Argentines working abroad earn average US$2512 monthly, report reveals

A growing number of Argentines are finding employment with foreign companies through remote work, a trend that has surged significantly in recent years. A report by the digital wallet Takenos reveals that the base of such workers has tripled since 2023, accompanied by an astonishing 82-fold increase in the volume of foreign currency received.

The study, based on data from Takecard, Takenos's virtual dollar card, indicates that this work model is attracting younger individuals, with the median age for a first payment from abroad being 30. However, a substantial 45% of these workers begin receiving payments even earlier. Incomes in dollars have seen a considerable rise, increasing by over 40% in the last two years. Currently, the average monthly salary for a remote employee of an overseas company stands at US$2512. Freelancers, who typically juggle multiple clients, see an average of US$1613 across approximately three monthly payments.

Professionals in the IT sector are the most represented, accounting for 34% of remote workers. Other fields include professional services (10%), health and education (5%), marketing and advertising (4%), and entertainment and sports (4%). Smaller percentages are found in commerce and sales (3%) and finance (2.5%). Payments are predominantly made in U.S. dollars (90%), followed by euros and stable cryptocurrencies like USDT and USDC.

Geographically, the phenomenon is increasingly widespread. While 37% of these workers hail from Buenos Aires province and 28% from the capital city, significant numbers are also emerging from Córdoba (11%), Santa Fe (5.5%), and Mendoza (4%), with the remaining 14.5% spread across other provinces. "Work for abroad has stopped being a phenomenon concentrated in a few sectors or cities. The data show a diverse, federal community increasingly integrated into the global digital economy," said Isabel Weiss, marketing director at Takenos.

Analysis of spending patterns through Takecard shows that travel, including flights, hotels, and Airbnb, is the largest expenditure category at 22.6%. Retail and shopping follow at 9.9%, with gastronomy at 8.3%, and subscriptions and software at 8%. Supermarket expenses account for 3.1%.

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Work for abroad has stopped being a phenomenon concentrated in a few sectors or cities. The data show a diverse, federal community increasingly integrated into the global digital economy.