Uruguay has published Decree No. 353/25, which essentially consolidates, extends, and revises the incentive regimes for housing, previously governed by Decree No. 329/016 of 2016, and for building construction and urbanization, previously governed by Decree No. 138/020 of 2020. The incentives are provided within the framework established by Law No. 16.906 of 1998. The incentives are meant to promote construction activities for the sale or lease of real estate intended for offices and/or hous…