English
中文Chile
Investor/Entrepreneur/Trader Visa (Inversionista/Empresario/Comerciante) Residencies Plan of Chile (South America)
Investor/Entrepreneur/Trader Visa (Inversionista/Empresario/Comerciante)
There are no officially specific investment or business requirements. Usually this visa is obtained by investing in Chilean stocks or setting up a company with substantial economic activity in the country. Dependents such as spouse, children and parents may be included.
The temporary residence visa will allow you to live one year within the country and apply for a work permit.
After one year you may apply for a permanent residency permit, provided that you still keep the investment or business, you have spent at least 185 days within the country in a year and you have paid taxes. When applying for a permanent visa you must attach to your application a letter stating why you want to become a Chilean permanent resident and your ties with the country.
The permanent residence permit has a validity of 5 years, renewable. After 5 years of residency (including temporary visa), you may be eligible for citizenship. The process of obtaining citizenship takes about 2 years. You will be required to attend an interview, have a good level of Spanish skills and knowledge of Chilean culture, traditions, values and history.
Requirements
If you intend to invest or set up a business:
- Business plan or Investment plan.
- If the capital has been transferred to Chile, prove through bank or customs documentation or any document which demonstrates that you have capital in Chile which will allow you to make the declared investment and that you possess means to support yourself and your dependents in the country.
- If the capital has not been transferred to Chile, prove, by means of any suitable document in your name, that you have capital abroad that will allow you to make the declared investment and that you possess means to support yourself and your dependents in the country.
If you have already invested or started a business:
- Demonstrate transfer of capital to the country, corresponding to the money contributed to the company by the person applying for residence.
- If the capital has been transferred to Chile, prove through bank or customs documentation, or any document that demonstrates you have capital in Chile, which will allow you to make the declared investment and that you possess means to support yourself and your dependents in the country.
- If the capital has not been transferred to Chile, prove by means of any suitable document in your name that you have capital abroad that will allow you to make the declared investment and that you possess means to support yourself and your dependents in the country.
- Deed of the constitution of the society and later modifications.
- Initiation of activities of the Internal Revenue Service (S.I.I.) and declaration of the modifications of the company in this organization.
- Proof of payment of municipal taxes.
- Contract of lease, sale or deeds of property, which support the development of the project.
- Invoices of purchases and / or sales.
- Last Balance Sheet or Pre-Balance by the Counter.
- Last Statement of Income Tax (if applicable).
- Payment of VAT for the last three months.
- Payroll of contracted workers, with their respective historical certificates of social security payments.
- To accredit the authorization of the competent authorities to carry out the economic activity in the determined zone.
Restricted Nationalities
No nationality is officially restricted
dual citizenship
Dual citizenship is recognized in Chile. You are not required to renounce your previous nationality to become a citizen of Chile.
Documents Required
- Certified copy of passport
- One passport-size photo
- Proof of income
- Documents certifying Business Investment
- Proof of net wealth
- Certified copy of Business License or Incorporation documents (if applicable)
- Real estate sales and purchase agreement
- Financial Statement
- Proof of V.A.T. payment (if applicable)
- Employee payroll (if applicable)
- Original or Certified copy of Marriage Certificate (if applicable)
- Original or Certified copy of Birth Certificate (if applicable)
- Affidavit of support for Dependents
- Tourism card
- dual citizenship Yes
- Family members included Yes
- land ownership Yes
- Physical residence required Yes
- Personal visit required No
- Language skills required No
- Interview required No
- Investment Single -
- Investment Family 4 -
- Minimum annual income -
- Time to citizenship 60
- Time to permanent residency 12
- Visa-free countries 157
- Financing available No
Chile
The Republic of Chile is a state in South America occupying a long, narrow strip between the coast of the Pacific Ocean and the Andes. It borders Peru to the north, Bolivia to the northeast, Argentina to the east, the Pacific Ocean to the west and the Drake Passage to the south. It has a population of more than 17 million inhabitants and its capital and most populated city is Santiago. Its official language is Spanish and its official currency is the Chilean Peso.
