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.
Statistics
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.
Minimum Income Amount
$1,500 per month
Visa-Free Travel Countries
157
Months to Visa
6-12 months
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
The program offers numerous advantages for individuals looking to establish their presence in Uruguay's welcoming environment.
Submit application in person at a government office in Montevideo after arriving in Uruguay
Overview
To qualify for the Independent Means Visa, applicants must meet specific criteria demonstrating their stable passive income.
Overview
Completed visa application form
Recent passport-sized photographs
Valid Passport
Proof of passive income
Bank statements
Police clearance certificates
Proof of real estate purchase or investment in public securities
Health card (obtained in Uruguay)
Birth certificate (apostilled)
Marriage certificate (if applicable, apostilled)
Vaccination records
Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.
We'll help you gather and organize the documents you need for applying.
Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.
How long does it take to process an Independent Means Visa application?
The processing time typically takes 6-12 months from the point of submission.
Can I include my family members in my Independent Means Visa application?
Yes, you can include your spouse and dependent children in your application, with additional income requirements.
What types of income qualify as passive income?
Passive income can include pensions, retirement distributions, rental income, and other forms of regular income not derived from employment in Uruguay.
How often do I need to renew my residency permit?
After obtaining temporary residency, you can apply for permanent residency. There's no need for regular renewals once permanent residency is granted.
Can Independent Means Visa holders apply for Uruguayan citizenship?
Yes, visa holders can apply for Uruguayan citizenship after 3 years (if married) or 5 years (if single) of legal residency, subject to meeting other requirements.
Uruguay offers a high quality of life, stable political environment, and welcoming atmosphere for foreign residents.
Benefits:
Advantages:
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