Last March we agreed to purchase a couple of paintings in Buenos Aires. One was about 14" x 20" and the other 3' x 5'. These were both oil paintings and not "street" art, but rather, fine art (accompanying image is a photo of the larger of the two). The smaller painting cost $200 US and the other $1,500 US. We left the larger one behind because it required restoration.
The seller packaged the smaller painting nicely, but he did not give us a receipt. When we got to the airport (EZE), the American Airlines clerk was very concerned that the painting would be confiscated because we did not have formal documentation evidencing that this was not a national treasure (!). Nor did we have documentation evidencing official permission to take our painting out of the country. He suggested that the police look at it before we took it through customs. Some police guy looked at it, shrugged and said it was up the the customs people upstairs. At this point we were quite nervous, not to mention irritated, but the customs people barely looked at it. My understanding is that some buyers of art have not been so lucky and have had "street art" confiscated or, at minimum, underwent considerable scrutiny before being allowed to depart with their treasure.
My understanding is that galleries are familiar with the regulations and procedures, however, it's not uncommon to buy art either from a vendor or artist at a street market or directly from an artist at his/her studio. I don't know if the artists are aware the regulations and/or the potential problems facing a buyer.
The formal steps required to get official approval to take art from Argentina are rather onerous:
1) Request a appraisal at the Banco Ciudad, which takes at least 24 hours, and,
2) With the appraisal in hand, submit a formal request at the Dirección de Artes Visuales, which is within the Ministry of Culture, to authorize the departure of the work, a procedure that takes about ten days.
I can't imagine that many people do this, but those who don't are at some risk . . . so be aware.
Note: As it turned out, a well qualified friend inspected the larger painting after the restoration was complete and advised us that it would not meet our expectations. So, we ended up declining the purchase. Had we concluded the transaction, I imagine we would have encountered considerable difficulty at the airport. The seller, a minor dealer, didn't say a word about it. As in all transactions, remember the doctrine of caveat emptor (buyer beware).
An article on this topic appears at this link (in Spanish): La Nacion
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