Can You Buy Property in Uruguay With Crypto? Rules and Paperwork
INGAR · · Legal
Yes, you can buy real estate with money coming from the sale of crypto assets, as long as you can prove the lawful origin and the traceability of the funds. If the seller does not accept crypto assets, the transaction can be structured by converting them into fiat currency beforehand; in that case it is worth checking the documentation and the incoming funds with the receiving bank before executing the conversion. There is no single list of documents that works for every case: the paperwork will depend on how the assets were acquired and held, how they were converted and how the transaction will be paid.
Two scenarios have to be separated from the start, because they are not treated the same way:
- If the price is paid fully or partly with virtual assets, SENACLAFT states that enhanced due diligence applies.
- If the assets were sold beforehand and the property is paid for entirely by bank transfer, the origin of the funds still has to be proven. The SENACLAFT guidance does not expressly clarify whether the mere fact that the capital comes from an earlier sale of crypto assets triggers enhanced due diligence on its own: the specific treatment has to be decided by each obliged entity according to the features and the risk of the transaction.
Here is the documentation that comes into play in each case, who asks for it and when it pays to have it ready.
Why you are asked: who is required to ask
This is not an INGAR policy, nor your notary's. It is Ley 19.574 (the comprehensive anti-money-laundering act), whose article 13 lists the non-financial obliged entities. Both parties to this transaction are on that list.
Real estate agencies, subsection B: "Real estate agencies, property developers, construction companies and other intermediaries in transactions involving real property, with the exception of leases."
Notaries, subsection D. And this is where the change that matters sits. In the wording given by Ley 20.469, published in the Official Gazette on 10 April 2026, subsection D expressly includes:
Purchase promises, assignments of purchase promises, transfers in lieu of payment, exchanges or sales of real property and every type of real estate transaction carried out fully or partly with virtual assets.
Uruguayan law now names real estate transactions made with virtual assets, whether fully or partly, and places them among the activities that make a notary an obliged entity.
The specific duty is set out in Decreto 379/018, the regulation implementing that law. For the real estate sector, article 30 is blunt about its scope: "The entities mentioned in the previous article shall apply customer due diligence procedures in all cases, regardless of the amount of the transaction, using a risk-based approach."
And on the origin of funds, article 32 for real estate agencies and article 44 for notaries use the same formula: "Request the volume of income or a reasonable explanation and/or proof of the origin of the funds handled in the transaction."
One nuance worth keeping in mind: in the case of real estate agencies, that same article 32 clarifies that "This information shall not be required from sellers of real property." The requirement about the origin of funds falls on whoever puts up the money.
Hold on to that phrase: reasonable explanation. The rule does not set out a closed list of documents or a single way to prove the origin of the funds.
That does not mean an unsupported explanation will necessarily be enough: when enhanced due diligence applies, the decree also requires supporting documentation for the information obtained. Whether each file is sufficient is assessed case by case.
When due diligence becomes enhanced
In May 2024 SENACLAFT published the Guide for Non-Financial Obliged Entities on the Use of Virtual Assets, which states:
in those transactions where Virtual Assets are used, the Obliged Entity shall necessarily carry out Enhanced Due Diligence, on the terms provided by the rules in force, and shall obtain, among other things, reasonable proof of the origin of the funds used in the transaction and of tax compliance
The basis for this is article 19 of Ley 19.574, which requires enhanced due diligence in the face of "new or developing technologies that favor anonymity".
The key lies in the phrase "where Virtual Assets are used": the guidance refers to transactions in which virtual assets play a part. There are two different situations there:
- The seller receives bitcoin, USDT or another asset. The situation is clear: enhanced due diligence applies.
- The assets were sold beforehand and the property is paid for entirely by bank transfer. The origin of the funds still has to be proven. The SENACLAFT guidance does not expressly clarify whether the mere fact that the capital comes from an earlier sale of crypto assets triggers enhanced due diligence on its own.
The specific treatment has to be decided by each obliged entity according to the features and the risk of the transaction, using the risk-based approach required by article 30 of the decree.
