The tech billionaire strengthens his ties with the libertarian government and has already moved part of his life to Buenos Aires.
But beyond defensive factors, Thiel's circle highlights an ideological affinity with the model promoted by Milei. Both share a critical view on taxes, state interventionism, and leftist policies.
This coincidence translated into personal meetings, such as the one held in 2024, facilitated by the current Argentine ambassador to the United States, Alec Oxenford.
The tech billionaire Peter Thiel will relocate to live in Argentina, enchanted by Argentina and the policies of the Government of Javier Milei, reflecting the growing international appeal of the libertarian direction.
In recent weeks, Thiel not only participated in everyday activities in the city of Buenos Aires, such as a chess tournament at the traditional local club, but also made significant decisions that mark a significant life change. The entrepreneur left his residences in Los Angeles and Miami to settle in the Argentine capital.
During this period, the tech founder held direct meetings with President Milei and members of his cabinet, consolidating a political and ideological relationship.
He also acquired a property in one of the city's most exclusive neighborhoods and organized private meetings with local economists, where he even addressed personal and philosophical topics.
According to people close to him, Thiel views Argentina as a strategic alternative in the face of an uncertain global scenario.
The combination of international tensions, risks such as nuclear war and the development of artificial intelligence, along with regulatory changes in the United States, are part of his concerns. In this context, the South American country appears as a viable option within his vision of a “plan B.”
The shift towards Argentina is also linked to his concern about the direction of the United States, particularly in California, where an initiative is being debated that could impose a significant tax on billionaires.
In response, the entrepreneur intensified his search for alternatives outside that state and began to seriously consider relocating to Buenos Aires about a year ago.
Milei himself defined that bond in ideological terms after a recent meeting: “It was an anarcho-capitalist who met another anarcho-capitalist who is bringing things to life.”
At the same time, the entrepreneur has already taken concrete steps to establish himself in the country. According to reports, he relocated his family and enrolled his children in a local school, reinforcing the idea of a prolonged stay.
Additionally, he held meetings with key officials such as the Minister of Economy, Luis Caputo, and the Minister of Deregulation, Federico Sturzenegger.
The arrival of figures like Thiel is a clear signal of renewed confidence in Argentina's economic direction under Milei's Government.
In this sense, the presidential spokesperson, Manuel Adorni, was categorical: “All billionaires in the world who want to flee increasingly regulated countries, with higher taxes and governments that persecute their citizens, are welcome in the Republic of Argentina, the new land of freedom.”
In this context, Thiel's relocation becomes a symbol of Argentina's new international positioning, which under Milei's management seeks to attract investments and become a reference point for those betting on freer and deregulated economies.
