PurgatoryAmericas
Uruguay
12%effective individual rate
12% tax on capital income (IRPF Cat II). Uruguay has a stable economy and regulatory environment. Digital assets regulation being developed.
FATCA Partner
Yes
FATF Status
Clear
EU Blacklist
No
Dual Nationality
Allowed
Bitizenship
Not yet
Tax Rates
Capital Gains Tax12%
Income Tax on CryptoUp to 36%
Corporate Tax25%
VAT on Crypto22%
Activity Taxes
Staking
12% IRPF
Mining
Taxed as income
DeFi
Not addressed
NFTs
Not addressed
Taxable Events
Crypto → Fiat
Taxable
Crypto → Crypto
Taxable
Holding Period
No holding period benefit
None
Regulation & Residency
Regulatory Body
BCU
Residency Requirement
Various visa options; easy residency
Reporting Requirements
Annual tax return
Citizenship & Residency Path
Residency via income proof; citizenship after 3-5 years
Notable Conditions
- →12% flat capital income rate
- →Stable economy
- →Banking secrecy reforms
- →Digital nomad friendly
Living & Lifestyle
Cost of Living
Moderate
Banking Access
Good
Quality of Life
High
Lifestyle Scores
Safety8/10
Healthcare7/10
Institutions7/10
Business Ease6/10
Int'l Schooling4/10
Privacy5/10