Uruguay Highlights for Investors

Investor introduction to Uruguay - potential for corporate farming, use as a food processing, logistics, IT Services hub for Mercosur/Latin America. High human development indicators. Credits: INAC - Uruguay

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• The Uruguayan Constitution and investment law Nº 16.906 clearly state that there can be no discrimination or unequal treatment between local and foreign investors. There are no restrictions on the type of real estate that can be purchased by foreigners including with commercial real estate,
• There is free movement of capital and dividends (in and out of the country) for any individual, institution or corporation.
• All corporations and individuals are free to acquire any asset and operate any businesses in any sector (including agribusiness - farms and forestry plantations.) except for oil distilling, electricity distribution, railroad, basic wired line telephony and piped water distribution which are operated by governmental companies.
• Corporate Tax on profits is 25% for all activities (except for forestry and software which is 0%) and can be lowered on certain types of projects (not agriculture).
• For the US, Uruguay is a safe country for investments.
http://uruguay.usembassy.gov/usaweb/2008/08-196EN.shtml
• "Bordering Argentina in the west, Brazil in the east and the Atlantic Ocean to the south, the tiny country of Uruguay is one of South America's best kept secrets. It is the most democratic nation on the continent and one that is rich in natural resources, relatively pollution and crime free, multi-cultural and polylingual, with an affluent economy and thriving industries, and is open to tourism and immigration year-round. The only annoying thing about the mountainless nation might be that people there are just too darn polite and friendly!"
•"Apart from security and good weather conditions in Uruguay, the advantages it offers as an outsourcing centre include a well-educated human resource and a time zone opposite to that of India, enabling a 24x7 service for customers."
http://www.tcs.com/worldwide/s_america/locations/uruguay/Pages/default.aspx

Category:

Education

Tags:

• uruguay
• farming
• infrastructure
• logistics
• IT
• Services
• tourism