Uruguay in UK Press

The Love Parade: South America's best-kept secret? Maybe, but apparently not much longer.

Great Taste. Less Filling. MetroUK takes a twist on the classic Miller Lite ad campaign in describing the Uruguayan experience for the uninitiated. The “great taste” part of the equation is easily understandable given the country’s amazing beef , seafood and red wine, but it’s the “less filling” that deserves some clarification. While regional big brothers to the north (Brazil) and west (Argentina) receive the bulk of travel ink and international tourists, MetroUK explains how Uruguay is perhaps more suited to the foreign palate of a first-time visitor to the Southern Cone. “Uruguay combines the best of its neighbours in a far more easily digestible package that makes it irresistible,” says Metro adding, “If you want a short, sharp hit of the best of Latin America then you’ve come to the right place.” No less an authority than BBC News jumped on the bandwagon this week with a glowing review of South America’s “best kept secret.” (Not much longer if the international press keep stoking the flames of Carpe Uruguay curiosity). BBC’s Veronica Psetizki interviews a 64 year-old American who just retired in coastal Uruguay—a growing trend—because of the country’s “clean water, good and healthy food, a good educational system, and good infrastructure, both in terms of roads and of Internet access.” Michael Brown, a California transplant sums up the country’s appeal, “You get good food, good wine, nice people, plus there is no rush-hour traffic, and I can get by speaking almost no Spanish at all.” (MetroUK story, BBCNews story)

For more information about living in Uruguay, e-mail us and for real estate investment opportunities in Montevideo and Punta del Este, download the October issue of InvestBA Privada.

Punta del Este Beachside Home
An American recently bought this beachside home in idyllic Punta del Este, Uruguay for US$160,000.

It’s another triple-digit loss day on the Dow so, depending on your degree of diversification, your retirement savings may be taking a similar hit. Appropriate then that we turn to an article on net worth and how to stretch your hard-earned savings post-retirementThe New York Times says Latin American destinations like Buenos Aires, Punta del Este and even Medelli­n are starting to factor into the equation for Americans seeking an affordable retirement destination with a high standard of living and affordable health care.

“Now that air travel and communications have grown easier, adventurous seniors are retiring to more far-flung destinations, lured by lower costs, better climates and growing colonies of like-minded retirees,” writes Shelley Emling. Argentina and Uruguay are both mentioned in the article which features one American who bought a Montevideo condo for $58,000 and a beachside Punta del Este home for $160,000. Two homes in Uruguay for the price of a two-room co-op in New York? No wonder the Times is looking to the Southern Hemisphere with a sense of longing.

It’s good to see more mainstream news sources picking up on what InvestBA and other specialty publications like International Living and Shelter Offshore have known for some time. As one of the North Americans interviewed sums it up, “I don’t know of anyone who has decided to move back full-time after having had a taste of living abroad.”

For more information on retirement opportunities in Argentina and Uruguay, contact us and download the new issue of InvestBA Privada.

More Americans and Canadians discovering the quality of life in Argentina and Uruguay

Rethinking country risk can change the way you view investing and living abroad.

With volcanic ash cascading earthward, half of all flights grounded in Europe and U.S. housing prices nursing an “epic hangover,” it’s a good morning to reflect on quality of life and other advantages of living here in Argentina and Uruguay.

Granted, both countries rank consistently as the #1 and #2 destinations in Latin America for Quality of Life, but sometimes anecdotal evidence speaks louder than quantitative rankings. In an analysis of country risk, investor and best-selling author Bill Bonner shares a lunch conversation with a friend who moved to Argentina “because (he) felt (his) children would have a better future here than in Britain.”

After ticking off a litany of BA advantages (e.g., lower population density, more affordable housing, shorter commute times), the friend dug deeper: “If you want to give your children the best combination of lifestyle and economic opportunity, there are better places to live.”

Does that mean you should renounce your citizenship and hop the next flight to BA, Montevideo or Sao Paulo? Of course not. Like Bonner’s article, it’s simply an open invitation for us to rethink country risk, growth opportunities and lifestyle advantages of living abroad.

Whether you’re bothered by the status quo or anticipating greater changes on the horizon, use online tools to start planning an exit strategy now. Not familiar with the local terrain? Open a Google map. Still struggling with the language? Join LiveMocha. Wondering what your net worth is in pesos? Go to XE.com. With an open mind and enough due diligence, you just might find a better place to live.

For more information about investment opportunities in Argentina and Uruguay, download the new issue of InvestBA Privada.

Argentina: High Marks for Quality of Life

International Living Quality of Life Index Argentina Uruguay

2009 International Living Quality of Life Index

International Living magazine just released the 2009 Quality of Life Index, their annual ranking of “the world’s best places to live.” On the 1-100 scale, Argentina received its highest marks in the categories of Risk & Safety (100), Climate (92), Freedom (83) and Health (71).

Of the 194 countries surveyed, Argentina came in a very respectable #21 sandwiched right between the United Kingdom and Finland; however, Argentina’s Cost of Living score (69) was much lower than either the U.K. (29) or Finland (49).

In terms of regional appeal, the 2009 Quality of Life Index ranks neighboring Uruguay and Argentina as the #1 and #2 best places to live in all of Latin America.

For more information about retirement and investment opportunities in Buenos Aires, contact us or download the new issue of InvestBA Privada.

 

Bariloche

Mendoza

Uruguay

© 2011 InvestBA.com