For the vast majority of foreign investors, traveling to Chile just to sign documents is not always practical. Property purchases often happen while the buyer is abroad, managing investments across multiple countries. Fortunately, Chilean law allows real estate transactions to be completed remotely through properly structured legal instruments. With the right documentation—power of attorney to…
For international investors eyeing the robust Chilean real estate market, a seamless acquisition process begins long before property tours. The most critical preliminary step, though often overlooked, is understanding how to obtain a Chilean RUT for foreigners who wish to buy property in Chile. You cannot simply transfer funds and close the deal; every foreign…
Renovated apartments are highly attractive to buyers. Open-concept kitchens, expanded living spaces, integrated terraces, and custom interior layouts can significantly increase the value and appeal of a luxury condo. However, in Chile, a renovation that looks modern and stylish can sometimes hide a serious legal problem. One of the most important elements to verify before…
Buying property in Chile often begins with a step that many foreign investors underestimate: the promissory contract—known locally as “promesa de compraventa”. This agreement is typically signed before the final purchase deed and usually involves paying a deposit to secure the property. For international buyers, this stage can be one of the most financially vulnerable…
Buying a luxury property in Chile can feel like a straightforward process. You find the right apartment, negotiate the price, sign the purchase deed, transfer the funds, and receive the keys. From a practical standpoint, everything suggests that the property is now yours. However, Chilean property law works differently from what many foreign investors expect….
