You don't need legal residency to work, you can work legally with your us passport for some companies. Legal residency will allow you to extend your search for work. Citizenship won't improve that. I doubt your 100k will make any effect in your residency process. And you will find very hard to open a bank account here with your us documents, not impossible though. In order to have high interest rates you will have to deposit the money in pesos. and Yes you can buy property here with less than 100k.
good luck
and Happy Solstice to everyone.

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Uh..To make things worse i hold a Turkish(TR) passport :( Would that make a difference?

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00abuse

Might be better! The requirements for US citizens are more difficult than most countries as far as banking goes.
Might be more difficult getting your documents translated for residency as it must be done by an official translator here and there may not be any/ many who speak your language.

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I can translate the necessary papers in my homeland it is ok,but would i survive with a job like a waitress,or some minimum-wage thing that requires no skill at all? (Assuming i wont pay rent)

Thank you, sorry for asking too much :/

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You might find this of interest.

https://tramites.gub.uy/ampliados?id=259

I think you have to go through a Uruguay Embassy as Turkey is not a country that uses apostilles.

I doubt any unskilled work would get you more than around $500 US a month and would also require Spanish. There are many young Uruguayans looking for that type of work. You did not say how old you are but there is definitely age discrimination here and anyone over 50 has a lot of difficulty finding work.

Here is a general article on unemployment here -

http://www.elpais.com.uy/que-pasa/mal-momento-desempleo-adultos.html

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gshepherd
Don't feel bad about asking too many questions. Actually I think you should be asking a lot more questions before you decide to come to Uruguay.
You did your research and I don't know what made you think Uruguay is your best choice but here are some important facts.
Uruguay is in my opinion the more expensive country in all the Americas, including the US.
There are some things that are cheaper and if you're very good at finding good deals maybe you can make it but it won't be easy.
Uruguayans earn salaries way below what any first world country pays. They survive because they use an extensive network of family and friends to get things done at the lowest possible price.
Uruguay is very small, and has a very small market. The total population is about 3.5 million people so finding a job competing with the locals is going to be a challenge.
I'm not saying that it is impossible but you should be aware what you're getting into before is too late.
Could you tell us what made you think Uruguay was a good option ?

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What made me think Uruguay is a good choice?

Hmm..I dont know..Escaping Erdogans Dictatorship maybe :d ?

It is also the easiest way when you have 100k usd.If i could get a citizenship from an European country i would.Sadly Uruguay is not a good choice,Turkey is just that bad now.

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00abuse

Perhaps they would take you in as a refugee of some sort, considering the current state of Turkey. Don't let these people get you down. They think it's their job to discourage all who even consider Uruguay as a destination.

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If you have US$100K and expect to bring it into UY from Turkey, it would be advisable to contact the nearest UY embassy or a UY lawyer to see how that can be done. It is remarkable how much resistance UY institutions put up to bringing money into UY. To me, it would seem like a good thing for UY; but, there must be some history that makes them shy. I didn't think the Panama papers would have been enough.

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I was under the impression that wiring money was fairly easy if you have someone at both institutions at the time of wiring.

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And another thing, if you're not intent on coming to Uruguay, you might consider Ecuador. Not only is it cheaper, you invest just 25 thousand and get an investor visa, and this is permanent residency. If you speak English, the large expat communities of Cuenca and elsewhere may be much easier to find work. just a thought. Good luck

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00abuse

This was really helpful to me, thanks Morell! (especially the age discrimination...yikes! I'm almost there!)

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00abuse

This was really helpful to me, thanks Morell! Especially the age discrimination info.

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00abuse

This was really helpful to me, thanks Morell! Especially the age discrimination info.

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JAYM "Don't let these people get you down. They think it's their job to discourage all who even consider Uruguay as a destination."
WRONG
The purpose IS NOT TO DISCOURAGE anyone but rather to present an accurate overall picture of what the expat is going to find once in the country. To show the good and the bad and give them the opportunity to make an educated decision.

