The Independent Means Visa in Uruguay (also known as the Pensionado Visa) offers residency to qualified individuals who can demonstrate a stable passive income from foreign sources.
MOBILITY ASSSET SNAPSHOT
The Pensionado Visa program in Uruguay provides a pathway to residency for individuals with stable foreign-sourced passive income. This program is designed to attract retirees, digital nomads, and other individuals looking to establish residency in a South American country with a high quality of life and favorable tax regime.
Overview
A pathway to residency for qualified individuals with passive income in Uruguay
Eligibility Requirements
Individuals with passive income from a foreign source
Anchor Ancestor restrictions
Months to citizenship
Length of Visa
Initial temporary residency, leading to permanent residency
Months to Visa
6-12 months
Physical Presence Requirement
No specific requirement, but must maintain ties to Uruguay
Availability
Moderate
Family Allowance
Spouse and children
Overview
Submit application in person at a government office in Montevideo after arriving in Uruguay
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Questions?
Find answers to common questions about GlobalPassport™ and our services.
How long does it take to process an Independent Means Visa application?
Can I include my family members in my Independent Means Visa application?
What types of income qualify as passive income?
How often do I need to renew my residency permit?
Can Independent Means Visa holders apply for Uruguayan citizenship?
benefits
The program offers numerous advantages for individuals looking to establish their presence in Uruguay's welcoming environment.
Political stability
High quality of life
Affordable cost of living
No minimum investment required
Lifetime residency privilege
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Path to citizenship allowed after 5 years of permanent residence
Visa-Free Travel Countries
132
Passport Validity
10 years
Overview
Uruguay offers a high quality of life, stable political environment, and welcoming atmosphere for foreign residents.
Benefits:
Advantages:
Questions?
Find answers to common questions about GlobalPassport™ and our services.
How long does it take to process an Independent Means Visa application?
Can I include my family members in my Independent Means Visa application?
What types of income qualify as passive income?
How often do I need to renew my residency permit?
Can Independent Means Visa holders apply for Uruguayan citizenship?
REQUIREMENTS
Check if you qualify based on your family history
Not applicable
Minimum Income or Savings: Pensions, Investments, Rental income+Regular Income Stream: Monthly pension payments, Annuities, Proof of Financial Independence
Not applicable
Criminal Record: A clean criminal record is required
REQUIREMENTS
To qualify for the Independent Means Visa, applicants must meet specific criteria demonstrating their stable passive income.
PROCESS
Initial Assessment
• Verify passive income sources
• Confirm income thresholds
• Review healthcare requirements
• Complete financial documentation
Selection Phase
• Choose destination country
• Review residency requirements
• Assess tax implications
• Select optimal visa category
Application Preparation
• Gather proof of income
• Obtain health insurance
• Prepare bank statements
• Complete background verification
Submission
• Submit residency application
• Pay visa fees
• Schedule interview (if required)
• Provide biometric data
Residency Setup
• Receive residency permit
• Register with local authorities
• Set up banking/utilities
• Complete residency registration
PROCESS
DOCUMENTS
Passport
Applicant Birth Certificate+Marriage certificate and birth certificates of dependents (if applicable)+Name change certificates (if applicable)
Proof of residence documents in Uruguay
Extract from the Criminal Record issued by the police of the country of residence+The person must be able to certify his/her criminal record five years back in time
Applicants must provide documentation proving they have sufficient financial means to support themselves in Uruguay
DOCUMENTS
Birth certificates from government archives; Marriage certificates for family dependencies; Police clearance records from current and past residences
Certified translations into official language(s); Apostille certification; Government-issued document legalization
Diploma and transcript verification; Professional certification authentication; Credential evaluation services
Initial application submission fee; Processing and handling charges; Administrative review fees
Fingerprint collection fee; Digital photograph requirements; Biometric data processing
Required medical examinations; Vaccination verification; Health certificate processing
Document verification fees; Background check processing; Application status updates
Consulate visit expenses; Interview travel costs; Temporary accommodation (if required)
Language proficiency testing; Skills assessment fees; Additional document requests
Immigration lawyer consultation; Document review services; Legal representation fees
Tax planning consultation; Asset transfer advisory; Investment planning services
Relocation services; Property search assistance; Settlement support services
Residency card processing; Passport issuance fees; Registration certificates
Oath ceremony fees; Registration charges; Local authority fees
Renewal fees; Status maintenance costs; Annual reporting fees
Rankings
92
Overall Rank
Cost
Based on application fee
Residency Requirements
Based on residency requirements
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Residency Privileges Length
Based on programs’s term
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Processing Speed
Based on estimated processing time
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Eligibility Requirements
Based on entry requirements
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Program Stability
Based on years of activity
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Time to Permanent Residency
Based on permanent residency timeline
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Rankings
Safety
52
Cost of Living
29
Quality of Life
60
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Healthcare Quality
63
Internet Speed
29
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Human Freedom
34
IMMIGRATION PROGRAMS
Explore alternative pathways to live and work
Learn about living costs, culture, healthcare, and other essential information about relocating to Ireland. Explore all available immigration pathways and find the best option for you.
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