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,…
Why the smart money is still Investing in Uruguay today?
Uruguay is a small country that staunchly defends its constitutional democracy, its political pluralism and the individual liberties and its inhabitants. Consequently, on an international level, it has received a large degree of credibility, and has been recognized by diverse organisms as one of the safest place to invest in Latin America. Uruguay is divided administratively into 19 departments, totaling 176,210 square kilometers, making it the second smallest country in the region. It borders Brazil (to the…
Uruguayan President highlights the differences between his country and Argentina
Uruguayan President Luis Lacalle Pou Tuesday described what in his opinion were the 4 political differences between his country and Argentina during a symposium hosted by Buenos Aires’ daily Clarín called Democracy and Development. “Uruguayans do not allow excesses from their leaders,” Lacalle underlined during his virtual appearance at the event. “First, in Uruguay after the dictatorship, governments begin and end,” Lacalle said, meaning that 5-year terms have been completed by one president…
Uruguay changes focus: “Democracy or Bureaucracy & Mediocrity”
Luis-Alberto Lacalle Pou, Uruguay’s recently inaugurated President, faces one of the most significant challenges in Uruguay’s recent history. The global coronavirus epidemic affects all citizens regardless of economic class or political party. I respectfully and strongly suggest that it is time for Uruguayans to cooperate on behalf of the future of Uruguay, and act as the“Uruguayan Coalition,” political party that places the Country before political party objectives, and its fellow citizens’ wellbeing,…
President Mujica who is selling Uruguay as a safe place to invest received a warm welcome from the President Obama
President Mujica whose is coming up for election this year said Uruguay offers “tremendous guarantees” for investors and is “a decent country”on his second day visit to Washington where he addressed 120 business people at the US Chamber of Commerce during a Tuesday morning work-breakfast. Mujica also announced that foreign investment in Uruguay in ten years has soared from a paltry 300 million dollars to almost 3 billion dollars and this will continue “because Uruguay is going to have another new…
Tiny Uruguay outshines it’s neighbour Argentina with increased Investment
BY VINOD SREEHARSHA McClatchy Newspapers SAO PAULO, BRAZIL — For decades, Argentina treated its neighbor to the east, tiny Uruguay, as little more than a colonial outpost. In the eyes of much of the world, it endured a fate perhaps even worse: near-total obscurity. But the long-overlooked South American nation, which lacks Argentina’s flair for political melodrama and Brazil’s clout and ambition, finally is emerging from their shadows, becoming a darling among investors and even a model for…