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Uruguay, officially Eastern Republic of Uruguay, is a country located in the southeastern part of South America. It is home to 3.46 million people, of which 1.7 million live in the capital Montevideo and its metropolitan area. It is bordered by Brazil to the north, by Argentina acrossthe bank of both the Uruguay River to the west and the estuary of Río de laPlata to the southwest, and the South Atlantic Ocean to the southeast. Itssurface is 176.215 km² being by its territorial extension the second smallestcountry in South America.  The climate in Uruguay is temperate: it has warm summers and cold winters. Thepredominantly gently undulating landscape is also somewhat vulnerable to rapidchanges from weather fronts because without mountains in zone that act as abarrier, the air masses freely move by the territory, causing abrupt weatherchanges.

According to Transparency International, Uruguay is the second least corrupt country in Latin America (after Chile), with its political and labor conditions being among the freest on the continent.  In 2007 it became the first LatinAmerican country and the second in all of the Americas (after Canada) to recognize same-sex civil unions at the national level. 94.6% of the populationis of European descent. 66% of Uruguayans are declared Roman Catholics. Uruguay is South America's most secular country, where there is no official religion,and in which church and state are separate.

The economy is largely based on agriculture (making up 10%of GDP and the most substantial export) and the state sector, Uruguay's economy is on the whole more stable than in its surrounding states, and it maintains asolid reputation with investors. Uruguay's economy is characterized by anexport-oriented agricultural sector, a well-educated work force, and highlevels of social spending. The construction of a pulp mill in Fray Bentos,which represents the largest foreign direct investment in Uruguay's history at $1.2 billion, came online in November 2007 and is expected to add 1.6% to GDPand boost already rising exports. The economy has grown strongly since 2004 asa result of high commodity prices for Uruguayan exports, a strong peso, growthin the region, and low international interest rates. Except for areasconsidered part of the national security domain, there are no restrictions onthe ownership of private property or the establishment of any business. Uruguay is known for having a very small rental market but despite this the country's real estate market is still very good, receiving increasing interest from potential investors.

Offshore World Resources for Uruguay:

 Offshore Bank Accounts and Corporations in Uruguay (external link)