Buying property in Uruguay

“The real estate agents here are allowed to represent both sides, and in fact, notary publics are allowed to represent both sides in a transaction. As an English lawyer, I see a very big red flag there as a very clear conflict of interest.” - Mark Teuten, Teuten & Associates.
I talked to Mark Teuten, who leads Teuten and Associates, a team providing a range of legal and notarial services. He’s originally from the UK and is the only lawyer in Uruguay to qualify for the bar both in the UK and Uruguay. He's accompanied many foreigners in real estate buying processes, and I'm here to pick his brain on your behalf 🔗 www.guruguay.com/teuten-law-uruguay/
Watch the full video ▶️ TH-cam channel. Living in Uruguay - Buying a property in Uruguay.
In this series, Guru'Guay-Uruguay's favourite website on life and travel in South America's most understated nation-teams up with trusted relocation specialists to get some professional advice for our readers and foreigners all over the world.
It’s a new series on the legal aspects that foreigners need to know about living in Uruguay. I'll be talking to experts who spend their professional lives advising foreigners. We'll be talking about:
*applying for Uruguay residency
*Uruguay citizenship
*setting up a bank account in Uruguay
*opening a bank account in Uruguay
*benefits of Uruguay residency
*tax residency in Uruguay
If you're thinking of relocating to Uruguay, make sure you check out our website 🔗 www.guruguay.com/live
Also, make sure that you subscribe to our TH-cam channel to never miss a full long length video.
Guru'Guay thanks the professionals at Teuten Abogados, Mobility LC and Sierra Atlantica for sharing their expertise.
Music: Nómade by Diego Janssen diegojanssen.com
#guruguay #uruguay #livinginuruguay #relocatingtouruguay #uruguayimmigration #buyingpropertyinuruguay

[@discipleofthemessiah1796]

Very informative Thank you 🙏

[@tulsarealestate8240]

Any recommendations on real estate agents/listing sites?

[@martinl19]

Very accurate and informative, video. The only error is that the legal prescription time has gone down from 30 to 20 years. That law was changed only 3 or 4 years ago by the LUC (Ley de urgente consideración).

[@GuruGuay]

Thanks, Martin!

[@lingdatang669]

real estate agent represents both sides

[@franckdrebin725]

Hello!
There is a question that i’d like to ask please : how much is the tax on real estate capital gains on resale in Uruguay ? If any… 😅 i don’t have much doubts on that…😊
Thank you

[@GuruGuay]

Hi Franck, here you go: www.guruguay.com/property-taxes-in-uruguay/ -- Karen