Uruguay Still Booming, Foreigners and Expats Abound

I was reading la nacion this morning in the Punta Carretas mall McChundley’s this a.m. — the McCafe actually and the reports for the year end 2009 are rolling in from the various ministries.

As much as I could understand what I was reading, things seem to still be booming down here.

If local tourist traffic is any indication, that part of the local economy doesn’t seem to be suffering any either.

I spent January in the city like I pretty much every summer since I arrived.  I think I’m the only montevidean left in the city as the entire city empties and goes to their various summer retreats on the coastline.  For those not wealthy enough to own a plot of land or apartment or condo or  house along the coast, they simply rent from one of the few who is wealthy enough to own several :)

The model for the coastal landlord seems to be that they’d like to make the entire year’s expenses and profit on their investment back in the two months of January and February.  If they are lucky enough to get some sucker in there over Christmas or semana santa then it’s a total ‘home run’ year.

This weekend as January comes to a close it’s really weird.  It seems like all the people who opted to take January off aren’t back yet and the people who opted for February left early as the weekend bumps up against the beginning of the month.  Even the brasilians and argies who should be here on the way to the coast seem to be absent.

When I went into the office that is responsible for national identity cards, there were signs everywhere that they were short handed due to personnel shortages.  I imagine it was the unfortunate government employee who drew the short end of the straw and ended up in a beige government office in centro with no a/c, overhead fans spinning endlessly in an attempt to move around the heavy air, pregnant with 120% humidity.

The lines themselves, which as any line in Uruguay is paced by the distribution of the ubiquitous deli-counter (take a number and wait) method, seemed to be devoid of locals as well.  A few guys and gals that had the “stink” of the interior (or Uruguay) about them.  Some nuns and missionaries from peru or parts where ladies are expected to be 4′8” and of course the out of place expat or two, like myself, looking to secure residency or second passports in Uruguay.

Thankfully, the lines were relatively empty because even with the empty lines it took about 4 hours to go through the 8 lines that just got me to the point of setting an appointment, to be able to set an appointment to be able to start a process that would take a few more weeks.

I’ll be trying to get the rest of my residency issues together next week and the week thereafter, and I imagine by this time next week we’ll be back to ‘normal’ with the local joints filled with brazilians and the city completely devoid of uruguayans.

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2 Comments

  1. Steve Bowman
    Posted March 3, 2010 at 10:11 am | Permalink

    “The model for the coastal landlord seems to be that they’d like to make the entire year’s expenses and profit on their investment back in the two months of January and February. If they are lucky enough to get some sucker in there over Christmas or semana santa then it’s a total ‘home run’ year.”

    This is W A Y off the mark. Our property has been booked non-stop since November and still is. Bookings in 08 and 09 have been fantastic. (If you customers are North American and European, that is.)

    Get out of MVD and check it out. : )

  2. uruguayguy
    Posted March 5, 2010 at 12:31 am | Permalink

    steve,

    glad to hear things are still rockin’ out on the coast for everyone.

    my earlier comment reflects a tad bit of disgust i’m ashamed to admit because i think that while punta and the really ‘high profile’ coastal destinations are nice, they are grossly overpriced in high season

    and yet, i obviously know nothing because prices refuse to budge downwards, and as you say, bookings have been fantastic.

    t

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