The added requirement: tax compliance
When enhanced due diligence applies, one more requirement comes in that is worth knowing about: tax compliance. It is not optional.
Articles 34 and 46 of Decreto 379/018 require obtaining a sworn statement from the client about their tax compliance, which can be backed up with filings made to the tax administration, a certificate of good standing or a letter from their tax advisors.
How your crypto gain is taxed is a matter for a tax advisor, not for this article; but the statement about your tax situation is part of the file.
Paying in crypto and paying with funds of crypto origin are not the same thing
These are two legally distinct operations, and it is worth deciding which one you are going to do before signing anything.
| Convert to fiat and pay | Transfer the crypto asset as consideration | |
|---|---|---|
| What happens | You sell the asset on an exchange, the proceeds arrive in a bank account, and the price is paid from there | The crypto asset is transferred directly to the selling party |
| How it is documented | Standard chain: sale settlement, transfer, bank statement | There is no standardized circuit; it is defined case by case |
| What legal form it takes | A sale with a price in money | It depends on the asset used; in Consulta DGI 6.419 the exchange of a property for cryptocurrency was treated as a barter (permuta) |
| Level of due diligence | Defined by the obliged party according to the characteristics and the risk of the operation | Enhanced, according to the SENACLAFT guidance |
Crypto assets such as Bitcoin are not legal tender in Uruguay. The fact that the parties may accept them as consideration does not legally turn them into money.
But not all virtual assets are the same thing: their legal classification has to be analyzed according to the characteristics of the specific asset. In July 2026 the Central Bank also approved a dedicated regime for virtual asset service providers, Circular N° 2.507, issued under Ley 20.345: authorization applications may be filed from September 1, 2026, and those already operating have until March 31, 2027. That regime expressly excludes operations with electronic money, which has a regime of its own.
On the specific case of a property paid for with cryptocurrency there is an official precedent. In Consulta Tributaria N° 6.419 (tax ruling), dated August 12, 2021, the DGI analyzed a planned operation exchanging a property for cryptocurrency and concluded:
The legal transaction is not a sale of real property, because, under article 1661 of the Civil Code, a sale is a contract in which one party undertakes to give a thing and the other to pay for it in money. In the case presented, there will be no payment in money, given that cryptocurrency is not money.
And it classified the transaction: "the planned transaction must be considered a barter of real property for an intangible movable asset." The same ruling rules out that the cryptocurrencies analyzed in that case can be categorized as electronic money.
If the payment combines money and virtual assets, the legal and tax structure has to be analyzed for the specific case. The DGI ruling is an administrative interpretation on tax matters; the tax treatment of your operation is a question for a tax advisor.
Translated to the negotiating table:
- If you are going to transfer crypto directly to the seller, discuss it with the notary before making an offer: it changes the structure of the deal and not every seller accepts it.
- If you are going to convert and pay by bank transfer, the route is the familiar one, and what you have to prepare is the traceability.
One point worth keeping in mind: the SENACLAFT guidance for notaries from June 2023 includes among its red flags "A proposal by the buyer to make payment with virtual assets, if it is considered that this will make some part of the operation less transparent."
It does not say that proposing it is suspicious in itself. It says that what is assessed is whether it makes the operation less transparent. A buyer who arrives with the chain documented is moving in the opposite direction from that red flag.
The practical bottleneck: converting the crypto and getting the dollars into the bank
If the seller does not accept bitcoin, USDT or another virtual asset, that does not block the purchase. But it adds a step worth resolving before you put down a deposit: how to convert the assets into fiat currency and which bank is going to receive those funds.
These are two separate decisions, and different players handle them:
- The conversion is handled by an exchange or a specialized provider.
- The crediting of the funds is handled by a bank, which receives a transfer in fiat currency.
The fact that a bank can receive international transfers in dollars does not mean it will automatically credit any transfer coming from an exchange. It may request additional documentation and assess the transaction under its own risk policy.
That is why, in a purchase of significant size, the safest sequence is not to sell first and ask the bank afterwards.
The bank first, the conversion second
Before converting the assets, it is worth telling the bank:
- The approximate amount you expect to receive.
- That the funds come from the sale of virtual assets.
