The dilemma between investing in bricks and mortar versus buying dollars as savings resurfaces after more than five years. Today we are once again talking about the incomparable security that real estate has as an investment variable for those who have the possibility of generating savings. And for Argentines, in addition, in recent years there has been a rise in the number of dollars that have been invested in real estate.
The possibilities for investing in the Uruguayan market, whether with a simple bank deposit or through the purchase of a property, are becoming increasingly accessible. In the context of economic insecurity that Argentines are experiencing, obtaining a dual-currency savings account in Uruguay to protect what has been preserved or choosing to make some investments...
The possibility of opening up investments more and not focusing them only on Argentina, since there are some opportunities, makes many Argentines decide to do so in the neighboring country. Before and after the pandemic, various elements have been generated that have caused the construction and real estate investment issue to explode both in Montevideo and in Punta del Este. In terms of...
Prices in Uruguay rose 0,36% in June, which meant a second consecutive increase in the variation of the inflation rate. However, the Consumer Price Index (CPI) accumulated 4,96% in the year, a figure that is within the range that the Central Bank of Uruguay (BCU) established as a target (3%-6%), according to data from the Central Bank of Uruguay (BCU).
The same World Bank report that predicted a bleak 2024 for Argentina forecast 3,2% growth for Uruguay in a region that is heading for a poor average performance. The “World Economic Outlook” published this Tuesday in Washington DC projected average growth in Latin America and the Caribbean of 1,8% in 2024 before...
Economic stability, tax incentives and financial security. These macroeconomic factors, combined with many other market peculiarities and cultural proximity, have made Uruguay an increasingly popular destination for Argentine businessmen to launch new businesses.Often referred to as “the Switzerland of America”, Uruguay is one of the most important countries in the world...
The real estate sector in Uruguay offers high profitability, legal stability and clear market rules. For this reason, foreign investors (especially Argentines) continue to expand their investment portfolio. Matías Medina, vice president of the Uruguayan Real Estate Chamber (CIU) and director of Macari, highlighted that today there are many investors...
Uruguay has positioned itself as a world leader in sustainable debt issuance by innovating in investment instruments that are subject to environmental indicators. Faced with a “paradigm shift” in the financial world, how did it do it?Four years ago, interactions with investors changed, where the weight of the environment increased.
In a recent experiment, Google's artificial intelligence chatbot Bard was asked which is the safest country in Latin America. We know that throughout this region, security is a concern that has been on the agenda for several years with little chance of a quick resolution. However, the results are...
Foreign direct investment (FDI) closed 2023 in the best calendar year since 2010, reaching 5,5% of the Gross Domestic Product (GDP), the Central Bank (BCU) reported yesterday when releasing the Balance of Payments and International Investment Position Report for the fourth quarter of 2023. It is the "highest level for a year-end...