Buying Real Estate in Uruguay as a Foreigner
Uruguay is one of the few places in the world where buying property as a foreigner is simple and transparent. There are no restrictions on property ownership, transactions are regulated by clear laws, and the market offers a wide range of options—from modern apartments in Montevideo to spacious villas in Punta del Este.
Key Benefits of Buying Property in Uruguay
Foreign buyers enjoy the same rights as Uruguayan citizens. No residency or citizenship is required.
All purchases are verified by a notary (Escribano Público), ensuring full legal protection.
Buyers can transfer money into the country without extra taxes or limitations. Property owners can also sell and repatriate their funds freely.
Uruguay is one of the safest and most economically stable countries in Latin America. Property values continue to grow, especially in high-demand tourist areas.
Proof of Funds Requirement
To complete a purchase, buyers must verify the legal origin of their funds. This requirement ensures compliance with financial transparency and anti-money laundering regulations.
- Bank statements showing fund movements
- Tax returns or income declarations
- Proof of asset sales (business, real estate, etc.)
- Inheritance or dividend statements
Real Estate Buying Process in Uruguay
We assist you in finding the right property based on your budget, goals (investment, residence, or rental), and market conditions.
A "Boleto de Reserva" (reservation agreement) is signed, and a deposit (typically 10% of the price) is made.
A notary (Escribano Público) reviews the property’s legal status, checks for debts, and ensures compliance with regulations.
Once all verifications are complete, the final deed ("Escritura Pública") is signed and notarized.
The remaining balance is paid, and the notary registers the property with the government, officially transferring ownership.
Why Invest in Uruguay?
Buying property in Uruguay is a secure and profitable process. Clear legal regulations, no restrictions for foreign investors, and strong legal protection make it an ideal country for purchasing real estate or making long-term investments.
Frequently Asked Questions
No, foreigners can buy property without residency requirements.
Typically via bank transfer in USD. Proof of funds is required.
Generally between 30 and 60 days, depending on the complexity of the transaction.
Yes, we provide full assistance—from property selection to document processing.
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