VanityBA: Behold The “De-Argentinazation” Of Punta del Este

Patrick Archer foreign investment, lifestyle, real estate, tourism, uruguay, vanityba

It’s the most colorful and accurate term to describe a major shift in local real estate markets since pesoficación, and this eight-syllable beauty is the hottest summer trend since political correctness rocked Mar del Plata’s backside. Desargentinización is how La Nacion’s Javier Navia describes the dwindling presence of Argentines on the Uruguay coast this summer, a trend first set in …

Argentina, Uruguay Among Region’s Most Wanted For Immigration

Patrick Archer foreign investment, global rankings, tourism, uruguay

Argentina and Uruguay rank among the Top 4 most popular destinations for inbound immigration to Latin America, according to a new report from the International Organization for Migration (IOM). While the US and Canada continue to lead the Western Hemisphere in terms of inbound migration, the four Latin American countries receiving the most immigrants over the past decade are Argentina, …

More North Americans, Europeans Investing in Uruguay Farmland

Patrick Archer agribusiness, foreign investment, real estate, uruguay

The sale of farms is on the rise in Uruguay, and a new wave of investors primarily from the US and Europe are doing the buying, according to a new report in El Pai­s. Pablo Beson describes the buyer profile as individual investors drawn to agribusiness investments in Uruguay as a safe harbor for their money, a stable investment alternative …

Rising Tide: Piriapolis Begins to Attract More Foreign Investors

Patrick Archer foreign investment, lifestyle, real estate, tourism, uruguay

From Chicago to Cordoba, Medelli­n to Montreal and Rio to Quito; there is a long list of famous second cities in the Western Hemisphere. When it comes to Uruguay tourism destinations, Punta del Este may be the primera playa, but the second city of Piriapolis is beginning to attract more foreign investors thanks to a new strategic marketing campaign. APROTUR, …

MIA-MVD: American Airlines To Expand Miami to Montevideo Service

Patrick Archer tourism, uruguay, us companies

North American travelers flying to the Southern Cone will have another daily non-stop option beginning next week. American Airlines is responding to the growing demand for flights between the United States and Uruguay by expanding daily service between Miami and Montevideo to seven days a week. Daily Miami to Montevideo non-stops officially begin as a winter promotion on June 14. …