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Getting a Work Visa in Chile Doesn’t Have to Be Difficult

Getting a Work Visa in Chile Doesn’t Have to Be Difficult

A work visa in Chile will give business executives access to one of the most stable economies in Latin America. Chile consistently ranks highly at an international level in terms of economic, political, and social development, and has a business environment that is welcoming to foreign investment. The country is an active promoter and participant in economic integration efforts globally, being a member of APEC, MERCOSUR, the Pacific Alliance, the Rio Group, and UNASUR. If you are thinking of starting a business in Chile, getting a work visa will likely be a crucial part of the process for yourself or a manager sent to oversee operations. But the process of getting a work visa in Chile doesn't have to be difficult if you have the help of a local trusted expert to guide you in the process. Applying for a work visa in Chile Get a work visa in Chile Foreign executives can request a work visa through a consulate located outside or within the country. Generally, the processing time for a work visa is up to three months if done outside the country. Within Chile, it can take longer. Note that the cost of applying for a work visa in Chile is approximately $580 (USD). Foreigners applying for a work visa to perform economic activities in the country must hold one of the following: An employment contract A temporary residence visaA student visaA tourist Visa Furthermore, applicants must submit the following documentation: Copy of passport, which must be valid for at least six monthsFour passport size photos (5x5 cm)A notarized letter from the company addressed to the respective...

Tips for Investing in Chile’s Real Estate Scene

Tips for Investing in Chile’s Real Estate Scene

A post-pandemic world presents countless opportunities across perhaps unfamiliar sectors, industries, and jurisdictions. Investing in Chile’s real estate scene has been recently developed into a great idea for foreigners looking to relocate to Chile. Here are key aspects and tips for investing in Chile’s real estate scene. Why buy real estate in Chile? Whether talking about Chile or another country, investing in real estate is always a great idea. Some of the benefits of buying real estate are: It considerably strengthens your retirement funds, general estate and overall lifestyle once you reach retirement age.Under normal circumstances, real estate will always hold and increase their value over time.It entails much less risk than stock, commodities, metals and general capital market instruments.Pre-sales and/or home auctions can be taken advantage of to maximize your investment.One does not need to be an expert and counselling is cheaper compared to other types of investments. Choose to invest in Chile’s real estate scene The timing is exactly right: Recent social upheavals and a global pandemic have decreased real estate prices across the board in Chile.Real estate will usually hold and increase their value over time.Great demand translates into lower prices.The national real estate market is currently undergoing a strong reactivation.A big, experienced, and liquid market for low price investment properties.Down payments are extremely reasonable alongside other payment benefits and flexibilities.General access to down to earth mortgages rates. Demand for rent is...

Entrepreneurship in Chile Favors Innovation and New Business

Entrepreneurship in Chile Favors Innovation and New Business

Entrepreneurship in Chile continues to develop, supported by government initiatives. According to the Global Entrepreneur Monitor (GEM), Chile is the most entrepreneurial country in the world, ahead of the US and India and alongside Guatemala. Many factors such as start-up funding, education, innovation system, and entrepreneurship environment contributed to Chile’s number one ranking. With a skilled workforce, a thriving entrepreneurship environment, solid macroeconomic fundamentals, and government support, Chile is the destination of choice  for innovative businesses seeking to incorporate a company in Latin America. Overview of entrepreneurship in Chile Entrepreneurship in Chile is on the rise. According to GEM 2018-2019 data, entrepreneurial activities grew from 13% in 2008 to 25.1% in 2018. In addition, Chile has a platform called “Create a Company in One Day” which has accounted for 386,310 new businesses between 2013-2018, with an average of 351 new business per day. Government measures, such as Create a Company in One Day are an example of Chile’s focus on driving entrepreneurship in the country.  Although not necessarily all companies survive in the market, the outstanding number of companies created over the past years are testament to the supportive environment for entrepreneurship in Chile. Skilled workforce Entrepreneurship in Chile is favored by the availability of a skilled workforce ready to contribute to innovation. In fact, at the 2018 international exam that measures students' knowledge in math, science, and reading, PISA (Programme for...

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