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Chile

CL • SPANISH • CLP ($)

Chile remains Latin America’s bastion of economic pragmatism. Despite recent constitutional shifts, it offers a robust framework for property rights and business formation. The fiscal regime is transparent and predictable, maintaining a competitive edge. Boasting the region's lowest corruption levels, Chile provides a secure environment for capital. Entrepreneurs enjoy world-class infrastructure and immense geographic diversity. It is a sophisticated destination for those prioritizing institutional stability, market-oriented policies, and a high quality of life in a free-market landscape.

Upsides
  • Extensive network of free trade agreements providing unparalleled access to global markets and capital.
  • Strong institutional framework with low levels of corruption compared to other Latin American nations.
  • Advanced digital infrastructure and high-speed internet connectivity supporting remote work and tech-driven entrepreneurship.
Downsides
  • Increasing tax complexity and recent legislative shifts toward higher corporate tax rates and social expenditures.
  • Rising security concerns and social instability affecting operational safety and long-term investment predictability.
  • Lengthy bureaucratic processes and regulatory hurdles for obtaining environmental and operational business permits.

Taxation

Income Tax 0–35.5%
VAT 19%
Tax Treaties 37
IP Box ? Intellectual Property Box. A tax incentive offering reduced rates on income derived from patents, copyrights, and other intellectual property. No
Exit Tax ? A tax on unrealized capital gains triggered when a taxpayer moves their tax residence to another country. No

Compliance

BEPS ? Base Erosion and Profit Shifting. An OECD framework to combat tax avoidance strategies used by multinationals to shift profits to low-tax jurisdictions. Member
FATF ? Financial Action Task Force. An intergovernmental body that sets standards to prevent money laundering and terrorist financing worldwide. Non-member
FATCA ? Foreign Account Tax Compliance Act. A US law requiring foreign banks to report accounts held by US citizens to the IRS. Signatory
CRS ? Common Reporting Standard. An OECD standard for automatic exchange of financial account information between tax authorities globally. Signatory

Blacklists

FATF Blacklist ? Countries identified by FATF as having serious deficiencies in anti-money laundering and counter-terrorist financing measures. Clear
EU Blacklist ? The EU list of non-cooperative tax jurisdictions. Countries that fail to meet transparency and fair taxation standards. Clear

Payment Platforms

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