South American Real Estate News
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Chile’s new foreign investment law

CHILES NEW FOREIGN INVESTMENT LAW On January 1, 2016 Law No. 20,848 which sets forth a new legal framework for foreign direct investment in Chile (the “New Foreign Investment Law”) was enacted. The New Law also regulates the effects of contracts entered into during the term of Decree Law No. 600 of 1974 (“DL 600”), in order to guarantee the full validity…