South American Real Estate News
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New Immigration Reform in Chile

In April of this year, President Sebastián Piñera announced a new immigration reform. Piñera asserted that Chile will continue to be a country which welcomes immigrants with open arms. However, Piñera stated that due to a large number of immigrants entering the country recently, Chile needs an immigration reform that addresses the current situation providing adequate mechanisms and procedures which will allow a desirable management of the actual contingency. At the moment Chile counts over 1 million immigrants,…

Why Potential Investors in Chile should not use the Investor Visa

The “Investor Visa” in Chile although easy to obtain in the first year is much more difficult to keep in the second year. With the investor visa you are essentially making the Chilean department of immigration your business partner in Chile. First, to apply for an investor visa in Chile you must submit a business plan along with documentation related to things such as financing, incorporation plans, possibly any partnerships, and so on. This normally increases dramatically upfront cost required and time…