Uruguay - not completely free from inflation but the currency floats freely and the situation is tackled and not brushed under the carpet as in Argentina.

On top of this tourism numbers are rising at 20% per annum (Argentine and Brazilian demand)

It is the safest country in Latin America.

It has one of the lowest cost of living in the world.

Very Spanish climate/ European Culture.

Prices are less than even the remote parts of Brazil, and yields net 10% (after all local taxes) even at the moment.

All in all, truly an amazing country - hard to see it not becoming a major retirement haven in the years to come... particularly as there is no income tax on pensions drawn.

CGT is 12% but no dual tax agreement is in place with the UK (yet)

If you wanna know more our project is Sugar Loaf Uruguay (ocean club and spa) $845sqm - finished villa and land ownership.

Please send a private message if would like more info.