I need 200 dollars asap
The USD 200 quota to buy savings dollars is renewed: who can access it and at what price does each bank sell it?
The “solidarity” dollar is paid at an average of $198.41 in banks and exchange houses
The first business day of May arrived and with the new month the monthly quota was renewed so that Argentines can access the purchase of USD 200 , in the universe of savers who are allowed to access the Single Free Exchange Market (MULC).
In the average number of banks reported by the BCRA, the dollar for savings is offered at $120.25, which is paid at $198.41 due to the 65 percent tax burden.
In this way, small savers must allocate about $39,682.81 to obtain the maximum allowed of $200.
The fifth month of the year once again positions the “solidarity” or “savings” dollar as the cheapest option for retailers , given that the MEP dollar is agreed at an average of $205.99, while the “cash with liquidation” , to leave foreign currency credited outside the domestic financial system, reaches 206.96 pesos. And the free dollar is now paid at $200.50 in the "caves" of downtown .
The cheapest dollar, with price data from last Friday compiled by the Central Bank, is offered by "Changes Online" at $117.60 per unit, which becomes $194.04 per unit after taxes. To buy USD 200 you need, at that price, 3,808 pesos.
With the start of the new month, it is common for individuals to increase the demand for foreign currency. With the reopening of the monthly quota of up to USD 200 that the exchange regulations allow individuals to acquire the "solidarity" dollar, which arises from the official exchange rate plus the commission of up to 5% charged by the bank for intermediation, plus a 65% surcharge for taxes and perceptions.
Solidarity , however, is subject to a whole series of obstacles . First, the Central Bank allows purchases of USD 200 maximum per month. And that limit can be even lower if the saver made purchases in dollars -for example, online services- with a card. Each dollar of consumption is subtracted from the quota, to the point that if those consumptions in foreign currency exceed the monthly limit allowed for hoarding, not even a dollar can be purchased. But it is not the only restriction.
The cheapest dollar, with price data from last Friday compiled by the Central Bank, is offered by "Changes Online" at $117.60 per unit, which becomes $194.04 per unit after taxes. To buy USD 200 you need, at that price, 3,808 pesos.
With the start of the new month, it is common for individuals to increase the demand for foreign currency. With the reopening of the monthly quota of up to USD 200 that the exchange regulations allow individuals to acquire the "solidarity" dollar, which arises from the official exchange rate plus the commission of up to 5% charged by the bank for intermediation, plus a 65% surcharge for taxes and perceptions.
Solidarity , however, is subject to a whole series of obstacles . First, the Central Bank allows purchases of USD 200 maximum per month. And that limit can be even lower if the saver made purchases in dollars -for example, online services- with a card. Each dollar of consumption is subtracted from the quota, to the point that if those consumptions in foreign currency exceed the monthly limit allowed for hoarding, not even a dollar can be purchased. But it is not the only restriction.
who can buy
In the course of the various provisions sanctioned by the Government to assist individuals and companies due to the pandemic, together with the increasingly rigid rules of the exchange rate, many people were prohibited from buying the USD 200 per month or, if they do, they will have other restrictions.
Monotributistas with ongoing loans. The monotributistas who have processed credits at rate 0 or owners of SMEs who have received credits at 24 percent will not be able to buy dollars for savings.
Those who do not have declared income. Before authorizing the sale of dollars, banks are required to consult the database to find out if their client has declared income that justifies the operation, to avoid transactions with silver "in black" or belonging to third parties who wish to evade the quota. . The latter was the case of the "digital coleros", on which the BCRA has proceeded to initiate investigations and prohibit the exchange operation.
Those who bought the MEP dollar or “Bolsa”. Those who became dollarized through the purchase of bonds in pesos to be settled in dollars, are prevented from buying “solidarity” dollars during the 90 days after the operation. At the same time, it should be noted that it is also not allowed to buy the MEP dollar or "Bolsa" for those who have purchased a "solidarity" dollar in the previous 90 days.
Those who received their salary through the ATP Program. Workers in a dependency relationship of a company adhering to the Emergency Assistance to Work and Production Program cannot buy dollars for savings since the ATP is considered as part of social assistance in the framework of the pandemic.
