Uruguay

Uruguay
Program: Tax Residence Act
Start year: 2020
Time to residence: 12 – 18 months
Investment options:
- Minimum $370,000 in Real Estate + 60 days spent per year in Uruguay
- $1.6 investment in a company generating 15 new jobs
Residency requirements: 60 days spent per year in Uruguay
Citizenship requirements:
- 3 years after residency for couples
- 5 year after residency for single applicants
Eligible dependents:
- Spouse
- Children under age
- Adult children under age (must be students, unmarried and financially dependent)
Key advantages:
- Residence in stable, safe democracy
- Clear path to citizenship in desirable country and visa free travel to 153 number of countries
- Short investment holding period; potential to recoup investment
- Tax-free resident for 11 years ( tax-holiday Program )