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 in the region, outperforming France, Germany, Japan, the United Kingdom, and the United States.

Favorable tax regime for residents, including retirees, digital nomads, and businesses. Uruguay has very favourable 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:

  1. Initial consultation and engagement with NTL Trust

    Research various residency by investment programs accessible to you. This step involves comparing programs to determine which one aligns best with your personal aspirations, interests, and financial capacity. A helpful tip would be discussing with your agent what is the best path for you.

  2. Collection of necessary documents

    - You will need: Valid passport, police clearance, proof of income, medical checkup, photos, birth certificate, marriage certificate (if applicable).

  3. Attend an in-person interview at the Immigration Department in Montevideo

    Our consultants will accompany you and assist with translations etc. as necessary.

  4. Receive a temporary cedula

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

  5. 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.

  6. 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

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.

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.

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