‘Little’ bijou Uruguay, 176.215 sq.km. in size, -2 hrs. CET, and with a 3,4 million
Spanish speaking population of mainly European origin, is a pleasant surprise for
many first time visitors. Sandwiched between its giant neighbours Brazil and
Argentina and located within the strategic core of the MERCOSUR, Uruguay
has also been known as the Switzerland of the Americas since the early 20th century
thanks to social democracy on par with European countries. According to the World
Economic Forum report 2005/06 on world competitiveness, Uruguay takes 2nd place
behind Chile as the most competitive in LatinAmerica ahead of Mexico and Brazil.
The country is also widely recognized for its cultured and literate population,
its bucolic tranquility, pleasant temperate climate, dream beaches and represents
very good value for money for the visitor and investor alike.
Uruguay’s topography is characterized by wide, evergreen plains and low hills
with verdant pasture for clover-fed beef cattle for which the country is famed.
Uruguay is also renown for its water resources and hydroelectric power, finding
along its rivers frequently huge forests that often contain industrially exploitable
woods. The country is very popular with Argentineans, North Americans and increasingly
with European tourists, beguiled by Uruguay’s 650 km coastline with its extraordinary
white-sand beaches dotted along the coast from the capital of Montevideo to far
beyond the glittering, world renown resort of Punta del Este, Latin America’s answer
to the Hamptons or the South of France. It’s an ideal location for golf, horse riding,
polo, tennis, biking, fishing, sailing, yachting and aquatic sports.
Foreign visitors and investors often decide to become residents in Uruguay for its
quality of life that can be enjoyed due to the reasonable cost of food, quality housing
& good health care, benign tax laws, the reversed seasons with very agreeable weather
and a bucolic country side that seems a total nature reserve.