
If none of the benefits mentioned above is registered, the complete list will appear and the message: "It is possible to issue the certification" or "It is not possible to issue the certification".
You must click on "download certificate" to obtain the certification, and print it if necessary.
Savings dollar and MEP dollar: how many bills can a retiree buy?
The dollars that a retiree can buy today will depend, beyond the restrictions mentioned above, on the
amount that he collects for his retirement assets
and if he has
another type of income
, such as rent.
In the case of the savings dollar,
they can buy up to US$200 per month
, just like all the rest of the Argentines.
Meanwhile, the minimum amount of income that each bank must have, although it may vary, is two
minimum wages, vital and mobile
, which is currently
of
$80,342
.
In this way, those retirees who only
earn the minimum and have no other type of income
will not be able to buy dollar savings.
On the other hand, in the case of the
MEP dollar
which is currently trading at around $431, the amount a retiree can buy is
what they can justify
, so
there is no defined "limit"
.
Also known as
stock dollars,
they are acquired through a
simple operation
with the purchase of an asset that is quoted in both currencies and then sold in the desired currency.
By way of example, to buy the MEP dollar, an asset such as the GD30 bond in pesos is acquired and then it is sold in its variant "D" (GD30D) to obtain dollars.
The details and the
step by step to buy them
are explained in the following note: "MEP dollar: what it is and how to buy it online, without limits and legally".
However, in recent times, some
restrictions have also been imposed to
buy MEP dollars
, so those who:
Have purchased savings dollars
in the last 90 days.
Are
beneficiaries of AUH or social plans
.
They do not have
declared income
.
Maintain or have applied
for electricity and gas rate subsidies
.
In this way, those who want to become dollarized through the MEP must voluntarily renounce the subsidies and thus access the currency.
Those who have
entered the new pension moratorium
.
They have
a debt or a debit bond in pesos or dollars
, only those who use their own money can do so.
LN
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