Uruguay Residency by Investment

Uruguay, a small and prosperous nation, offers an appealing lifestyle characterized by outdoor ranches and beachfront living. It’s a neutral country that welcomes people from all backgrounds, making it a preferred destination for individuals seeking a high quality of life.

This combination of open space and low population density has afforded Uruguay many opportunities for economic development. An independent country since 1828, Uruguay developed throughout much of the 20th century as one of South America’s more progressive societies, notable for its political stability, advanced social legislation, and a relatively large middle class.

 

This beautiful South American country is famous for its beaches, beef, and brilliant soccer playing. Located on the Atlantic ocean, with 660km of coastline, the country attracts surfers and beach lovers from all over the world.

Montevideo skyline – destination Uruguay Residency by Investment

Benefits of Uruguay Residency by Investment program

  • 1

    Stable and successful country

    Often dubbed as “the Switzerland of South America”, Uruguay is democratic, liberal country ideal for life or conducting business.
  • 2

    Member of Mercosur

    Beneficial and supporting economic bloc enhances political and economic stability of Uruguay.
  • 3

    Agreeable environment

    Prosperous lifestyle with developed tourist infrastructure, particularly in Punta del Este.
  • 4

    High rankings in global democracy and political stability indices

    It is ranking 13th on world’s democracy index, making it the highest ranked country, outperforming France, Germany, Japan, the United Kingdom, and the United States.
  • 5

    Friendly tax system

    Favorable tax regime for residents, including retirees, digital nomads, and business owners. Uruguay has very favorable fiscal benefits for incoming residents and businesses. Retired persons, digital nomads or freelance consultants will generally have to pay little to no personal taxes in Uruguay.
  • 6

    Opportunities for Higher Education

    University of St George offers an acclaimed medical program, one that is the top provider of first year medical residents in the USA for nine years in a row.

Residency path

Applying for Residency in Uruguay is a straightforward process with the assistance of our expert team. Temporary cedula (ID card) issuance typically takes around 10 days, while Permanent Residency and a permanent cedula can be obtained within two years. Citizenship and a passport can be pursued as early as three years from the arrival date.

  • Note that residency in Uruguay is more of a plan A than plan B.
  • The program is intended for people who plan to spend a substantial portion of the year on the ground.
  • The Uruguayan government allows tourists to stay up to six months per year without applying for residence, therefore the Permanent Residence program is aimed at people who wish to stay longer and make Uruguay their home.
  • If you decide Permanent Residency in Uruguay is for you, the very first thing you should do in the process is have your immigration consultant book an immigration appointment for you. Do not wait until you have the necessary documents to hand, because then their validity will then probably expire while you await your appointment.
  • Attend an in-person interview at the Immigration Department in Montevideo.
  • Receive a temporary cedula within 10 days, followed by the processing of Permanent Residency within 24 months.
  • Explore Available Programs

    Research various citizenship by investment programs accessible to you. This step involves comparing programs to determine which one aligns best with your personal aspirations, interests, and financial capacity. A helpful tip would be discussing your goals with various immigration consultants.