- Which exchange or provider will carry out the conversion.
- From which institution and which country the transfer will arrive.
- That the purpose is buying a property in Uruguay.
- What documentation you have available to prove the origin and the traceability of the funds.
The bank will be able to tell you what documentation it wants to review before receiving the transfer. Asking in advance does not guarantee that the funds will be credited, but it lets you spot requirements or obstacles before moving a large sum.
Whenever possible, the provider's account, the receiving bank account and the buyer should be in the same person's name. The fewer third parties and intermediate steps the path has, the easier it is to reconstruct.
What precedents exist in Uruguay
In July 2024, Búsqueda reported the sale of a property for the bitcoin equivalent of USD 500,000. The path ran the opposite way to the one this article describes: the seller was a non-resident who insisted on being paid in bitcoin, and the buyer was someone entirely outside the world of virtual assets.
To settle it, the buyer transferred money to an exchange and sent the assets on to the seller from there. Banque Heritage was used for the on ramp —the step from traditional money into a virtual asset— with the trust company Cryptotrust acting as payment facilitator.
One detail connects with what we saw above: the contract was classified as a sale and not a barter, because the agreed price was partly money and partly something else. That is consistent with Consulta 6.419, which looked at a different case —a property handed over entirely in exchange for cryptocurrency— and therefore arrived at barter.
It is not an acceptance policy of any bank, nor a precedent you can invoke. What it shows is that Uruguay has already seen a real estate transaction of meaningful size in which the banking system and digital assets coexisted.
On the other side of the path —the buyer who already holds crypto and needs dollars— there are local providers that offer this publicly. Cryptotrust states on its website that it offers verified clients "OTC Exchange services for Fiat/Crypto transactions and cash-outs from the crypto world".
Since 2026, these providers also have a Central Bank regime: Circular 2.507 expressly covers the exchange between virtual assets and fiat currencies. The regime is still being implemented —applications opened on September 1, 2026, and those already operating have until March 31, 2027— so beyond cost and operating capacity, it is worth asking the provider what its regulatory status is.
You do not have to convert the money in Uruguay
If you already have a bank account abroad and that bank agrees to receive the proceeds from the sale of your assets, the path can be shorter:
crypto asset → exchange or provider → your bank account → transfer to pay for the property
If you choose to convert into fiat currency and pay by transfer, there is no general requirement for the money to pass through a Uruguayan bank account first. What matters is that the path is identifiable and can be reconstructed with documents.
International exchanges and SWIFT transfers
Some international exchanges now allow you to convert into fiat currency and withdraw dollars by bank transfer. Binance, for example, offers certain users USD withdrawals via SWIFT to verified bank accounts. Availability, limits and fees depend on the jurisdiction, the user's profile and the conditions in force at the time of the transaction.
That solves only half the problem. The exchange being able to send the dollars does not mean the receiving bank will credit them without review.
Before executing the conversion, it is worth confirming both ends:
- Can the provider convert and transfer that amount?
- Is the bank willing to receive it with the documentation you have?
That advance check usually matters far more than picking the exchange with the lowest fee.
The document chain, link by link
The logic is simple: you have to be able to trace the money from its origin to the signing, with no stretch left unexplained.
The table below is indicative. It is not an official or closed list: there is no legally defined roster of valid supporting documents, and which documentation is required in each case is decided by the reporting entity based on risk and circumstances.
| Link | What you need to be able to explain | Documents usually provided |
|---|---|---|
| 1. Origin of the asset | How you came to hold the crypto asset: purchase with savings, income from work, sale of a company, mining, payment from a client | Bank statements from the time of the purchase, invoices, contracts, tax returns for the period, pay slips |
| 2. Custody | Where the asset was held and in whose name | Exchange KYC in your name, account transaction history, evidence of wallet ownership |
| 3. Conversion to fiat | When you sold and at what price | Exchange settlement or sale receipt, showing date, amount in crypto, exchange rate and amount in fiat currency |
| 4. Transfer out to the bank | That the money that reached the bank is the same money that left the exchange | Exchange withdrawal receipt and the credit entry on the bank statement |
| 5. Bank account | That the account is yours and that the balance comes from that source | Bank statements for the period, ownership in your name |
| 6. Payment for the transaction | Which account the payment leaves from and where it goes | Bank transfer receipt |
Two points that make the whole process simpler.
