Peter Thiel Buenos Aires Move: Family Relocates to Argentina, Plans 58

Peter Thiel Buenos Aires move has brought the billionaire tech investor and Trump donor to Argentina, where he has temporarily relocated his family and established a foothold in Buenos Aires. He has also bought a mansion in one of the city’s most exclusive neighborhoods.

Over the past 2 months, Thiel has met with President Javier Milei and his ministers, while also enrolling his children in a local school. A Saturday tournament at the Buenos Aires chess club added a small public glimpse of his new routine, where one participant said he “did not play badly.”

Buenos Aires and Milei

Thiel’s move has taken him from homes in Los Angeles and Miami to a capital where the Argentine government has explored offering him permanent residence or even citizenship. Manuel Adorni said last month before congress that “All billionaires of the world who want to flee countries increasingly regulated, with higher taxes and governments that persecute their citizens, are welcome in the Argentine republic, the new land of freedom,” and said Thiel was “interested in the deep reforms that we are bringing forward.”

Those comments place Thiel inside a larger Argentine push to attract major investors. Argentina is working to establish a golden passport program for people who make large investments in the country, a policy that could make Buenos Aires more than a temporary stop for wealthy arrivals.

Plan B Thinking

Two people familiar with his thinking say Thiel is considering making Argentina another Plan B, a phrase that fits his earlier steps overseas. He received citizenship in New Zealand in 2011 and applied for a passport in Malta in 2022.

His interest in Argentina is tied partly to concern about the direction of the United States, especially California, where a November ballot initiative could lead to a significant tax on billionaires. Argentina also fits his view of a place that could serve as an escape hatch from nuclear war and runaway artificial intelligence.

For now, the practical change is simple: Thiel has shifted family life into Buenos Aires, placed his children in school there, and started building a base in a country whose government is openly courting people with deep capital. That leaves his next move shaped by two tracks already in motion: Milei’s reforms in Argentina and the tax fight in California.