Uruguay - " Small in Size, Big on Investment Opportunities

Surprisingly dainty with a population of just 3.5 million, less than half that of Greater London's, Uruguay nonetheless manages to pack a great deal into a small area from beautiful colonial towns to immaculate ...

[Marcello719]

The country has alot to offer--lots of land, some major resources, and a well educated work force, not to mention a great location on the Rio de la plata and the southern Atlantic ocean, however, there are many risks involved. The Frente Amplista ( Socialist) government --presently in power in Uruguay-- is OVER TAXING both individuals and companies and it does not really " respect" the concept of " private Property' This government hinders foreign investment further by DEMANDING that it have at least 51 % stake in any corporation that wishes to set up shop there. Also, the trade unions have CHOKED the country up many times in many cases ruining the export and importing of argicultural products by striking and not properly unloading perishable products at the port. Once an entire fruit crop was left to spoil while stuck in the port of Montevideo as the port workers argued non stop about pay and benefits and who won the latest soccer match between Penarol and Nacional ( Local soccer teams there). Also, there are problems with crime and corruption that deter all sorts of ture progress. The Frente Amplista government will 'white wash" all this and give you its ' socialist propaganda" however, it does not take more than a fact finding mission down there to see through the veil of socialist surrealism. Tabare Vasquez means well, however, his unions and 'companeros" (commadres) of the frente amplio are a spiteful, vicious bunch intent on robbing one and all blind. Still, the beaches are nice and the weather can be good.

[Panchur]

I disagree with the text posted by Marcello719. It is a political view of the issue. He obviously does not like our President Tabare Vazquez. Marcello719 does not mention the economic recovery of our country en recent years, that is an example in the region. You may say that that recovery is because of the commodities prices that are in the up, but that overvalue has to be well distributed inside, and that is what this government has been doing.

[Guest]

Agree 110% with Marcello719.

Vasquez disappeared off the face of the planet once he was elected. In 4 years I have never seen his face. All the effort goes into the elections and then they disappear and nothing changes here.
Of course the economy improved, it couldn't have gotten any worse. This was just a natural cycle and Vasquez had nothing to do with it.
I understand each useless candidate here receives 7 USD for every vote. Its just a money making campaign! They should not receive money for votes and it should not be obligatory to vote.

I pay more taxes here than I did in UK and I see NONE of it spent. Just goes into the pocket of the state. For example the ridiculous daylight robbery of the car 'patente', and not 1 penny is spent on repairing the roads in Pocitos. 50 years have past or more and not been resurfaced.(you can still see the old rail tracks!!!)

This country needs a complete parliamentary reform (and mentality reform). An exchange with the UK parliament would be a good idea.

[UY Sucks]

I agree with Marcelo too... the Uruguayan Government sucks, everything is so expensive... no investments... no capitalism...