Political, legal, and social stability
Uruguay has a democratic system with institutional and legal stability, which guarantees a positive business environment and respect for the regulatory framework.
Between 2004 and 2015, Uruguay grew 5% per year on average, consolidating over a decade of sustained growth.
Preferential market access
Uruguay is a member of Mercosur and has signed an FTA with Mexico. This makes it the gateway to a potential market with 400 million people.
Uruguay offers significant incentives for foreign and domestic investors, which are related to aspects such as taxes, and the Free-Trade Zone and Free Port and Airport systems.
Ease of doing business
Uruguay has made state processes more efficient, customs procedures swifter, and international trade operations more seamless.
Uruguay's first-class port infrastructure, road network, and Free Port system make it the best logistics platform of the Mercosur region, as well as an advantageous distribution center for goods in transit.
Leader in ICT
Uruguay ranks 1st in the ICT Development Index for Latin America (ITU). It is also the country with the fastest download speeds in the region thanks to its modern infrastructure (Akamai, 2015).
Competitive national talent
Uruguay was the first country to implement the One Laptop per Child program. It has full digital inclusion, free education, everyday use of English and Portuguese, and a State-run university accessible to everyone.
Efficient energy policies
Uruguay is the Latin American country with the greatest investment in clean energy. It is also a global leader in the production of electricity from wind power. 95% of Uruguay's electricity is produced from renewable sources, 30% of which comes from wind farms.
Excellent quality of living
Montevideo has the best quality of living in Latin America (Mercer, 2016). Also, Uruguay is the country with the highest and best-distributed income in the region.Click here to view the full report.