• About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe
No Result
View All Result
Live and Invest Overseas
FREE REPORT
BEST PLACES TO RETIRE
*No spam: We will NEVER give your email address to anyone else.
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
    • Our Latest On Coronavirus ⚠️
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
Live and Invest Overseas
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
    • Our Latest On Coronavirus ⚠️
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
No Result
View All Result
Live and Invest Overseas
No Result
View All Result

Property Purchase Process In Argentina And Uruguay

Live And Invest Overseas by Live And Invest Overseas
Sep 05, 2014
in Mailbag
0
Even in Puerto Madero, transactions can be made completely in cash when buying property in Argentina or Uruguay
208
SHARES
3k
VIEWS
Share on FacebookShare on Twitter

“Kathleen, I had a good laugh while reading your book ‘How To Buy Real Estate Overseas‘ and how money was stuffed inside a bra by someone selling property in Argentina to avoid being robbed on the way out.

“It is also true in Uruguay that most or all real estate transactions are cash-only deals. We have spent a lot of time in Punta del Este, Uruguay, and became good friends with a local fellow who was buying property there to build a small condo complex. He was telling us how casual and easy the banking system was and invited us to come along while he made the transaction to withdraw US$150,000 for his down payment. The teller, with no questions asked, counted out the money and it was then placed in a small, sandwich sized brown paper bag.

“Afterwards, we all walked through town, paper bag in hand, and went to get an ice cream. It felt great to be in a place where you were not automatically under suspicion of money laundering or other criminal acts for withdrawing a large amount without a mountain of questions as to when, how, and where your money was obtained.

“I am originally from Baltimore (I think that’s your hometown, too?), so the idea of walking the streets with a brown paper bag stuffed with money to get an ice cream is something I never could imagine ever doing.

“This is just another example to show that exploring other areas and living outside the box can bring you not only new adventures but freedoms that you haven’t experienced in a very long time.”

–Toni D., Canada

Continue reading: Paying Bribes In Foreign Countries

Comments

Tags: 'Argentina'mailbagUruguay
Share83Tweet52
Previous Post

Paying Bribes In Foreign Countries

Next Post

Where Is Your Best Bet For Gaining Residency Overseas

Live And Invest Overseas

Live And Invest Overseas

Live and Invest Overseas is the world's savviest source for top opportunities to live better, retire in style, invest for profit, do business, and own real estate overseas. Established in 2008, the Live and Invest Overseas' editors and correspondents have more experience researching and reporting on top opportunities for living well, investing for profit, doing business, and owning real estate around the world than anyone else you'll find.

Related Posts

Nazaré beach resort, Estremadura, Portugal
Mailbag

Retire To The Silver Coast Of Portugal

by Live And Invest Overseas
February 18, 2021
0

Portugal’s Silver Coast, or Costa da Prata in Portuguese, is best known for its ancient towns with cobblestone streets, breathtaking...

Read more
Man bookkeeper working with bills pay taxes online using laptop

How To Do A 1031 Like-Kind Exchange Of Foreign Real Estate

February 15, 2021
Aerial view of Fortress Vila Vella and Badia de Tossa bay at summer in Tossa de Mar on Costa Brava, Catalunya, Spain

Low-Humidity Retire Overseas Options

January 2, 2021
Assisted Living

Assisted Living In Panama

December 11, 2020
Boa constrictor imperator

Malaria, Dengue, Bugs, Spiders, And Snakes In Panama

December 9, 2020
Establishing Retirement Residency In Portugal - Lagos

Establishing Retirement Residency In Portugal

July 6, 2016
The Tax Advantages of Operating A Business Offshore can be plenty in a country like Panama.

How To Live Tax Free In Panama

June 1, 2016
Next Post
Friendliest countries on the globe for Gaining Residency Overseas

Where Is Your Best Bet For Gaining Residency Overseas

A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today.

Start Your New Life Today, Overseas

how to retire overseas

LIOS Resources


  • New To LIOS
  • Ask An Expert
  • Media Center
  • Contact Us
  • FAQs

Quick Links


  • Best Places To Live
  • Best Places To Retire
  • Finding A Job Overseas
  • Real Estate

Sign up for our free daily e-letter, Overseas Opportunity Letter, and get your FREE report: The 10 Best Places To Retire Overseas In 2021

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

No Result
View All Result
  • Home
  • Countries
  • Budgets
  • Archives
  • News
  • Events
  • Bookstore
  • Newsletters
  • About Us
  • Members Area
  • Contact Us

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

WANT TO RETIRE OVERSEAS?

Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll immediately send you a free report on the 10 BEST PLACES TO RETIRE in style overseas. Each day you’ll learn about the best opportunities for international living, retiring overseas, offshore diversification and asset protection, and investing in real estate around the world.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.