Property management
The INGAR department that runs your rental when you can't: rent collection, taxes with the DGI and on the property itself, rent adjustments and end-of-lease.
A department, not a favor
INGAR has a dedicated team for rental management, serving investor owners and owners who live outside Uruguay. Once the tenant is selected and the lease is signed, the day-to-day relationship with the property becomes ours: the owner stops dealing with the tenant, with the DGI (the tax authority) and with the bodies that collect the property taxes.
What it covers, service by service
Tenant selection and guarantee
We assess each candidate's guarantee, draft the lease and the inventory, and process the applicable guarantee (Contaduría General de la Nación, ANDA, private insurers or others).
Rent collection
We collect the rent every month and deposit the net amount into the bank account the owner designates.
Withholding and paying rental income tax to the DGI
We withhold and pay the tax on rental income: IRPF if the owner is a Uruguayan tax resident, IRNR if not. The owner does not have to file it, from Uruguay or from abroad.
Paying the property's taxes and charges
Contribución Inmobiliaria (municipal property tax), the Primary Education tax and the building's reserve fund, charged against the rent collected.
Filing for exemptions
Where the unit qualifies — for instance in projects with Vivienda Promovida (housing-incentive) benefits — we file for the applicable rental income tax exemption.
Rent adjustments
We apply the annual adjustments, or whichever the lease sets, on the agreed date and with the agreed index.
End of lease
Inventory review against the handover condition, and collection of the keys once the lease ends.
If you don't live in Uruguay
Management is designed, among others, for the owner who bought as an investment and is not in the country. Concretely:
- Rent is collected in Uruguay and deposited into the bank account you designate.
- Rental income tax (IRNR for non-residents) is withheld and paid here: you do not have to deal with the DGI from abroad.
- The property's taxes — Contribución Inmobiliaria and the Primary Education tax — are paid on time, charged against the rent collected.
- Owning and renting out property in Uruguay requires no residency, visa or special permit.
- We work in Spanish, English and Portuguese.
Frequently asked questions
Who pays the Contribución Inmobiliaria and the Primary Education tax when I rent out my property?
They are the owner's charges, not the tenant's. If the unit is managed by INGAR, we pay them on time, charged against the rent collected, and they appear in the owner's statement.
What tax does an owner who lives outside Uruguay pay on rental income?
A non-resident owner is subject to IRNR on rental income. There are two routes: a withholding on gross rent treated as final, or the general assessment on net income with the tax deductions expressly admitted; which one is better depends on each owner's deductible expenses. If the owner is a Uruguayan tax resident, the tax is IRPF instead. In both cases, if the unit is under management, INGAR withholds and pays.
Can I own and rent out a property in Uruguay if I live abroad?
Yes. Uruguay requires no residency, visa or special permit to buy a property or to rent it out. Property management exists precisely so that a non-resident owner does not need to be in the country to collect rent, pay taxes and keep the lease running.
What happens with taxes if the unit has Vivienda Promovida benefits?
Projects under Law 18.795 may have the rental income tax exempted for up to 10 years, along with other benefits. It is not enough for the listing to say “Law 18.795”: the exemption is verified for that unit, that project and that lease, and it has a specific start and end date. Where applicable, we file for it.
Do you have a property to rent out?
Tell us where the unit is and whether you live in Uruguay or abroad, and we will walk you through how management would work in your case.