IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL5.11▼ 0.17% USD/MXN17.46▼ 0.49% USD/CLP923.90▼ 0.41% USD/COP3,240▼ 3.09% USD/PEN3.39▼ 0.31% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.20% USD/PYG6,055▲ 1.53% USD/BOB10.14▲ 4.01% USD/DOP58.48▼ 0.12% USD/CRC448.82▲ 1.40% USD/GTQ7.63▲ 2.28% USD/HNL26.72▲ 1.50% USD/NIO36.62▲ 0.23% USD/VES707.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.07▲ 0.80% USD/TTD6.75▲ 1.32% EUR/BRL5.83▼ 1.07% BRENT 76.01 ▼ 0.38% WTI 71.41 ▼ 0.93% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.08% GOLD 4,114 ▼ 0.41% SILVER 60.17 ▼ 0.35% SOY 1,191 ▲ 0.93% CORN 461.00 ▲ 7.77% WHEAT 640.25 ▲ 4.74% COFFEE 318.60 ▼ 10.74% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 6,100 ▼ 3.31% BEEF 235.20 ▼ 0.02% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 64,131 ▲ 0.01% ETH 1,809 ▲ 0.75% SOL 76.90 ▼ 1.49% XRP 1.10 ▼ 0.56% BNB 574.50 ▼ 0.09% ADA 0.17 ▼ 0.31% DOGE 0.07 ▼ 1.01% AVAX 6.52 ▼ 3.23% LINK 8.02 ▲ 0.78% DOT 0.86 ▼ 2.10% LTC 44.74 ▼ 0.03% BCH 246.19 ▲ 0.38% TRX 0.33 ▼ 0.16% XLM 0.19 ▼ 2.07% HBAR 0.07 ▼ 2.88% NEAR 1.88 ▼ 0.41% ATOM 1.58 ▼ 0.34% AAVE 98.50 ▲ 2.88% SELIC 14.25% EMBRAER 84.60 ▲ 0.88% EMBRAER ADR 66.01 ▲ 0.72% JBS 11.91 ▲ 1.53% JBS BDR 60.78 ▲ 1.22% MBRF3 15.55 ▲ 0.91% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93% EGX 52,312 ▲ 0.54% USD/ZAR16.35— 0.00% USD/NGN1,376▼ 0.12% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY161.67▼ 0.44% 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SILVER 60.17 ▼ 0.35% SOY 1,191 ▲ 0.93% CORN 461.00 ▲ 7.77% WHEAT 640.25 ▲ 4.74% COFFEE 318.60 ▼ 10.74% SUGAR 14.86 ▼ 1.72% ORANGE JUICE 143.25 ▼ 4.44% COTTON 80.87 ▲ 6.18% COCOA 6,100 ▼ 3.31% BEEF 235.20 ▼ 0.02% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 64,131 ▲ 0.01% ETH 1,809 ▲ 0.75% SOL 76.90 ▼ 1.49% XRP 1.10 ▼ 0.56% BNB 574.50 ▼ 0.09% ADA 0.17 ▼ 0.31% DOGE 0.07 ▼ 1.01% AVAX 6.52 ▼ 3.23% LINK 8.02 ▲ 0.78% DOT 0.86 ▼ 2.10% LTC 44.74 ▼ 0.03% BCH 246.19 ▲ 0.38% TRX 0.33 ▼ 0.16% XLM 0.19 ▼ 2.07% HBAR 0.07 ▼ 2.88% NEAR 1.88 ▼ 0.41% ATOM 1.58 ▼ 0.34% AAVE 98.50 ▲ 2.88% 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More and more Europeans choose Uruguay as emigration country

By · August 27, 2022 · 6 min read

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Europeans are increasingly choosing Uruguay as a country of immigration. In the first six months of this year, 52,277 Union citizens applied for a residence permit in the smallest Spanish-speaking country in South America.

On the other hand, from the beginning of the pandemic until now, Argentines have accounted for 60 percent of the residence permits requested to settle in Uruguay.

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In 2021, 14,926 procedures were initiated to obtain Uruguayan citizenship. This is more than forty per day and an increase of 44 percent compared to 2020.

More and more Europeans choose Uruguay as emigration country
More and more Europeans choose Uruguay as an emigration country. (Photo internet reproduction)
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Among the settlements favored by Europeans are Maldonado, Punta del Este and other areas such as José Ignacio and Garzón.

According to El Observador, the new immigrants come mainly from Germany, Belgium, France, Holland, Italy, Sweden, England, Switzerland, Spain, Poland, and the Czech Republic.

According to Francesca Magno, immigration law specialist and current head of the Residency and Immigration Department at “Andersen Uruguay,” this phenomenon is due to the tax benefits offered by the government, the ease of adaptation to society, and the quality of life in Uruguay, among other factors.

Among the immigrants who come to the country, there is a particular profile, that of those who want to retire from professional life and find peace of mind.

