LATAM: Foreign Investors Survey 2017 ttitude Consulting
CHILE
Greater Attractions
Regulated, transparent and competitive market. Very stable state law. Respect and protection of private property. Safe place to invest for international agencies. Highly specialized and trained human resource. Highly technological country, the Latin American country best prepared electronically.
Political Risks?
In process of legislative reforms( especially tax), but with political consensus on macroeconomic politics and respect for foreign investments, protected and encouraged by institutional policies.
Adequate Labor Laws?
Very strict worker legislation and guarantor, but very clear and well-regulated. High level of certainty about its operation.
Adequate Transparency and Corruption Framework?
Member of the OECD( adopts its policies) and the Inter-American Convention against Corruption and the UN Convention against Corruption. Pro institutional transparency and anti-corruption framework( constitutional standards, probity protection laws, control of the financing of political campaigns, access to public information, etc.).
Suitable Fiscal Framework for Foreign Investment?
Law No. 20.848 for investments above USD 5,000,000 sets the framework for foreign direct investment in Chile. There exists the Committee of Ministers for the Development and Promotion of Foreign Investment and Promotion Agency of Foreign Investment.
Proper Framework for Promotion and Mutual Investment Protection?
Yes, important role of the Agency for Promotion of Foreign Investment. Foreign investor rights guaranteed in Law No. 20.848( building strategies that facilitate collaboration between foreign investors and domestic companies). Signed numerous international treaties.
Advantages of Your country over Others in the Zone
Macroeconomic stability( solid and highly specialized Central Bank), pro institutional transparency and anti-corruption, constitutional respect for private property, trade agreements with 60 countries.
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