Real Estate Business Opportunities in Chile
Home PageHome PageOverseas JobsLiving OverseasCountry ProfilesArticleseBooks For ExpatsOur MagazineOffshore InvestmentsTravelEncryped eMailInternational MarketplaceInternational Real EstateBoats Barges YachtsOverseas RetirementEmbassies
Offshore Real Estate and Investment Quarterly
< Index For This Issue >< Submit An Article >< Contact The Editor > Disclaimer Send This WebPage To A Friend!
..
Real Estate Business Opportunities in Chile
By Gary and Bonnie Paulsson
July 2006
Hola from Chile! Our last article concerned Chile's interest in attracting "Smart Capital." Since that article hit cyber-space, we were again over-run with requests for more detailed how-to information such as finding employment and / or business investment opportunities here in Chile. Also, in addition to these requests, many readers asked about Visa requirements and how to obtain permanent residency in Chile. 

Unexpectedly, many of the people who contacted us were from within Chile. These were people who actually have business or job opportunities available! We had already known of a few, but WOW! If anyone out there is interested, we just might have THE connection for whatever type of business or occupation you may be seeking or perhaps, at the very least, we might be able to point you in the right direction. 
With this in mind, we talked it over and decided to expand on the “Opportunities in Chile” theme a bit in order to more fully support our readers, including the people we had no idea about, those who are already living and working IN Chile. Sheesh, what a surprise!

We are also continuing to work on our website www.Chile-Yen.com/Opportunities.html, to keep it up-to-date. We will be adding new opportunities as they become available or as we become aware of them, so be sure and check back from time-to-time. We have also included several links to employment search tools in Chile. We wish you “Buena Suerte” in your search for your new life.

Chilean Visa, Anyone?
First we would like to mention a few points regarding the acquisition of Visas in Chile. We always get a bit of a reality check when we read about other countries and their respective Visa requirements. Panama has their Pensioner’s program which sounds like a great Visa except that it can never lead to Panamanian citizenship and from the knowledge we have acquired, one is not permitted to WORK with this type of Visa either. Other Visa-types require large investments in special programs that stimulate the economy in pre-determined ways. There are also “time deposit” based Visas, requiring a rather large chunk of cash to be deposited into your new country’s bank for up to two years.

Also, as you may or may not know, certain countries have what is known as “point-based systems” (points go away the older you are, so unless you have a nice chunk of cash to deposit into your favorite country’s bank, our suggestion is to forget it). Educate yourself a bit beforehand.

While we feel it is rather biased that some countries discourage people who are over a certain age, we know this is to protect the countries from having to dish out extra medical or other age-based benefits. We do understand this standpoint, but come on! Most of us are just coming into our “renewed young-adult” eras, when these countries’ government(s) feel we (aged 50 or older) should be put out to pasture or rather redirected to the nearest rendering works…. There are also countries where points are increased for trained professionals. So, if one is 50+, not a doctor and has less than a million dollars OR is not equipped with the appropriate college degree, the person will likely not be appropriate, either. 

What happened to equality in life? What happened to respect for knowledge gained from lives that have been well-lived? Happily, Chile has a very simple, WELCOMING and straight ahead, if not logical Visa program which, unless you are a criminal, deadbeat or an outright bum, you should be able to comply with their requirements.
In Chile, many requirements are much simpler and yes, down-to-Earth. If you happen to land a job in Chile, You will need a Work Contract (this is necessary for all employees in Chile) which has been signed and Notarized by the local notary. The only tricky or perhaps you might wish to call it a “sticky” issue is that one’s Employer must agree, as a condition of employment, that they will pay for the airfare to send the Employee back home if the job does not pan out. However, this is only the case if you are using the Work Contract method to obtain a Visa. This is not a condition for a Work Contract. It is a condition for the issuance of a Visa based on the Work Contract. The other requirement is that you earn at least $300,000 pesos a month (about $550 USD. Don’t let the commas used to denote amounts of money fool or excite you!). This monetary requirement is usually not a problem since it is hard to survive on anything less than this and most jobs will pay more than this relatively small amount.

