República Oriental del Uruguay (The Oriental Republic of Uruguay normally rendered as Uruguay) is a South American country which lies on the Atlantic coast, located between Brazil and Argentina, with a population of some 3.3 million people. According to the United Nations, Uruguay is one of the Latin American countries with the highest alphabetization rates, lower inequity index and highest human development levels
Uruguay‘s economy is largely based on agribusiness making up the most substantial export. Agriculture (soya, rice, and wheat), cattle raising (cows and sheep) and agro industry derived products (meat, leather, milk and dairy) are the country’s main resources. In the same way, over the last decades, a sustainable development of forest and tree resources is favoring the emergence of a booming export forest industry (mainly cellulose). Services (financial, logistics, transport and communications) also stand out as well as the dynamic IT industry, particularly software development and linked services.
Montevideo, is the capital city but also the most important port, followed by the ports of Colonia del Sacramento, Fray Bentos, Nueva Palmira, La Paloma. Other major cities are Paysandú and Salto on the River Uruguay, and on the Atlantic coast, 140 kilometers east of Montevideo: Punta del Este, one of the best-known seaside resorts in South America.
Working and living in Uruguay
Tax and investment profile