Uruguay has gained international recognition as a reliable country with high transparency. Thanks to its solid political and social stability, supported by a long-established democracy and strong legal certainty, Uruguay consistently remains at the top of the main rankings.
As a general rule, businessmen/women visiting the country are only required to submit their valid passport, except in some cases where a previous visa is required. Information on the countries that require visa is available at National Immigration Office.
Uruguay was one of the first Latin American economies which evolved towards an open and unrestricted international trade. Foreign trade, both of goods and of services, and the raising of foreign direct investment have shown a significant dynamism over the last years, with historical volumes.
Uruguay has several investment incentives and schemes in place, applicable to different types of activities, from industrial to commercial and service activities, intended to be conducted in the country. Schemes provided for by the Investment Law, free zones, free port and free airport schemes, public-private partnership agreements, industrial parks and temporary admission are some of the main incentive schemes available in the country.
Human resources in Uruguay are highly competitive due to a combination of several factors, which include the high quality of basic, technical and university training, flexibility and ease of Uruguayan workers to adapt to new production processes or technologies. If necessary, foreign employees can be hired in every activity developed throughout the national territory, with some exceptions where there are limitations.