The Oriental Republic of Uruguay is a country in South America which consists of 19 departments, and its capital, Montevideo, where the government resides. It is a city of clear European influence, mainly of French origin, it is evident in the use of architectural styles; mainly Gothic styles: Art deco and Art tab. It is a country surrounded by a beautiful coastline and by many beaches. MERCOSUR Capital Territory and the second smallest country in the continent with an area of 176,215 km ². To the north and northeast borders the Brazilian state of Rio Grande do Sul. To the west Uruguay borders the Argentine provinces of Entre Rios and Corrientes, which are separated by the Uruguay River. The Southern part of Uruguay is limited by the Rio de la Plata, which separates Uruguay with the city of Buenos Aires. And in the southeast, Uruguay has coastlines on the Atlantic Ocean.
According to the UN Uruguay is the Latin American country with the highest literacy level and according to a study done by the organization “Transparencia Internacional” Uruguay is the second country in Latin America (after Chile), which has the lowest rate of perceived corruption. According to United Nations Program for Development (UNDP), it is the third Latin American country (after Argentina and Chile), with the highest Human Development Index (HDI). It is also the Latin American country (along with Costa Rica), with more equitable distribution of income between the richest 10% and 10% poor. It is also the fourth Latin American country (after Cuba, Argentina and Chile) with the highest life expectancy. It is the third Latin American country (after Argentina and Chile), with the highest per capita GDP, and the ninth largest country in Latin America (after Brazil, Mexico, Argentina, Venezuela, Chile, Colombia, Peru and Ecuador respectively), with the highest GDP. It was among the first countries in the world to give women the right to vote. It was also the first nation in the world, established by law a free education system, compulsory and secular (1877).
A little history ...
Before the Spanish and Portuguese explorations Uruguay’s territory was populated by some ethnic nomadic Native Americans, among which the “charrúas” were the most important, although recent research has yielded data that could significantly change the concepts so far handled about pre-Hispanic residents in the region.
The first European settlement was called the San Lazaro, it was a Spanish settlement founded by Sebastián Gaboto on the east bank of the Rio de la Plata in early 1527. Just weeks after commanding the Spanish, Gaboto established a second fort at the mouth of the San Salvador river, which receives its European name from Fort San Salvador. Such establishments were ephemeral.
The first settlements which would be correct to call European, were those of the Spanish Villa Soriano (1574) and, later on, the Portuguese settlement that was founded by violating the Treaty of Tordesillas, Colonia del Sacramento and finally from the Spanish Foundation Buenos Aires, Montevideo was founded.
The Spanish settled in 1726, when Montevideo was founded, due to the advance of Portuguese troops in the current Uruguayan territory and the founding of these cities. The City of Montevideo was founded with a Military and Merchant character, being an important military plaza of the realistic territories in the south during the 18th century and the principal port of the Estuary of the Rio de la Plata who was involved in many battles with Buenos Aires, Capital of the Viceroyalty.
The 22nd of November, 1749, the King of Spain names José Joaquín of Viana the first Governor of Montevideo. He comes to the Rio de la Plata on the boat “Nuestra Señora de la Concepción” the 3rd of februray 1751, he lands in Buenos Aires, where he takes oath to be the first Governor of Montevideo before the Captain General Andonaegui in a solemn session the Montevidean Cabildo held on the 14th March. The Government of Montevideo included the territories from the mouth of the creek Cufre, in the west, to the Pan de azucar, to the east, reaching the north from the mouth of the San Jose and Santa Lucia along the lines of the Cuchilla Grandeto the Ojosmín hill, found in the present department of Flores. This territory applies to the present day departments of Montevideo, Canelones and part of San José, Flores, Florida, Lavalleja and Maldonado.
In 1798 and in 1806 to 1807 (British invasions) Forces from Buenos Aires and Montevideo together repel the attacks of the English fleet (the first commanded by Commodore Sir Home Riggs Popham and the second by Admiral Sir Charles Stirling) coming to conquer the territories of la Plata. In the revolution of May 1810 and during the revolutionary upheaval of the provinces of La Plata, Montevideo stays true to the Spanish authorities.
The country was established as a state in 1828, after various struggles in which Jose Gervasio Artigas stood out, whose intention, however, was not to create an independent state but an organization called the United Provinces of Río de la Plata, which included the present territories Uruguay and several Argentine provinces. In 1822 Brazil built its empire including the present territory of Uruguay, what followed was the exploits of the Thirty-Three Orientals who immediately pursued war with Brazil from which the Oriental Republic of Uruguay emerged.
The Oriental Republic of Uruguay is a unitary democracy with a presidential character. According to a report published by the British magazine The Economist, it is considered the most democratic country in South America, located at position 27 of a total of 167. It has an established political party system, and is the second in Latin America in the table of countries with lower corruption perception index (compiled by Transparency International), just behind Chile. Its government is divided into three independent branches: executive, legislature and judiciary.
For all these proven concepts internationally and documented in real way, this is a country that undoubtedly provides the most real and effective conditions for investment, minimizing the percentage of risk which comes with investing in any place, because clearly risk and investment go together. The key issue is to minimize the risk.
When investing in the Eastern Republic of Uruguay, we have the assurance that these investments will be upheld not only for its political constitution, but by its geopolitical position, as it has one of the largest vacation spots in Latin America: Punta del Este.
It also has network port and a waterway that is the output of all America to the rest of the world, the Montevideo port after the port of Santos in Brazil, is one of the most important, and work is in realizing the overseas port in La Paloma that would place the country as the the biggest over-sea communication place of the region. We believe that there is little to think about investing in a country with such geographical conditions, it’s just a matter of investing ... |