The founder of PayPal and Palantir Technologies held a meeting with Luis Caputo, José Luis Daza, and Santiago Bausili to analyze the current economic situation and the global geopolitical landscape.
Tax Benefits: The Income Tax will be drastically reduced to 15% (compared to the 25% of the traditional RIGI).
Accelerated Amortization: A scheme of 60% in the first year and 20% in each of the following two years will be allowed.
Customs Exemptions: There will be a total exemption from export duties from the start of the project, and tariffs for necessary imports for the startup will be eliminated.
Federal Agreement: The National State will seek for provinces and municipalities to adhere, committing to keep the rate of Gross Income Tax (IIBB) below 0.5% and ensuring that municipal rates are not calculated on sales.
Although the Chamber of Deputies indicates that there is still no definitive date for the project's entry, the political signal is unequivocal. Under the management of Javier Milei, Argentina has ceased to be an international pariah to become the preferred destination for visionaries who, like Peter Thiel, see economic freedom as the only way out of global stagnation.
In a context of reconfiguration of the international landscape, the National Government has taken a fundamental step to consolidate Argentina as a hub for the most sophisticated capital on the planet. The Minister of Economy, Luis Caputo, received Peter Thiel, the influential co-founder of PayPal and Palantir, on the fifth floor of the Ministry of Finance to deepen a strategic alliance that transcends commercial interests and is at the heart of the new geopolitics of freedom.
Accompanied by the Secretary of Economic Policy, José Luis Daza, and the President of the Central Bank of the Argentine Republic (BCRA), Santiago Bausili, Caputo described the meeting as an “Excellent meeting”, where “numerous topics of current economic and geopolitical relevance” were discussed. This meeting adds to a series of high-level contacts that the libertarian magnate has maintained with the national administration since his arrival in April, including direct meetings with President Javier Milei.
The fascination of Peter Thiel for the Argentine transformation process is not coincidental. According to sources with direct access to the presidential office, the businessman believes that Argentina under Milei “can be a refuge in the event of a world in crisis”. This vision is shared by other figures in Thiel's circle, such as Alejandro Oxenford, Argentine ambassador to the United States, who revealed that the magnate was “impressed” by libertarian ideas, stating that “he believes that Javier Milei's ideas are as globally relevant as they are for Argentina”.
Thiel's interest has been institutional and sustained. On April 23, he participated in a key summit with President Milei and Foreign Minister Pablo Quirno, which also included Matt Danzeisen, portfolio manager of Thiel Capital LLC, and Matias Van Thienen, partner at Founders Fund. Recently, presidential advisor Santiago Caputo also had an exchange with the businessman to analyze the technological dynamics and the strategic positioning of the country in the new world order.
To capitalize on this interest from leaders in Silicon Valley, the Government is preparing a legislative offensive that promises to revolutionize the business climate: the “super RIGI”. This new bill, which will soon be sent to Congress, aims to surpass the benefits of the current Incentive Regime for Large Investments (RIGI) to attract still undeveloped technological and strategic sectors.
Among the technical details of this fundamental piece of the economic architecture of Freedom are:
