Older people with retirement looming in their future often look for property abroad to invest in. Uruguay real estate is a popular destination for many of these people. There are many reasons for this decision, whether they choose Montevideo real estate or beach property in Punta del Este. Following you’ll find some of those reasons:

1. Safety: Uruguay is known to have the lowest crime rate in all of South America.

2. Financial stability: In spite of past money issues, Uruguay is now quite stable when it comes to money.

3. No taxing of foreign income: Unless your income is earned in Uruguay, the country will not tax it.

4. Good health care: Uruguay offers affordable health care for everyone.

5. Mild Climate: People that invest in Uruguay real estate enjoy temperatures of 70 to 80 in the summer and 50 to 60 in the winter.

6. Varying lifestyles: In Uruguay, you can choose city life, beach life or country life.

7. No weather extremes: Uruguay doesn’t have earthquakes or hurricanes.

8. Offers first world infrastructure: In Uruguay, you’ll find safe drinking water, good roads, broad cell phone coverage, widespread Internet availability and dependable public transportation.

9. High education: Uruguay residents are highly educated and friendly.

10. Reasonable residency requirements: It’s very simple to become a resident of Uruguay.