Retiree and Pensioner Residence Benefit (Law 16.340)

The official DNM page states a minimum of US$1,500 per month from pension or other foreign-generated income, evidenced by a notarial certificate. Always confirm the current figure and conditions on the gub.uy procedure page before relying on it.

The Law 16.340 benefit requires either acquiring qualifying Uruguayan residential real estate (the page states a minimum of US$100,000, not sellable for 10 years) or holding equivalent Uruguayan government securities deposited with the Central Bank for at least 10 years. The benefit then allows duty-free import of household goods and one vehicle, or a Uruguayan passport.

The qualifying Uruguayan residential property (the official page states a minimum of US$100,000) cannot be sold for 10 years, and the alternative government-securities deposit at the Central Bank must be held for at least 10 years. A duty-free imported vehicle under the benefit cannot be sold for 4 years. Confirm the current conditions on the gub.uy page.

The permanent-residence application carrying the Law 16.340 benefit can be started online, at a Uruguayan consulate abroad, or at DNM in Uruguay, though an in-person appointment with originals is still required before the grant. Confirm the current channels on the official gub.uy page.

Under Law 16.340 the benefit lets you either import household goods and one vehicle duty-free, or instead obtain a Uruguayan passport. The benefit attaches to a permanent-residence grant handled by the DNM. Confirm the current terms on the official gub.uy page.