Independent judicial system
***• Uruguayan law does not discriminate between local and foreign investors.
***• Equal treatment for foreign and local investors.
***• Respect and enforcement of contracts is guaranteed by an independent judiciary.
****Contracts can be regulated by the law of choice of the parties,
****clauses can be agreed upon.
***• Private property is expressly protected by law. This has never been jeopardized
****throughout changes in government, creating an ideal framework for investments.
Open and solid financial system
***• Freedom of capital repatriation and profit remittances abroad is guaranteed.
***• All transactions carried out in US Dollars.
***• The Uruguayan economy has no exchange restrictions.
****There are no administrative price controls.
***• The Uruguayan banking system has one of the world's strictest banking secrecy
****laws which guarantees anonymityanonymityanonymityanonymity.
***• Uruguay is home to the region's most important financial center. The banking sector
****consists of twenty-two private
and government-owned banks.
The private banks are all totally or partially
****owned by leading American or European financial institutions.
***• Uruguay is South America's only off-shore low-tax jurisdiction.
***• Favorable weather conditions for crop and timber production.
***• Availability of productive land for crop and timber production.
***• Qualified and multi-lingual work force available in every professional field.
***• Strategically located between Argentina and Brazil allowing access to a market
****of over 238 million people.
***• Various seaports giving us access to global markets.
***• Over 17,000 km of highways, connecting every corner of the country.
***• Absence of natural disasters: tornadoes, hurricanes and earthquakes.
USA: 910-338-0787 Uruguay: 598-99-482-022
© 2009 Global Farm Partners