Why Uruguay Makes So Much Sense

 

February 7, 2018
From the desk of Barbara Perriello

Why Uruguay Makes So Much Sense

Dear Reader,

We’ll kick off our 2018 South America Expedition in Punta del Este, Uruguay’s glamorous resort also known as the “Riviera of the South”. Famous for its long stretches of white sand beaches and energetic nightlife… gorgeous scenery and laid-back elegance … it’s also a favorite of real estate investors.

Why not join me this spring and discover for yourself why more and more Americans and Europeans are investing here… and why some expats even choose to take up full or part-time residence.

Whether you’re thinking about spending a season here or making a permanent move, Punta offers lifestyle options for all ages. Golf, polo, sailing, surfing and a host of other activities abound, not to mention… fantastic restaurants that keep up with the demand for fine dining.

Why Uruguay?

For starters, it has the highest GDP per capita in Latin America.

It has a broad middle-class, modern infrastructure and solid institutions.

Foreign and local investors receive equal treatment, private property is strongly respected and there are no restrictions on the movement of capital in and out of the country.

Transparency International has consistently rated Uruguay as the least corrupt country in Latin America throughout the years.

The Economist Intelligence Unit rates Uruguay as the most democratic country in the continent.

And, the World Justice Project rates the country at the top of the list in terms of rule of law.

A summary of Uruguay’s advantages…

  • A solid and predictable legal system
  • Political and economic stability
  • Social stability, thanks to the existence of a middle class, relatively low levels of poverty and the lowest ratio of income disparity in Latin America
  • Low rate of corruption
  • An open economy, with free flow of capital (inward and outward) and free convertibility of currency
  • Equal treatment – guaranteed by law – to local and foreign investors
  • A solid banking system
  • Generous tax incentives for investment projects, both large and small
  • A dozen free trade zones, from which hundreds of global companies operate with offshore customers, tax-free
  • Easy residency, citizenship and second passport program
  • Farmland investments
  • Real estate, either as an investment or a residence
  • Punta del Este – South America’s premier coastal city

Obtaining residency in Uruguay is a relatively straightforward and inexpensive process. The catch is that Uruguayan officials want you to live here. While there is no hard and fast rule, our consultants recommend that you spend from six to ten months per year in-country, especially during the first two years.

What’s the payoff?

You can apply for Uruguayan citizenship after only four years, making it an excellent option for those seeking a second passport.

Uruguay is an excellent choice if you’re looking to relocate – it’s among the top countries in this region when it comes to infrastructure. Here is where you’ll find the best overall road system and the most reliable electrical grid…plus one of the fastest overall internet speeds in Latin America.

In fact, Uruguay was the first country in the world to completely implement the One Laptop per Child Initiative. Every child in the public education system – in both primary and secondary schools – has a laptop!

On top of all that, there’s top-notch medical care, safe drinking water and good public transportation… and one of the highest standards of living in the region.


In Punta, you’ll meet our inside expert, Juan Federico Fisher, managing partner of Fischer & Schickendantz, a leading law practice in Uruguay – and he will give you an overall introduction to the country.

We’ll be joined by Ted Bauman, Banyan Hill Publishing’s popular editor who specializes in asset protection, privacy, international migration issues and low-risk investment strategies. Ted is well-known for his Alpha Stock Alert, The Bauman Letter and his column in The Sovereign Investor Daily.

“Uruguay, a fascinating little country of gorgeous mountains and coastlines, unspoiled and safe colonial cities, calm and content people, and great value for money, meets all of my criteria.” —Ted Bauman

And we’ll introduce you to our associate and “boots on the ground” expert, Steve Rosberg,founder and managing partner of Ushay, an investment company that creates and manages forestry, vineyard and construction projects in Argentina and Uruguay.

You’ll also meet other distinguished members of our team who will make it easy to learn everything you need to know about this attractive lifestyle destination… the “ins and outs” of farmland investing and residential real estate… the easiest way to establish a business… obtain residency and citizenship.

You’ll learn about all sorts of investments…

Farmland investing in Uruguay is an attractive global investment option for the medium and long term… here’s why:

Uruguay is one of the most suitable places in the world for farming, cattle breeding and forestry developments, thanks to the country’s warm temperate climate, non-degraded soil, and availability of water.

