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 of the strong competition faced by countries, which compete to capture those who want to invest”. Successful countries, seek to look more attractive than their neighbors and that way they’ll get more investments, making significant efforts as; having low taxes, low cost of labor and social security, reducing paperwork, expanding its domestic markets through free trade agreements, among others.
In this context, Uruguay offers significant advantages.
Special promotions offered by the government
Financial system: Special credit lines available
Capital market: Especially as a way of funding an alternative to banks
Farms and Orchards of an international standard
Competition’s Control and industrial and intellectual property.
Overall advantages in the first place is the privileged location in America, Montevideo is the administrative capital of MERCOSUR and is located close to the major cities of South America. It is half an hour by plane from Buenos Aires and two hours by plane from Sao Paulo and Santiago de Chile.
All of the above Uruguay’s conditions, are important when investing in a country. There are other more specific points that the investor must analyze given by the regulations that the country offers, in which we can highlight the following aspects:
What are the advantages offered by the country to the investor? The country offers political, economic and social security. Over its history the stability has been unblemished; it has fulfilled its obligations unreservedly. Because of this, it has earned a high reputation and respect in the region and the world.
Although it has a limited domestic market, unlike Brazil and Argentina, to integrate MERCOSUR, production units of the country can access its neighbors with no tariffs.In addition, Uruguay has signed a trade agreement with Mexico that allows Uruguayan products access with minimum tariff rates, making Uruguay an ideal country to become a platform for production exporting in the region.
With the above market analysis for costs of labor, social security, taxes, government services and financial costs, we think they are more than competitive with other parameters offered in the region.
Contact the Gateway to South America team to learn about the best investment opportunities in the region. The company is a benchmark for foreign investors wishing to invest in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay, providing expert advice on property acquisition and investment tours. #adp02
The Gateway Team – When You are Serious About Property