Chile offers an attractive Start-Up Visa for entrepreneurs, providing a pathway to residency and potential citizenship. Its stable economy and robust legal framework make it a compelling destination for business and long-term settlement.
Citizenship Pathways
Start-Up Chile Visa
Cost: Visa fees ~$500, up to $80,000 equity-free funding
Timeline: 0.5 years
Presence Required: 6 months during program
The Start-Up Chile program offers equity-free funding and a 1-year work visa to selected entrepreneurs. Participants receive support to establish their businesses in Chile and integrate into the local ecosystem.
Naturalization by Residency
Cost: ~$1,000 in fees
Timeline: 5.0 years
Presence Required: 5 years continuous residency
Chile offers a pathway to citizenship through naturalization after five years of continuous legal residency. Applicants must demonstrate integration into Chilean society, including language and cultural knowledge.
Step-by-Step Process
Start-Up Chile Visa (residency)
: Apply to Start-Up Chile program and get accepted
β 3-6 months β Free (application)
: Apply for the Start-Up Chile Visa at a Chilean consulate/embassy
β 1-3 months β ~$500 (visa fee)
: Travel to Chile, register with PolicΓa Internacional and obtain RUT (tax ID)
β 1 month post-arrival β Varies (local transport, initial living)
: Participate in the Start-Up Chile program and establish business
β 6 months (program presence) β Living expenses
Pros & Cons
Advantages
Stable economy and democratic government
High quality of life in major cities
Access to Latin American markets
Relatively low cost of living compared to developed nations
Pathway to citizenship after 5 years of residency
Challenges
Spanish language proficiency is essential
Bureaucracy can be slow and complex
High income inequality and social disparities
Geographic isolation from major global hubs
Requirements
Valid Passport β Original and copies, valid for at least 6 months
Criminal Record Check β From country of origin and any country resided in for past 5 years
Medical Certificate β Confirming good health, issued within 3 months
Proof of Funds/Income β Bank statements, investment proofs, or Start-Up Chile funding letter
Start-Up Chile Acceptance Letter β Official letter confirming selection into the program
Tax System
System: territorial
New residents are generally taxed on worldwide income for the first three years, then only on Chilean-sourced income. This can be extended for an additional three years under certain conditions.
Frequently Asked Questions
Can I bring my family with the Start-Up Chile Visa?
Yes, dependents (spouse, children) can apply for dependent visas based on the main applicant's Start-Up Chile visa.
Is Spanish required for the Start-Up Chile program?
While not strictly required for application, basic Spanish is highly recommended for daily life and business integration.
What is the minimum investment for the Start-Up Chile Visa?
There is no minimum investment; the program provides equity-free funding up to $80,000 to selected startups.