Argentina approves Super RIGI law to attract $1 bn strategic investments

The Argentine Chamber of Deputies passed the "Super RIGI" law with 130 votes, creating a new incentive regime for high‑value strategic projects. The legislation requires a minimum investment of $1 billion, with at least 20 % of that amount to be spent in the first two years, in exchange for a package of tax, currency and customs benefits. Key incentives include a reduction of corporate income tax from 25 % to 15 %, accelerated depreciation (60 % in the first year, 20 % in the next two), total exemption from export duties and tariff‑free imports of required inputs. The law targets sectors such as artificial intelligence, mega‑data centers, the lithium supply chain, battery manufacturing, green hydrogen, small modular nuclear reactors and aerospace. Deputy Lisandro Almirón said, “El Super RIGI no es solo una herramienta fiscal, es el motor que va a transformar el potencial de nuestros recursos”.

Opposition deputy Guillermo Michel warned that the regime could “peruanizar” the economy, marginalize the middle class and concentrate benefits in a few sectors, arguing that “Quieren una Argentina sin clase media”. He also criticized the accompanying approval of payments to sovereign‑debtor “vulture” funds, claiming it relinquishes national legal jurisdiction.

The law now moves to the Senate for final approval, positioning Argentina as a potentially more predictable partner for large‑scale industrial investments.