Investment

Chile at a glance

The Chilean economy is solidly based on the free and open market with the state playing a basic role as regulator (granting competence conditions among all players in any given economic sector) and distributor (basically through social policies oriented to the less endowed of the society). From the wide variety of sources of information on the Chilean economy, we have chosen the Chilean Central Bank and the Foreign Investment Committee due to their relation with technical aspects dealing with investors

From the Chilean Central Bank report “Fundamentals of the Chilean Economy” we can see that this fully independent institution has among other missions to look out for the stability of the Chilean currency within a macroeconomic framework characterized by an inflation-targeting regime (defining a range of inflation between 2 to 4% for a two years period), floating exchange rate and the Fiscal Surplus Rule (demanding a structural fiscal surplus of 1% of the GDP and low levels of public debt).
The financial strength comes from an adequate regulatory system and supervision in line with international standards.For the international investors the Chilean economy offers a clear and well-known set of laws and regulations, all under the supervision of the Foreign Invest Committee.

Regulations and Procedures

Starting from a stable and transparent legal framework for foreign investors, characterized by a clear, non-discriminatory and non-discretionary rules, embodied both in the 1980 Political Constitution and in all laws, including the Foreign Investment Statute, known as Decree Lax 600 (D.L. 600). The former assures all people, regardless of their nationality, "to be treated by the State and its bodies in economic matters without arbitrary discrimination".