If you purchase real estate and / or a business, you are usually guaranteed a Visa. If you have a retirement pension, receive Social Security checks or happen to have a significant nest-egg saved up, you can obtain a Residency Visa and no, you won’t have to tie up your life savings in a Chilean Certificate of Deposit or any other monetary scheme which takes the control of your money out of your own hands for any period of time. The basic requirement for any type of Visa is: Can you support yourself here? All other requirements for a Visa are quite reasonable. Imagine, a requirement that makes sense and you can obtain a Visa for living in Chile. Since we have been through the Visa process ourselves and since we have already assisted several others in obtaining their Visas and just in case you were silently wondering---- “Yes, we DO offer assistance in the Visa process, also!”

One very interesting observation we have made regarding Visas is this: it is a much simpler process to apply and obtain your Visa from within Chile than to apply through the Chilean Consulate in your home country. We hope we won’t get a cranky call from the Chilean government for mentioning this, because the Chilean Consulates in your home country will tell you that you must apply through their offices or you cannot get a Visa. Bull ca-ca! The reality is that you do not have to waste your time and it is much simpler FOR YOU if you don’t take this unnecessary step. It is also usually either FREE (for U.S. citizens) or much less expensive if you apply from WITHIN Chile but this is not the case through the foreign offices.

Another rather off-topic but still interesting factoid is this: When people apply for a family member Visa to enter the USA, it is much simpler to apply from outside of the USA than from within the USA. It seems that no matter which way you are going, it is more difficult and there is much more Red Tape when you submit an application in the USA. This rather destroys the myth of the Third World government where nothing gets done without a bribe and a mountain of Red Tape and where the almighty USA is the model of efficiency. Truth be told, there is much that the US government could learn and one of our favorite words is “simplify.”

What Business Opportunities, You Ask?
The various business opportunities we are aware of range from a salmon farming operation with land and water rights and with a hydro-electric side-line operation; a seven bedroom Patagonia fishing lodge; a lovely European-style hotel near the lake in one of the Lakes District tourist towns; a charming and cozy local restaurant plus six rooms for rent upstairs; a group of eight rental cabanas; a home with a detached restaurant (or?) located in the front which sits beside a main thoroughfare; an established bed and breakfast located in a major tourist town; and last but certainly NOT least, a Seaman’s Port of Call Center with a bar, restaurant, Internet phones and Internet access for the crews of merchant vessels and cruise ships.

So many people have a mental misconception of places outside their home country when in actuality many things are very similar. If you were looking for a business to own and run in the USA you would possibly consult a business broker or maybe look in the newspaper. In Chile we have not found an exact match to the business broker but it is truly amazing how the word-of-mouth network actually functions here. In Chile it is much more a matter of getting around and knowing people. Once people know you have an interest in something, it is incredible how many people find out and come from out of practically nowhere to tell you what they know or what is available.

The purchase process is about the same as one would experience in the USA, Canada, England or any other developed country. We highly advise that you engage the services of a Chilean attorney and preferably one who has been recommended by another Expatriate or two. We happen to know of a great attorney who speaks excellent English and he is savvy to the special needs of Expats. Other than that, there will be an Offer and Acceptance Agreement and possibly a Confidentiality Agreement, Due Diligence and the actual Closing when you must also either be in attendance or ensure that your attorney has a Power of Attorney to finalize any sale / purchase on your behalf. 

Financing is also a possibility, but without a credit history in Chile and a Residency Visa in place, you will likely be limited to credit carried by the Seller as opposed to bank financing. Once you are established in Chile, the bank financing option becomes a possibility but most likely (the same as it is in your home country) if you don’t have an established banking history and if you haven’t demonstrated a willingness to pay your bills, it is next to impossible to get financing from any bank. 

