A few times each month, someone emails or calls to ask about moving to Uruguay to start a business serving the domestic market. Two words for you: Forget it!
Coastal Uruguay has covered this ground in vivid detail. This one article sums up the case against it: Trouble In Paradise.
I don’t want to rehash a well-covered topic; let’s just say as an entrepreneur, it would be hard to come up with a worse idea. What can you do here to make money? Well, lots of things as long as your customers are out of the country. For instance web, design, post production/media editing, exporting businesses, to name a few, can and do work beautifully from here. Uruguay is a platform from which to do international business.
Do yourself a favor and read this article; be sure to read the comments. The very last comment by a Uruguayan woman named Margarita is graphic and answers most questions.
Stay Tuned!
Steve Bowman
PS: Oh yeah. How could I forgot about real estate development? Developers from Europe and North America are doing quite well here.
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