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www.fs.com.uy URUGUAY: Latin America’s Hidden Jewel Montevideo February 2012 www.fs.com.uy
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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
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www.fs.com.uy RESIDENCY AND IMMIGRATION
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www.fs.com.uy
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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”
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www.fs.com.uy FOTO POCITOS
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www.fs.com.uy 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
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www.fs.com.uy 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)
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www.fs.com.uy 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
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www.fs.com.uy 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
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www.fs.com.uy What Does Uruguay Offer You? 2. Banking Solid banking system Privacy laws Easy account opening process
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www.fs.com.uy What Does Uruguay Offer You? 3. Real Estate Investment Opportunities To live in Uruguay As a second/summer home As an investment
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www.fs.com.uy 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
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www.fs.com.uy 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
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www.fs.com.uy Contact information Juan Federico Fischer jfischer@fs.com.uy Check our site for detailed presentations www.fs.com.uy
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