Uruguay is the ideal destination for investors, retirees, and families looking for stability, low taxes, and a high quality of life. Are you ready to make a move?
As Uruguay Property, we have been helping international clients like you for over 20 years. We clarify the essential steps and show you how our local network give you acess to all real estates and saves you money on closing costs.
Quick Facts: Buying Property as a Foreigner
How do I search for property?
You can start your search directly on UruguayProperty.com, but we also recommend major local portals like MercadoLibre.com.uy or Infocasas.com.uy. Simply send us the links via WhatsApp at +598 99 893 420, or Mail and we will handle the property verification and represent your interests fully.
Are there restrictions for non-citizens?
No, none. Foreigners enjoy the same property rights as Uruguayan citizens. You can buy residential, commercial, or rural land without any residency permit.
Do I need to be a resident (Cédula) to buy?
No. A valid passport is sufficient for the purchase itself. You do not need to have a residency permit (Cédula) to own property here, though residency offers significant tax benefits later.
What currency is used for the purchase?
All real estate buying transactions in Uruguay are priced and paid in US Dollars (USD). Rental is in Uruguayan Peso (UYU) or in US Dollars (USD)
Buying Process: Your Easy way
Must I be present for the purchase?
Only if you want, if not, you are not required to be physically present. We manage purchases for many international clients remotely. The decision is entirely yours, and we handle the full process either way.
How does remote closing work?
We require a Power of Attorney (POA). You sign this document with a Notary in your home country, get it authenticated with an Apostille, and courier the document to us. We finalize the closing here.
Should I rent before I buy?
Depending on your goal, buying upfront can save you money. You can also buy a piece of land and build there.
What does the Escribano (Notary) do?
The Escribano is mandatory. They perform the legal title search, verify all tax matters, and are legally responsible for registering the deed in your name. They ensure your purchase is secure.
The Financial Advantage: Closing Costs 7%-8%
The Key Fact: Standard closing costs for the buyer are usually 8% to 9%. Thanks to our special long-standing agreements with legal partners, Uruguay Property clients benefit from total transaction costs of only 7% to 8%.
| Cost Item | Real Estate Commission | Notary Fee | Property Transfer Tax |
|---|---|---|---|
Fee |
3% + IVA ~ 3.66% |
1.5% – 3% + IVA |
2% of Cadastral Value |
Are there restrictions for non-citizens?
No, none. Foreigners enjoy the same property rights as Uruguayan citizens. You can buy residential, commercial, or rural land without any residency permit.
Do I need to be a resident (Cédula) to buy?
No. A valid passport is sufficient for the purchase itself. You do not need to have a residency permit (Cédula) to own property here, though residency offers significant tax benefits later.
What currency is used for the purchase?
All real estate buying transactions in Uruguay are priced and paid in US Dollars (USD). Rental is in Uruguayan Peso (UYU) or in US Dollars (USD)
Tax & Residency: How a Cédula Saves You Money
What is the 11-Year Tax Holiday?
Answer: Uruguay offers an 11-year exemption on all foreign-sourced passive income (like interest and dividends) if you obtain Tax Residency. This is a massive financial advantage for international investors!
How does residency affect annual property tax?
Answer: As a Legal Resident with a Cédula, you pay a significantly lower annual Wealth Tax (Impuesto al Patrimonio) on your Uruguayan property compared to a Non-Resident. This saves money every single year.
Ready for Your UPgrade in Uruguay?
Your property purchase should be secure, cost-effective, and fully supported. Our decades of local experience, specialized legal network, and competitive fee structure ensure a smooth process.
Free Consulting
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