Matching account holders makes traceability simpler
If the exchange, the bank account and the buyer are in the names of different people, you will have to explain and document the relationship between them and the origin of the contribution.
The SENACLAFT guide for notaries lists as a red-flag indicator that "the holders of the bank accounts do not match the parties to the transactions". It is a flag that triggers analysis, not a prohibition.
If a family member or a business partner is going to contribute part of the money, you raise it from the start and document it; it is not something you sort out on the day of signing.
The dates have to allow the path to be reconstructed
A long gap between the conversion and the payment does not invalidate the transaction on its own, but it may call for additional documentation explaining where the money sat during that period.
On the banking side, How to transfer money to buy a property in Uruguay covers the transfer circuit, and Opening a bank account in Uruguay as a foreigner covers what a local bank asks for, which is a separate requirement on top of the one from the notary and the real estate agency.
The three hard cases
None of them automatically blocks the transaction, but the available documentation may turn out to be insufficient. All three are better handled with time than under pressure.
The exchange does not issue statements
Not every exchange documents things the same way. Some issue settlement statements with letterhead, date, exchange rate and account holder details. Others only let you download a CSV of transactions. Others have shut down and there is no one left to ask.
What you can gather in that case:
- The exportable account history.
- Screenshots of the verified profile with your KYC details.
- The confirmation emails for each withdrawal.
- The bank statement showing the credit, with the name of the exchange or the payment processor as the sender.
That combination may be enough for the "reasonable explanation" required by Decreto 379/018, but the one who decides whether it is enough is the reporting entity involved, not you. That is why it is worth showing it before you put down a reservation.
If the documents are in another language, it is worth asking in advance whether the notary needs a translation and, if so, whether it must be done by a sworn public translator. The requirement will depend on the document and on the use it will be put to. On when a sworn public translator is needed in Uruguay, see Which documents you need to translate and apostille.
The funds come from a self-custodied wallet
A non-custodial wallet has no custodian or service provider that can attest to its ownership on its own: the user keeps control of their private keys.
The SENACLAFT guide on virtual assets addresses this point expressly and defines a non-custodial wallet as one in which "the client keeps control over their private keys and therefore full control of their funds".
That does not make it unacceptable. What it does is shift the burden of proof onto other elements:
- Demonstrating control over the address.
- Being able to explain how the funds came into that wallet.
- That the transfer out to the exchange where you converted is traceable.
How control over an address is proven —for example, through a signed message or a test transaction— and how its traceability is backed up —for example, through a blockchain analysis report— is not specifically regulated by Uruguayan law. It is a matter of professional judgement, and it can vary from one notary to another.
The asset was bought years ago and there is no record
Buying in 2016 without imagining you would one day have to explain it is not unusual. Old records are hard to reconstruct and the platforms are usually based abroad.
What can be reconstructed:
- Bank statements from the period showing the transfer to the original exchange.
- Emails from that time.
- Tax returns from those years showing a saving capacity consistent with the amount.
- Whatever history the exchange has kept, even if you did not save it yourself.
That last one is worth requesting formally from the platform: there may be records the interface does not display, and the process takes time.
When a stretch cannot be reconstructed, you document what does exist and explain in writing what is missing and why. That explanation becomes part of the file. What does not work is leaving the gap unmentioned.
How this intersects with the legal cap on cash payments
Article 35 of Ley 19.210, as amended by Ley 20.469, caps cash payments at 200,000 Unidades Indexadas, or at 5% of the total value of the transaction provided it does not exceed 450,000 UI. And it defines what cash means:
Cash as a means of payment means paper money and metallic coin, whether national or foreign.
A transfer of virtual assets is not a cash payment for the purposes of this rule: a crypto-asset is neither paper money nor metallic coin.
If part of the transaction is paid in banknotes, that part is indeed subject to the legal cap. The contractual and tax treatment of consideration paid in crypto has to be analyzed separately.
