It’s not every country that is described as “modest yet bold, liberal and fun-loving,” but that determination by the Economist Magazine was behind the publication’s naming Uruguay “Country of the Year” in 2013.
South America’s diminutive nation, second only to Suriname, is overshadowed by its neighbors, Argentina and Brazil. Like Argentina, Uruguayans have a strong European heritage with many tracing their roots back to Italy and Spain. That Euro-cum-Latin feel is evident in the food, music and the well-preserved colonial architecture.
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Other reasons that foreign investors choose Uruguay
«The least corrupt country in Latin America”
One of the top ten countries with “more freedom in terms of civil liberties and political rights”
Hassel- free policies to attract residents
Tax incentives for foreign citizens looking to acquire legal residency through the purchase of properties