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.