Uruguay – #1 business HUB in Latin America 🇺🇾
The software industry is a fundamental pillar of Uruguay’s economic development. Promoted by Uruguay XXI – Uruguay’s national investment agency, Uruguay’s technology value proposition is founded on:
📣 experience of the Uruguayan IT industry in developing world-class solutions
📣 the existence of a technological and entrepreneurial ecosystem that focuses on start-ups as well as mergers and acquisitions
📣 its status as an ideal test bed for developing innovations such as the one-laptop-per-child initiative, fully implemented 5G network and a COVID-19 test-and-trace application
📣 the quality of its science, technology, engineering and mathematics (STEM) talent
📣 a favourable regulatory framework, including 100% income tax exemption
📣 a modern technological infrastructure including world-class data centres, fibre-optic broadband and long-term evolution (LTE) coverage.
Source: https://www.investinuruguay.uy/es/sectores/tic/#title
If you want to know more about Uruguay please read our article “Uruguay – gateway for the software industry”