Many people don’t realize that highly developed banking and investment services exist all around the world and in many different countries. This is not limited to just a few “developed, First World” countries. We actually consider Chile to be a First World country. While we don’t know exactly how this is measured or what the technical definition is of First World, we find Chile to be pretty much the same as the USA in most measures we use to define development and / or comfort. People in Chile have credit cards, checking accounts and payments available on most any purchase they may want to make. We swear that the department stores make most their money on their in-house credit they offer as opposed to the mark up on the goods they sell. Some things are the same all around the world. 

In actuality and while we don’t recommend it, you could purchase a business without being a resident of Chile at all. Of course you would have to take a quick trip out of the country every 90 days (maybe to Argentina which is right next door) but it is possible to have your Chilean Tax ID Number (called a RUT) and to actually own and run a business here without ever obtaining a Visa. Once again, we do not recommend this, but it is being done.
.

Just a few examples of the types of businesses for sale in Chile
.

Restaurant on Main Highway

Cabanas on 3 Acres

Bed and Breakfast
..
.
Come One, Come All!
Now, if you have an idea for a new business, there may be no better place than Chile to try out this idea! Chile welcomes businesses of all types, labor costs are minimal and in some cases, you just might get assistance FROM the Chilean government if they feel your idea is worthwhile... No Al Capone-types, please! Also, citizens from all around the world are welcome in Chile and International Tourism is on the rise. Actually, the Chileans themselves provide a very active tourist market within Chile. 

All the standard forms of incorporating are available in Chile and the Limited Liability Association (LLC to most people), is very popular in Chile, as it is in the USA. Foreigners can own corporations in Chile and you are constitutionally guaranteed both equal treatment under the law as well as the ability to expatriate your original investment and your profits. After tax profits that is. -Article continued below -

Jobs Overseas - International Employment Worldwide - One of the largest overseas jobs databases in the world.  Overseas Jobs are posted 24 hours a day 365 days a year.  In addition we have links to jobs resources and jobs websites worldwide, plus a resume section where you can post your resume and have it sent to 1,500 international companies around the world.  Find yourself an excellent job or career overseas  - 
Overseas Jobs & Careers - Click Here
.
We Get Results !
.
Living In Uruguay - Click Here
Uruguay for Retiring, Investing, or Just Good Living by Lee Harrison - If you've never considered Uruguay as a place to live,  or even to visit you’re going to be completely surprised by all it has to offer - The country is diverse. Montevideo is a old-world European style city with fine restaurants, colorful markets, sycamore lined streets and a cultural scene second to none. Here you’ll encounter an honest, European culture that’s representative of what you’ll see throughout the country. In Colonia, you’ll find that the original Portuguese settlement has been restored, and its residents have made it one of the finest examples of old colonial architecture in South America. With it’s year ‘round tourist trade, Colonia is a great place to invest in a colonial restoration or a rental property. 
LEARN MORE - CLICK HERE
.
Real Estate In South America
See Current Real Estate Listings In South America -  Now In Our Real Estate Marketplace - Numerous real estate listings for Australia & New Zealand  with color photos - Beachfront bargains, Farms, Islands, Enclaves, Coast Property, Sale by Owner, Current Listings 24 hours a day, seven days a week.  Also see Real Estate in Central America & Mexico
Sell Your Property In South America
...
EscapeArtist Travel
Unique Vacation Options
Including Vacation Options In South America
..
Now - Two Great Magazines!
...
The Portable Professional - Earn A Living Worldwide
The Portable Professional - Earn A Living Worldwide - It is now possible to make a living from anywhere you can log on.  The technology is there and the opportunities are there.  Mark McMahon has written an eye-opening report on how to make a living worldwide.  Earn US Dollars and/or EUROS from wherever you are on the planet.  The options are limitless and the time is now.  Learn more about how to break free - learn how you can live your life like it belongs to you - Live Where You Want To Live! ~ Live How You Want To Live! ~ And Make Money Doing It! -
Directory Of All Articles -Articles On Our Website - By country & by category - a list of thousands of articles on Living, Working, Investing & Traveling Overseas - Including  articles on International Real Estate in South America.
Moving To South America ~ Living in South America ~Moving To South America ~ Living in South America
Real Estate In South America - Real Estate In South America -
Relocation Resources On Mexico & Central America ~ Moving to Mexico and Central America - Real Estate In Mexico, Belize, Panama & Central America
NEW- Our new page dedicated to Real Estate In Brazil -  Imobiliária Em Brasil
.
Moving to Argentina
Living in Bolivia -
Moving to Brazil
Living in Chile
Living in Colombia
Moving to Ecuador
Living in Guyana
Living in Paraguay -
Living in Peru
Living in Suriname
Moving to Uruguay
Moving to Venezuela -
.
Driving the Pan-American Highway to Mexico and Central America
Driving the Pan-American Highway to Mexico and Central America - Driving the Pan-American Highway to Mexico and Central America  - The Only Guide Book on the Subject - Exclusive - This Updated Version - 2004 - of Driving the Pan-American Highway that is available on this website is an EscapeArtist.com exclusive available only here and only in eBook - The updated eBook version of this guide is the must have guide for anyone who is thinking of driving through Mexico to Central America." 
....
- Article Continued From Above - 

