Are foreigners allowed to own property in Uruguay?

"There does not seem to be my restrictions for purchasing or ownership of foreign property here in Uruguay. You do not need to be a citizen or resident to a purchase home or property, which makes the types of ownership diverse. However your pocketbook has to be a little deep as loans are not common and most large things purchased, including homes and land, need to be paid in full, or at least 2-3 installments within a year or so, depending on the compromiso written up by an escribana," wrote a member who made the move to Coastal Uruguay, Uruguay.

Mobility LC
Connect

Mobility LC is committed to work hard to make your Uruguayan immigration and relocation process a reality. We can provide you with the best local contacts and will guide you all the way through the process offering support in 5 different languages. Your success is our personal goal.

Click connect to have our partner contact you via e-mail and/or phone.

Mobility LC

Mobility LC is committed to work hard to make your Uruguayan immigration and relocation process a reality. We can provide you with the best local contacts and will guide you all the way through the process offering support in 5 different languages. Your success is our personal goal.
Connect

Click connect to have our partner contact you via e-mail and/or phone.

"Yes, foreigners are allowed to own property in Uruguay. The country has a very open and welcoming attitude towards foreign investment, and the process of buying property is relatively straightforward. Foreigners are able to purchase property in their own name, and there are no restrictions on the type of property that can be purchased. The only requirement is that the property must be registered with the local government. Additionally, foreign investors are able to obtain mortgages from local banks, and there are no restrictions on the amount of money that can be borrowed," explained one expat living in Uruguay.