Inheritance and Wills in Chile

The primary order of inheritance in Chile after someone dies is that of surviving spouse, children, parents, grandparents, siblings, and cousins. This also includes the rights of spouses and children for their direct ascendant or decedent to inherit. You can give a certain percentage of your estate in a will to whomever you like. Still, for the most part, you can not avoid giving these family members with mandatory inheritor rights a portion of your estate by just drafting a will. There are certain exceptions…

Puerto Varas or Little Germany

Argentina
It could be a Little Germany Puerto Varas and its surrounding rolling farmland treat you to breathtaking views of valleys, vineyards, productive farms and, of course, the volcanoes. Most of you know that the most active volcano, the 6,500-foot Calbuco, erupted again after 50 years of inactivity. Fortunately for Chileans and unfortunately for Argentines, the Westerly winds blow most of the Ash over Argentina, leaving this beautiful town unaffected. Those villages closer to the epicentre are not so lucky. Strolling…

The Necessary Legal Steps to Buy Real Estate in Chile

The three major phases of any property purchase in Chile are negotiation and title search, contract signing or closing, and title registration and payment. Each particular property purchase may have many other considerations, and the timing of these stages may vary greatly; but, broadly, all properties in Chile will go through these three steps or the property purchase sooner or later, or it is not a legally valid or complete purchase. There is one additional phase that is generally optional but common. We…

The importance of bioceanic corridors for Chile

More than simply routes, bioceanic corridors are an engine for regional development and the key to Latin American integration. Through its strategic location and openness to global trade, Chile is driving ambitious connectivity projects. Bioceanic corridors have become crucial for Latin America’s socioeconomic, tourism, and environmental development. Since the Asunción Declaration in 2015, which prioritised developing the corridor between Porto Murtinho in Brazil and ports in northern Chile, these projects…

Entering South America – 7 Essential Tips to make your life easier

Our top tips are based on our experience assisting hundreds of companies enter the Latin American Region and are directly relevant to many of the legal and operating issues that you are likely to encounter. Understanding the different issues will be the difference between a successful entry and one that is filled with stress and problems.   Tailor your Company’s constitutional documents

 A company’s articles of association set out the formalities relating to the composition of the board of directors…

Chile’s Economy Forecasts for 2024

Chile has long been regarded as an example of transparency in Latin America, both in the political and financial realms. Over the past decade, Chile has been one of Latin America’s fastest-growing economies. This allowed the country to reduce poverty significantly. The World Bank estimates that COVID-19 could hurt the middle class in Chile, shrinking it by two million people and forcing new middle-class families back into poverty. Even though Chile’s GDP increased in 2022, it was slower than last…

Chile: The Gateway To Latin America For Australian Business

Chile is well known as a regional favourite for Australian businesses looking to make their first moves into the Latin American market. Though the region overall is showing signs of impressive growth and a number of regional powers are emerging, Chile remains a firm favourite for Australia’s ambitious companies. Strong bilateral connections, close geographic proximity and similar economic strengths make Chile an ideal destination for Australian entrepreneurs. Chile: A Top LATAM Investment Destination Chile…

Our View of the Latin American Real Estate Market in 2023/4

An improvement is expected in 2023 in the real estate indicators for the region, mainly the offices. Hybrid and plug and -play will continue to be the trend. There will also be an increase in stability and availability of rental properties, as well as a positive absorption. In the case of industry, there will be a continuation of healthy inertia along with an optimistic projection. According to the 2023 Outlook of the real estate markets, compiled by Newmark Latin America. This analysis highlights that Argentina,…

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We offer South American real estate investment opportunities in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay. We know buying South American Real Estate has specific rules for foreign citizens, rules we are familiar with and have worked with extensively. This is why we have created a programme to guide international buyers through purchasing real estate in South America, from finding properties for sale to helping clients comply with the required paperwork and legal procedures. South American News And…

10 Reasons Why You Should Invest In Chile

Company Formation Chile:  With Brazilian sunrays no longer outshining the rest of Latin America, real attention is now being paid to other emerging players in the region, such as Colombia, Peru, and Chile. Chile, in particular, is a very attractive destination to start a business. Strong economic and social policies in Chile have led to a reduction in poverty of 50% since the 1980s, with steady economic growth compared with the other Latin American countries. Chile continues to surge as a significant global…

GTSA Property Site uses the highest-ranked client communication system in the industry

Campaign Monitor ranked the best Email Marketing software. Software Review’s 2023 Email Marketing Data Quadrant report shows how Campaign Monitor excelled compared to Mailchimp, Constant Contact, Hubspot, and Klayvio. Our sponsoring property site Gateway to South America has used this software for over five years, mainly communicating with our clients interested in buying property in South America in English and Spanish but with some marketing in Portuguese. Having marketed in the South American marketplace…

Thinking of Selling Real Estate ? Here are the top 10 Real Estate Myths Debunked

Myth #1: The most successful real estate salespeople are born, not made. Fact: Incorrect. Yes, a good agent may have a tendency and inclination to be a savvier negotiator with better people skills, but these are things that can be learned and nurtured. Research shows that at a maximum, people are operating at 50% of capability, which means most human beings do not realise their potential*. Myth #2: Agents that write $1m in gross commission do a lot of cold calling. Fact: There is no evidence that 7 figure agents…

10 Mistakes many Real Estate investors make when starting off

Although this post is aimed at residential investors, it could apply to all real estate investor classes. Once the real estate market starts to recover, investing in property becomes an appealing option — either as a career or a great side job. Like any other endeavour, though, there’s a right and wrong way to go about it. Bankrate spoke with established, full-time real estate investors and professionals, such as bankers, to identify the traps into which real estate investors most often fall. 1. Planning…

CEO of GTSA gives six negotiating tips for foreign buyers

Geoffrey McRae, GTSA Real Estate Consultants CEO, outlines some basic negotiation skills that can help when approaching the sales process in a foreign country. Many foreign buyers are uncomfortable or inexperienced with the negotiation process in a country where they know little about the local customs.  While the vendor has their broker to negotiate for them, buyers are at their own mercy. ( the vendor’s broker will often also act as a buyer’s agent, which is the norm in most markets we cover,…

Chile is leading the way in Artificial Intelligence

The South American country stands out for its digital and data processing infrastructure, as well as the availability of technological devices, according to the Latin American Artificial Intelligence Index (ILIA).  Chile has demonstrated its leading position in artificial intelligence (AI) in the region, according to the first edition of the Latin American Artificial Intelligence Index (ILIA).  The index, produced by Chile’s National Center for Artificial Intelligence (CENIA) with the support…
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