Foreign Investors, Rating Agencies Maintain Stable Outlook For Uruguay

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

The countdown to Uruguay’s presidential election at the end of this month is expected to remain uneventful for financial markets and foreign investors. Unlike what transpired last month in Brazil where daily polls and projections had local stocks and the Bovespa soaring one day and plunging the next, the economic outlook for Uruguay is stable regardless of which candidate wins …

Moody’s Weighs Rating Upgrades For Uruguay, Peru & Colombia

Patrick Archer competitiveness, foreign investment, uruguay

Exactly two years ago Uruguay regained investment grade status thanks to a well-deserved rating revision from S&P. Now Moody’s is considering an upgrade for Uruguay and two other South American bright spots. Uruguay, Peru and Colombia are first in line among the South American countries that Moody’s Investor Services is considering for sovereign debt upgrades, according to a Moody’s analyst …

Why Invest In Uruguay? Foreigners Offer 2.775 Billion Reasons

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

Foreign direct investment (FDI) in Uruguay has surged fourteen times over the past decade, and Uruguay FDI as a percentage of GDP is one of the three highest rates in Latin America. The new numbers released by Uruguay XXI show FDI in Uruguay has risen from a mere US$194 million in 2002 to three consecutive years of inflows exceeding US$2 …

Uruguay Attracting Record Number Of Private Equity Deals

Patrick Archer agribusiness, aruba, competitiveness, foreign investment, hotels & casinos, real estate, tourism, uruguay, us companies

For Argentines, Brazilians and expat retirees, Uruguay has always been a good place to visit your money. Now global private equity firms are waking up to the opportunities and upside of investing in one of Latin America’s most stable and transparent markets. Uruguay Is On The Radar Of Powerful Investment Funds is the headline of Laura Lomando’s article in El …

Sofitel Casino Carrasco Opens A New Chapter of Luxury In Montevideo

Patrick Archer arts & entertainment, aruba, creative class, foreign investment, hotels & casinos, lifestyle, real estate, tourism, uruguay

The highly anticipated re-opening of one of Montevideo’s most beautiful landmarks finally took place last evening, a historic event symbolizing triumph over adversity and the undeniable appeal of Uruguay for foreign investors. On a beautiful Thursday evening in Carrasco, hundreds of invited guests, foreign dignitaries and proud Montevideanos gathered at the hotel’s entrance enjoying the sounds of the Philharmonic, champagne …