Argentina has been facing significant financial issues in the last decade, and Uruguay wealth management teams are poised to take advantage. The problems in Argentina stem from the countries ...

“This means that once the bill is approved residents in Uruguay will have to pay income and wealth taxes on overseas income and from their share of assets in financial or other investments ...

South America’s summer playground for the rich is becoming a new magnet for wealth management, as Uruguay burnishes its reputation as an investor-friendly haven in a tumultuous region.