Invest in South America
Saturday, December 5th, 2009If you are considering investing in South America, I will recommend you to base your company in Uruguay, which is the best services-oriented business platform in the continent. Here are some of the reasons why:
Market
- Member of MERCOSUR Common Market
- MERCOSUR provides access to over 200 million consumers without tariff barriers
- Geographic proximity to Argentina, Brazil and Chile
Legal Framework
- Free Trade Zone legislation (total tax exemptions and excluded from state monopolies)
- No customs duties or consumption taxes (VAT)
- Serious and reliable Judicial System; transparent rules
Population
- Mostly European descendants (approx. 94.6%)
- Literacy Rate: 97%
- Health coverage: 95%
- Climate: Temperate and stable
Communications
- The national network of roads and highways is the densest in Latin America
- 100% digital telecommunications network
- Deepest Natural Port connecting the Atlantic Ocean with the rest of South America
- Logistics: strategically located between Argentina (Buenos Aires) and Brazil (Sao Pablo)
Other
- Political System: Stable Democratic Republic
- Low operating costs (e.g. cost of living, real state, expenses, etc)
See THE NEW YORK TIMES article regarding Montevideo, Uruguay’s Capital City.
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