Acquisition Pathways
There are multiple ways to acquire this programme, with differing levels of investment and commitment.
Wealthy foreigners can obtain legal or tax residency in Uruguay. To do so, they invest at least USD 100,000 in the country’s economy.
Easy Residency
Uruguay offers a straightforward residency process and is welcoming to foreign residents. During the approval process, you can import home furnishings and household goods duty-free.
European Lifestyle
Although located in South America, Uruguay is often referred to as the "Switzerland of South America" due to its close ties with Europe and its European-like lifestyle, making it a popular destination for European tourists.
Economic Freedom
Uruguay boasts political and economic stability, an open economy, and a solid banking system, offering residents a level of economic freedom not found in many other countries in the Americas.
What you'll need
Temporary Residency
Foreigners are initially issued temporary residency, which converts to permanent residency after a few months. This process takes 2-3 weeks for temporary residence and an additional 6-8 months for permanent residence.
Required Documents
Submit all required documents, which must be apostilled or attested by a Uruguayan consulate abroad, depending on the issuing country.
Physical Presence for Initial Application
Applicants must be physically present in Uruguay at the time of their application and undergo a medical examination locally.
Due Diligence
Submit your passport and necessary documents for a comprehensive background check conducted by Multipolitan to ensure compliance with Uruguay residence by investment program regulations.
Document Submission
Gather and submit essential documents, including medical records, government forms, criminal background checks, and bank references.
Temporary Residence Application
Submit your initial application for temporary residence while physically present in Uruguay. Processing typically takes 2-3 weeks. You’ll also need to undergo a local medical exam and submit the necessary documents.
Conversion to Permanent Residence
After receiving temporary residency, your application will transition to permanent residence within 6-8 months, provided all requirements are met.
Path to Citizenship
After residing in Uruguay for 3 years, you can apply for citizenship, giving you full benefits of being a Uruguayan citizen, including visa-free travel and long-term residency rights.
Apply now
Submit your application for the Uruguay Residence by Investment Program today and start your journey towards long-term residency in one of South America’s most stable and welcoming countries.
Frequently asked questions
What is the Uruguay Residence by Investment Program?
The program allows foreigners to obtain residency in Uruguay by demonstrating regular income, providing key documents, and meeting the application requirements. Temporary residency transitions to permanent residency within months, and citizenship can be acquired after 3 years of residence.
How long does it take to become a permanent resident?
The process takes about 2-3 weeks for temporary residency and 6-8 months for permanent residency.
What are the required documents?
- Birth and marriage/divorce certificates
- Certificates of criminal or police records from the applicant’s country of origin and residence for the last 5 years
- Proof of regular income
- Medical exam conducted in Uruguay
Can my family join me in Uruguay?
Yes, your spouse and dependent children can join you in Uruguay as part of the application process, and they will also benefit from the residence status.
What is the tax liability for residents?
Uruguay offers a favorable tax system, with exemptions on foreign income for the first five years of residence. This makes it attractive for global investors and entrepreneurs.
Flexible and Secure Residency
With no physical presence requirements and a straightforward path to permanent residency and citizenship, Uruguay’s program is ideal for those looking for flexibility and security in their residency options.
Global Mobility
Uruguay citizens enjoy visa-free travel to over 153 countries and can easily access major Latin American markets. Whether you’re seeking a base in South America or a global lifestyle, Uruguay’s residence by investment program offers unparalleled access and freedom.
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