In practice, this settles the decision: having the sale proceeds land in a bank account and the payment go out by wire transfer falls outside the restriction that applies to cash, and it also generates on its own the traceability of links 5 and 6 in the table above.
Ownership: in your own name or through a company
Whether a company makes sense, and what type, is a question for your legal and tax advisor. What belongs here is what changes in the document file.
| In your own name | Through a company | |
|---|---|---|
| Source of funds | You have to document who actually provides the money | You have to document the source of the company's funds and, where applicable, of the contributions or loans it received |
| Beneficial owner | The buyer is identified, along with any third party who provides the funds or on whose behalf the buyer acts | The natural persons who own or control the entity are identified |
| Additional documentation | Depends on the source and path of the funds | Incorporation, good standing, representation and, if the entity is required to register, the filing submitted to the BCU |
If you are also a foreign buyer evaluating the purchase from abroad, the general framework —what you can buy, with what taxes and what procedures— is covered in Investing in real estate in Uruguay as a foreigner.
On the beneficial owner: Ley 19.484 defines it as "the natural person who, directly or indirectly, holds at least 15% (fifteen percent) of the capital or its equivalent, or of the voting rights", or whoever otherwise exercises ultimate control.
One detail that matters: Decreto 379/018 requires a certified copy of the sworn statement filed with the Central Bank's registry only for entities that are required to register under Leyes 18.930 and 19.484. Not every company has to file it.
And another: buying in your own name does not mean the beneficial owner always matches the buyer. If a third party provides the money, or if you are acting on behalf of someone else, that has to be identified.
When to put the file together: before you reserve
A purchase in Uruguay usually starts with a reservation agreement and, depending on the features of the transaction, may include a promise of sale before the deed.
What effect the reservation has —whether or not it takes the property off the market, and on what terms— depends on the seller accepting it and on what the parties agree. The promise of sale sets deadlines and, depending on how it is drafted, may provide for consequences if the buyer does not make it to the deed.
The full path, from the search to the signing, is covered in How to buy an apartment in Uruguay: step-by-step guide, and what you need to budget beyond the price, in Costs of buying property in Uruguay.
The structural problem with putting the file together late is one of timing: asking an exchange for a complete history can take weeks, and reconstructing old transactions takes longer, while the promise of sale deadline runs all the same.
If you have to ask the seller for an extension, whoever needs it loses negotiating position against whoever does not.
What you can get ahead of before choosing the property, and which does not depend on which one it is:
- Choose a notary, with one specific criterion: someone who has already handled transactions with digital source of funds.
- Show them what you have and let them tell you what is missing, while no deadlines are running yet.
- Ask the exchange for the complete history and any certificates it issues.
- Open or activate the bank account the money will go through.
- If you are buying through a company, have the corporate documentation and, if the entity is required to file, the beneficial owner statement up to date.
All five steps can be done without having seen a single property.
If you are looking at property under construction, the timelines and the payment structure work differently: that is covered in Buying off-plan in Punta del Este.
Issues worth spotting before you commit to a timeline
The regulations and the SENACLAFT guidance point to several situations that can call for extra documentation or slow down the review:
- A gap in the chain. The money shows up in the bank account and there is no way to show where it came from before that.
- Names that do not match across the exchange, the bank account and the person signing. This is not prohibited, but the relationship and the source of the contribution have to be documented.
- Exchange delays. The transaction history exists, but it arrives after the date set for signing the deed.
- A self-custodied wallet with no evidence of control, where the address cannot be linked to the buyer.
- Incomplete corporate documentation, or a missing ultimate beneficial owner filing when the entity is required to register.
- Tax compliance not evidenced, in cases that call for enhanced due diligence.
- Third parties or foreign accounts involved without a reasonable explanation. The SENACLAFT guidance for notaries flags the "Use of third parties, of foreign accounts, or of persons or entities from countries identified as high-risk jurisdictions to send or receive funds on behalf of the buyer or the seller." It can be explained, but you have to get ahead of it.
A separate point, unrelated to source of funds but relevant to remote transactions: always verify who you are transferring money to and through which channel. We cover this in Remote real estate scams in Punta del Este.
