How to retire to Uruguay

An older couple sit in portable fold-up chairs on the beach to watch the sunset, one talking on mobile phone, in Punta del Este, Uruguay
bmszealand / Shutterstock
The living is very easy for American retirees in Uruguay.

Uruguay has several visas that might work for retirees. The first is the rentista visa, which requires proof of monthly income of $1,500 for a single applicant.

There's also a foreign retiree visa that allows a duty-free import of your personal items. But this visa is harder to come by, and you’d need a lawyer to help you apply.

It’s worth noting that while obtaining residency in Uruguay is simple enough, the country generally does not want to give out citizenship to foreigners.