Known for its history of stability and safety – it’s rated #2 in South America by the 2017 Global Peace Index – and for its record on protecting foreign investment, and for its solid legal system.

Technical expertise, infrastructure and farm management personnel are widely available and make it easy for a non-farmer to invest with confidence.

Transparency – soil types and productivity ratings are available online for every property. You can verify a property’s potential and compare it to others with ease.

The 3 Main Options for Farmland Investing in Uruguay

Agriculture

Soy, Wheat & Corn – Uruguay is a global player, among the world’s leading exporters

Cattle Breeding

Hereford and Angus cattle – 90% are on natural pastures, use of antibiotics and growth hormones is prohibited, 100% traceability from birth to slaughter and a high sanitary status. Uruguay’s beef exports, which account for 5% of global sales, reach more than 150 countries.

Forestry

Eucalyptus & Pine – Uruguay has two of the world’s largest paper mills, FSC (Forest Stewardship Council) certified.

Real Estate

Uruguay offers a diversity of options to foreign buyers, depending on whether you’re looking at a full time home or one to enjoy for only part of the year. Under Uruguayan laws, foreigners are allowed to own real estate.

Montevideo – the country’s capital and most populous city, boasts pleasant coastline neighborhoods with pedestrian streets and colonial architecture in the Old City. Choose from condominiums, single family homes and large estates.

Punta del Este – South America’s premier beach destination offers unparalleled beauty and style on a large stretch of diverse white sand beaches, favored by foreign buyers.

Colonia del Sacramento – an irresistibly picturesque town on the east bank of the Rio de la Plata, 120 miles west of Montevideo but only a little more than 30 miles from Buenos Aires by ferry. This 17th-century UNESCO World Heritage site is another favorite with expats.

Vacation Rental Properties – Travel articles about Uruguay almost always focus on Punta del Este and surrounding towns like La Barra and José Ignacio but vacation rentals exist all along the coastline and into the countryside. Tourism is the country’s number three economic activity and continues on the rise.

About That Wine!

Uruguay’s wine exports have risen 544% since 2011, due to an increase in bulk wine sales to Russia. Today wine imports to Russia exceed 20 million liters annually but despite the surge in bulk sales, Uruguay wineries are following what the Argentine producers did with Malbec. They’ve adopted a laser-like focus on premium wines and blends featuring Uruguay’s signature grape… Tannat.

This is merely a glimpse into what you’ll learn during our three info-packed days in Punta…

Together, our professional experts and local contacts will give you in-depth coverage on all the topics you want to hear about if you’re considering Uruguay as an investment, a second home or permanent residence, or simply an extended vacation.

Mary Anne Thompson is one of our “on the ground” contacts in Punta del Este and recently I asked her to give me an overview of her take on the lifestyle and cost of living. Here’s what she had to say…

I arrived here in 2006 after working in Asia and Sao Paulo, Brazil. Today I live in the La Barra area near Punta del Este with my two children, ages 12 and 10. I love the lifestyle that Punta affords – things move a little slower here – people take leisurely lunches and stay up late.

While the quality of life can be expensive, most people live simply, treat each other kindly and enjoy the sunshine. It’s a great city! Punta is flat so it’s great for walking and the local government has begun an initiative to create bicycle lanes.

Good quality healthcare is available and affordable.

During the summer it gets very crowded but we actually enjoy the change. Locals are warm and welcoming and quick to offer a helping hand. There’s a large international community and a wonderful expat scene.

Fortunately I have a flexible schedule – I work part-time at the International College and prepare students for exams during the winter. For two summer months, I rent my house to vacationers and move to a smaller home nearby. My children love the “adventure” and it provides extra income as well.


Expats in Uruguay, especially Americans, enjoy a relatively low cost of living. Public transport is safe and efficient and local foods are organically grown and affordable.

