Buying Real Estate in Uruguay
Ebook Cover
If you are considering Uruguay as an investment, relocation or retirement destination, read this book now and then pack it in your suitcase when you visit the country. It is very readable and extremely informative about this small, but perfectly formed South American country.
Feted as “the Switzerland of the Americas” Uruguay is a success story; having followed its nearest neighbors Argentina and Brazil into recession in the early part of the new millennium, some shrewd financial planning – stabilizing the economy by attracting foreign trade and capital – and a nurturing of a return to democracy, Uruguay’s leadership has navigated this little country through potentially dangerous waters to an emerging prosperity, and a middle class not seen in other Latin American nations.
The character of Uruguay is strongly influenced by the descendants of Spanish and Italian immigrants and is considered to have the most “European” culture in all of South America. This bodes well for foreigners wishing to live and invest here – apart from a certain sluggish bureaucracy when it comes to paperwork; everything else is surprisingly efficient and recognizable.
American businesses have reported that government corruption is not a barrier to foreign investment and Uruguay is the second least corrupt country in Latin America after Chile.
This bodes well for anyone considering investing in the country and the author of this eBook, David Hammond, gives you a step-by-step outline of how to do this. With thorough and well constructed sections on how to look for, buy and own a property, as well as details of the banking and tax systems, he covers every possible aspect related to investing in a little bit of Uruguay.
In addition to a potted history of how Uruguay got where it is today, there are details of climate; quality of life; and where to buy – in the culturally rich capital Montevideo or the rich beachside resort of Punta del Este. There’s also a comprehensive list of resources – numerous links and a directory of personally recommended English speaking realtors, lawyers and financial advisers.
The author also gives very pertinent advice…..research and research before you visit – remember Uruguay is a different country, with a different culture, economy and legal system Once there, ask plenty of questions; if these are not answered in this must-have guide, Mr. Hammond can certainly tell you where to find them.
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Congratulations with your Sept. Issue.
Well written, informative and interesting !
Keep up the excellent work !
Sincerely
Boris Romanov