Pay 7% Tax Here For Life (and Free Citizenship)

Uruguay grants citizenship but does not grant nationality, it is the only country I know that does this, for this reason the passports issued by Uruguay do not show that the person is Uruguayan in the nationality field and this creates many problems when traveling to the point that some countries do not even consider this passport valid, this problem only affects foreigners who obtain Uruguayan citizenship, those who are born in Uruguay or are children or grandchildren of those born in Uruguay do not have this problem because they do have Uruguayan nationality.

Dude there is no such thing as forever. Government is going to take whatever is necessary

Boring sounds pretty nice.

Hardly a boring country! And I would be totally surprised if even 1% of your audience had a million dollar a year income. I think most of us are watching because we are at the lower end of the scale. That said and done, THANK YOU so much for letting us know these options are out there.

It's very obvious he's never been to Uruguay. As a Canadian in Uruguay, his comment that UY is "on par with Canada, just as safe and has the same amenities" is not accurate. I was all over Canada last year, from BC to Newfoundland. I've been in Vancouver, Calgary, Toronto, Montreal and never felt unsafe. I walked in rural BC by myself and never felt unsafe. I even walked at night and never felt unsafe. Uruguay isn't like that at all. Just today, a man was mugged right in front of my apartment building, and I live in the safest part of the city. His comments on a Uruguayan passport are also false. In Uruguay, your birth country is still listed on their passports. So if you'd need a visa to enter a country using your birth country passport, you will still need one using a Uruguayan passport. If you're still interested in moving to Uruguay, look up the phrase "viveza criolla". That's how a lot of people live here and that's why most expats don't stay more than a few years.

Imagine living somewhere with clean air, low crime, great food… and keeping 93% of your money. Sounds too good to be true, but here we are! 😂

As a gardener, that place is the right climate for me.

Looks awesome. Uruguay is making a smart decision to offer these tax incentives. Bring the investment in, get people to stay, spend.

"For Life" usually refers to the term of office of this government.

The requirements for staying in the country are reduced or even entirely waved, depending on the price you pay for a property. I just forgot the exact amounts. Now it is not for everyone. What many people consider "boring" I see as civilized / tranquil / out of trouble. Else I love the country side (was raised in an "estancia"). Also good for HNWIs who want to be left alone by the sea. Not the best to start a local career as it doesn't grow much, there aren't many jobs, depending on the segment of activity. Now if you want a place to live your final decades or years in a stable / relaxed lifestyle, that might suit you well. *I am from RS (the neighbor state in Brazil). Been visiting"El Paisito" since I was a child. Border is 1:30 drive from my town. Punta del Este is a 6:30 drive... 🇧🇷❤🇺🇾 😎🧉