- National Flag of:Chile
- Currency:CLP
- Area Code:56
- Capital:Santiago
- Continent:South America
- Native Languages:Spanish
- Population:16,746,491
BENIFITS
With your new passport from Chile you'll be able to access 157 countries visa free
citizenship benefits Visa-free or Visa on arrival to 157 countries including United States Russia Schengen Area The right to live and work in Chile at all times and all the rights associated with membership of the Mercosur Access to educational and healthcare benefits Visa-free access to the United States Get one of the most valuable passport worldwide Visa-free access to Russia permanent residency benefits Travel visa-free across Mercosur Access to healthcare and education system The right to live and work in Chile without any time limit Be eligible for citizenship in a short period of time Fast and easy process temporary residency benefits Peaceful democratic and politically stable country Warm climate High quality of life Low cost of living Be eligible for permanent residency in a short period of time Fast and easy process Potentially profitable investment Set up a profitable businessFEES
| ITEM | AMOUNT |
|---|---|
| total fees main applicant | $17 - $1388 (Depends on nationality of applicant) |
| processing fees spouse | $17 - $1388 (Depends on nationality of applicant) |
| total fees spouse | $17 - $1388 (Depends on nationality of applicant) |
| processing fees dependents -18 | $17 - $1388 (Depends on nationality of applicant) |
| total fees dependent -18 | $17 - $1388 (Depends on nationality of applicant) |
| processing fees dependents 18-25 | $17 - $1388 (Depends on nationality of applicant) |
| total fees dependent 18-25 | $17 - $1388 (Depends on nationality of applicant) |
| processing fees dependents +65 | $17 - $1388 (Depends on nationality of applicant) |
| total fees dependent +65 | $17 - $1388 (Depends on nationality of applicant) |
TAXES
To be a tax resident in Chile you must spend 6 consecutive months in the country in a year, or 6 non-consecutive months per year during 2 years.
Tax residents are subject to personal income tax on their worldwide income, and non-residents are taxed on their Chilean-source income.
However, non-Chilean nationals are taxed only in their Chilean-source income during their first three years of residency, and a three-year extension of foreign-source income exemption may be requested.
In Chile income is taxed separately depending on its nature. Employment income tax is paid monthly at progressive tax rates of up to 40% on income exceeding CLP 6,934,350.01 per month. Investment income, capital gains and business profits are subject to the Global Complementary Tax, which is also progressive up to 35%.
Controlled foreign companies (CFC) rules in Chile require resident taxpayers to include in their taxable income certain types of passive income earned by foreign companies, which hold 50% or more of capital, profits or voting rights, whether income is distributed or not.
Real property tax is levied on rural and non-rural properties at 1% and 1.2%, respectively. There is an inheritance tax. There are no taxes levied on net worth and on the transfer of assets.
The V.A.T. standard rate is 19%. Certain goods and services may be exempted or taxed at lower rates.
Regarding corporate taxation, resident entities are subject to tax on their worldwide income at a 25.5% rate (27% in 2018). To learn more about Chilean corporate taxation, legal framework and tax treaties, check out incorporations.io/chile.
| TAX ITEM | DESCRIPTION |
|---|---|
| Property tax | Yes |
| Transfer tax | No |
| Inheritance tax | Yes |
| Net worth tax | No |
| CFC law | Yes |
| Tax residency days | 183 |
| Personal income tax rate | 35% |
| Capital Gains tax rate | 35% |
| Investment income tax rate | 35% |
| Territorial taxation | Yes |
Chile immigration, Chile start-up investment visa, Chile investment immigration, Chile self-employed immigration, Chile entrepreneurs visa, Chile golden visa, Chile real estate immigration, Chile bank deposit immigration, Chile active business investment, Chile bonds immigration, Chile entrepreneurship immigration, Chile pension immigration, Chile proof of income immigration, Chile Passive Income immigration, Chile Private equity immigration, Chile Venture capital immigration, Chile second citizenship, Chile visa, Chile citizenship, Chile RESIDENCY, Chile education, Chile Citizenship by investment, Chile Residency by investment, Chile Immigration by investment, Chile Rural and Northern Immigration Pilot,
