Peter Thiel moved to Argentina, according to Buenos Aires Times
Tech magnate Peter Thiel has moved to Argentina, according to the Argentine newspaper Buenos Aires Times. In April, the country’s president, Javier Milei, received Thiel at the Casa Rosada government palace. The publication notes that this was the third personal meeting between Milei and Thiel and views it as a de facto announcement of the businessman’s relocation.
A house in Buenos Aires
According to the publication, Birkdale Emprendimientos S.A.U., founded on July 2, 2025, by Marcos Cardoso and lawyer Martín Rodrigo Quintanar, purchased a house at 2928 Dardo Rocha on August 20 of the same year for $13.5 million. Buenos Aires Times writes that Thiel was to settle in this house.
According to information obtained by the publication after requests to Argentina’s legal entities oversight body, the IGJ, Thiel Capital general counsel David Wiloq and chief financial officer Will Tipton were behind the transaction.
Palantir Technologies registered a trademark in Argentina on June 6, 2022. In its application, the company listed services related to cloud software, artificial intelligence, the processing and monitoring of geospatial data, as well as solutions for engineering and national security.
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Deregulation and private cities
The authors of the publication link Thiel’s interest in Argentina to the Milei government’s policy of deregulation and technological investment. In particular, they mention the Super RIGI program for major investments in data centers. According to the publication, it provides for a 15 percent income tax rate, zero export duties, free disposal of currency, and international arbitration for investments exceeding $1 billion.
The government also announced changes to corporate legislation that were intended to create a legal framework for enterprises managed by algorithms or artificial intelligence without employees or human management. At the same time, as Buenos Aires Times notes, the text of the initiative contained provisions on companies being managed by natural persons or legal entities.
The publication also writes that supporters of the private city model viewed Argentina as a possible site for such projects. Gabriel Delgado Ayau, one of the founders of the Honduran Próspera project, met with Argentine government representatives, including the president’s then-chief adviser, Demian Reidel. Sources close to Reidel told the publication that no important issues were discussed during this meeting.
