Living retirement in Uruguay
The US Department of State did a study last year that showed
Uruguay to be among the least expensive places in the world to live.
Who was higher? Places like Peru.
Who was lower? Swaziland, Gambia, and Nepal…not exactly among the
world´s top retirement destinations.
The country is diverse. Montevideo is an old-world European style
city with fine restaurants, colorful markets, sycamore-lined streets
and a cultural scene second to none. Here you´ll encounter an
honest, European culture that´s representative of what you´ll see
throughout the country.
In Colonia, you´ll find that the original Portuguese settlement has
been restored, and its residents have made it one of the finest
examples of old colonial architecture in South America. With it´s
year ´round tourist trade, Colonia is a great place to invest in a
colonial restoration or a rental property.
Bordering the South Atlantic Ocean, Punta del Este has been South
America´s premier beach resort for generations, with its well
maintained beaches, exquisite restaurants, hotels, casinos, and
events of every description. And perhaps the best part of Punta del
Este is the extraordinary rental income you can generate on
properties there, with many apartment owners getting high-season
monthly rents of $6,500 and higher.
But if you´re looking for something on the ocean that´s a little
more tranquil, you´ll find long, stretches of lonely, pristine
beaches along the coast where you can stroll for hours without
seeing any type of development at all.
In between, you´ll find thousands of square miles of rolling pampas
- perfect for ranching - interspersed with clean, bright towns and
cities reminiscent of the American Midwest. Here in the heartland,
you can still buy this prime ranchland for around $100 per acre.
Everyone knows that Argentina is a great deal right now. But few
people know that many Argentines are choosing Uruguay as their
retirement destination because of its low cost of living, and
world-class beaches.
And as if that weren´t enough, residents of Uruguay are entitled to
a second passport ...a real asset for insuring your privacy and
mobility in today´s world.
Perhaps the most surprising thing about Uruguay though, is that the
cost of living and buying property is among the lowest in the entire
world, and your dollars and euros still pack a real financial punch.
Yet despite all the advantages of this exciting country, you won´t
find a single book in your local library or bookstore that talks
about retiring or living in Uruguay.