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Uruguay ranked among the best countries for investing

According to one of the world’s leading financial magazines, Uruguay remains “a haven of stability in a volatile region.” The report featured experts’ opinions in a regular survey, who were asked to evaluate 174 countries quarterly. The British magazine Euromoney delivered a report “providing a useful measure of relative risk for investors around the world,” according to which “Uruguay is the 18th safest country on the planet” and “the safest country” in Latin America to…

IMF report praises Uruguay’s economy and answers to the covid-19 crisis

The International Monetary Fund (IMF) has audited Uruguay’s economy and was full of words of praise for the South American country, it was reported Wednesday These type of review missions are carried out once a year, regardless of whether a country has borrowed from the IMF or it has not. Uruguay cancelled its debt with the organization in 2006. The IMF highlighted that Uruguay “enjoys a mature democracy, strong institutions, good governance and a high degree of social cohesion,” in addition to a…

WHY AND HOW TO FORM A BRANCH IN URUGUAY

When expanding into Uruguay, foreign investors must decide what type of entity best suits their needs. For anyone keen to avoid full company incorporation, but with an operation too large to be supported with payroll outsourcing alone, one of the best solutions available is to form a branch in Uruguay. With Uruguay experiencing exponential growth in both gross domestic product (GDP) and gross national income (GNI) per capita over recent decades and being listed as the most peaceful and stable country…

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,”…

The best Countries to invest in

The 2019 Best Countries rankings, formed in partnership with BAV Group, a unit of global marketing communications company VMLY&R, and the Wharton School of the University of Pennsylvania, are based on a study that surveyed more than 20,000 global citizens from four regions to assess perceptions of 80 countries on 75 different metrics. Here there no 1 pick. No. 1: Uruguay Uruguay claims the No. 1 spot on the list of best countries to invest in, a dramatic move up of 12 positions from its 2018 ranking. Business…

Argentina shifts to the left…and Uruguay to the right?

Sunday’s presidential elections in Argentina and Uruguay revealed an anti-incumbent mood in the electorate. In Argentina, voters punished Mauricio Macri, the market-friendly president, who dramatically failed to live up to his promises of economic growth. Across the Río Uruguay, Daniel Martínez, from the incumbent center-left Broad Front coalition in power since 2004, won a plurality of votes but will face a strengthened opposition in the second-round election next November, which he might lose. Regardless…

The US qualifies Uruguay as a safe country to invest

A report issued by the United States Department of State on the investment climate in Uruguay on Monday analyzed the legal, political and economic aspects of the country. On the one hand, it stands the legal security, the free movement of capital, the preferential regimes and the investment grade. On the other, it warns about aspects such as labor relations, the power of unions, the advantage of public companies and the increase of problems in education and security. There are 120 US companies with investments…
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