The Hamptons of South America, with Argentine, Brazilian, and now American fortunes behind the dunes at José Ignacio. Eleven years with no tax on foreign income, a stable democracy, and a coast that stays empty 9 months of the year.
| Income | Tax | Effective | Kept |
|---|---|---|---|
| $300K | $0 | 0% | $300K |
| $1M | $0 | 0% | $1M |
| $3M | $0 | 0% | $3M |
Special regime. Territorial tax: foreign income is untaxed for 11 years by election, then foreign dividends and interest at 12%, or a flat 7% from day one. Local income is taxed at up to 36%
Simplified marginal model, indicative 2026 brackets, non-US single filer. Run the engine with your own income, exit, passports, and family to see where Punta del Este (Uruguay) ranks for you.
Law 20.446 closed the cheap door on 01.01.2026. The old route of roughly US$590K in real estate plus 60 days a year is gone. The 11 year holiday on foreign income now needs about US$2M in real estate (UI 12,500,000), or US$100K a year into the National Innovation Fund for 11 years, or 183 days of presence with no investment at all. Residents without the holiday pay 12% on foreign passive income, and anyone who elected before 2026 keeps their original terms.
A Uruguay passport scores 71.8 on the mobility index. The passport ladder on the engine compares 65 of them.
| From | Hours |
|---|---|
| New York | 11.5 |
| London | 14.3 |
| Zurich | 14.5 |
| Dubai | 17.2 |
| Singapore | 20 |
| Tel Aviv | 15.5 |
On the simplified 2026 model, about $0, an effective 0%, leaving $1M. At $300K the rate is 0%, at $3M it is 0%. Social contributions, deductions, and treaties are not included. Special regime: Territorial tax: foreign income is untaxed for 11 years by election, then foreign dividends and interest at 12%, or a flat 7% from day one. Local income is taxed at up to 36%
Law 20.446 closed the cheap door on 01.01.2026. The old route of roughly US$590K in real estate plus 60 days a year is gone. The 11 year holiday on foreign income now needs about US$2M in real estate (UI 12,500,000), or US$100K a year into the National Innovation Fund for 11 years, or 183 days of presence with no investment at all. Residents without the holiday pay 12% on foreign passive income, and anyone who elected before 2026 keeps their original terms. Routes that matter for money: Golden visa.
The cost index is 75 against Zurich at 100, safety 8/10, schools 6/10, 2,500 sun hours a year.
The engine takes what you earn and what you hold, then orders every address on the board against it.
Rank the board against my position →90 seconds. No account, no payment.
Tax figures use a simplified marginal model with indicative 2026 brackets for a non-US single filer, ignore social contributions, most deductions, wealth taxes, and treaties, and are not advice. Residence rules change often. Verify before acting.