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The journal of an Emigrant from Florida who 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 [...]
After more than 4 years of living in Uruguay and promoting it to the world as a good place to live and in which to invest, I must now, in all fairness, tell you that things have changed…for the worse. In the last four years I have seen a negative trend that leaves me shaking [...]
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 [...]
Judging from the phone calls and conversations I have had, it seems as if some people just don’t understand (or refuse to understand?) plain English. In my previous post, I quoted attorney Mark Teuten as saying, in part, that housebhold goods…”can be brought in free of tax within 6 months of the grant of permanent [...]
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 [...]
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 [...]
The Copperhead was the first one of our group to file for his residency and get his “in tramite” visa. I was second, and Borko, who showed up a year later, was last. On Monday I collected my new permanent Cedula at the DNIC. On Friday, exactly 1 year after arriving in Uruguay, or go [...]
Today Santiago and Mikey had a meeting with a senior official in Government regarding the work we have been doing promoting Uruguay. The upshot of the meeting was that they really like what we have done with our various websites and want to work more closely with us in promoting immigration and investment into Uruguay. [...]
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 [...]
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