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Chile Permanent Residence

nicolewong

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http://www.allsouthernchile.com/chi...153/563-chile-retirement-and-income-visa.html

Qualifying for the Chilean Retirement and Income Visa

The key requirement is a basic recurring income that will support you in the future. Among just a few of the sources that Chilean Immigration will accept are pensions, social security, rent from real estate, long-term contracts, interest income, Annuities,. Any source that will periodically recur in the future.

Your other resources are also considered. It is not only a recurring source of income. Immigration would for example consider a small social security Check you receive every month, in addition to a large savings account, stock portfolio, or property you own in Chile as proof that you have sufficient assets. Some of the secondary assets that Chilean immigration will consider are savings, stocks, property in Chile or other countries, investment in a business in Chile, and so on.

Chilean immigration for the most part will not tell us or anyone else exactly what the magic number is in terms of monthly income or other assets that is required to qualify. All they will say is that it must be sufficient to live on in the area you are intending to reside. So, for example it is much more expensive to live in Las Condes in Santiago than a small town in Southern Chile. A good rule of thumb across Chile is that you should be able to show $1,000 US per person including yourself and any people you claim as dependents on your application. This is sufficient to live a middle class life style in almost every part of Chile.

Chile Immigration Procedures and Documents

We must first warn you however do not try to apply for this visa at your nearest Chilean consulate outside of Chile. The only immigration applications we have ever seen consistently rejected have been done through the consulate while people are outside the country, in spite of what the consulate may tell you. If you avoid this basic mistake, immigration officials have told us they nearly accept 100% of the applications as long as the application is correctly completed and the supporting documents are provided. Most of the rejections occur outside the country, because the staffs at the consulates and embassies do not know the correct procedures.

The correct procedure is to come to Chile under a regular tourist visa, then to change your status by applying for the Retirement or Income visa. Once you apply, and are awaiting approval of your temporary visa you can remain in the country without needing to renew your tourist visa.

Once your one year temporary visa is approved, you must remain in Chile for at least one year. By that they mean, you must complete 365 days of physical presence in Chile within a two year period. Each day you are out of the country, is discounted from your temporary residency time. The longest you can be out of the country is 180 days consecutively. If you fail to meet this requirement, you must start the application procedure all over again and your temporary residency time. So, it is best to plan to remain in Chile once you begin the application procedure. Once you complete that one year temporary residency requirement, you can then apply for a permanent residency status change.

All key documents submitted as supporting evidence to immigration must be notarized and legalized. Chile is not a party to the Hague convention. Thus, this means that there is a lengthy authentication process for such things as birth certificates, contracts, bank statements, pension statements, and so on that you might wish to submit to immigration. It can very from country to country and and consulate to Chilean consulate, but for the most part this involves notarizing an official copy in your home country, and having that notarization certified by a standard legalization process at the nearest Chilean consulate. Once the documents arrives in Chile, they must again be certified at the Foreign Affairs Ministry in Santiago. It is best to check these procedures before leaving home, as some documents are much easier to obtain in person while you are still in your home country.

One final word about immigration in Chile. The corruption free environment of Chile is in part traded for extensive bureaucratic checks and balances. Be patient. That said, if your application is rejected for some reason, no one is going to kick in your door in the middle of the night and throw you out of the country. You can in must cases reapply. Again, the number one reason that immigration applications are rejected in Chile is because of improperly completed applications. If you are not sure, or would simply like to avoid the hassle, seek help from a qualified attorney.
 

nicolewong

Alfrescian
Loyal
Chile Immigration Law

Chile Visa Requirements
Immigration Law: Chile Visas and Citizenship

The primary requirement to qualify for the retirement and periodic income visa in Chile is not so much the amount of money that you have, but the periodic nature of it. Let me stress the “periodic” part of the test used by immigration to qualify for this type of immigration visa in Chile. The most difficult residencies we handle are when people liquidate everything thing they own, quit their job, close their old bank accounts, and open a new account where they deposit their entire life savings before moving to Chile. With no other source of regular income, they have effectively ended their entire financial history. They essentially burn all bridges and evidence that might prove they have a periodic income for applying for residency visas in Chile. That is besides Chilean immigration viewing it as suspect that they do not have a normal financial history in the country they departed from before moving to Chile.

Here are some points to keep in mind regarding requirements for permanent visas and immigration to Chile:

1) You do not need to be retired or have a pension to qualify for permanent residency in Chile. Anyone with an acceptable periodic income can qualify. This includes such things as employment contracts ( either in Chile or outside Chile ), rental contracts, or sales contracts. The key is they must recur or be periodic either by the week, month, or by the quarter.

