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Montevideo, Uruguay

Echevarriarza 3535, Suite 1601
Torre A/Torres del Puerto
11300 - Montevideo - Uruguay
Tel.: (598) 2623 2959
Fax: (598) 2623 2957
E-mail: mail@pittaluga.com

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17.12.2018

FAVORABLE INVESTMENT CONTEXT IN THE REAL ESTATE INDUSTRY

FAVORABLE INVESTMENT CONTEXT IN THE REAL ESTATE INDUSTRY

According to the latest Competitive Intelligence report issued by Uruguay XXI—the country’s investment, export, and country brand promotion agency—in 2017 Uruguay’s real estate GDP grew by 2.7 percent in real terms, reflecting the highest inter-annual growth in recent years. Uruguay offers ideal conditions for foreign investment, most notably the country’s respect for the rule of law, clear rules of the game, and an investor-friendly business climate.

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21.11.2018

Denmark and Uruguay: Leaders in Wind Power Generation

Denmark and Uruguay: Leaders in Wind Power Generation

According to a report by the consultancy firm SEG Ingeniería, Uruguay ranks second in the world among the countries with the highest share of wind power in their electricity mix, with this renewable source providing 40.1 percent of the South American country’s power production. Uruguay is also the only non-European country featured among the top ranking nations.

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21.11.2018

Uruguay - Competitiveness

Uruguay  - Competitiveness

The Global Competitiveness Report 2018-2019 prepared by the World Economic Forum (WEF), ranks Uruguay 53rd among 140 countries in the world and 3rd in Latin America.

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17.10.2018

Law 19,637 – Opportunity or Obstacle?

Law 19,637 – Opportunity or Obstacle?

Some weeks ago, the Uruguayan government issued Regulatory Decree 244/18 that regulates Law 19,637, which was passed earlier this year in July. The new regulation introduces some changes to the tax exemptions enjoyed by operators who provide logistical support development and related services.

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