So, How About a Job! 
As can be found in most countries today, if you are thinking about relocating to Chile and would desire employment, it is possible to retain the services of a head-hunter (no, there are no jungles in Chile!) otherwise known as an Employee search firm. Obviously a command of the Spanish language would be quite helpful but keep in mind, the language of International Business is English! It is also possible that your new employer may cover relocation costs AND arrange for your all-important Work Visa!
.

We hope this has given you a better idea of the types of opportunities available to anyone thinking about making beautiful, wonderful Chile their new home. While there are literally thousands of opportunities from franchises or retail, manufacturing to tourism and more, all that you really need is that "Leap of Faith," and the first step towards your new future. We think the writing is on the wall in the USA, saying that right now is a good time to make a change while you still can and WHILE there are still many wonderful opportunities to be found in Chile! 

Here in Chile, we see a good, strong economy, an active and upwardly-mobile population with a healthy Middle Class, minimal government restrictions and a strong banking and investment system. Property rights are strongly protected and this too can all be yours if you and your family desire to "Just Do It!"  Also, for a Chilean Lawyer (Abagado) who speaks excellent English, we know a fellow named Nicolas who would be happy to assist you with your Purchase Contract, Business Incorporations or almost any legal matters you may require. 

We met Nicolas at a friend’s Asado (Chilean BBQ) and since then we have referred a steady stream of new clients to him. He comes highly-recommended and his father is a local Architect, in case you should also need some help designing your new Chilean custom-designed and built, home!

Job search links to get you started: 
www.empleos.elmercurio.com
www.bumeran.cl
www.laborum.com
Also, through our website we have a spreadsheet available as a free download. Click Here  for your copy. A very good Chilean friend of ours created this spreadsheet. He used it to successfully obtain a new job with a large Chile-based company located in Santiago. The spreadsheet is a listing of head-hunter type firms active in Chile. There are contacts listed but please keep in mind that these may be a little out-dated in some instances. Also, feel free to use this spreadsheet to track your progress and monitor your follow-up contacts / appointments.
.
For more information about these opportunities as well as any new ones we may come across or if you have a specific type of business you are interested in, feel free to contact us through our website: www.Chile-Yen.com. We will be happy to refer you to the appropriate parties once we screen through the emails and determine the level of your interest. Serious inquiries only, please!

