Uruguay´s capital city of Montevideo (1.3 million inhabitants), Punta del Este and other cities offer excellent living conditions for executives and their families, including quality free health services and education. More and more foreigners are choosing Uruguay as their place of residence for all or part of the year.
Uruguay ranks as one of the safest countries in Latin America on the Latin Security Index, developed by FTI Consulting for Latin Business Chronicle. The index measures security for multinational executives.
According to the 2014 Legatum Prosperity Index, Uruguay is the best place to live in Latin America. The ranking is based on a variety of factors including wealth, economic growth and quality of life. Liberal immigration laws are attracting a wave of talented executives who can legally reside and work in the country while their resident visa application are being processed.
Uruguay is one of the most socially progressive countries in the Americas. For being the first country in Latin America to legalize gay marriage and to enact other daring social reforms, the prestigious news weekly The Economist named Uruguay its first-ever Country of the Year. In addition, Uruguay´s middle class is the largest in Latin America.
This means that besides being a country where you can live in a relaxed and friendly environment, the excellent levels in terms of social equality enhance even more the lifestyle indicators. Residents, whether on business or retired, also enjoy Uruguay's pleasant climate, friendly people, and a more relaxed, and calm pace of life.