According to Magno, Uruguay is “spectacular” for this group: “There is an excellent quality of life – among other things, a wide cultural and gastronomic offer – an excellent level of health and many opportunities for investment with tax benefits.”

Given the increasing popularity of remote work, many Europeans have chosen to move to Uruguay while continuing their work, as they find in this country a good educational offer for their children.

The director of the Admissions Office of the International University in Punta del Este affirmed that there had been an increase in the arrival of students from Belarus, Germany, Russia, and Spain in recent months.

HOW TO BECOME A RESIDENT OF URUGUAY

Make sure you start getting everything together before you travel:

  • Birth certificate – must be apostilled/legalized* in your country of birth. Once you arrive in Uruguay, get it translated by an official Uruguayan public translator. Any other translation won’t be accepted.
  • Marriage certificate – It must be apostilled/legalized in the country where the marriage occurred. As above, once in Uruguay, go to an official public translator to get the translation.
  • Criminal records – Before you arrive, apply for certificates from the police in your country of birth and any other country where you’ve lived for the last five years, establishing that you have no prior criminal record. These also have to be apostilled/legalized and translated.UPDATE The criminal record report must be a maximum of 6 months old when it is filed. This is a more relevant factor in light of the current delay in getting an appointment – see below. USA nationals do not need to get a criminal record report as they can get one from Interpol in Montevideo.
  • Income – You’ll need to show evidence of a minimum monthly income, the source of that income (such as your retirement pension, the rental of property in Uruguay or abroad), and that the income is being paid into an Uruguayan bank account. A ballpark figure for a minimum income for a single person could be around 1,500 USD. An Uruguayan public notary will need to certify it.
  • Passport
  • A passport-style photo
  • A vaccination certificate that the Uruguayan Ministry of Public Health recognizes. Adults must have had the MMR and a current tetanus shot. You can get vaccinated in many local hospitals if you have not had these or cannot prove it. Children must have the same vaccinations as Uruguayan children. Note that is absolutely essential to file this certificate at the initial interview. See all vaccine requirements
  • Health card (carné de salud) You get this in Uruguay. Most private hospitals and clinics provide medical cards. At a private clinic, you make an appointment, and the process takes about 15 minutes and costs around 70 USD. The state provides health cards for free (go to the Ministerio de Salud Pública, Durazno 1242, Montevideo) but you can expect to spend a long time waiting around in rather run-down surroundings (and don’t expect anyone to speak English).

Note: The documentation required by Mercosur nationals is different from the above.

* Apostille/Legalisation:
Without going into detail, this can involve getting the country authority to confirm that this is an original document or copy of one and then going to the nearest Uruguayan consulate for them to confirm that the stamp from the country authority is indeed what it says it is.

The most important residence requirement of all when immigrating to Uruguay
The Uruguayan immigration office (Migraciones) applies the criteria of “intent to reside permanently” to all applicants.

And they actively examine immigration records. If they see that a person has come into Uruguay, filed for residence, and then immediately left and has not come back, or has filed but is out of the country most of the time and not really living in Uruguay, then they will reject the application.

How does the residency application process work, and how long does it take?
You can book an appointment to file for residency in advance. At the time of writing, appointments are being given for four months.

To get a head start, you can apply without all the documents mentioned, as long as you have them ready within a few months. The minimum documentation to apply is the passport, vaccination certificate, and photo.

Once you’ve applied for a residence, you’ll receive a temporary Uruguayan ID card known as a cedula.

Assuming that you can file all the necessary papers within a few months of the original filing and you meet the requirement to actually live in the country–with only temporary short-term absences–, then you may receive the application for permanent residence within around one year (though this may vary).

Residency applicants for nationals who need a visa to enter Uruguay

If you are from a country where you need a (tourist) visa to get into Uruguay, you should know that getting your visa is probably the hardest part of the process.

Professional firms are not allowed to act as sponsors for visitors, making it hard to find a sponsor unless you have personal contacts.

Usually, a sponsor needs to be an Uruguayan national who is prepared to go to the immigration office and sign a sworn declaration that they will be responsible for the person while they are in the country and will ensure they leave.

However, always check the actual requirements for a tourist visa at your nearest Uruguayan consulate. They may vary.

Should you apply for residency yourself or get a professional to do it for you?
Getting permanent residence status in Uruguay is not hard in terms of the general requirements, especially if we compare it to other countries. But it is heavy on red tape.

The process takes place in Spanish; if you speak nothing or very little, you must attend appointments with an interpreter.

If you speak little or no Spanish or don’t have much time or live far from the immigration office, a professional adviser will make the immigration process much less painful and generally faster.

At times the authorities make life difficult for applicants. For instance, calling them in for very minor matters. That is not a problem for a professional firm dealing with several client applicants.

But for a private individual who may live a long way from the immigration office, that can be a waste of time and money.

 

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