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Fast Facts

OFFICIAL NAME: Oriental Republic of Uruguay

FORM OF GOVERNMENT: Constitutional republic

CAPITAL: Montevideo

POPULATION: 3,370 mln

OFFICIAL LANGUAGE: Spanish

MONEY: Uruguayan Peso

AREA: 176,215 square kilometers

Uruguay's main industry is agriculture, with the majority of the country's agricultural land dedicated to livestock production. Services such as tourism also contribute to the country's relatively high standard of living.

Uruguay is Latin America's safest country with low crime, political stability and a high quality of life.

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What are the main reasons to invest in Uruguay?

Uruguay's main industry is agriculture, with the majority of the country's agricultural land dedicated to livestock production. Services such as tourism also contribute to the country's relatively high standard of living.

Uruguay is Latin America's safest country with low crime, political stability and a high quality of life.

Unlike other countries that have restrictions on land size or location, in Uruguay, foreigners can buy any type of property, whether urban or rural, without the need for permanent residence or citizenship. From agricultural land to land in urban areas or near the beach, the options for buying land are wide.

Global security

Uruguay is far from places where major military conflicts exist or are possible. It is one of the few countries where even if a global nuclear war starts, you can be fairly safe.

Quality of life

Uruguay is known for its high quality of life, low crime rates, and access to services such as health care and education. These factors make the country an attractive place to live permanently.

Stability

Uruguay stands out in the region for its political and economic stability. Therefore, foreigners can be sure that their investments will not be subject to sudden changes in government policy.

Legal Security

Uruguay's legal framework protects the property rights of both citizens and foreigners, which inspires confidence in investors. You can rest assured that your investment will be secure.

Favorable climate

Moderate climate allows for comfortable living all year round. Stable weather conditions and land productivity and opportunities to grow a variety of crops and engage in livestock farming.

Ecology

Uruguay is an agricultural country without heavy industry that pollutes the environment. There is clean air and water, quality food. All this allows you to maintain health and longevity.

Organic products

By investing in agriculture in Uruguay, you will be able to export your own organic products, respected throughout the world for their quality and purity.

Residency

Obtaining residency in Uruguay is easy. Apply for a Uruguayan residence permit. Uruguay offers several residency options, including simple permanent residence permits for living and working in the country without restrictions. It takes between 3 and 5 years to obtain Uruguayan citizenship.

Some facts and possibilities that might interesting for you

The basis of the country's economy is agricultural production and industrial processing of its products. Agriculture is the main source of export goods and provides more than 40% of exports by value. Natural conditions for agriculture in Uruguay are the most favorable. There are 5 hectares of fertile land per capita, which is six times higher than the world level. Climate conditions for this type of activity are ideal. Almost three quarters of the territory is occupied by meadows and pastures, 10% is arable land. The main branch of agriculture is animal husbandry: breeding beef cattle and wool sheep.

With a population of close to 3.4 million people, Uruguay has the capacity to produce food for 28 million, highlighting the country’s potential to further increase its agricultural and agroindustrial production.

Beef

Having traditionally been a typically livestock country, today Uruguay is among the top five meat exporters worldwide. Uruguayan meat is especially valued for its quality and complete traceability, from the birth of the cattle to the final market. This level of transparency and control ensures superior quality and responds to the growing global demand for food safety.

There are more cows than people in Uruguay. There are about four cows per person in the country.

Wine and olives

“Producing in Uruguay feels like paradise”. Based on its climate, Uruguay has many advantages because it doesn’t snow and has more rainfall. So it has a longer growing season.

Uruguay has excellent characteristics for the production of fine quality wines: it is located between parallels 30º and 35º of south latitude, the same location of the best lands of Argentina, Chile, South Africa, New Zealand and Australia. With approximately 180 wineries, Uruguay produces 10 million cases of wine annually from its 16,000 acres of vines.

The multiple international awards guarantee the premium quality of Uruguayan olive oils. Various Uruguayan olive growing producers have positioned themselves within the prestigious rankings of the International Organization World's Best Olive Oils. There are more than 6000 hectares of olive groves in Uruguay. The country has sandy and rocky soils which indicated for olive growing

Uruguay may seem small compared to its neighbors Brazil and Argentina, but it has more arable land than Japan and a population forty times smaller. The country's per capita gross national product (GNP) is among the highest in Latin America, and the country has a large urban middle class. Sheep and cattle farming are Uruguay's two most important economic activities. The main crops include rice, wheat, corn (maize), oranges, sugar cane, sunflower seeds, and canola.

Uruguay is a great country to invest in

Uruguay’s tourism offers historical-cultural proposals, coastal, cruise, meeting, rural, and natural tourism, inviting visitors to visit charming towns, shopping, thermal, nautical, and wine tourism. The country is in the top five of the World Economic Forum travel and tourism index, growing as a recipient of foreign visitors and domestic tourism.

In addition, Uruguay offers significant incentives to invest, such as its Investment Law, while tourism is a sector with specific decrees that translate into exclusive benefits.

The country has a varied and quality tourism offer.

We invite you to make your next investment in Uruguay, the safest country to invest in Latin America.