Uruguay Fast Facts

Uruguay

Population: 3,324,460 (July 2013 est.)

Capital City: Montevideo

Climate: Warm temperate; freezing temperatures almost unknown

Time Zone: GMT-3

Language: Spanish (official)

Country Code: 598

Coastline: 660 km

Uruguay: A Latin American Safe Haven

Are you looking for a true safe haven in Latin America?

If so, you need to know about Uruguay—a politically, economically, and socially stable country with a mild climate free of earthquakes and hurricanes.

Uruguay is below the tropical zone and has four seasons. The average summer high temperature is 82 degrees F, cooling down to 63 F at night. The average winter high temperature is 57 degrees F, cooling down to 43 F at night. Because Uruguay is in the Southern Hemisphere with opposite seasons, summer is in December, January, and February.

Besides mild weather, Uruguay has a warm social climate. You’ll find less economic disparity here than anyplace else in Latin America. Uruguayan culture is noted for tolerance and inclusiveness. And expats who are respectful of Uruguay’s culture and make an effort to learn some basic Spanish report feeling comfortable and accepted here.

Uruguay is also among the top countries in the region when it comes to infrastructure. Here, you’ll find the best overall road system, the most reliable electrical grid, and one of the fastest overall internet speeds in Latin America. You’ll also find quality medical care, safe drinking water, and good public transportation.

Even though Uruguay is a small country, it offers a variety of lifestyle options. Choose among places like Montevideo, the capital city with an active cultural scene; Punta del Este, the continent’s most sophisticated beach resort; La Paloma, a small beach town on the Atlantic coast; or a small farm or rural town in Uruguay’s countryside.

But what about Uruguay’s solvency? The country of Uruguay has investment-grade sovereign bonds. The locally-owned banks are well capitalized and safe. In 2009, when most of the world’s economy was suffering from the global recession, Uruguay posted an economic gain. There were no failed banks, and the rate of nonperforming loans throughout the country was just 1%.

Uruguay is a popular place to invest in real estate. That’s because foreigners can buy, own, and sell property with the same rights and protections as a Uruguayan citizen. Uruguay’s government welcomes foreign investment by individuals, the system for registering property ownership is solid, and property rights are enforced.

Uruguay is a nice place to spend time. It’s a small food producing country, which offers a variety of pleasant lifestyle options that is out of the way of world conflict.

From the Archives of Uruguay Articles

Romance and Fine Dining in Colonial Uruguay

Romance and Fine Dining in Colonial Uruguay

Colonial Living
By |
December 11, 2012

Just 28 miles across the river from Buenos Aires (a 50-minute ferry ride) and a two-hour drive from Montevideo... through the richly fertile Rio de la Plata riverbed and past some of Uruguay’s famous farmland and vineyards... Colonia de Sacramento (or just "Colonia," as it is commonly called) is right off a picture postcard with its cobblestoned, well-shaded sycamore-lined streets.

“Trying Out My Basic Spanish in Uruguay”

“Trying Out My Basic Spanish in Uruguay”

Expat-Advice
By |
December 6, 2012

I came from the US to Uruguay in 2006. After living in the beach community of Punta del Este for a year, I decided to explore Uruguay's interior. In Punta del Este and Montevideo, Uruguay's capital, it is common to run into bilingual Uruguayans who speak English. However, in the country's rural interior there are few English speakers.

Business Opportunities for Expats Overseas

Business Opportunities for Expats Overseas

Once you’re in a new place, entrepreneurial expats report, it’s not hard to spot niches or gaps in the market that you’re perfectly suited to fill. You may end up making money in a way you’d never have predicted back home. To prove that point, we’ve collected the stories below from expats abroad who happily fund “the good life” through ventures they discovered—or created—overseas.

Five Reasons You Should Move to Uruguay

Five Reasons You Should Move to Uruguay

Countries
By |
October 20, 2012

Montevideo, Uruguay’s capital, intrigued me with its historic architecture, plazas, and café culture. Punta del Este, South America’s premier beach resort, awakened my senses, with its beautiful beaches and endless menu of activities. The Rocha region, with its palm tree-dotted prairies and pristine Atlantic beaches, filled me with primal wonder.

Surprising Uruguay Video Reveals All

Surprising Uruguay Video Reveals All

Countries
By |
July 11, 2012

We're just two days away from our extraordinary "Uruguay Project," nearly two years in the making. Suzan Haskins has explored every inch of this surprising country. From its world-class city...to golden beaches and seaside resorts...to the lush interior and authentic colonial towns...we're confident you'll love Uruguay as much as Suzan.

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