Javier Vigo

Javier Vigo is the president of Pilay Uruguay, a prominent investment firm, who has recently emphasized the need to rethink how investment profitability is measured in Uruguay. He argues against the excessive reliance on the US dollar as a reference point for property transactions, advocating for transactions in the Uruguayan peso to better reflect the local economy and construction costs. Vigo believes that moving away from dollar-denominated sales could enhance the investment landscape and promote economic growth in the country.