Officially, the Oriental Republic of Uruguay, Uruguay is located in the south-eastern area of South America, bordering Argentina and Brazil with a coastline facing the South Atlantic Ocean. Uruguay is home to around 3.4 million people with many living in the capital city of Montevideo. Serviced apartments and corporate housing in Uruguay make for a great business travel experience to this country which is a growing economic player.
The area of Uruguay was originally inhabited by the Charrúa, a tribe of around 9,000 as of the 1500s when European settlers first inhabited the land. Following the conquest by the Portuguese and Spanish, Montevideo was founded and rapidly developed with cattle being introduced to the country by the Spanish inhabitants.
Uruguay finally declared independence in the early 1800s and since then has become one of the most socially advanced in that region, ranking highly on human rights, inclusion, and tolerance issues. Uruguay has become a popular destination for business travel with an array of corporate housing and serviced apartment accommodations developing across the country. Uruguay’s economy is predominantly comprised of agriculture, tourism, and services.
Key Facts
Capital: Montevideo
Population: 3.4 million
Currency: Uruguayan Peso (UYU)
Language: Spanish
Dominant religion: Catholic
Time zone: (UTC -3)
Main exports: Beef, Rice, Wood, Wool
Internet domain: .uy
International dial code: +598