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Uruguay for Retiring, Investing, or just Good Living 
By Lee Harrison

Just try to name another country like it. A country that offers,

Sure, this is great. But perhaps even better is that you get all this with

Read on, to discover the absolute best value for your second home dollar in Latin America today.

If you've never considered Uruguay as a place to live, or even to visit you´re going to be completely surprised by all it has to offer.

The US Department of State did a study last year that showed Uruguay to be among the least expensive places in the world to live. Who was higher? Places like Peru.  Who was lower? Swaziland, Gambia, and NepaL; not exactly among the world´s top retirement destinations.

The country is diverse. Montevideo is an old-world European style city with fine restaurants, colorful markets, sycamore-lined streets and a cultural scene second to none. Here you´ll encounter an honest, European culture that´s representative of what you´ll see throughout the country.

In Colonia, you´ll find that the original Portuguese settlement has been restored, and its residents have made it one of the finest examples of old colonial architecture in South America. With it´s year ´round tourist trade, Colonia is a great place to invest in a colonial restoration or a rental property.

Bordering the South Atlantic Ocean, Punta del Este has been South America´s premier beach resort for generations, with its well maintained beaches, exquisite restaurants, hotels, casinos, and events of every description. And perhaps the best part of Punta del Este is the extraordinary rental income you can generate on properties there, with many apartment owners getting high-season monthly rents of $6,500 and higher.

But if you´re looking for something on the ocean that´s a little more tranquil, you´ll find long, stretches of lonely, pristine beaches along the coast where you can stroll for hours without seeing any type of development at all.

In between, you´ll find thousands of square miles of rolling pampas - perfect for ranching - interspersed with clean, bright towns and cities reminiscent of the American Midwest. Here in the heartland, you can still buy this prime ranchland for around $100 per acre.
 

Everyone knows that Argentina is a great deal right now. But few people know that many Argentines are choosing Uruguay as their retirement destination because of its low cost of living, and world-class beaches. 

And as if that weren´t enough, residents of Uruguay are entitled to a second passport ...a real asset for insuring your privacy and mobility in today´s world.

Perhaps the most surprising thing about Uruguay though, is that the cost of living and buying property is among the lowest in the entire world, and your dollars and euros still pack a real financial punch. Yet despite all the advantages of this exciting country, you won´t find a single book in your local library or bookstore that talks about retiring or living in Uruguay.

This authoritative book on living and investing in Uruguay will give you more than 125 pages of up-to-date, hard information on one of Latin America´s top destinations.

  • Immigration: what it takes to get a visa and become a resident 
  • Customs: duty-free importation of your household goods 
  • Your second passport: a little-known fact about Uruguayan residency 
  • Real estate: with loads of current examples and extensive contacts 
  • Generating an income: with some of the highest rental returns in Latin America 
  • Pages of insider tips about day-to-day life in Uruguay 
  • The language: with a catalog of terms for real estate shopping as well as a list of differences between the Spanish of Uruguay and other Spanish-speaking countries. 

  • What´s more, you´ll get an extensive overview of the country, taking a critical look at the places most suitable for expat relocation or second-home purchase.

    And it´s all presented with lots of high-quality color photos !

    As an added bonus, for those people who want to see the investment angle on Uruguay, included in this book is a special report, Uruguay, for the Real Estate Investor. The report takes a look at the major markets in the country, with specific examples using properties currently available. It even calculates rental incomes in the country´s hottest rental market.
     
    According to the 2005 Worldwide Cost of Living Survey published by Mercer Human Resource Consulting, Montevideo is one of the least expensive cities in the world in which to live, being ranked at number 140 out of 144 cities in the survey.
    So get ready to join the select few who have already explored this
    unique and little known haven on the South Atlantic.
    • Learn where you can buy a riverside 3-bedroom home in a colonial city for under $40,000.
    • Find out about available ranchland in the pampas for just over $100 per acre.
    • See how you can earn rental incomes of well over 10% per year (in one case, 16%) in South Americas most dazzling beach resort. 
    • Learn about where a large, 4 bedroom beachfront home has just sold for under $100,000, and where there´s another 5-bedroom waterfront home on offer now for just $85,000! 
    • Study the sample budget and the price check to see what it´s going to cost to live in this exciting country.
    The Quality of Life Index from the United Nations Human Development Report for 2004 placed Uruguay respectably high in the world´s ratings.

    Who was below them? Panama, Mexico, Brazil, Ecuador, Venezuela, just to name a few.

    Author Lee Harrison is himself an expat who retired from the electric utility industry at the age of 49 and took up a new life abroad. He works as a freelance writer throughout Latin America, and is currently contributing as Latin American Roving Editor for International Living. He makes his main home in Cuenca, Ecuador.
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