2) Your periodic income does not need to be all of your income that supports you. You can have a small source or sources of periodic income, that along with other resources such as savings, investments, property, contracts, or other forms of fixed income prove you are able to support yourself and / or your family.

3) The amount of income does not need to be for the rest of your life. You only need to document resources sufficient to support yourself through the temporary residency application, the approximate 1 year of temporary residency, and the time to apply and receive your permanent residency status. In total, as the time of this article, you need to show about 14 months of periodic income to qualify for residency under this visa in Chile. Chilean immigration for the most part does not care and does not check if you are able to support yourself after that. As an official with the legal department at immigration pointed out to us, Chile really does not care if someone moves to the country and runs out of money. You will be forced to leave on your own, and Chile's economy will benefit from the money you donated while you were here. So, apart from immigration requirements and concerns, make sure you can really can afford to live in Chile.

How much money do you need to obtain a permanent residency visa in Chile?

Well, it depends. Partly on your family circumstances. Partly where you will live. The rule we use is what would it cost a middle class Chilean to live in a particular area comfortably? A foreigner will often require much more to live comfortably, but that is the base line for immigration. So, Santiago is much more expensive than say the Patagonia. The Chilean immigration department takes that in to account.

Here are some real examples, based on real client profiles (modified to protect confidentiality) that we have successfully obtain residency visas for in Chile in the past. These are less than clear cut cases at first glance that they would qualify for the Retirement and Periodic Income Visa in Chile.

Chile Permanent Residency Visa Example 1: Retired Couple

Retired couple, with a simple social security check of $400 US a month from the U.S. Government, with various real estate holdings around the World, and a moderate savings in a bank outside Chile.

They live in a rural area with a very low cost of living, purchased property with a value of about $30,000 US, and built a house for about $50,000 US.

Chile Permanent Residence: Approved

Chile Permanent Residency Visa Example 2: Young Family

Young Family of mother, father, 3 children. Family owns a property in a foreign country that produces a rental income of about $1200 U.S. per month. Family also has savings and investment account of approximately $200,000 US. Mother does not work. Father works online freelancing with no steady contracts, but makes income of approximately $1,000 – 3,000 per month that is difficult to document, and some months makes no money. Family rents an apartment in a city in Southern Chile.

Chile Permanent Residence: Approved

Chile Permanent Residency Visa Example 3: Single Individual

Young male, 25 years old, works on the internet part time and teaches English in Santiago part time. Wants to start a business in Chile and work in Chile at the same time. The part time internet work generates a steady income of about $500 US a month, and his foreign employer issues an employment contract to state how long he has worked for the foreign employer. Along with his existing employment contract with a Chilean school, he generates about $1500 US a month. At the time of temporary residency application, we request a work visa so he can start a business in Chile. This is our recommend alternative to the investment or business visa in Chile for foreigners wanting to invest in Chile.

Chilean Permanent Residency and Work Visa: Approved


Again, we want to emphasis these are examples only. These are under no circumstances to be considered hard and fast rules, and immigration has the right and often does change the requirements based on circumstances. There are many other requirements to applying.

The number one rule of applying for successful immigration approval to Chile is to provide as much documentation as possible regarding your plans and resources.


More info at http://www.spencerglobal.com/

Spencer Global is a unique law firm in Chile specializing in providing legal and investment services exclusively to the international or foreign community in Chile.
 

nicolewong

Alfrescian
Loyal
Santiago, Chile

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nicolewong

Alfrescian
Loyal
Malaysian Kitchen, Santiago, Chile - Plenty of Malaysians in Chile

[video=youtube;VDJu78Hz0kk]http://www.youtube.com/watch?v=VDJu78Hz0kk[/video]
 

nicolewong

Alfrescian
Loyal
Embassy of Chile in Singapore

Address:
8 Temasek Boulevard
#24-01 Suntec Tower Three
Singapore 038988

Telephone: +65 6223 8577
Fax: +65 6225 0677
email: [email protected]

Ambassador
Mr. Fernando Danús Charpentier
Ambassador of Chile

Diplomatic staff

Mr. Mauricio Hurtado Navia
Minister Counsellor

Mr. Sergio Narea Guzmán
First Secretary of the Foreign Service

Ms. Macarena Quezada Borel
Third Secretary of the Foreign Service, Consul of Chile in Singapore

Catherine Teo
Personal Assistant to the Ambassador of Chile.

Ms. Kitty Lam Yuk Kit
Administrative secretary of the embassy.

Ms. Christine Teo Kwee Chin
Consular assistant and receptionist in the embassy.

Mr. Philip Foo Kok Khiam
Embassy driver
 
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