Start A Business In Chile

In recent years, investors and owners of small, medium, and large businesses have become drawn to Chile because of its low tax rate, its economic and political stability, its level of technological modernization, and, above all, the abundance of opportunities available in the service sector.

Due to Chile’s high levels of economic growth, low unemployment rate, and the increased presence of foreign investors and companies, the strength and spending power of Chile’s middle class are at all-time highs.

This newfound middle-class spending power has created an increased demand for more foreign businesses and services that have been, until now, unavailable to Chileans.

Pew Research found that Chileans now have the highest access to Internet, digital media technology, and smartphones in Latin America.

This recently created demand has caused quite a stir for investors—even as little as five years ago this market was not just nonexistent but completely unforeseeable.

Over just the past few years, many investors have come to Chile to set up businesses in Santiago, both Chile’s financial capital and most economically developed city-the logical starting place. Development and opportunity abound in Santiago… just look at a year-to-year comparison of its ever-expanding skyline.

We point out the increasing number of skyscrapers under construction in Santiago for two reasons… While, on the one hand, they represent the current level of growth, investment, and upward potential in Santiago, they also represent the opportunities that are no longer available.

While there’s still time to take advantage—especially for small- and medium-sized businesses—Santiago has become somewhat saturated with investors. This is where you’ll find that having an insider’s perspective of Chile is handy…