Investing in Uruguayan Real Estate
Welcome to the definitive guide for Americans looking to invest in Uruguay's thriving real estate market. Uruguay continues to offer exceptional opportunities for foreign buyers seeking investment properties, vacation homes, or retirement destinations
Uruguay's stable economy and foreign-friendly policies have established it as a premier South American destination for real estate investment. With the market value projected to reach $260.6 billion USD in 2025, and residential properties accounting for $186.6 billion of that total, the potential for growth and return on investment remains strong.
Why Uruguay? Market Stability and Trends
Political Stability
Uruguay consistently ranks as Latin America's most stable democracy with transparent governance and strong rule of law, protecting your investment
Economic Resilience
Despite global fluctuations, Uruguay's economy shows steady growth with inflation control measures and a sound banking system
Foreign-Friendly
No restrictions on foreign ownership with the same property rights as citizens, plus favorable tax treatment for foreign investors
Value Appreciation
Property values have shown consistent appreciation of 5-8% annually in prime locations over the past decade
Popular Investment Hotspots
Punta del Este
Known as the "St. Tropez of South America," this peninsula offers prime beachfront properties with strong vacation rental potential. Luxury condos range from $280-450/sq ft with 5-8% annual rental yields. High season (December-February) sees occupancy rates near 95%
Montevideo
Uruguay's capital combines urban amenities with coastal living. The Pocitos, Punta Carretas, and Ciudad Vieja neighborhoods offer the best investment potential with growing tech sector driving rental demand. Prices range from $180-250/sq ft with steady 4-6% rental yields.
José Ignacio & Colonia
José Ignacio offers ultra-luxury properties ($600+/sq ft) with exclusivity and privacy, while UNESCO-listed Colonia del Sacramento provides historic charm with growing tourist appeal. Both areas command premium seasonal rental rates with strong appreciation potential.
Visa, Residency, and Citizenship Options
Visa
- Independent Means Visa: Requires proof of income of at least $1,500/month. Ideal for retirees or those with passive income.
- Investor Visa: Available to individuals investing at least $1.7 million in a business or real estate project in Uruguay.
- Temporary Residency: Allows for up to 2 years of residency with the option to apply for permanent residency after meeting requirements.
Residency
- Permanent Residency Timeline: After obtaining temporary residency, you can apply for permanent residency. There's no need for regular renewals once permanent residency is granted.
- Physical Presence Requirement: To maintain residency, you must spend a minimum of 183 days per year in Uruguay.
- Pathway to Citizenship: After 3 years of residency (if married) or 5 years (if single), you can apply for Uruguayan citizenship.
Citizenship
- Naturalization Timeline: After obtaining permanent residency, you can apply for citizenship after 3 years if married or 5 years if single, provided you reside in Uruguay for at least 183 days per year during this period.
- Dual Citizenship: Uruguay permits dual citizenship, allowing you to retain your original nationality while acquiring Uruguayan citizenship.
Information deemed reliable, but not guaranteed. Not intended to solicit sellers or buyers under written contract with another REALTOR®.
Steve Luther
Chief Troublemaker
CHORD Real Estate, LLC
Independently owned and operated.
Independently owned and operated.
Ashley Luther
COO/Managing Broker
CHORD Real Estate, LLC
Independently owned and operated.
Independently owned and operated.
713 18th Ave S, Nashville, TN 37203