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Source: https://www.theguardian.com/world/20...virus-pandemic
We’re suddenly drowning in people’: Argentinians flock to Uruguay amid pandemic
About 15,000 to 20,000 Argentinians are estimated to have moved to Uruguay since the pandemic began
Agustina Valls’ phone is ringing off the hook.
“It started as a trickle when the pandemic first hit Argentina, but now we’re getting over 20 calls a day,” she said from her office in Uruguay’s luxury beach resort of Punta Del Este.
Valls runs a thriving business guiding well-off Argentinians through the red tape of acquiring Uruguayan residence – a skill she learned arranging her own residency application after marrying a Uruguayan lawyer last October.
“The pandemic hit us like a sledgehammer – we are suddenly drowning in people wanting to come here,” said her husband Diego Torres.
About 15,000 to 20,000 Argentinians are estimated to have moved to Uruguay since the pandemic began in March – a number equivalent to about 0.6% of Uruguay’s population of 3.5 million.
And Uruguay is encouraging the flow. South America’s smallest nation not only lowered the minimum value of property foreigners must acquire to obtain tax residency from $1.7m to just $380,000 earlier this year, but also passed a new law offering arrivals a 10-year “tax holiday”...
We’re suddenly drowning in people’: Argentinians flock to Uruguay amid pandemic
About 15,000 to 20,000 Argentinians are estimated to have moved to Uruguay since the pandemic began
Agustina Valls’ phone is ringing off the hook.
“It started as a trickle when the pandemic first hit Argentina, but now we’re getting over 20 calls a day,” she said from her office in Uruguay’s luxury beach resort of Punta Del Este.
Valls runs a thriving business guiding well-off Argentinians through the red tape of acquiring Uruguayan residence – a skill she learned arranging her own residency application after marrying a Uruguayan lawyer last October.
“The pandemic hit us like a sledgehammer – we are suddenly drowning in people wanting to come here,” said her husband Diego Torres.
About 15,000 to 20,000 Argentinians are estimated to have moved to Uruguay since the pandemic began in March – a number equivalent to about 0.6% of Uruguay’s population of 3.5 million.
And Uruguay is encouraging the flow. South America’s smallest nation not only lowered the minimum value of property foreigners must acquire to obtain tax residency from $1.7m to just $380,000 earlier this year, but also passed a new law offering arrivals a 10-year “tax holiday”...