Where INGAR fits in and where it does not
We coordinate the real estate side: the search, the negotiation, the reservation, the property documentation and the coordination with the notary you choose.
INGAR does not hold funds, does not exchange virtual assets and does not convert crypto assets into traditional currency. As a real estate agency and a regulated entity, it carries out the due diligence that falls to it and requests the information needed on the source of the funds.
The notary handling the transaction runs their own assessment and decides what documentation they need in order to take part in it. These are two independent reviews: ours does not replace theirs, and theirs does not replace ours.
That is why we say this at the start and not at the end: this is settled by a notary who understands digital source of funds, and it is better to have one before you place a reservation, not after. If you already have one, we work with them. If not, we can put options in front of you and you decide.
For what a notary does in a purchase and sale and how their fees are structured, see here.
Frequently asked questions
Is it legal to buy property in Uruguay with money that comes from crypto assets?
Yes. No rule prohibits it. What does exist is an obligation on the real estate agency and the notary to obtain a reasonable explanation of the lawful origin of the funds, and to apply enhanced due diligence when virtual assets are used in the transaction.
Can I pay the seller directly in bitcoin or USDT?
That depends on whether the seller accepts it and on how the deal is structured. Crypto assets such as Bitcoin are not legal tender in Uruguay, and the legal classification of each asset has to be analyzed case by case.
The DGI, in Consulta Tributaria N° 6.419 of 2021, held that handing over a property in exchange for cryptocurrency is a barter and not a sale, because "there will be no payment in money, given that cryptocurrency is not money". It is a conversation to have before making an offer.
I sold my crypto months ago and I am paying entirely by bank transfer. Will they still ask me for all this?
They will ask you to document the origin of the funds, yes.
The SENACLAFT guidance does not expressly clarify whether the mere fact that the capital comes from an earlier sale of crypto assets in itself triggers enhanced due diligence. The specific treatment has to be defined by each obliged entity according to the characteristics and the risk of the transaction.
Can I send Bitcoin or USDT directly to a Uruguayan bank so it converts them into dollars?
We did not find that the main Uruguayan banks publicly offer a retail service in which a client transfers crypto assets to them and the bank converts them. The usual route is for the conversion to be handled by an exchange or a specialized provider, with the bank receiving fiat currency afterwards.
Which Uruguayan bank accepts money coming from cryptocurrency?
We did not find a public list guaranteeing acceptance of funds coming from particular exchanges or assets. The answer depends on the client, the amount, the provider used, the jurisdiction of origin, the documentation available and each bank's risk policy. For a specific transaction you need to get the bank's answer before transferring, not after.
I hold USDT or bitcoin. Can I convert them into dollars in Uruguay?
There are providers that offer that service. Cryptotrust, for example, advertises an OTC Exchange service for verified clients with fiat/crypto operations and cash-outs. Availability, costs, required documentation and the provider's regulatory status have to be verified at the time of operating.
Can I sell my cryptocurrency on an international exchange and send the dollars to Uruguay?
Binance offers USD withdrawals by SWIFT transfer to verified bank accounts, subject to the jurisdiction and the account profile. Before using that route for a purchase, it is also worth confirming that the receiving bank is willing to accept the transfer and what documentation it will require about the origin of the funds.
Is it worth using an OTC service to buy a property?
For large amounts it is an option worth evaluating: it allows the transaction to be coordinated directly and usually leaves clear documentation of the execution and the conversion. It does not remove the controls of the bank, the notary or the real estate agency, but it brings order to the conversion leg.
What should I do before selling the crypto?
Show the whole transaction to the notary and to the bank that will receive the funds. Ideally you should be able to say: I hold these assets, they are in this account or wallet, this is how I acquired them, I am going to convert them with this provider, the dollars leave this institution and arrive in this account in my name to pay for this property. The sooner that chain can be reconstructed, the less is left to resolve once the deadlines start running.
How long does it take to put the documentation together?
There is no published deadline, and it depends almost entirely on how your exchange responds and how old the transactions are.
Are they going to treat me as a suspect?