Average Monthly Budget for a Family of Four – $1790 (US)

Groceries including cleaning products$350
Transportation, telephone, cable TV$130
Internet$30
Electricity$140
Leisure Expenses – movies, coffee, bars, etc$300
Housekeeper – full-time$450
Rent – 2 BD apartment (less outside of Montevideo)$900
Health Insurance1700/year

And there’s more…

Uruguay’s close and popular neighbors – Argentina and Chile – offer incredible destinations if you enjoy traveling and discovering new places… another appealing aspect if you’re considering a full or part time residence here.

Take a look below for a small sampling…

Chile’s Easter Island – one of the Earth’s most remote places, a World Heritage site since 1995, famed for its mysterious statues created by inhabitants during the 13-16th centuries…

Exotic Iguazu National Park – bordered by Argentina and Brazil – a UNESCO World Heritage site that contains one of the world’s most spectacular waterfalls…

Are you an outdoor adventurer? If so, you might enjoy the Lakes District in Chile where you can hike, bike, kayak, raft and go horseback riding surrounded by dramatic lake and mountain scenery…

Patagonia – South America’s southern frontier offers a wealth of stunning landscapes and experiences, from impressive jagged peaks and pristine rivers to another UNESCO World Heritage site – the incredible Peninsula Valdés known for the marine animals inhabiting its surrounding beaches and waters.

Note: Be sure to let me know if you would like to extend your stay to include any of these or other destinations like Bariloche or the Glaciers.

I would be happy to assist you with your arrangements.


Our South America adventure this spring is truly an exclusive expedition …

From the gorgeous sights and sounds of chic – but laid-back – Punta del Este in Uruguay… to sophisticated, cosmopolitan, lively Buenos Aires…

From the tranquility of La Estancia de Cafayate and the spectacular landscape of Salta province…

To the incredible Mendoza wine region and the delightful Harvest Celebration.

Folks who have joined me in the past still rave about this trip because it’s unlike anything else out there. You’ll see so much more than you possibly could on your own – and more affordably too … and in like-minded, fun loving company!

Uruguay and Argentina are among those special places you’ll want to experience again and again.

Don’t delay – take advantage of this special invitation to an in-depth experience – to see for yourself what these unique countries have to offer… and why it makes so much sense to put them on your radar.

Reserve Your Spot Today and Save $200 – Space is Limited! We only accept a maximum of 20 people on this exclusive tour to ensure that our special brand of personalized service is the best it can be.

You’ll need to act soon though and reserve your spot if you’re interested in joining us.

There are only 8 places left!

We’ve extended the Early Bird deadline to the end of this month so if you act now, you’ll also qualify for a discount of $200 per person.

Go here to get all of the details about pricing and what we’ll be doing day-by day.

Please give me a call at 800 926 6575 or+561 243 6276 or send me an email and I’ll reserve your spot. It’s that simple.

I hope you’ll join me – I look forward to meeting you in Punta this spring!

Cordially,

Barbara Perriello, Director
Opportunity Travel

P.S. 2018 Sprott Vancouver Natural Resource Symposium – July 17-20 – Speakers Confirmed!!! Once again the landmark Fairmont Hotel in the heart of downtown Vancouver will be the site of the annual Sprott Vancouver Natural Resource Symposium, hosted by the Sprott Group of Companies and Rick Rule. You don’t want to miss these experts and legends of the resource world – James Grant, Doug Casey, Robert Friedland, Teeka Twari, Alexander Green, James Rickards, David Stockman, Eric Fry and still more to be added.

Act Now and claim your discount – only $599 per person but soon the rate will go up to $799. Get all the info here or simply give us a call right now at 800 926 6575 or 561 243 6276, OR you can send us an email at mailto:info@opportunity-travel.com.


Where We’re Headed Next …


Why Do More U.S. and Canadian Expats
Choose Mexico Over Any Other Country?

February 16 – 28, 2018

More than 2 million Americans and 500,000 Canadians live in Mexico. You might guess they’re there for the friendly culture, the tremendous convenience, and the amazingly low cost of living. But there’s something more …

The answer, here, may surprise you.


India Travel Writing Expedition
February 23 – March 5, 2018

Join Great Escape Publishing next year to travel to four of India’s most fascinating cities—Old Delhi, Jaipur, Amber, and Vrindavan—and visit the iconic Taj Mahal under the glow of the full moon.

