🇺🇾 Uruguay vs 🇵🇹 Portugal
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇺🇾 Uruguay | 🇵🇹 Portugal |
|---|---|---|
| Tax System | Territorial (with tax holiday) | NHR (Non-Habitual Resident) |
| Income Tax (Foreign) | 0% foreign (10 years) | 20% flat (qualifying income) |
| Capital Gains Tax | 0% foreign (10 years) | 0% (foreign gains) |
| Corporate Tax | 25% | 21% |
| Residency Requirement | $520k property OR income proof | D7 Visa (passive income proof) |
| Minimum Stay | 183 days to activate | 183 days/year |
| Cost of Living | Moderate ($2,000-3,500/mo) | Moderate ($2,000-3,000/mo) |
🇺🇾 Uruguay
Highlights
- ✅10-year tax holiday on foreign income
- ✅Stable banking system
- ✅High quality of life
- ✅Safe country
- ✅Good infrastructure
Considerations
- ⚠️Higher residency requirements
- ⚠️Cold winters
- ⚠️Small market
Best For
- 👤Wealthy individuals
- 👤Argentines
- 👤Quality of life seekers
🇵🇹 Portugal
Highlights
- ✅EU membership & passport path
- ✅NHR tax regime benefits
- ✅High quality of life
- ✅English widely spoken
- ✅Great weather
Considerations
- ⚠️NHR being phased out for new applicants
- ⚠️183-day stay requirement
- ⚠️Higher taxes after NHR ends
Best For
- 👤EU access seekers
- 👤Retirees
- 👤Quality of life focus
Which Should You Choose?
Choose Uruguay if: You prioritize 10-year tax holiday on foreign income and stable banking system. Ideal for wealthy individuals, argentines, quality of life seekers.
Choose Portugal if: You prioritize eu membership & passport path and nhr tax regime benefits. Ideal for eu access seekers, retirees, quality of life focus.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.