Many people have been asking us about the same thing lately: how to protect their wealth and plan with greater predictability. One of the alternatives that comes up in those conversations is obtaining tax residency in Uruguay.
Benefits of Uruguayan tax residency
- Your real estate assets abroad are not taxed.
- An 11-year exemption on interest and dividends earned abroad.
What are the requirements?
A person can be considered a tax resident of Uruguay if they meet at least one of these conditions:
- Staying in the country for more than 183 days during the year.
- Having their center of vital or economic interests in Uruguay.
- A real estate investment of more than USD 500,000 and physical presence of at least 60 days a year.
What about assets in Argentina?
Some may still be subject to tax if held in your personal name. That's why it's essential to review your wealth structure before moving forward.
At Family Capital, we advise investors and families who wish to obtain tax residency in Uruguay. We provide a comprehensive solution that covers both legal and tax residency, tailored to each client's profile and needs.
If you're looking for a more predictable environment for your financial planning, Uruguay can be an excellent alternative.