He was in Montevideo to receive the accolade of best player in the Americas, awarded by the Uruguayan newspaper El Pais.
"I do not plan to go now, I have many things to do in Santos," he said when asked by reporters about European clubs that are trying to lure him.
"I have a contract until 2014 and I intend to stay until 2014," said the player who has scored 81 goals in 159 games. He renewed his contract in November for two more years.
Neymar was seen as one of the world's hottest transfer prospects, and has been linked to European powerhouses Manchester United, Chelsea, Barcelona and Real Madrid at various points in his burgeoning career.
Neymar, whose full name is Neymar da Silva Santos Jr, plays up front for Santos and the Brazilian national side.
Asked if he envisioned playing in Europe after the FIFA World Cup in Brazil in 2014, he said he was not sure.
"Everyone knows it's a dream to go play in Europe ... I don't know whether it will be in 2014 or later," he said.