Uruguay Wealth & Property Tax
Detailed wealth & property tax rates and rules for Uruguay in 2026.
Wealth Tax
Uruguay imposes a net wealth tax (Impuesto al Patrimonio) on both individuals and companies. For individuals, the tax applies to net assets (assets minus liabilities) exceeding approximately UYU 5.3 million, with progressive rates from 0.1% to 0.3% for residents and up to 1.5% for non-residents on Uruguayan-source assets. Companies pay wealth tax at 1.5% on net assets located in Uruguay. Free trade zone companies are exempt.
Wealth Tax Rate
1.5%
Inheritance / Estate Tax
Uruguay does not impose an inheritance or estate tax. Transfers of assets upon death are not subject to specific death duties. However, income derived from inherited assets remains subject to regular income taxation.
Top Rate
0%
Property Tax
Property taxes (Contribución Inmobiliaria) in Uruguay are levied by departmental (provincial) governments based on the fiscal value of real estate. Rates vary by department and property type, typically ranging from 0.2% to 2% of the fiscal value annually. Montevideo applies rates from 0.5% to approximately 2%. Rural properties are subject to a separate rural property tax. Property transfer taxes are typically 2% for urban and 1.5% for rural properties.
How Uruguay Wealth Tax compares
Uruguay taxes net wealth. 12 of 203 countries TaxAtlas tracks take the same approach, which is useful context when weighing where to live, invest, or incorporate.
