LEGAL LANDMARKS

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Is my money safe in Uruguay?

  • Can I take my money out of Uruguay at any time?
  • Should I be worried about currency risk?
  • How do I safely purchase a property?
  • Do I fully own what I purchase?
  • Should I worry about taxes?
  • Can I obtain residency and move my belongings?
  • Can I work or do business in Uruguay without restrictions?
  • Is it easy to open a bank account?

    • There are no restrictions as to what type of properties foreign buyers can acquire

    Investor Friendly Country:

  • Foreign investors and local ones are treated equally
  • No limitations to ownership of property by foreigners
  • No restrictions to enter/exit the country

    • Business rules are Investor Friendly:

  • No currency exchange controls or forced conversion issues
  • Foreign Currency can be used freely: Dollars, Euros, etc.
  • No restrictions or taxes when transferring money into the country
  • No restrictions or taxes when transferring money out of the country

    • Confidentiality:

  • Strict banking secrecy and tax secrecy laws

    • Solid Legal System:

  • Strong reputation for respect of contracts and private property
  • Independent and reputable Judiciary
  • Corruption is not an issue in the country

    • Private Property rights are strongly protected:

  • Constitutional right, enforced
  • No history of expropriations
  • Title Insurance available