Permits for Foreign Investors
Legal Area: Labor and Employment Law
Decree No. 177 of 2022, of the Ministry of the Interior and Public Security, establishes the Migratory subcategories of Temporary Residence, within which we find the "Permit for Investors" (Article 62), aimed at individuals or companies that wish to invest at least USD 500,000 in Chile. Among the requirements to obtain this permit is a "Sponsorship Letter" issued by the Foreign Investment Promotion Agency (InvestChile).
On August 16, 2022, Exempt Resolution No. 144 was published in the Official Gazette, which regulates the requirements and background that the Foreign Investor must consider to obtain the "Letter of Sponsorship".
You can contact us if you need more information about this or another migratory subcategory.