Discover the incredible tax benefits of relocating to Uruguay, including a mere 7% tax rate for life and options for 0% tax for over a decade. Learn about the fast-track citizenship process and how it provides a 'free' second passport. Explore the relaxed lifestyle and welcoming atmosphere that make Uruguay stand out. The podcast highlights financial advantages for entrepreneurs and digital nomads, along with insights into the country's safety, cost of living, and investment opportunities.
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Uruguay Tax Deal
Uruguay offers a 7% lifetime tax rate and an 11-year 0% tax option on foreign income.
Obtain Uruguayan citizenship in 3-5 years, enabling global travel and access to South America.
insights INSIGHT
Tax Rate Clarification
The 7% lifetime tax applies only to foreign income, not Uruguayan-sourced income.
Foreigners starting businesses or working in Uruguay will pay standard local taxes.
volunteer_activism ADVICE
Company Location
Don't establish your company in Uruguay despite living there.
Maintain your company in a tax-friendly jurisdiction like Cayman Islands, Hong Kong, or BVI.
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Become a Client: Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: Join us for the next Nomad Capitalist Live event: In this episode, we explore a tax deal of a lifetime that entrepreneurs can benefit from when relocating to Uruguay. Mr Henderson outlines both the 7% lifetime tax rate available to foreigners and an alternative 0% tax option for 11 years. Additionally, he reveals how those moving to Uruguay can profit from their relocation and even secure a "free" second passport. Nomad Capitalist helps clients "go where you're treated best." We are the world's most sought-after firm for offshore tax planning, dual citizenship, international diversification, and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors. We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country. No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't. Become Our Client: Our Website: About Our Company: Buy Mr. Henderson’s Book: DISCLAIMER: The information in this episode should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.