Choosing between Argentina and Uruguay? Compare residency requirements, taxes, and cost of living.
Argentina and Uruguay are neighbors with deep cultural ties, but they offer very different propositions for international expats.
Taxation: The Critical Difference
- Argentina: Taxes worldwide income up to 35%. Annual wealth tax.
- Uruguay: Territorial tax system. Foreign-source income is NOT taxed.
Cost of Living
Argentina is significantly cheaper, with roughly 40-50% lower cost of living than Uruguay. A Buenos Aires apartment costs far less than Montevideo.
Many sophisticated expats maintain presence in both countries to optimize taxes and lifestyle.
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