I am just repeating what I've heard from my on-line friends in Uruguay, so this isn't official, and you need to verify before you buy.

There is now an income tax. Income tax is just on income earned in Uruguay. They don't tax on income earned by non-residents outside of Uruguay.

There is a local school tax that is quite low.

My friends tell me that property taxes are based upon a % of official valuation which has nothing to do with market value, and taxes have been quite low. Except that all property is currently being reevaluated, so no telling what that means.

There is some sort of tax free business zone in Monte Video.

Taxes in Puenta del Este are quite high because is is a large luxury area that sits virtually empty 9-10 months out of the year, and all those roads and infrastructure must be paid for. Infrastructure is very well kept up because of the value of the tourism.

It's my understanding that the tax surcharge on foreign owned property only applies to rentals and not to owner occupied property.

Agricultural land seems to be exempt from property taxes.

License plates for cars are much more expensive in Montevideo. Car registration prices vary considerably, depending upon where you live.

Import duty is about 60%, so not a lot of foreign goods available.

Uruguay just passed anti-squatting laws and actually appears to be enforcing them, so that automatically makes Uruguay more attractive than any other country in South or Central America for anyone who isn't going to occupy their house full time.

There are several beach areas important to tourism, so I am not sure which one might be exempt from the surcharge.