Well, Uruguay has some disadvantages (a terrible bureaucracy, high prices on imports, regulations make it almost impossible to start a profitable small business), but on the whole it keeps getting better and better. A new Conservative government that refused (against huge pressure from the communists, the WHO, the UN, and media) to institute a lockdown, increasingly cosmopolitan, good internet connections (including for business), real estate is still very cheap, and of course all the things that it always had that were good (the people, semi-decent weather with about 6 months of serious warmth and only about 2 of real cold, the MEAT and all the food in general, a culture that is relatively educated and european in style but very culturally-libertarian and tolerant, beaches if you're into that, etc). Plus, lots of gamers!
As long as you don't need to try to get a job or start a local business here (but rather can work online internationally, or live on a fixed income, or you plan to engage in real estate as your business), this is a great place to live.