It’s where you dollar goes furthest this year, and now the country has lifted big entry fees, to boot.

By Nikki Ekstein
March 29, 2016
Getty Images/Robert Harding World

2016 is Argentina’s year—at least when it comes to American tourism. This year, Americans can expect to save up to 40 percent on a vacation to the land of Malbec compared to last year, thanks to a favorable exchange rate. (See details on that, and 14 other countries where the exchange rate is strong, here.)

Now the offer has gotten even more enticing. Following Obama’s visit to Buenos Aires, the country is suspending its reciprocity fee—a $160 levy for visiting Americans—for at least the next three months. Speculation says that at this point, an executive order will extend the fee waiver program indefinitely.

Since 2008 when it was first introduced, the fee has been seen as a way to compensate for the visas required of Argentine travelers coming to the United States. Now that Obama is considering adding Argentina to the U.S. Visa Waiver program, the fee may no longer serve its tit-for-tat purpose. Even then, eliminating the reciprocity fee seems to be a strong a sign of good will, as Argentina can’t be inducted into the Visa Waiver program until early 2017.

Business and leisure travelers headed south can officially take advantage of the savings as of March 24, 2016.