Dear Everyone,
We're thinking of selling our apartment and have found that it's not as easy as we thought...
Liz and I live between the U.K. and Buenos Aires. She has dual nationality and I'm a UK citizen. The apartment is in her name. Yesterday we met our escribana who told us that it is not possible for an Argentine to repatriate U.S. dollars to her bank account in the UK and that means that we can't sell the flat except in the unlikely event that someone wants to buy it with money already outside of Argentina.
So we wondered what the situation would be if she gifted the apartment to me as a foreigner... could I then send the sale proceeds to my UK bank account?
Or are we most likely stuck in limbo being unable to repatriate the US$ at all? I appreciate that the result of the election could change everything but I'd like to start to understand what is and what's not possible for now.
Any thoughts and advice would be much appreciated.
Peter