That is not the framework. The real estate agency and the notary comply with their own legal obligations, which apply to every client; Decreto 379/018 says so for the real estate sector: due diligence is carried out "in all cases, regardless of the amount of the transaction". Being asked for documentation is not a judgment about you.
Is a report from a blockchain analytics firm useful?
It can help as an additional element, especially with self-custody wallets. No Uruguayan rule requires it or regulates it, so its value depends on the judgment of the professional involved.
Does the cash-use limit affect me?
Only if you are going to pay part of the price in banknotes. Article 35 of Ley 19.210 defines cash as "paper money and metallic coin, whether national or foreign", and a transfer of virtual assets is not a cash payment for those purposes.
Do I need a Uruguayan bank account?
It is not essential for the account to be Uruguayan. If the price is paid by bank transfer, using an account in the buyer's name makes traceability easier. A payment from a third party's account is not necessarily prohibited, but it must be disclosed and justified in advance.
What about taxes on crypto gains?
That is not the subject of this article. It is a question for a tax adviser, and it is worth asking in parallel, because if enhanced due diligence applies you will be asked for a statement about your tax compliance anyway.
Sources
All consulted or last verified on September 9, 2026.
Regulations
- IMPO, Ley N° 19.574, article 13 — non-financial obliged entities, as amended by Ley 20.469
- IMPO, Ley N° 19.574, article 19 — enhanced due diligence and anonymity-enhancing technologies
- IMPO, Ley N° 20.469 — published in the Official Gazette on 10/04/2026; amends articles 1, 6, 10, 11, 13, 17, 24, 25, 27, 28, 29, 33, 34, 36, 41, 43, 44, 48, 51, 52, 52 bis, 54, 62, 63, 64, 68, 70, 71, 75 and 76 of Ley 19.574 and adds article 33-BIS
- IMPO, Decreto N° 379/018, article 30 — due diligence in all cases, real estate sector
- IMPO, Decreto N° 379/018, article 32 — standard due diligence, real estate sector
- IMPO, Decreto N° 379/018, article 34 — enhanced due diligence, real estate sector
- IMPO, Decreto N° 379/018, article 44 — lawyers, notaries and accountants sector
- IMPO, Decreto N° 379/018, article 46 — enhanced due diligence, notaries sector
- IMPO, Ley N° 19.210, article 35 — limits on the use of cash, as amended by Ley 20.469
- IMPO, Ley N° 19.484, article 22 — definition of beneficial owner
- IMPO, Ley N° 20.345 — authorizes the BCU to regulate virtual asset service providers
Market
- Búsqueda, A property was sold using crypto assets as the main means of payment, with a local bank as the channel — 17/07/2024; the USD 500,000 transaction, the on ramp through Banque Heritage, Cryptotrust as payment facilitator and the classification as a sale
- Cryptotrust, company website — OTC fiat/crypto exchange service and cash-outs for verified clients
- Binance, How to Withdraw Fiat via Bank Transfer — USD withdrawals by SWIFT, subject to jurisdiction and eligibility
Government bodies
- DGI, Consulta Tributaria N° 6.419 — 12/08/2021; exchange of real property for an intangible movable asset
- SENACLAFT, Guide for Non-Financial Obliged Entities on the Use of Virtual Assets. Risk Signs and Indicators — May 2024
- SENACLAFT, Typologies and risk indicators for the notaries sector — June 2023
- SENACLAFT, Ley 20.469 dated 19/03/2026
- BCU, The BCU approves regulations for virtual asset service providers — announcement of 22/07/2026, on Circular N° 2.507 of 16/07/2026: the regime for virtual asset service providers, with applications open from 01/09/2026 and a deadline of 31/03/2027 for those already operating
This article is informational and describes obligations published in Uruguayan regulations and official guidance as of the consultation date. It does not replace notarial, legal or tax advice on your specific case. The real estate agency and the notary are independent obliged entities: each one carries out its own assessment of the source of funds and determines what documentation it needs.
Authorship and editorial responsibility
INGAR Negocios Inmobiliarios prepared this guide and keeps it up to date based on Uruguayan regulations and official sources.