Chao for Now!
Gary and Bonnie Paulsson
 

Gary and Bonnie Paulsson, now happily settled in the Lakes District of Chile, offer Property Investment, Retirement and Relocation Tours to Chile, will happily assist with any needs involving your property acquisition/relocation and offer an E-Book detailing their adventures in Chile. This book is packed with loads of excellent information on relocating to Chile. They can be reached through their website at www.chile-yen.com or you can phone them at (415) 226-1243. (It rings on their phone in Chile and you ONLY pay for a call to San Francisco. Isn't Technology grand!)
.
Easy Belize: How to Live, Retire, Work or Invest in Belize - Easy Belize: How to Live, Retire, Work or Invest in Belize - Belize - the laid back Caribbean country of Central America! It's a favorite of those seeking a calmer lifestyle in close proximity to the wonders of nature.  Like a un-planed 2x4 full of splinters, Belize is sturdy, rugged and full of sandfleas, but it also has it's share of beautiful islands, adventuresome spirits and rum soaked nights. It's the place we dreamed about as children.  A place where we could do what we wanted without being called in to wash up for dinner. It's a place where you need to know how to repair your own car and replace parts of your plumbing with bailing wire and tape. It's also a place where big brother isn't looking over your shoulder and you can set your own building codes or own a flock of chickens. It's a place where you can spend the day fishing without trying to keep up with the Jones's. It's also become one of the hottest expatriate destinations in Latin America. ...it's not for everyone, but it may be for you. If so, there's a new eBook that will take you to Belize and help you stay there. 
The Portable Professional - Earn A Living Worldwide - It is now possible to make a living from anywhere you can log on.  The technology is there and the opportunities are there.  Mark McMahon has written an eye-opening report on how to make a living worldwide.  Earn US Dollars and/or EUROS from wherever you are on the planet.  The options are limitless and the time is now.  Learn more about how to break free - learn how you can live your life like it belongs to you - Live Where You Want To Live! ~ Live How You Want To Live! ~ And Make Money Doing It! -
Get a Cruise Ship Job!
Get a Job on a Luxury Cruise Ship - Quickly & Easily! - "Discover how you can Travel to the World's Most Exotic Places...having the Best Time of Your Life...and Get Paid for it!" - “Now is the best time in history to get a job on a cruise ship” - Get Paid to Travel the World Having the Best Time of Your Life! - “It’s almost the perfect job!” -  Get a Cruise Ship Job! - Click Here
Careers In Yachting - A Unique Lifestyle Career - A Special Report -  How To Get A Yachting Job - Where to go to look for a yachting job. • Who to talk to get it. • Where to stay while searching for employment. • How to make ends meet until you find a job. • About and how to deal with crew agencies. • Extremely effective means of obtaining employment outside of agencies. • The ins and outs of interviewing. • The pros and cons of working on a charter yacht versus a private yacht. • Crewing as a couple. • Vital tips that will put you ahead of the pack. • Crucial mistakes not to make and much, much more.  How To Get A Yachting Job
Exceeds Expectations
eBooks for Expats - International Relocation Reports - Offshore Investment Reports - Reports On Offshore Real Estate, Moving Overseas,  and a wide range of subjects for those seeking to restart their lives overseas.  eBooks are a great idea.  Consider This: If, for example, you are trying to figure out how to move to Bolivia, buy a ranch, get residency and a passport; you won't find a standard book on how to go about accomplishing those ends at your local library.  You will here.  We have hundreds of great eBooks lined up and coming your way.  Diamond mining in Africa, play the European lottery, where the odds are ten times better than the USA, Homestead in Belize, Moving to Thailand, Working Worldwide from a lap...  our list of titles is growing daily.
..
Remount!
.
| Add Url | Home | Contact | Advertising Send This Webpage To A Friend | Escape From America Magazine Index | Offshore Real Estate Quarterly | International Telephone Directory  | About Escape | Embassies Of The World  |  Report Dead Links On This Page| Maps Of The World | Articles On This Website | Disclaimer | Link 2 Us | Help | Jobs Overseas | International Real Estate | Find A CountryExpatriate Search Tools | Expat Pages   | Offshore Investing | International Marketplace | Yacht Broker - Boats Barges & Yachts For Sale | Search Engines Of The World |
© Copyright 1996 -  EscapeArtist Inc. All Rights Reserved