It’s a numerical, individual code that identifies the foreign investor to the tax authority and other public services in Chile. Contrary to other permits, this institution doesn’t require the intention to remain the country. It only allows making business or perform contracts and agreements in Chile.

When obtained, it allows the investor to perform/engage contracts and agreements that are essential for business. Such as, buying or renting property, creating corporations or entering them as a partner and realization of bank operations amongst others. If you wish to entrepreneur in Chile, you must apply for it.

Yes, there are different and parallel institutions in which a specific solicitude doesn’t affect the other. In fact, the “foreign investor ID” is granted by the Chilean tax department (Servicio de Impuestos Internos) while permits are given by “Foreign and Immigration department”. They also differ in how fast they can be obtained. You can apply [...]

You must fulfill in a specific form acquired from the tax department. Along with the standard information (name, passport number, address, nationality, etc) there is a special requirement in this procedure. You must know a Chilean or a foreigner with a definitive permit which is willing to sign the form in order to be accountable [...]

Yes, this procedure and its own requirements fit perfectly in the services we provide. If you already have a Chilean or foreigner with a “definitive permit” willing to sign for you against the tax department, we can coordinate the rest of the requirements online.