Golden Visa Chile

About

Entrepreneurs, investors, merchants, and business owners in general who go to the national territory for more than 90 days due to their operations and interests in the country may be interested in this temporary home. It is simple to obtain. However, renewing or getting a permanent residence with this visa may be more challenging.

Alternative visa kinds can be more advantageous for you if you're an entrepreneur.

Eligibility

To be eligible, you must contribute to or invest in some economic activity like:

  • Tourism
  • Food Industry
  • Mining
  • Real Estate

Also, you are required to have a minimum investment of 2.5 million USD.

Documents

You may have to provide the following documents.

  • A photocopied copy of your passport
  • A passport-sized photograph
  • Income/net worth proof
  • Agreement on the selling and acquisition of real estate.
  • If you're bringing dependents, you'll need an original or certified copy of your marriage or birth certificate.
  • Evidence that you have enough money to maintain yourself and your dependents in Chile. 
  • Your company's constitution and subsequent changes.
  • Business licence or incorporation documents certified copy.

You may have to provide extra documents depending on your country.

Process

An Investor Visa can be applied for by foreigners who have invested or intend to invest in Chile. And also merchants and entrepreneurs who have a business or want to create one in Chile. You can apply through a couple of ways but should know the processing time before applying as it can assist you in decision making.

Visa Processing Time
The Golden Visa for Chile can take 2 to 4 months to process. Thus, you should keep that in mind and apply for it accordingly.

How to Apply
You have two viable options for applying:

  • You can travel to Chile with a tourist visa. If you send a registered letter to the immigration office in Santiago along with all of your supporting papers, you can apply for an investment visa in Chile (or in the immigration office of the country from where you belong).
  • You apply for this visa at a Chilean consulate outside of Chile. Be warned that certain countries lack access to the internet.

Duration & Fees

Duration
The visa is primarily valid for 1 Year but can be renewed and even lead to permanent residence.

Fees
Apart from the investment, you are required to pay a certain fee for this visa. The fee starts at 50 USD and can be more than that. Plus, you must pay a certain fee while applying for permanent residence.

Extension

The one-year-long temporary visa can be extended or renewed, leading to permanent residence. Once you have spent five years on permanent residence, you can apply for citizenship.

Highlights

Dependents
Include family, if any.

Business
You have to make investments to apply for this visa.

Citizenship
You can also obtain citizenship through this visa.

Dual Nationality
Chile allows dual nationality.

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