Uruguay
How Uruguay performs
Tax
On the high side. Taxes here are heavier than in most countries we cover (86th of 123). Worth taking tax advice before you move. Personal income tax 0-36%, corporate tax 25%, VAT 22%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Safe. Uruguay is safer and more stable than most countries we cover (38th of 117).
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Fairly expensive. Everyday life costs more here than in most countries we cover (91st of 118). Budget for it.
Source: Numbeo Cost of Living Index
Education
Good education. Education here is stronger than in most countries we cover: Uruguay is 48th of 120.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 25% |
|---|---|
| Personal income tax | 0-36% Applicable tax rate varies based on the amount of income earned |
| Standard VAT | 22% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 5 years3 years for applicant who has family in the country
- Language requirement
- YesProficiency in Spanish language
- Investment Immigration Pathway
- Not applicable
- Official language
- Spanish
- Dual citizenship
- Allows dual citizenship
Peru
Canada
Chile
Guatemala