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By setting up proper financial structures, individuals can strategically leverage Uruguay’s tax benefits. For example, a family earning one million dollars in a high-tax jurisdiction could save approximately $330,000 annually by moving to Uruguay, enabling them to compound that savings through prudent investments. Over time, this could lead to the accumulation of substantial additional wealth.
Moreover, Uruguay is considerably less expensive to live in compared to many other international cities, further enhancing the value proposition. Residents find that they can enjoy a higher quality of life without the exorbitant costs associated with living in countries like the UK or even the United States.