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US Real Estate Buyers are Social Distancing As Far Away As Uruguay

As the pandemic’s long-feared second wave comes crashing down on us like a mammoth breaker pounding a cracker box coastal village, some real estate shoppers are looking for values far from the densely-packed districts that are their customary areas of interest. How far? How about Uruguay? As in the South American nation of 3.5 million inhabitants nestled between Argentina on the south and southwest, and Brazil on the north and east? Uruguay is not exactly a hop, skip and jump from places like Miami or…

Smart Apartments Are No Longer A Luxury

This article series spotlights key business trends identified by the expert members of Forbes Councils. The Covid-19 crisis has significantly disrupted the real estate industry, especially when it comes to multi-unit apartment buildings. With approximately 100’s of millions of jobs lost, many renters are struggling to make ends meet, and affordable housing – which was already in short supply – is now even more vital. Furthermore, preventing viral spread through social distancing has…

Using soft porn to sell Residential Real Estate?

Australian Real Estate practises have always raised a few eyebrows over the years but is this taking it to a new level. The company that commissioned this video has an appropriate name “LJ Hooker”. The thing is that often these non-traditional ideas work which is why brokers sometimes use them. This video went viral and has paid off big time for the owners, who have secured A$1.72 million (NZ$1.83m) prior to an approaching auction. The home sold to a 23-year-old first home buyer (that probably tells…

How to Invest in Uruguay Real Estate and Obtain Tax Residency

Uruguay is considered one of the most stable economies in Latin America. With the second-highest minimum wage, and the third-highest Human Development Index of the region, the country positions as an attractive destination for foreigners looking to settle, buy real estate, or obtain a tax residence in Uruguay.   Likewise, the cost of properties in Uruguay tends to be lower than in other Latin American nations and the purchasing process is not as complicated as in neighbouring countries. Because of this,…

Coronavirus Deals: 5 Cheapest Places To Buy Real Estate Now (And Make Money)

Have you ever dreamed of buying a house—for cheap—in a foreign country and moving there to live the expat life? Or buying an investment property and renting it out? Or getting a fixer-upper and flipping it for big bucks down the road? This could be your moment. While the coronavirus pandemic has been devastating, it has also had a silver lining by creating real estate bargains around the globe at a time of unprecedented low interest rates. “Nothing like the coronavirus crisis has come along before,”…

Uruguay, Paraguay, Argentina get best marks in Latin America for the pandemic response – poll

Uruguay, Paraguay and Argentina are the Latin American countries that earned the best grades for their response to the coronavirus, according to a poll conducted in the region and released on Friday, while Brazil was tagged as the worst performer.  The survey by the consulting firm Trespuntozero, to which Reuters had exclusive access, shows that in eight of the 10 countries in which the study was conducted, the respondents considered Uruguay one of the best controllers of the pandemic.  According to the…

PERCEPTIONS ON DOING BUSINESS IN LATIN AMERICA: CAUTIOUS OPTIMISM FOR FUTURE GROWTH AND OPPORTUNITIES

In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. We received a range of responses from 75 business owners, executives, government officials and other specialists operating in over 40 countries worldwide. 57.3% of respondents are considering expanding into the region in the future, with many expressing cautious optimism at economies’ abilities to bounce back after the COVID-19 pandemic. Find out what…

Uruguay’s COVID 19 success: ‘But we cannot cry victory just yet’

One of few countries in Latin America that appears to have the pandemic under control After attending a high society wedding earlier this year with more than 500 members of Uruguay’s elite, a well-known interior designer — just returned from trips to Madrid and Milan — tested positive for Covid-19.  The dramatic news was splashed all over the newspapers of the country whose windswept Atlantic beaches are a favoured party destination of the international jet set. The gravity of…

Beware, working from home has productivity pitfalls for companies

The three great enemies of working from home. A recent survey of mid-sized companies estimate that the productivity of customer-facing people had reduced by up to 25% as some do not have the technology to enable them to work remotely … some have sub-optimal home setups, and some have reduced availability due to childcare needs.  Family togetherness not ideal During the lockdowns, entire families were forced to stay home together much of the time. This not an ideal way to maintain productivity. On that…

Want to invest in Uruguay?

Beyond the emotional elements, the investor must analyze the advantages each country offers. Investors are becoming more aware that foreign investment competition is fierce among countries, especially those located in the same geographic area; therefore comparing the advantages offered by each and every country is very good to finally decide the best option. The American Nobel prize winner, Milton Friedman (economist) quoted ”Investors in the current context are like consumers, they are benefited because…

For less than USD 400,000, you can now get Uruguay tax residency

Starting in July, foreigners who live at least 60 days a year in Uruguay and buy real estate valued above 3.5 million inflation-linked UI — currently equivalent to $378,000 — will qualify for tax residency. Newcomers can also obtain residency by investing more than 15 million UI in a business that creates at least 15 full-time jobs.  Uruguay will soon be even more welcoming to wealthy foreigners looking for a new home following a presidential decree that makes it cheaper to obtain tax residency…

The latest Real Estate Options for South America

South America's Real Estate Specialists
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We offer South American real estate investment opportunities in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay. Click on the Red Links above for our latest options. We know buying South American Real Estate has specific rules for foreign citizens, rules we are familiar with and have worked with extensively. This is why we have created a programme to guide international buyers through the whole process of purchasing real estate in South America, from finding properties for sale to helping clients comply…

The Future is here Now

Our children and grandchildren should read this and understand what will change as the future is here now. They must  keep their eyes open for opportunities and maybe leave law school before it is too late!! From Udo Gollub after the Singularity University Summit: This makes one think of the coming possibilities… In 1998, Kodak had 170,000 employees and sold 85% of all photo paper worldwide. Within just a few years, their business model disappeared and they went bankrupt. What happened to Kodak will happen…

Uruguay Investor Guides

INVESTOR’S GUIDE Uruguay has become a reliable and attractive destination for foreign investors. Start to work in the best country to invest in.  Political and social stability Macroeconomic soundness Access to an expanded market Attractive schemes for the investor Ease of doing business Modern infrastructure Leader in technology Talent availability A country to live in Uruguay Tax System Setting up a Company The Business Invironment International Agreements Labour Guide Investment Promotional Systems…

Why is Uruguay beating Latin America’s coronavirus curse?

Stricken neighbours take note – Uruguay has not only contained the outbreak, it has done so without a lockdown, harsh quarantines or heavy-handed policing. As the novel coronavirus cyclones through Latin America, it has staggered almost every nation. So how to explain Uruguay? Its infection rate of 2.1 cases per million inhabitants is the second lowest in South America and already falling, with just 22 fatalities by May 27. Ahead of many of its neighbours, Uruguay is already glimpsing a safe return to economic…
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