Chilean Agricultural in 2023

image of a Chilean Vineyard
Introduction Chilean agriculture is a diverse and dynamic sector that has grown rapidly over the past few decades. The country has an ideal climate for producing various crops, including fruits, vegetables, wine grapes and other specialty products like olives and nuts. It also boasts some of the most fertile land in South America, which is located along Chile’s narrow coastal strip between two mountain ranges (the Andes Mountains on one side and Patagonia on the other).Chilean farmers produce more than…

“Chile’s Real Estate Market Expected to Reach USD 11.55 Billion in 2023: 4.10% CAGR Growth Predicted for 2023-2028”

In recent years, the real estate market in Chile has experienced significant growth and is expected to continue its upward trend until 2023-2028. Market analysis shows that the real estate market in Chile reached a value of USD 11.55 billion in 2023. Additionally, the market is predicted to have a steady compound annual growth rate (CAGR) of 4.10% throughout the forecast period. The Chilean government has initiated this growth by introducing new regulations and policies. For instance, in 2019, the government…

Investing in Chile’s Patagonia: A Wise Move for those looking for a bolt hole from the Northern Hemispheres Instability

Investing in Chile’s Patagonia can be exciting for those interested in sustainable tourism, renewable energy, and conservation efforts. Patagonia is a region of Chile located in the southernmost part of the country, known for its pristine wilderness, stunning landscapes, and diverse wildlife. It is a perfect investment opportunity for those concerned about the unstable political situation in the United States and Europe and for traditional estate investors. The region is known for its natural beauty,…

Water Rights that Affect Chilean Agriculture

Water rights can be complicated when looking for an agricultural property for sale or lease in Chile. The most crucial issue is that you don’t automatically own the water on or under your property. So you could have a river the size of the Rio Plata running through your farm in Chile, but unless you own water rights from that river or canal, you’re not legally entitled to use any of its water. Having said that, Chile has one of the largest reserves of water in the world, so there is lots of it, but not…

Chilean Agro Businesses are very diverse

Chilean Agriculture Chile is a leading producer and exporter of some of the world’s finest fruits, berries, vegetables, fish, shellfish, poultry, meats, and its premium wines.  Chile is the world’s largest exporter of fresh grapes (29%), plums (23%), and fresh fish fillets (22%); second largest exporter of frozen pacific salmon (30%), avocados (16%), and other frozen fish (10%). Chile is the fifth largest exporter in the world of wine (5%) and frozen pork meat (5%). [Source: Chilean International Economic…

Better News for Chile’s Investors

The Republican Party of the “centre-right” has emerged victorious in the election to determine the members of the body responsible for drafting Chile’s new constitution. The Republican Party secured 22 of the 51 seats, with right-wing parties obtaining the remaining 11 seats. This constitutional assembly is to create a new constitution to supersede the one instituted during the military rule of General Augusto Pinochet. Last year, a referendum rejected a draft proposed by a previous assembly.…

Chile Investors need a RUT Tax Number

Chile Investors need a RUT Tax Number  There are two types of numbers commonly referred to as a “RUT” in Chile. A temporary RUT for foreigners is only a tax payer ID number. Another type of “RUT” (sometimes called RUN) is for Chilean citizens and Chilean Residents. The permanent RUT for citizens and national is a national ID number, similar to a Social Security Number in the United States, and is used for passports, tax issues, ID, and many other things. Companies are also issued “RUT” numbers…

Chile leads Latin America in global competitiveness

Chile’s National Evaluation and Productivity Commission will conduct a new study to assess priority sectoral permits for investment in order to propose substantial improvements in their efficiency, predictability, and stability. The National Evaluation and Productivity Commission (CNEP) received a new mandate from the Government of Chile to analyze priority sectoral permits for investment, identify barriers in the process, and propose efficiency, predictability, and stability improvements. This study aims…

Investing in agriculture for 2023

Hardy investors are seeking new ways to grow their money. IN THE next 40 years, humans will need to produce more food than they did in the previous 10,000 put together. But with sprawling cities gobbling up arable land, agricultural productivity gains decreasing, and demand for biofuels increasing, supply is not keeping up with demand. Clever farmers, scientists and entrepreneurs are bursting with ideas. But they need money to make this jump. Financiers more often found buying and selling companies have cottoned…

Why buy farmland in Chile in 2024?

We have written before about why investments in agriculture seem like a no-brainer, given the fundamentals of supply and demand. Owning farmland can be comparable to owning physical gold, but it also gives you a good income. Thus you should buy as much of it as possible if the price is right. Farm soils in Chile are incredibly fertile, and the price is right.  Highly dairy farms or productive farmland run between USD 12,000 and USD 17,000 per hectare. By comparison, farmland in New Zealand can cost USD 22,000…

Agribusiness opportunities in South America’s emerging markets

Precios de la tierra agrícola actualizados 2016
If you are looking for portfolio diversification using farmland, we can show you very practical options for mid-sized and larger investors. GTSA  offers options for direct and indirect opportunities for farmland ownership in emerging economies such as Paraguay, Uruguay and Peru. Farmland is an attractive long-term investment that offers current income, capital appreciation, an inflation hedge and favourable diversification that is negatively correlated with traditional asset classes such as equities. We believe…

Chile’s economic success was no accident but is there change on the way ?

Chile has turned away from its earlier neo-liberal growth policies, described by many commentators as Chiles’s growth miracle. This year, Chile’s new leftwing government has been busy pacifying foreign investors who had worried about radical President Gabriel Boric’s expensive campaign promises. These concerns may have been overblown, as the fundaments remain the same, but we will see. The new government, however, believes it can lift spending by using tax reform to raise more revenue. Chile’s tax…

Foreign direct investment in Chile hit a record high in the first half of 2021 

The Chilean Central Bank has released a revised version of its preliminary figures, showing that FDI increased 66% compared to the first half of 2020 to reach US$13.7 billion. This is an all-time high for the January-June period and is 98% above the historic average (US$7 billion).   Foreign direct investment (FDI) is going through a particularly dynamic time in Chile. According to figures released by the Chilean Central Bank, which revise a prior report issued on August 9th, the cumulative net FDI inflow…

Chile’s drive to reinvigorate the agricultural co-operative economy continues

‘We have a very demanding international market in terms of volume and quality, and for that small farmers have to unite in co-operatives’ Chile’s agriculture minister Antonio Walker has announced a meeting of Congress in October to explore “the best legislation to reinvigorate modern co-operatives in Chile”. Speaking at a special session on co-operatives, organised by the senator of the Los Ríos region, Alfonso de Urresti, the minister said: “Co-operatives represent the most important…

Zespri and Chilean ag ministry discuss Kiwifruit cooperation

A meeting was held last week between New Zealand kiwifruit marketer Zespri and the Chilean Agriculture Ministry, during which opportunities for cooperation were discussed. Zespri representatives travelled to Chile and met with the South American country’s Agriculture Minister Antonio Walker, local media El Mercurio [in Spanish] reported. New Zealand and Chile are major rivals in the kiwifruit industry and have been at odds with each other for many years. “We committed to work toward achieving homologous…
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