Taxes for foreign individuals in Uruguay

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Subsidiaries of international companies: thanks to its economic stability and strategic location in Mercosur, Uruguay is a key gateway to the South American market. For this reason, many multinationals establish offices and operations centers in Montevideo.
Startups and entrepreneurs: This israel phone number library country encourages entrepreneurship through tax incentives and support programs such as Startup Uruguay. This attracts foreign entrepreneurs in sectors such as technology, renewable energy and digital services.
Real estate: Punta del Este and Montevideo are notable for their dynamic real estate markets. Whether for second homes or rental investments, properties in Uruguay are an attractive option.
Agro-industrial projects: Uruguay is world-renowned for its agriculture and livestock. It is common for those seeking a secure economic return to invest in productive land in areas such as Durazno or Rocha.
Having reviewed the different types of foreigners who pay taxes in Uruguay, we can now move on to talk about taxes. Let's start with the ones you will have to pay as an individual. As in the rest of the world, they will depend on your tax status (resident or non-resident) and the type of income you are going to generate. The Uruguayan tax system is relatively simple and its main focus is on income generated within the country. In addition, it is no coincidence that it has become an attractive destination for foreigners looking to change residence or invest, it offers quite a few incentives.