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Broken promises and failed hopes… This is the journal of The Southron, an Emigrant from Florida who has spent almost 5 years in Uruguay... |
Sponsored by: David Finzer |
The Southron commissioned the following report to be prepared by the ONLY attorney he recommends, Dr. Mark Teuten of Teuten Abogados (http://www.teutenabogados.com/ebrochure/english/index.html). It is offered here for your information. Introduction: The Executive has sent a text to the Uruguayan parliament which would incorporate major changes in the current regime of Income tax, Asset tax and [...]
The following was sent to me by a local attorney. I am not sure whether the information is correct of not. I am still in “watch and see” mode, but I hope he is correct. Unfortunately, much of what the press articles and blogs have been saying is more alarming than the reality. It has [...]
One of the very best things about being resident and working in Uruguay is that everyone who pays into BPS (social security) is entitled to participate in one of the Health Insurance Plans, which I have found to be very good. As you know, from previous articles, I use COSEM, and have been delighted with [...]
By now, most everyone knows that in Real Life (if you can call it that) I work in the offshore banking industry. We do no banking in Uruguay–because it is slow, expensive and difficult–but we do have am administration office here. As a normal part of our business we open financial accounts with various institutions [...]
For months there has been a discussion regarding rules on bringing household goods into Uruguay duty-free. As usual, there are many conflicting sources–even among the various websites hosted by the Uruguayan government and its consulates in various countries. Attorney Mark Teuten graciously volunteered to do the legal research for us and provide us with a [...]
Very early this past Thursday morning I returned home to Uruguay after a 12 day trip to Panama. I had not been there in four years and was interested to compare it to Uruguay since it had been the prime alternative to moving here. Panama was incredible! It was the most dynamic city I have [...]
As much as I love living in Uruguay, there are some things that I don’t like. (Of course, I might even complain about the choice of music sung by the heavenly choirs in the celestial realms…) Nevertheless, it is my responsibility to report both the good and the bad, so that you don’t make some [...]
After this Friday my new address will be: El Gringo Gordo con Dos Bastones, Villa Mucho Dinero, Calle de Oro, Cabo Polonio, Rocha. (The fat Gringo with 2 canes, Big Money Villa, Golden Street, Cabo Polonio—way the heck out past Punta). I made so much money from these websites that I am retiring. After a [...]
This post is only useful for citizens and refugees from the USA (and the occupied Confederacy). The big question is how do we keep our US$80,000 exclusion on earned income without running afoul of Uruguay’s new personal income tax. I wrote about that previously in Avoiding the US/UY tax trap… As you may know, my [...]
There has been a lot of confusion in immigrant circles about exactly how the new personal income tax will impact on their lives here in Uruguay. As a public service, our attorney, Jun Federico Fischer of LVM Abogados & Consultores has written the folowing extremely valuable article and given me permission to publish it. Juan’s [...]
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