Property ownership in Chile has significant
procedural requirements, but very little of the drama found in
Asian countries. Shell companies are not required. Nominees are
not required. Some percentage of condominium allocation to foreigners
is not an issue.@ Map of Chile
You can buy land at the beach, in the mountains or on the plains. That's the good news. The better news, it's not even all that expensive.
You can buy some awfully nice houses and condos under US$ 100,000. A great house at the beach for under US$ 200,000. Good investment and legal advice and handling is a requirement for property purchases. Do your homework.
Chile is recognized as the least corrupt country in South America. Financial transactions and ownership are very transparent. Infoplease rates Chile at # 22 on the corruption list. The USA is # 20 and Belgium is # 21.
