Pros and Cons of Doing Business in Uruguay

August 11, 2017

February 23, 2021

This is an excerpt of a post in collaboration with Nadim Curi, the Uruguayan cofounder of CityCop and me about doing business in Uruguay. Thanks to Nadim for taking the time to help out with this post! You can read the entire post on my blog.

The small country of Uruguay, wedged between its two much larger neighbors, Argentina and Brazil, is home to 3.4 million people and has been on the forefront of many innovative reforms. Uruguay ranks first in Latin America for democracy, peace, lack of corruption, e-government, and press freedoms.Despite it’s small size, Uruguay has a unique culture and interesting achievements that have inspired Uruguayans to believe that anything’s possible. This attitude may be best epitomized by its national soccer team, which has won two World Cups, two Olympic gold medals, and 15 Copa Americas (more than any other South American country).Besides football, Uruguay has a great quality of life and was ranked first in Latin America in democracy, peace, lack of corruption, press freedom, size of the middle class and prosperity.