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'The ROU' Punta del Este

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This forum post is dated 10/19/10. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it.

Forum Post
10/19/10 18:16

Patrick

Rural east Colonia departmento

The ROU

I'm retired and live on chacra near Colonia Valdense. I agree that Uruguay is a delightful place for retired people to live and I chose it over all other places on the planet after 5 years of diligent research and exploratory travel to 6 continents.

In short I love the place and it would take much force or vigorously enforced punitive taxes to shift me now :-)

Having said that, the country is not without its problems. The very large public sector and the obstructive bureaucracy make doing business here difficult and the very strong peso coupled with the startling rates of food price inflation make it MUCH more expensive to live here now than it was 4 years ago. This week the price of a 200 gram block of butter rose by 18.90% in my local shop. I think that most people would find it hard to live on 500 U$S a month now though it was possible 4 years ago when prices were lower, the dollar more valuable and income tax was just a gleam in Danilo Astori's eye :-)

No doubt the cost of living situation will reverse itself when the northern economies recover and we have our next crash but if you are looking for a place to live right now solely on the basis of the cost of living, Colorado might offer you a better deal than Colonia.

Although the rapidly rising costs hurt me a bit, I am in the happy position of growing the very crops that are getting so expensive (wheat and soya) so I will survive. Even if I wasn't, the ROU is a great place to be whether you are rich or poor :-)

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