Uruguay
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Uruguay

South America's stable, tax-friendly haven

Tax Score: 7.5/10
⭐ Featured Destination

Income Tax

0% for first 10 years (new residents)

Corporate Tax

25%

Capital Gains

12%

Tax Benefits

10-Year Foreign Income Exemption

New tax residents can opt to pay 0% on all foreign-sourced income for the first 10 years of residency, extendable under certain conditions.

Territorial Tax System

Uruguay only taxes income earned within its territory. Foreign dividends, interest, and capital gains are exempt from taxation.

No Wealth Tax for New Residents

Qualifying new residents benefit from wealth tax exemptions on foreign assets during their early years of residency.

Residency & Visa Programs

Rentista / Pensionado Residency

Available to those with stable passive income or pension from abroad.

Requirements

Proof of USD 1,500+/month income

Processing

3–6 months

Min. Investment

None

Investor Residency

Fast-tracked residency for qualifying real estate or business investments in Uruguay.

Requirements

USD 1.7M+ real estate or business investment

Processing

2–4 months

Min. Investment

USD 1,700,000

Real Estate Market

Uruguay has a transparent, stable real estate market with full foreign ownership rights and no restrictions. Punta del Este is a sought-after luxury destination.

  • Montevideo: USD 1,500–3,500/mΒ²
  • Punta del Este: USD 2,500–6,000/mΒ²

Cost of Living

Rent 1BR (Montevideo)

USD 600–1,200/mo

Groceries (monthly)

USD 300–500

Dining out

USD 10–25/meal

Healthcare

Mutualista ~USD 80/mo

Uruguay is more expensive than its neighbors but offers high quality of life, excellent healthcare, and strong infrastructure.

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Data last reviewed: January 2024