The immigration trend in Uruguay continues to rise, with entire families from countries like Germany, Switzerland, France, Bahamas, Panama and USA, among others, who bet on the country and especially Punta del Este. Economic stability and quality of life stand out. The impact is significant at the level of schools, private flights and the opening of bank accounts.
platform representatives I lived in Punta (vivienpunta.com) reported to scope.com which since its operation began has received more than 98,300 visits to the web, being Argentina the country that visits and consults the most to live in Punta del Este, with 14,000 visits, 60% of the site’s monthly traffic. As for the cities, Buenos Aires and Cordova They are the ones that generate the most queries. they follow him Rosario, Parana, Mendoza and Tucuman, in Argentine territory.
The countries with the highest number of visits to Viví en Punta are Argentina, Brazil and United States. Although there has also been an increase in web revenue from Germany and Canada.
Francesca Magno it is often the first contact that foreigners have who consult to get to the country. The firm’s Residency and Immigration manager andersen informs that “more and more people are deciding to have Uruguay as a final destination, that is something super significant because They are not people who perhaps just want a residence, but who are also considering moving“. “They come to us from countries like Germany, Switzerland, France, Austria, some islands of the Caribbean like the Bahamas; also from Panama, the United States, even places like Hawaii, Texas, North Carolina, New York, Florida, etc. “, he explains.
What they have in common are two things: the first is that there is Family planning, that is, they decide to move with their families, either now in the short term or to start planning how to bring their families to the country in 5 years from now. “And then, what we see is that Uruguay is also making a second immigration for many. In other words, perhaps some of them had already emigrated to a country that did not meet their expectations, and after analyzing it more carefully they found a place to come to in Uruguay”, says Magno.
multicultural education
“Since 2017, the school has received many foreign families. The profile is changing, of course in the pandemic period the vast majority were Argentine students and families, it is noticeable that from the middle of last year we began to have much more inquiries from Germany, Switzerland, Canada and the United States, he says to Ámbito.com Marcia Alvezadmissions officer of the International College, one of the most distinguished schools of the main Uruguayan resort.
“After the pandemic and with the war, many Europeans showed their desire to change and see Uruguay as a small country that is between Brazil and Argentina, with economic stability, security and quality of life”, he considers, and adds that “it is a change of life, they want to leave urban centers as large as the capitals of the United States or Europe, many Germans and even Russians”.
85% of the students of the International College are Argentine and Uruguayan, the third nationality is Brazilian and the fourth, American; then there are also Venezuelans, Peruvians, Mexicans, Guatemalans and other parts of the world, summarizes Álvez.
Question of (private) flights
“The private aviation in Punta del Este has experienced a significant increase in the number of passengers and movements compared to last year and the pre-COVID year. This is mainly due to the lack of availability and schedules in commercial aviation, as well as the increase in wealthy individuals choosing to fly private. However, it is important to highlight the need to improve the connectivity and frequencies of commercial aviation to make Punta del Este a more accessible destination,” he points out. Alejandro Rivero, airport manager Willow Lagoon.
“From November 22 to June 2023, in private aviation we will 18,000 passengers and 8,000 movementsthis if we compare it with the last pre-COVID year, which was all of 2019, means 75% more movements and 65% more passengers. If we compare it with last year, which had already set this record in private aviation, we are between 4 and 5% more passengers and movements than in 2022. This has a negative correlation with the great drop we had in commercial aviation in terms of available seats”, points out the executive from the Punta Esteña airport.
“There are two factors, one obviously is the number of people who have come to eradicate Punta del Este and its surroundingswhich is obviously a public with high purchasing power that has no problem in make up for the lack of availability and schedules of commercial aviation with a private flight. The second thing is that during the pandemic people also tried private aviation, almost forced, because at some point there was no commercial operation available, so people who had their property or wanted to come to do some business that occurs a lot in Punta del Este , he did it by private flight, air taxi or a friend’s plane, and he tried private aviation ”, concludes Rivero.
Private flight.webp
Private flights are a highly chosen alternative by foreigners who choose to live in Uruguay.
bank account for foreigners
“Foreigners see Uruguay as a safe and stable placewhere they can keep their savings in dollars, they are free to change currency, to turn abroad, they do not have any type of restrictions from the operational point of view and they can even have access to certain products that in their countries of origin they do not they have, such as access to mortgage credit ”, he tells Ámbito.com Gabriel Souto, head of HSBC Premier Preferred Banking and Investments.
“Another novelty that we have is the possibility of open accounts 100% remotely and remotely, being able to arrive in the country already with an open account before stepping on the airport. We launched this last year from March and already today 75% of all our new clients enter through this channel. Among the new clients, more than 70% are Argentine”, adds the executive.
“The facility to open an account is as easy as we as Uruguayans can have it. The identity document from the country of origin, proof of address from the country of origin and documentation that supports the funds are presented, there are no limitations or restrictions,” concludes Souto.
Source: Ambito