The 50 most frequently asked questions about investing in Chile
January 2012
Paper prepared on the occasion of the Forum of Investment and Business Cooperation held in November 2011 in Santiago de Chile and responds to frequently asked questions that investors make when investing in Chile.
Over the past 20 years, Chile has pursued a successful international integration process, especially in the commercial area, with signed agreements with 57 countries representing 90% of global GDP. In the region, Chile has signed Economic Complementarity Agreements with MERCOSUR, Bolivia, Ecuador and Venezuela, has signed Free Trade Agreements (FTA) with the United States, Canada, Central America, Peru, Colombia, Mexico and Panama, as well as an Agreement Partial with Cuba.
In Europe, are in effect an FTA with the EFTA and Chile Association Agreement with the European Union, the most comprehensive and innovative agreement of its kind signed by the EU and Chile. In 2009 he entered
force the FTA with Australia and in 2011 with Turkey. Additionally, Chile and Spain have signed a BIT and an Agreement for the Avoidance of Double Taxation, which came into force in March 1994 and January 2004 respectively.
Chile's average tariff for products imported from the EU is 0.7%. In 2010, 95% of Spanish exports to Chile did not pay fee. The growing trade integration of Chile
opens new opportunities for foreign investment in the country and increase its comparative advantage in other markets.
Favorable environment for business. Chile's environment for business is characterized by:
Country risk, medium-low;
Free movement of capital;
Facilities for the transit of persons;
Legal framework for foreign investment stable, transparent and non-discriminatory;
Reduced development costs;
Working environment and favorable tax;
Provision of adequate infrastructure and communications and increasing in quantity and quality;
In Europe, are in effect an FTA with the EFTA and Chile Association Agreement with the European Union, the most comprehensive and innovative agreement of its kind signed by the EU and Chile. In 2009 he entered
force the FTA with Australia and in 2011 with Turkey. Additionally, Chile and Spain have signed a BIT and an Agreement for the Avoidance of Double Taxation, which came into force in March 1994 and January 2004 respectively.
Chile's average tariff for products imported from the EU is 0.7%. In 2010, 95% of Spanish exports to Chile did not pay fee. The growing trade integration of Chile
opens new opportunities for foreign investment in the country and increase its comparative advantage in other markets.
Favorable environment for business. Chile's environment for business is characterized by:
Country risk, medium-low;
Free movement of capital;
Facilities for the transit of persons;
Legal framework for foreign investment stable, transparent and non-discriminatory;
Reduced development costs;
Working environment and favorable tax;
Provision of adequate infrastructure and communications and increasing in quantity and quality;
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