Personally this would be my rough description of Uruguay

Pros:
Slow pace. Friendly but conservative people. Close to first world infrastructure. 90% plus white European descendent population (no, I'm not racist). Truly Secular government , total separation of government and religion (officially Christmas day is called "family day"). No religion discrimination at all. Mostly Catholics but almost 50% atheist. No race discrimination. Gay friendly. Abortion and same sex marriage legal. Marijuana legal. Unbelievably tasty fruits and veggies. Top of the world meats from grass fed animals. Real estate cheaper than US but probably higher than many other countries. Beaches all along the southern coast with spectacular beaches toward the Brazilian border. No major natural disasters, no earthquakes, no tsunamis, no hurricanes, no land slides, etc. I'll stop it there although I could find many other pros.

Cons:
Slow pace. Very expensive Especially imported goods, they have a 60% tax. Mostly white European population but with a very unique Uruguayan culture therefore little multiculturalism here. Therefore no food variety. A general dislike for spicy foods, therefore bring your own spices. Small country with 3.5 million people, small market. Not many jobs available. Below average salaries compared to first world countries. Four seasons with a temperate climate. Rarely goes below 32 degrees Fahrenheit so no snow ever. Can get cold and humid and many buildings and houses don't have proper insulation. Very expensive electricity and gas. Expensive cars and yearly tax. I could also find some other cons but this would give you a good idea of the county.

Like I said, this is my personal view and I'm sure what is good for me might be bad for you so at the end you have to make your own personal assessment.

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I would agree with Ed. I know several folk who have left for various reasons - unable to afford it here on their pensions, not being able to find work, finding the climate unsuitable for them, finding too little to do here compared with other places they lived etc.
I think you would find any country forum would point out possible drawbacks to prospective new comers because much of the online info on sites like International Living etc. show only positives sometimes with glaring inaccuracies.

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Hi,
you have 100 k and need a house/apartment worth less than that and ask for onterest rates for 100 k. You cannot make both things with only 100 k.
As Carlitos said, you can start working without even having applied for residency, but you should do so as fast as possible, because working in Uruguay means that employer and employee are paying social security and as long yoy do not havea Cédula (local ID you can get after applying for residency), the social security will not be in your profit. In the social security the health insurance is included so you will need a Cédula to be covered by local health insurance.

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gshepherd,

If Uruguay seems to be a difficult transition for you, you might also consider Colombia. Permanent residency is easy and fast, it's incredibly affordable, Colombians are extremely friendly and inclusive, but finding a job might be difficult as you would be competing with Colombians. Without fluency in Spanish it would be nearly impossible. There are not yet a great number of English speaking people in Colombia, so you might find an opportunity in teaching English, either at a school, or as a private tutor. Alternatively, you might think about earning an online income. There are many, many people, young and more mature, in Medellin who earn their living online. Medellin is a truly first world international city, the weather is nearly perfect year round with no need for heating or air conditioning, and cost of living is very low. There are some nice suburbs around Medellin if a big city is not your first choice of environment. Public transport is excellent so you do not need a car. Health care is about the best in South America.

I have a good friend who left Istanbul in July 2015 and has spent some time in South America. Her favorite places to live so far have been Cuenca, Ecuador and Medellin, Colombia. She is still traveling and hasn't made a decision yet, but those 2 cities have both made a huge positive impression on her. By the way, she does teach English and is also now considering adding a little online income as she is not close to retirement age. Hope this helps.

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00abuse

Yep, word is comming to be hard. I see Erdogan? Turkey in the same position as my country Czech´in 1948 when communists take leadership....we suffer 50 years....

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00abuse

However, if you are NOT working for a company, but as an entrepreneur starting your own business, then you most certainly need to have residency (not citizenship) to work here.
If your work is online an basically global or outside of Uruguay, you need to go out of the country every few months and do not need residency or citizenship. Actually you can renew again once or twice without having to go out of the country these days.
Having residency enables you to work part-time or full-time in a job of your choice or work for yourself - such as teaching private English lessons.
But if you work, you have to have a residence in tramite, and you have to pay into the Uruguayan health care system by way of a mono-tributo or another similar kind of plan.

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00abuse

AND as a non-resident
you can start "your own" company where you can be Pres. and
THEN HIRE yourself ...
Can solve many problems ... !!

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00abuse