What you need
To take advantage of the benefits of the residency and passport program in Uruguay, you must demonstrate a commitment to Uruguay. This can be done in many ways. For example:
· You could own property in Uruguay with a value of more than US$100,000, and commit to keep it for ten years; or
· You could hold Uruguay government bonds with a par value of US$100,000 and commit to be the holder of those bonds for ten years.
This second method is the principal basis of this program.
Uruguay Bonds
· High Market Return
· Government Issue
· No History of Default
· Available in Many Currencies
· Linear Return Rate of 8%
Uruguay government bonds give a high market return, and the country has never in its history defaulted on a bond issue. Currently, such bonds, over a ten year period, have a market value as high as sixty percent (60%) of face value, so that the annual compound return is 5.3% (this is a linear return rate of almost 8%).
The bonds may be purchased in a variety of denominations, including
U.S. dollars, Japanese yen, euros, and Uruguay pesos (24 pesos is
approximately one U.S. dollar), and may have return rates that include
adjustments for inflation. This means that you can purchase a bond
that is as inflation free, denominated in the currency of your choice,
and that is safe and secure.
Time is Money
· Permanent Residency in Months
· Passport, Drivers License Also
· Investment May Be Real Estate or Bonds, or mix both
You must hold the bond or other qualifying property for ten years, during which time you earn the income.
Also, during the ten year period, you may exchange the initial bond for real estate in Uruguay of value US$100,000, or substitute any other investment grade securities of equal value. During this period, the actual securities will be held in the custody of the Banco de la Republica Oriental del Uruguay (the national bank), under your name.
Uruguay government bonds are issued in various currencies; you can reduce currency risks. For example, you could use a mix of euros, dollars, and yen. If at any time you think that there is a risk of default by the Uruguay government (something which has never happened in the past), you could substitute other investments. You, and you alone, are in control of your investment. This distinguishes the Uruguay program from other “investment†programs which are actually just a way of paying your money to foreign governments.
Real estate
In addition to government issue bonds, you could also qualify by investing in real estate in Uruguay. This could be a cash purchase, or could be a purchase with a mortgage or financing. While PANDA generally recommends the bond purchase, if you intend to reside full time in Uruguay, or if you would prefer to invest in real estate, then such a real estate purchase might be more beneficial for you. PGN) can provide experienced realtors and professionals in Montevideo, should you require.
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Email: info [@] pandaglobalnetwork.com
Economic Investment in Uruguay 



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