More Americans & Brazilians Investing In Uruguay

Patrick Archer foreign investment, global rankings, real estate, uruguay

Foreign investment in Uruguay is shifting in two major ways: the destination and the origin. An interesting analysis today in El Observador: “Real estate investment and construction have replaced land purchases and loans to financial institutions as the primary pole of attraction for foreign capital coming into the country over the last decade.” Outside investors also play a more important …

Uruguay: The New Darling of Global Investors

Patrick Archer foreign investment, uruguay, us companies

First The Switzerland of South America. Then A Good Place to Visit Your Money. Now Uruguay has a new national tagline thanks to Reuters: The New Darling of Global Investors. That is the theme of a well-researched piece by Hilary Burke and Malenda Castaldi. The duo point to the recent S&P upgrade as the latest in a series of events …

Punta del Este Real Estate: A Safe Harbor in Times of Crisis

Patrick Archer foreign investment, real estate, uruguay

It happened three years ago during the market panic following the collapse of Lehman Brothers, and it’s happening again during the latest debt downgrade-inspired sell-offs. International investors fed up with uncertainty and triple-digit days on the Dow are plowing their cash into Punta del Este real estate. Just as in 2009, El Observador’s Leonardo Luzzi says Punta is once again …

Uruguay Luxury Residential Toys Soon to be Unwrapped

Patrick Archer foreign investment, lifestyle, real estate, uruguay

With only nine shopping days until Christmas, many Argentines and other international buyers are preparing for the mass exodus to the beaches of Uruguay. And waiting on the opposite side of the Rio de la Plata are a myriad of million-dollar homes and condominiums purchased and constructed over the past two years. Contexto gives readers a preview of what residential …

Punta del Este Preparing For A Tourism Tidal Wave

Patrick Archer foreign investment, tourism, uruguay

“It’s the law: From Christmas until January 15, Punta del Este explodes with people,” writes La Nacion’s Jose Totah in a sweeping preview of Summer 2011 on the beaches of Uruguay. And unlike previous years when the only storyline was, “It’s Summer 20xx and more Argentines are coming than last year,” today’s headlines are A.) The diversity of who’s coming, …