Frequent questions
I would like to become a Uruguayan resident, what do I need to do?
To become a Uruguayan resident, four steps are necessary:
A. Collect and analyze documentation
B. Arrange the first hearing
C. Arrange the second hearing
D. Await the approval of the procedure and the relevant follow-up
A. Collect and analyze documentation
B. Arrange the first hearing
C. Arrange the second hearing
D. Await the approval of the procedure and the relevant follow-up
What documents do I need?
Documents are personal and, depending on the case, they may vary according to the solution we understand best for your situation. You will always need personal documentation. Some of the most common are vaccines information, birth certificates and criminal records.
If I become a Uruguayan resident, do I lose my country’s citizenship?
No. By becoming resident of a country, you will remain a citizen of your country of origin. While enjoying the rights of living in Uruguay, the conditions to live in your home country will remain unchanged.
What benefits do I have by obtaining the Uruguayan residency?
As in any other country, things are easier with a national identity card. Uruguay is no exception and having the Uruguayan ID card will make many processes easier.
Some benefits of obtaining the Uruguayan residency include:
- Opening of bank accounts
- Ease to buy or rent properties
- Entering and exiting Uruguay freely
- Indefinite stay in Uruguay
- Recognition of university degrees
- Purchase of any vehicle
- Access to credit cards
- Access to loans
- Incorporating companies
- Obtaining a tax residence
What type of company should I establish in Uruguay?
We will analyze the best legal vehicle to set up your business in the country. Depending on this choice, you will have your company open in less than 45 days.
How do I open a bank account in Uruguay?
There are two types of bank accounts in Uruguay. Resident account and non-resident account. We recommend opening a resident account, as it is easier, and you will save in maintenance fees.
With us, you can open a bank account remotely.
With us, you can open a bank account remotely.
I am looking to invest in Uruguay; may I invest in bonds or similar securities?
Yes. Part of our team is specialized in these matters. Investing through Uruguay is much easier than from other parts of the world.
Are citizenship and residency the same?
No, citizenship involves nationality. That is, in addition to being able to exercise all the rights granted by your residency, you may also vote and get your passport.
How long does the residency process take?
The residency process takes approximately four to six months, depending on the status of the documentation. Our team is committed to making the best follow-up so that your residency is approved as soon as possible.
Can I carry out the entire procedure from my country or do I have to go to Uruguay?
Depending on the country where you are currently based, and the state and format of your documentation, we will tell you if hearings should be held in Uruguay or we can start the process through the embassy.
To become a Uruguayan resident, do I have to live in Uruguay?
No, it is not necessary to live in Uruguay to process your residency.
This requirement is only mandatory if you wish to apply to a tax residece for taxation in Uruguay.
This requirement is only mandatory if you wish to apply to a tax residece for taxation in Uruguay.
How do I get a Uruguayan tax residence?
To obtain the tax residence in Uruguay, certain conditions must be met. Some of the most common include:
Staying in Uruguay during 183 days in one calendar year.
Investing approx. USD 500,000 and staying in Uruguay during 60 days in one calendar year.
Owning an investment in Uruguay of approx. USD 2,000,000 prior to July 2020 and still having it as of the date of the application.
One of my grandparents/parents is Uruguayan, can I become a citizen?
Yes. By law, the children/grandchildren of Uruguayans can easily become Uruguayan nationals. This process is shorter than becoming resident and provides the possibility of applying for the passport and voting card.
Why open a company in Uruguay?
Uruguay provides many benefits for investors. Opening your company in Uruguay will provide many taxing, collection, and billing solutions, among others.
What are the differences between temporary residency and permanent residency?
Temporary residency
- The temporary residency is a process by which the same rights and obligations as any Uruguayan are obtained.
- This process is reviewed and approved in approximately 4 weeks.
It may be done in different parts of the country. - The only limitation is that it may be granted for a maximum term of 4 years.
- The process begins with the collection of documentation, continues with a hearing, and ends with the issuance of the Uruguayan identity card.
- The difficulty of being granted the hearing depends on where it is applied for.
- The temporary residency is cheaper than the permanent residency.
Permanent residency
- The permanent residency is a process by which the same rights and obligations as any Uruguayan are obtained.
- It is a more complex process and is reviewed and approved in approximately two months.
- The day following the hearing, a provisional Uruguayan identity card may be issued while the case is being analyzed.
- This can only be done in Montevideo.
Although the permanent residency must be renewed, it has no time limit as to its granting. - The process begins with the collection of documentation, continues with a hearing, and ends with the issuance of the Uruguayan identity card.
- It is a little more expensive than the temporary residency.
I can't find my relative's birth certificate, what should I do?
To look for a birth certificate, we need as much information as possible. Our team will look for it and get it.
How to move to Uruguay?
Moving to Uruguay requires a lot of previous administrative steps, so that at the time of the move there are no inconveniences. In addition to the transfer, several procedures must be carried out with Customs, so that all goods arrive at their destination without any inconvenience.
Before submitting documents to Customs, it is necessary to carry out a series of procedures to generate all required documentation for everything to be processed correctly.
Requirements for being granted the Uruguayan residency
Anyone, by submitting personal documentation, may apply for residency in Uruguay and live in our country. Our team will provide you with the best solution according to your situation.
Are there work opportunities in Uruguay?
Uruguay is a country with many opportunities. Following our search tips, we have no doubt that the chances of you getting a job in Uruguay will grow exponentially.