Banking In Uruguay

“Kathleen, I am getting to accompany a friend to Montevideo, Uruguay, the middle of October. I was thinking this might be a good time to open up an offshore banking account in that country. Do you have any contacts to suggest that maybe I could e-mail prior to trip so I could have whatever I need with me to open up an account?”

–Winnie S., United States

I’d suggest you start by contacting attorney Juan Federico Fischer in Montevideo. He can answer all your banking-related questions and make specific bank recommendations. You can get in touch with Federico here.


“Kathleen, you have sold me. I own luxury penthouses in Waikiki, Vancouver, and Myrtle Beach, along with homes in Bangkok, Las Vegas, and Princeville, Kauai.

“100k in the best neighborhood in Medellin, Colombia, almost sounds too good to be true as any city of that size surely has its share of wealthy businessmen.

“Can you point me in the right direction? Is there a recommended real estate agent that you suggest I contact?”

–Scott M., United States

We recommend First American Realty as a good starting point in this market. The agency is run by American expat Rich Holman and employs English-speaking staff.

Continue Reading: Luxury Retirement Lifestyle On A Budget In Medellin, Colombia


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