Why Uruguay?
Uruguay is often called the "Switzerland of South America" — a stable, democratic country with strong institutions, a high quality of life, and favorable tax treatment for new residents. Uruguay's tax holiday for new residents (11-year exemption on foreign income) makes it particularly attractive for high-net-worth individuals and investors.
Key Benefits
- 11-year tax holiday on foreign-sourced income for new residents
- Stable democracy with strong rule of law
- High quality of life and safety
- Independent Means Visa available for passive income earners
- No inheritance tax
- Path to citizenship after 3-5 years
- Welcoming to expats with growing international community in Montevideo and Punta del Este
Independent Means Visa
Uruguay's Independent Means Visa (Rentista Visa) is designed for individuals with passive income from investments, pensions, or rental properties. It provides legal residency and access to Uruguay's banking system. The Jerz Group handles the entire application, from proving income sources to navigating Uruguayan immigration procedures.
Tax Benefits
New tax residents of Uruguay enjoy an 11-year exemption on foreign-sourced investment income (or can opt for a flat 7% rate). After this period, foreign income is taxed at a favorable 12% rate. This makes Uruguay one of the most tax-efficient residency options in the world for investors.