You’ll explore ancient forts and sacred temples… sample savory local delicacies… wander through bustling bazaars … and soak up India’s rich, spiritual heritage… all with a professional travel writer by your side, ready to teach you the simple, proven techniques she uses to create in-demand travel articles you can sell when you return home.

Plus, you’ll experience the magical Festival of Colors, commemorating the beginning of springtime and celebrating new life and energy for the season.

It’s sure to be the trip of a lifetime. Grab one of the last few seats before it sells out!

Get the Details!



Join Us Next Spring for a 12-Day Adventure
in South America

Tangible Assets, Residency & A Grand Lifestyle

Next April 3-16, 2018 we’re extending our South America Expedition into Uruguay to give you the opportunity to learn what this country offers as an investment and relocation destination.

We’ll start off in Punta del Este, known for its beaches, surfing, beautiful people and lively nightlife. Our on-the-ground expert, Juan Federico Fischer will talk about the lifestyle here and share what you need to know about residency, citizenship, and agriculture investing.

There’s never been a better time to experience Argentina and rest assured, we’ll travel in style and comfort – from wonderful, exciting Buenos Aires… to the spectacular landscape of Salta Province… to the incredible Mendoza wine region.

We’ll visit Doug Casey’s masterpiece development, La Estancia de Cafayate. You’ll see for yourself what it’s like to live in a peaceful, breathtakingly beautiful community, away from the rat race – with like-minded neighbors, world renowned wines, a perfect climate… plus a healthy lifestyle to boot!

Steve Rosberg, founder and managing partner of Ushay Investments, will introduce you to the world of tangible asset investing in forestry, vineyards and commercial property.

And, in the Uco Valley – often compared to California’s Napa Valley – you’ll experience an amazing lifestyle opportunity at the base of the spectacular Andes Mountains. We’ll see properties in the early stages of development at La Morada, featuring beautifully constructed homes and surrounded by grapevines for as far as you can see.

This is an exclusive, high-access trip. You’ll be wined and dined in the finest restaurants … stay in elegant hotels … visit top-rated and state-of-the-art wineries … experience the “jaw-dropping” beauty of these countries … and so much more!

More details here …

Space is limited, don’t delay. Get the details by calling +800 926 6575 or +561 243 6276 or send us an email.


The Oxford Club’s 20th Annual Investment U Conference
March 15-18, 2018 l The Four Seasons, Las Vegas

Every spring, the Club hosts its biggest event of the year: the Annual Investment U Conference. For this signature event, we spare no expense to bring you the latest and greatest from the investing world … and this year will be the best yet.

Throughout this event, you’ll discover dozens of profitable ideas from our team of expert analysts, as well as investment insights from more than two dozen of the industry’s top economists and investment minds. Join us as we celebrate two decades of success and tremendous profit opportunities brought to life through this premier event. Year after year, we’ve seen the ideas shared at this conference soar to great heights thanks to the dozens of top analysts and their top-notch research.

We’re excited to see what’s coming next. For our 20th anniversary, we’re going big. We’re thrilled to welcome you to the ultra-luxurious Four Seasons property in Las Vegas, Nevada. For more information about this event, and to reserve your spot today

For more information about this event, and to reserve your spot today, click here.


Sprott Natural Resource Symposium 2018 
Fairmont Hotel Vancouver – July 17-20

Once again the landmark Fairmont Hotel Vancouver in the heart of downtown Vancouver will be the site of the 2018 Natural Resource Symposium, hosted by the Sprott Group of Companies, and the returning Symposium chairman and your personal host, Rick Rule. It’s not too soon to claim your Early Bird Discount!

For more information about any of these events or expedtions, simply give us a call right now at 800 926 6575 or 561 243 6276OR send us an email at info@opportunity-travel.com


For more information about our tours or conferences, please contact, Barbara Perriello or Michelle Sedita at Opportunity Travel by email at info@opportunity-travel.com or by phone at +561.243.6276 or toll-free at +800.926.6575.


Disclaimer: Nothing in this e-mail should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. In the interest of full disclosure: Opportunity Travel may receive commissions from any property sales made during any of its trips. And, as a travel agency, we often receive a commission from hotels when we book rooms for our tours and conferences.
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