Chile's government strongly supports foreign investment and has therefore set up many tools and incentives to help foreign investors enter the Chilean market. In 2008, the Chilean government authorized over US$ 10 million in foreign investment from more than 20 countries.

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In 2000, the Chilean Economic Development Agency (CORFO) created the InvestChile program to provide local and foreign investors with the following:

Investment cost reduction
InvestChile offers generous financial incentives to investors throughout all development stages, specifically the following:

• Pre-Investment
• Project Launch
• Human Resources
• Real Estate Leases
• Fixed Assets

Investment services
Additionally, various support tools are offered to investors in order to help facilitate and establish their investments in Chile, specifically in the following areas:

• Information and assistance in establishment processes
• Access to English speaking personnel

Sources: www.corfo.cl, www.cinver.cl

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For more detail on government foreign Investment Support please visit the support and incentives section