La Baguala is Montevideo’s best kept secret. Located in a unique spot: a rural area, surrounded by vineyards in front of the Rio de la Plata River. A real estate development that joins countryside lifestyle and the enchanting beaches, only
17 kilometers away from downtown and the port.
The project offers 112 plots of land, 3 hectares each, with a variety of unique features and landscapes: some with direct access to the white sand beach, some in the middle of the woods, and some high plots of land with beautiful views of the ondulated farming landscape.
With 3.5 million inhabitants, Uruguay, considered a leading country in the region, may well be regarded as the best country to invest in Latin America. Its upmarket town of Punta del Este is often referred to as the “Monaco of South America”. Foreigners appreciate its level of security and its unique coastal areas with beautiful beaches and countryside landscapes. The country also offers all kinds of services and infrastructure combined with a huge productive capacity powered with clean energy, specially in the field of software and IT products, and the exports of all manner of services.
Uruguay offers very attractive benefits for foreigners who wish to obtain fiscal residence in the country. It can be obtained in two ways:
• By making a Real Estate investment of not less than U$D 390.000 plus a yearly residence in the country of more than 60 days.
• By directly investing in a company in Uruguay on amounts of at least USD 1.680.000 which generates more than 15 new jobs.
A fiscal resident in Uruguay may choose between:
• Paying no income tax on the income from movable capital originated abroad, for the current tax year in which fiscal residence is granted, and for the following ten years.
• Paying 7 % tax on such returns instead of a 12 % (which is the standard rate of the tax), for an unlimited future.
• Uruguay has a very attractive business climate.
• Important tax and import duties exemptions to investors.
• New tax benefits for fiscal residents.
• Investment grade and lowest country risk rate in South America.
• 17 consecutive years of GDP growth.
• 11 Free trade zones throughout the country.
• Full legal security and a strong democracy.
• Low demographic density of population.
