Who can buy Real Estate in Uruguay – physical or legal persons?
Many prominent South and Central American countries have limitations for foreigners buying farmland. ie Argentina and Brazil, foreigners can not buy properties bordering another country or extensive properties. In Uruguay, there are no such limitations. The Uruguayan government has been very open towards foreigners investing in local Real Estate. Buyers from all over the world have the same rights as Uruguayan citizens. They are granted the same economic advantages when they acquire Real Estate in Uruguay.…
GTSA Group Profile for South America
Gateway to South America is one of Southern Cone’s most experienced specialised real estate marketing companies with representation in Argentina, Brazil, Paraguay, Peru and Uruguay. We offer a comprehensive selection of rural, lifestyle and residential properties throughout the region. Few real estate companies can match our breadth of experience and level of service in these areas of real estate. Fewer still offer the same levels of specialist knowledge and total commitment to achieving the best possible…
Uruguay Pioneers Carbon Neutral Meat in South America
Uruguay will become the first country in South America to export certified carbon neutral meat when a consignment destined for Europe leaves the port of Montevideo this month. The shipment by Uruguayan meat manufacturer Mosaica has been certified by local certification body LSQA, and will leave for Switzerland in the middle of December. The consignment represents a “historic milestone,” according to Agustín Russi, business development manager at LSQA, which is also active in other major meat-producing…
TLG fundraising to buyout and expand their Agriculture portfolio in Uruguay
Co-founded by Francisco Roque de Pinho and Joaquín Labella in 2016 in Uruguay – an unassuming country with vast unexplored agricultural potential wedged between Argentina and Brazil – TLG Management Partners works to implement improvements on, and then manage, underperforming farmland properties in South America. The timing of the launch of TLG proved challenging. Economic uncertainty, depressed commodity prices, and market volatility were then followed by supply chain disruptions, high commodity prices,…
Investing in Uruguay: Farmland
Ninety-five percent of Uruguay is rural and Uruguay is roughly the same size as England and Wales combined. Juan Federico Fischer, the managing partner at Andersen, advises multinationals and individuals about investing in Uruguay and has created frameworks for large-scale investments in agriculture, timber, and real estate investment in Uruguay. He’s regularly quoted in the international press on Uruguay’s investment climate. In this interview, Karen A Higgs, founder of Guru’Guay, and Federico…
Updated Uruguay Farmland Report March 2021
Transactions in the period January – March 2021. In the first three months of the year, there have been 27 transactions of productive farmland in Uruguay. In January some large forestry properties changed ownership. These timberland operations are situated in eastern Uruguay and refer to eucalyptus for the pulp industry. The price of timberland depends on availability of wood, but in general, one can say that price fluctuates between 3.000 and 4.500 USD per hectare. In March, we saw large tracts of cropland…
URUGUAYAN AGRICULTURAL LAND MARKET REPORT 2021
Published in Jan 2021 this is an independent land price report for agricultural land in Uruguay. Published by Gorlero Farm Administrators in Uruguay which was founded in 1934 by Guillermo Gorlero the company still maintains the same original core value and characteristics that have led to its excellent market position. They mainly engage in providing rural estate management services. They are experienced in almost every region of the country: from Sierras in Minas to the basaltic soils in the northern region,…
Beef-addicted Uruguay aiming to make farming greener
Last year, Uruguay launched a livestock and climate initiative with the help of the UN’s Food and Agriculture Organisation (FAO). We hear from Rosa Correa, one of 62 farm owners to implement the programme, about its aims and objectives Rotating cattle to keep the grass long, synching cows’ pregnancies and improving bovine diet are just some of the tactics Uruguayan farmers are using to mitigate the impact of cattle on climate change. There are four cows for each person in Uruguay, the South American…
Uruguayan cows are among the most easily traced animals in the world
Coming from a long tradition of natural animal husbandry, Uruguayan meat is both tasty and safe. With scare stories of processed meat product proliferating the news, and a richer, ever-increasing world population, more and more people are demanding their beef from trusted sources. Uruguay, with its long tradition of meat production and export, is proud to support a system that guarantees its customers 100 percent traceability. The Latin American country currently exports 70 percent of its meat to more…
In Uruguay 15 companies own more than 1,400,000 ha of farm land.
Seven forest companies, six agricultural groups, a dairy company and a Brazilian business person in Uruguay farm over 1.4 million hectares of productive farmland-as-owners and or tenants. Land suitable for farming in Uruguay is about 16 million hectares. Among the major landowners are a number of Brazilian and Argentine companies. Among the 15 business groups that include Montes del Plata, East Forest, Weyerhaeuser, Tekoayhu Forestry, Forestry South Atlantic RMK Timberland Group and Sierras Stills (Ence) Forestadoras;…
Uruguay passes an emergency law for the purchase of farms to facilitate easier processing for foreigner buyers
Holders of entities that want to buy fields, in addition to natural persons, may also be legal identities ie Trusts, Funds etc The draft urgent consideration law includes changes in the acquisition of rural properties and agricultural holdings, since in addition to the entities that can currently acquire fields, those that have among their partner’s legal entities. Until now, entities that want to buy farms must be represented by “social quotas or nominative shares whose ownership is entirely accountable…
👉 AGRICULTURAL INVESTMENT IN URUGUAY
Agricultural investment in Uruguay will grow by 5% in this five-year period Global demand for agricultural products will remain strong in the coming decades, mainly sustained by increased consumption in Asia. In developing countries, the current average meat consumption of 26 kg will reach 37 kg by 2030. Meat consumption will continue to rise, as projected by the FAO. FAO Corporate Document Repository. Uruguay is a reliable and attractive destination for foreign agricultural investment. Uruguay is a predominantly…
Union Agriculture Group (UGA)
The Uruguayan Union Agriculture Group (UGA) may have got its timing wrong in buying El Tejars farm assets in Uruguay it seems in hindsight. The seller was El Tejar who was one of the largest rural players in South America and took the opportunity to sell all its Uruguay farms ( 67,000 ha ) as it thought the market had peaked to its larger competitor UGA. UGA can now boost around 172,000 ha in total. However the idea of then UGA creating an initial public offering (IPO ) with the combined acreage has become…
Cargill Grain is a huge company
Cargill is the largest privately owned company in the United States. “Privately owned” means its shares of stock aren’t traded on any stock exchange and the company therefore doesn’t have to report on most of its operations. Thus, we are now unable to watch the effect of the recent expropriation of some of Cargill’s assets in Venezuela on the price of its unlisted stock. Were Cargill a publicly-held company in the USA, it would rank in the top 20 companies in the Fortune…
Uruguayan Animals are among the most easily traced food product in the world
Coming from a long tradition of natural animal husbandry, Uruguayan meat is both tasty and safe. With scare stories of processed meat product proliferating the news, and a richer, ever increasing world population, more and more people are demanding their beef from trusted sources. Uruguay, with its long tradition of meat production and export, is proud to support a system that guarantees …
