Obtaining Chilean citizenship by investment has become an increasingly popular option for global investors and entrepreneurs. Chile boasts a robust economy, business-friendly policies, and stunning natural landscapes. This article provides a comprehensive overview of the investment cost, financial requirements, and fees associated with securing Chilean citizenship under the country’s investor visa program.
Basic eligibility criteria for Chile’s investor visa
The main eligibility criteria are: 1) Making a capital investment of at least $200,000 in Chile over a 5-year residency period; 2) Showing proven business experience and sufficient net worth; 3) Passing thorough background checks; 4) Fulfilling minimum stay requirements in Chile.
Investment options to obtain residency and citizenship
Investors can choose from various investment options, including buying real estate, establishing a business, or participating in private equity funds targeted at Chilean companies. Each option has specific capital requirements starting from $200,000.
Fees for main applicant and dependents
The Chilean investor visa application fee for main applicant is around $540. Dependent spouse and children under 18 years old pay approximately $160 per person. Other fees include document processing, medical checks, translations etc.
Taxes and mandatory investment costs
In addition to the direct visa and application fees, investors need to factor in capital gains taxes on property purchases, mandatory pension payments, incorporation costs if setting up a business, and living expenditures.
In summary, investors need around $200,000 to $300,000 minimum eligible capital to launch the application process for Chile’s investor visa program. Total costs depend on family size, chosen investment option, residency period, and taxes.