Why invest in Chile? – from Invest Chile

When it comes to Foreign Direct Investment- FDI, we are leaders in Latin America. Our competitive edge and solid economic foundation make us OECD’s first South American economy. We are a nation that breathes a dynamic business culture and displays one of the highest GDP (PPP) per capita in the region. Since 1998, and every year since, Chile has been the WEF’s most competitive nation of Latin America!

Chile in the Región

#1 Business Environment Ranking EIU 2022-2026

#1 Most Competitive Country IDM 1997-2024

#1 Economic Freedom Heritage Foundation 2024

We are the regional talent magnet. Our economy has global-minded talent. With competitive costs and highly-skilled professionals, we are prepared for the challenges brought by the new economy. Positioned as Latin America’s leader in education.

• 30 of the region’s 150+ best universities (THE 2024).
• +1,300,000 university students & +295,000 annual graduates (SIES- Mineduc 2023).

We are internationally recognized for our pioneering entrepreneurial ecosystem. Our country breeds professionals and skilled-workers that are fearless when it comes to tackling new challenges. The State’s long-term work regarding entrepreneurship & fostering venture capital has led to transforming Chile into the ‘Most Innovative Country for Early-Stage Entrepreneurs’ (GEM 2023- 2024), and one of the regional leaders in the Global Innovation Index (WIPO 2023). Some proof of this vision and effort: Cornershop -born in 2015- today allied with Uber; NotCo -also born in 2015- recently allied with Kraft Heinz; and Betterfly -born in 2018- today Latin America’s first social unicorn.

We are a natural laboratory for new-tech and green business initiatives.

• Chile has created the ideal conditions for future clean energy.
• Chile leads Latin America in Huawei’s Global Connectivity Index – GCI 2020.
• Non-Conventional renewable energy is the building block of our energy matrix.
• Our national electromobility strategy includes 100% of vehicles for sale being zero-emission by 2035. (National Electromobility Strategy – Ministry of Energy 2021).

We are globally connected & globalization-committed. Perched on the world economy, we have signed more Free Trade Agreements than anyone on the planet. Ours, is a country where we have turned distance into a non-issue. Integration and technology have allowed us to become an entrance door to the Pacific Alliance.

• Free trade agreements with 65 countries.
• International agreements and treaties to avoid double taxation with +30 economies.
• We have special trade tariffs with 88% of global GDP.
• Access to 5 billion consumers.

Our cities, our entrepreneurial spirit and creativity are the trend in the region. We are on everyone’s lips and we want to remain at the forefront of it all. In Chile, you can find the tallest building in Latin America, telescopes where life is sought beyond our galaxy, as well as delicious and constantly awarded wines. Our capital´s vibrant city life is located at the foot of the mountain and only a few hours from the sea. Acording to the New York Times, The Guardian & The Thelegraph, Santiago is the coolest City in South America. We are a must-see destination for adventure tourism in the region, leading ten years in a row! (WTA 2015 – 2024). Santiago is chosen as the smartest city in the Latin American region (IMD Smart City Index-2024) We even have been the first country to host the lollapalooza Rock Festival outside the United States.

See even more reasons at https://www.investchile.gob.cl/why-chile/.

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