Uruguay
Residency by Investment

Uruguay, a small and prosperous nation, offers an appealing lifestyle characterized by outdoor ranches and beachfront living. It’s a neutral country that welcomes people from all backgrounds, making it a preferred destination for individuals seeking a high quality of life.

This combination of open space and low population density has afforded Uruguay many opportunities for economic development. An independent country since 1828, Uruguay developed throughout much of the 20th century as one of South America’s more progressive societies, notable for its political stability, advanced social legislation, and a relatively large middle class.

This beautiful South American country is famous for its beaches, beef, and brilliant soccer playing. Located on the Atlantic ocean, with 660km of coastline, the country attracts surfers and beach lovers from all over the world.

Benefits of Uruguay
Residency by Investment program

Often dubbed as “the Switzerland of South America”, Uruguay is democratic, liberal country ideal for life or conducting business.

Beneficial and supporting economic bloc enhances political and economic stability of Uruguay.

Prosperous lifestyle with developed tourist infrastructure, particularly in Punta del Este.

It is ranking 13th on world’s democracy index, making it the highest ranked country, outperforming France, Germany, Japan, the United Kingdom, and the United States.

Favorable tax regime for residents, including retirees, digital nomads, and business owners. Uruguay has very favorable fiscal benefits for incoming residents and businesses. Retired persons, digital nomads or freelance consultants will generally have to pay little to no personal taxes in Uruguay.

Residency path

Applying for Residency in Uruguay is a straightforward process with the assistance of our expert team. Temporary cedula (ID card) issuance typically takes around 10 days, while Permanent Residency and a permanent cedula can be obtained within two years. Citizenship and a passport can be pursued as early as three years from the arrival date.

Note that residency in Uruguay is more of a plan A than plan B.
The program is intended for people who plan to spend a substantial portion of the year on the ground.
The Uruguayan government allows tourists to stay up to six months per year without applying for residence, therefore the Permanent Residence program is aimed at people who wish to stay longer and make Uruguay their home.
If you decide Permanent Residency in Uruguay is for you, the very first thing you should do in the process is have your immigration consultant book an immigration appointment for you. Do not wait until you have the necessary documents to hand, because then their validity will then probably expire while you await your appointment.
Attend an in-person interview at the Immigration Department in Montevideo.
Receive a temporary cedula within 10 days, followed by the processing of Permanent Residency within 24 months.

Timeline & Process

The timeline for obtaining Uruguay Permanent Residency is as follows:

Engage a Reputable Entity

Contact NTL Trust to assist you in navigating the application process. We will provide guidance while ensuring transparency, adherence to payment schedules, and maintaining a high level of professionalism.
Collection of necessary documents

- You will need: Valid passport, police clearance, proof of income, medical checkup, photos, birth certificate, marriage certificate (if applicable).
Attend an in-person interview at the Immigration Department in Montevideo

Our consultants will accompany you and assist with translations etc. as necessary.
Receive a temporary cedula

This will happen within 10 days of application, followed by the processing of Permanent Residency within 24 months.
Set up your life

You are now free to establish your life and business in Uruguay. The government will process your Permanent Residency application within the 24 months.
Get your permanent residency

Make sure to understand that Uruguay residency requires that you spend a significant amount of time within the country. Verification of physical presence will be carried out, and Permanent Residency and citizenship will not be granted if you do not maintain a substantial footprint in the country.

FAQS

Is the process the same for everyone?

Uruguay welcomes citizens of many countries without visa requirements. Assistance is provided for visitors requiring visas since the process is more complicated in this case.

Are naturalization and citizenship possible?

Married couples can apply for citizenship after three years of residence, while unmarried individuals can apply after five years. Dual citizenship is permitted, but acquiring citizenship in another country may result in the loss of Uruguayan citizenship.

Uruguay offers a clear path to a prosperous and fulfilling life for those seeking Permanent Residency and citizenship. Get started today to embark on your journey to Uruguay.

Uruguay has become an increasingly attractive destination for foreign investors seeking residency through investment. The Uruguay residency by investment program offers several options tailored to meet the needs of potential applicants looking to reside in this stable South American country. To begin the process, investors must demonstrate a minimum investment in real estate, businesses, or in government bonds. This investment not only allows investors and their families to obtain a residence permit but also enables them to enjoy benefits such as tax incentives and access to quality healthcare services. Moreover, Uruguay boasts a strong economy and a peaceful environment, making it an ideal location for families and individuals alike.

For investors considering Uruguay residency by investment, understanding the requirements is essential. The paperwork involved requires applicants to prove the origin of their funds and meet certain health requirements, including a certificate indicating that they are free from criminal records. Residency permits usually take a few months to process, but the benefits are long-term, allowing residence in a country that is not only beautiful but also offers visa-free travel to many countries worldwide.

In comparison with other countries, such as Malta or Portugal, Uruguay provides a more straightforward process and lower investment thresholds for those looking to reside abroad. The main requirement is typically a minimum investment of around 150,000 USD, which is significantly lower than investment required for other golden visa programs. This makes Uruguay a favorable option for many foreign investors looking to establish a new life in a safe and welcoming environment.

With its strong emphasis on privacy, especially in financial matters, Uruguay has also drawn the interest of many potential investors from Europe and the Americas. This favorable environment combines with the affordable costs of living, making it a top choice for anyone looking to relocate while enjoying quality health and educational services. Residents can travel freely within South America and to Spain, further expanding their opportunities.

Furthermore, applicants may find it advantageous to obtain dual nationality, which allows residents of Uruguay to enjoy broader travel privileges. As Uruguay continues to grow as an investment destination, its residency program remains competitive and appealing compared to other global options, including those in Canada, Australia, and New Zealand. For anyone looking to make a move abroad, the attractive lifestyle and benefits of Uruguay’s residency by investment program should certainly be considered.