For anyone entering the Chilean property market, the term “promesa de compraventa” in Chile often appears early in conversations with brokers or notaries. It translates to “promise of sale”, a preliminary property purchase agreement used to secure a deal before signing the final deed. While it may seem like a simple formality, this contract carries…
When you’re buying property from abroad in Chile, the legal process is only half the story. The other half (the financial transfer) is where most investors face confusion, delays, and unnecessary risk. Moving large sums across borders into a new banking system raises questions about compliance, traceability, and timing. Understanding how to transfer funds to…
If you’re a foreigner planning to buy a property in Chile, the following information will be of interest to you. There’s a document that enables you to navigate the entire process, from signing before a notary to opening a bank account and transferring funds from abroad. It’s the Investor RUT Chile (rut para inversionistas en…
As a foreign investor, before investing a single dollar in the Chilean real estate market, a fundamental step you must take is to determine whether the investment is safe or risky. The Chile title study, known locally as “estudio de título de propiedad” (essentially a legal property audit), is more than just a formality. It…
Buying a premium vineyard or luxury home in Chile is not the same as purchasing an average apartment downtown. Yet, many foreign investors still assume that paying property commission in Chile (typically 2% of the sale price) is fixed and unavoidable. On a multimillion dollar purchase, and with the advice of a real estate lawyer,…
