How and Why to Invest in Chile in 2024?

Chile is shining bright in South America, boasting an impressive projected GDP growth of 22% in 2024 and a stable trajectory for the years ahead. This economic strength, coupled with a business-friendly environment, makes Chile a prime destination for investors seeking new opportunities.

Why Invest in Chile?

Here are just a few reasons why Chile should be on your investment radar:

• Soaring Economy: Chile's projected GDP growth significantly outpaces the regional average, signifying a resilient and thriving economy.
• Investment Boom: Public and private investments are expected to surge in 2024, creating a wealth of opportunities across various sectors like infrastructure, energy, and technology.
• Global Access: Over 20 free trade agreements grant Chilean businesses preferential access to major markets like the US, EU and Asia, benefiting both exporters and importers.
• Renewable Energy Leader: Government incentives and abundant resources position Chile as a frontrunner in renewable energy generation, presenting exciting prospects in solar, wind, and geothermal projects.
• Tech Hub on the Rise: Santiago is rapidly emerging as a Latin American tech hub, attracting tech giants and boasting a skilled workforce, making it a hotbed for technology investments.
• Favorable Tax Environment: With a corporate tax rate of 27%, one of the lowest in the region, Chile offers an attractive tax structure for businesses.
• Seamless Logistics: A well-developed network of modern ports, highways, and airports facilitates efficient logistics and operations within Chile.

How to Invest in Chile?

Investing in Chile is a straightforward process. Here's a step-by-step guide to get you started:

Registration

Obtain a Unique tax identification number and file a sworn declaration of activities with the Internal Revenue Service. This enables you to perform business activities and claim tax credits.

Choose Your Investment Vehicle

Chile offers various investment options to suit your preferences:

• Mutual Funds: Pool your money with others for diversified investments across different countries, sectors, and currencies.
• ETFs (Exchange-Traded Funds): Invest in a basket of underlying assets like stocks or bonds that trade like individual stocks on the stock exchange. ETFs offer instant diversification and are bought and sold throughout the day.
• Stocks: Directly invest in Chilean companies by purchasing shares on the Santiago Stock Exchange (SSE).
• Real Estate Investment Funds: Gain exposure to the real estate market without directly buying properties. These funds invest in income-generating real estate assets and offer a way to participate in the market with lower risk.

Ready to Take the Next Step?

If you're interested in learning more about the Chilean financial market and exploring investment opportunities, contact us today. Our team of experts can guide you towards investments that align with your profile and help you conquer new markets in Chile.