Peter Thiel has moved his family to Argentina, purchasing a historic mansion in Buenos Aires for approximately $12 million. The property, located in the upscale Barrio Parque neighborhood, spans about 17,200 square feet and was designed by architect Alejandro Bustillo. Thiel's relocation comes amid his concerns about the future of the United States, particularly regarding potential tax increases in California and broader political and economic instability. Thiel, who has a history of acquiring alternative citizenships, is reportedly considering Argentina as part of his contingency plans. His decision is influenced by fears of political instability, nuclear risks, and rising anti-AI sentiment in the U.S. Thiel has previously obtained New Zealand citizenship and applied for a Maltese passport, reflecting his strategy to hedge against risks in the U.S.