About Uruguay
Capital: Montevideo
Population: 3,423,108
Language: Spanish
GDP per capita: 30,197 USD
Currency: Uruguayan Peso ($U) (UYU)
Visa-Free Countries: 145+ countries, including the Schengen Zone, UK (w/ETA), Hong Kong, Singapore, Japan, South Africa, Switzerland, United Arab Emirates
Uruguay Permanent Residency by Investment Program Overview
The safest and most stable country in South America. Montevideo and Punta del Este, where wealthy South Americans keep summer homes, with strong schools and outstanding for families.
Permanent residency with no investment at all, held with a single visit every three years. No relocation is needed to keep it, and real presence only matters if you go on to citizenship.
Key Advantages
- No major investment: about USD 1,500 per month in passive income required.
- Presence: One visit every 3 years to maintain the residency.
- Pathway to Citizenship: 3-5 years to Citizenship.
- Visa-Free Travel: 145+ countries, including the Schengen Zone, the UK and Japan.
- Timeline: 1 week to file in Uruguay; approval in 6-12 months.
- Tax Benefits: Eleven years at zero on foreign capital income.
Overview
File inside Uruguay - ~1 week
Lodged with the National Migration Directorate
Identity card issued
Cédula issued while the file processes, up to 2 yrs
Approval - 6 to 12 months
No interview at this stage, no investment to complete
Pathway to Citizenship - 3-5 years
3 years with family or 5 years single, with real presence
Live in Uruguay for about 183 days a year, plus a Spanish interview to qualify.
Tax Residency: Tax residency is separate from legal residency. The holiday is 0% on foreign capital income for eleven fiscal years, elected once and irrevocably. To apply for it you must either be present over 183 days in the year, hold real estate of about USD 2.02M, or subscribe about USD 101k a year into innovation funds.