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For less than $400,000 you can now get Uruguay tax residency

2020-06-17T13:09:36-03:00June 17, 2020|Categories: Economy|Tags: , , |

Starting in July, foreigners who live at least 60 days a year in Uruguay and buy real estate valued above 3.5 million inflation-linked UI - currently equivalent to $378,000 - will qualify for tax residency. Newcomers can also obtain residency by investing more than 15 million UI in a business that creates at least 15 [...]