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Retirement In Uruguay This forum post has messages dated from 12/19/09 through 01/15/10, please be sure to read all the messages. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it.
| Retirement In Uruguay A pleasant day to all.Now that I am about to retire, me and my wife is planning to settle in a country where my retiring money will be enough to support not only our basic needs, but also our needs for some other things, probably our need to go for a vacation and the like. I heard that Uruguay is the perfect place for retirees like me. I need some advice regarding this. Thanks. |
|  "Cost of Living - not cheap!"
Hi Ricky, This topic has been brought up again and again and again, and every time people living here have to say that "Uruguay IS NOT CHEAP". Is there any particular reason you think that Uruguay is a place where your money goes much further? Did you read something or did someone tell you? I'm just interested to know where this idea is coming from because its a very common one, although in my opinion it is very untrue. Uruguay is recommended as a nice place to retire because it is beautiful, there are gorgeous beaches, and generally there is a more relaxed laid back atmosphere that there days you cannot find in the money driven north. However, overall things cost the same in Uruguay (often more!) than they do in the US. They have a very small market (population of 3 million) and they don't produce many things. Therefore they must import everything, but their import tax is 50-60% or more and their value added tax is 21%. That equals very high end prices for consumers. If you wish to relocate your life down here then please don't base it on what companies trying to sell things tell you, I know many people who have come and then left very disillusioned because they believed the hype. Uruguay has many things to offer, but cheap living costs is not one of them. Here is another discussion thread on this topic that might help you: |
| "Medical Doctor"
You are 100% correct! About 85% of the misc. information on the internet about Uruguay is false and misleading. Physically it's a beautiful country. Economically it cost about 80 to 85% more to live in Uruguay today than in most parts of the USA or Europe! Much of the information about Uruguay is nothing but lies. The people who give this false and misleading information about Uruguay are grossly ignorant and senile. When you ask them about one of their statements on the internet they seem to have no understanding or rational idea of what you are talking about. It is almost like speaking with someone who has recently crawled out of a nursing home in Mexico and escaped to Uruguay to start a new life. The information about Uruguay is basically very stupid and dumb coming from some one who is feeble minded and dimwitted. YES, AVOID Uruguay at all cost if you are living on a budget and do not wish to pay 85% more for everything than you would pay for it in the USA or in Europe. |
| "85% Higher?"
Do you mean the cost of living is about 85% of what it is in the U.S.A. and Europe? I find it hard to believe it could be 85% higher. |
Comment #401/14/10 21:46Rural east Colonia departmento | "85% of what?"
Its all a matter of what you spend yout money on. If most of your expenditure is on high quality imported consumer items, food and vintage Krug then yes, import duties, the sickly dollar and mighty peso mean that ROU is expensive in dollar or GBP terms. Some things are eye-wateringly expensive here for no apparent reason... my slow rural internet connection sets me back about 100 U$S/month but a rapid one in rural UK 20 U$S. On the other hand my rural property taxes here are 40 U$S/annum as compared with 4500 U$S/annum in the UK. Beef is cheaper but All Bran is more expensive etc etc. |
| "It all depends on you..."
This issue has been broached in SO many discussion threads and I'm starting to wonder if people just aren't reading what they see or if they don't want to believe it because they want somewhere cheap to retire. Either way, coming here with the expectation of living 3 steps above your current standard of living in the US whilst earning the same income is not going to be a reality.I don't really know what Dean meant with the 85% figure. In some cases prices CAN be double (even more than double) what they are in the US - technology, clothes, furniture...in the US there is a big population and lots of consumers, here there are only 3million people, and many with very low income. As such there is no Walmart, Ikea, K-mart, Old Navy etc. Instead really low quality goods are imported from China, then a 50%+ income tax is placed on them. Its very hard to explain this without sounding like there is NOTHING here. Of course there are places to buy good clothes and good furniture and good technological items - but you WILL pay through the nose for them! Quality and availability is 5 or 6 times better in the US, so it is about changing the way you shop, life just isn't as "convenient" down here, but that comes with advantages too! Here is an article I wrote about trying to get an idea of every day prices here before you come. I try to cover as much as possible - real estate, furniture and homewares, groceries etc. The links provided can help you see how things are priced in Uruguay at any given time. |
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