Rio Times · Guides

Key Facts

—Residency & visas Argentina offers multiple temporary residencies and a new 2023 Residency Law framework, while Uruguay focuses on straightforward temporary and permanent residency routes that often require proof of income and presence.

—Tax residency & income tax Argentina taxes residents on worldwide income, with tax residency generally triggered after 12 months plus over-183 days presence, while Uruguay taxes residents mainly on Uruguayan-source income with specific 183-day and investment tests.

—Inflation & currency stability Argentina is emerging from years of very high inflation and currency controls, with a new policy shift under President Javier Milei, while Uruguay has kept inflation in single digits and the Uruguayan peso relatively stable.