Those who received social plans. Those people who received the IFE (Emergency Family Income) or the AUH (Universal Child Allowance) are excluded from the option due to the quota of formal dollars. This restriction prevents the purchase of dollars for savings to a universe of 8.9 million IFE beneficiaries and 1.8 million for AUH.
Credit card debtors with a payment plan in 12 installments. It is estimated that some two million bank customers use credit cards to cover expenses, given the economic difficulty presented by the restrictions due to the pandemic. Due to the growth of defaults, in September of last year the Government promoted the refinancing of the balance of the credit card for 12 months, at a nominal annual rate of 40% plus VAT, quite accessible if inflation close to 50% is contemplated. annual. Those who are fulfilling the payments of this debt cannot buy dollars.
In the course of the various provisions sanctioned by the Government to assist individuals and companies due to the pandemic, together with the increasingly rigid rules of the exchange rate, many people were prohibited from buying the USD 200 per month or, if they do, they will have other restrictions.
Monotributistas with ongoing loans. The monotributistas who have processed credits at rate 0 or owners of SMEs who have received credits at 24 percent will not be able to buy dollars for savings.
Those who do not have declared income. Before authorizing the sale of dollars, banks are required to consult the database to find out if their client has declared income that justifies the operation, to avoid transactions with silver "in black" or belonging to third parties who wish to evade the quota. . The latter was the case of the "digital coleros", on which the BCRA has proceeded to initiate investigations and prohibit the exchange operation.
Those who bought the MEP dollar or “Bolsa”. Those who became dollarized through the purchase of bonds in pesos to be settled in dollars, are prevented from buying “solidarity” dollars during the 90 days after the operation. At the same time, it should be noted that it is also not allowed to buy the MEP dollar or "Bolsa" for those who have purchased a "solidarity" dollar in the previous 90 days.
Those who received their salary through the ATP Program. Workers in a dependency relationship of a company adhering to the Emergency Assistance to Work and Production Program cannot buy dollars for savings since the ATP is considered as part of social assistance in the framework of the pandemic.
Those who received social plans. Those people who received the IFE (Emergency Family Income) or the AUH (Universal Child Allowance) are excluded from the option due to the quota of formal dollars. This restriction prevents the purchase of dollars for savings to a universe of 8.9 million IFE beneficiaries and 1.8 million for AUH.
Credit card debtors with a payment plan in 12 installments. It is estimated that some two million bank customers use credit cards to cover expenses, given the economic difficulty presented by the restrictions due to the pandemic. Due to the growth of defaults, in September of last year the Government promoted the refinancing of the balance of the credit card for 12 months, at a nominal annual rate of 40% plus VAT, quite accessible if inflation close to 50% is contemplated. annual. Those who are fulfilling the payments of this debt cannot buy dollars.
exemptions
In December, the AFIP incorporated non-profit entities and cooperatives among the subjects not covered by the income tax and personal property tax on-account regime, for operations carried out in foreign currency. That means that they will no longer pay the 35% perception for the purchase of dollars, and they will be able to buy it cheaper.
Through General Resolution 5123 published in the Official Gazette , the AFIP decided as of today to limit Income Tax payments to consumption in dollars with cards, tourism and tickets abroad.
Those who will not receive payments for spending in dollars with debit and credit cards that pay in pesos, for the purchase of tourism services abroad, tickets abroad, among others, are:
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In December, the AFIP incorporated non-profit entities and cooperatives among the subjects not covered by the income tax and personal property tax on-account regime, for operations carried out in foreign currency. That means that they will no longer pay the 35% perception for the purchase of dollars, and they will be able to buy it cheaper.
Through General Resolution 5123 published in the Official Gazette , the AFIP decided as of today to limit Income Tax payments to consumption in dollars with cards, tourism and tickets abroad.
Those who will not receive payments for spending in dollars with debit and credit cards that pay in pesos, for the purchase of tourism services abroad, tickets abroad, among others, are:
KEEP READING:
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