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Many such cases
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this post was submitted on 18 Jul 2025
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chapotraphouse
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Uruguay is a financial cancer to the rest of the region, like Andorra for example, by giving citizenship to any rich dipshit who actually parasites on workers in Argentina or Brasil but they get to pay very low taxes in Uruguay. They should do something about it ~~or be annexed~~.
That said, it's a nice place, it's indistinguishable from many provinces of Argentina but they have different money and low inflation. And yeah they are the most progressive place in the region right now. Oh and their beaches are nice too.
Ah yeah i figured there must be something like that i wasnt hearing about. It seemed too weak to be so peaceful without some sort of international backing. So it being backed by elites globally as a tax haven makes sense.
I'm guessing that stability it enjoys wouldn't last long then in a global crisis.
It's a peaceful place anyways, exporter of food,
Ya the food production is a big positive for sure. Plus its out of the way if nuclear weapons start flying. Southern Hemisphere is the place to be then.