Www.fs.com.uy URUGUAY: Latin America’s Hidden Jewel Montevideo February 2012 www.fs.com.uy.

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Uruguay: Residency, Citizenship and Passport

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Presentation transcript:

URUGUAY: Latin America’s Hidden Jewel Montevideo February

Real Estate: Montevideo PONGO APTOS POCITOS CAMPO CHICO, CON RENTA CAMPO GRANDE INMUEBLE CIUDAD VIEJA APTOS PUNTA CASAS PUNTA TIERRA EN ROCHA SUGAR LOAF PRESTAR $$$$$$ Hago fichas de aptos, campos, chacras

RESIDENCY AND IMMIGRATION

Obtaining Uruguayan Residency Simple process, but bureaucratic It takes 6 to 10 months to obtain resident status After 3/5 years, one can apply for citizenship/passport Steps to obtain residency:  First, gather all the necessary documents (abroad)  Then, enter Uruguay, as a tourist  Within 90 days (extendable for another 90 days), submit the application at DNM Once the request is submitted, the person may stay in the country indefinitely, as a “temporary resident”

FOTO POCITOS

Real Estate: Montevideo Uruguay's capital  Largest city, 1.5 M people  Main airport, port  Banks, industries  Main hospitals, universities Montevideo has two main choices for the investor:  Old City  Shoreline condos, residential neighbourhoods

Why Uruguay? Investor-Friendly Country: Foreign and local investors treated equally No limitations to ownership by foreign buyers No currency exchange controls or forced conversion Foreign currency can be used: Dollars, Euros, etc. No restrictions or taxes when transferring money into, or out of the country (repatriation of capital)

Why Uruguay? Stability and Safety: Latin America’s safest country Tops rankings in political and economic stability Tops rankings in transparency and lack of corruption No social turmoil: existence of middle class and Latin America’s lowest income gap Solid legal system with strong reputation for respect of contracts and private property

What Does Uruguay Offer You? 1. Easy Residency, Citizenship & 2 nd Passport No need to invest in the country Temporary resident from day 1 Dual, triple citizenship permitted Reputable passport

What Does Uruguay Offer You? 2. Banking Solid banking system Privacy laws Easy account opening process

What Does Uruguay Offer You? 3. Real Estate Investment Opportunities To live in Uruguay As a second/summer home As an investment

What Does Uruguay Offer You? 4. The Easiest Way to Directly Own the Most Attractive New Asset Class: Farmland Suitability Transparent Market Turnkey investment, easy to operate Safe Asset, with appreciation potential and good returns

What We Can Do For You Residency & Relocation Unit Banks: Itau (introduction/on site), BROU Property Purchase: Escribanos, POAs Farmland Incorporate Available for appointments all week

Contact information Juan Federico Fischer Check our site for detailed presentations