Spencer Global International Consulting

Buying real estate or property in Chile should always start with a complete title search. Purchasing a property in Chile without a title search is like gambling, only you will not know if you got lucky for up to 10 years when all the possible statute of limitations for claims against a property are expired. Without a title search, you may not even know if you are buying the same property or the seller is really the owner. So, a title search should always be your first step in a property you are considering for purchase in Chile. Done right, you can rest assured that they property is yours. Chilean attorney Zandra Valenzuela explains the basic steps and documents that should be included in full title search for real estate in Chile, South America.

Real Estate property taxes exist in almost every country in the World. Chile, South America is no different. However, you may be surprised by how low property tax is on the real estate you buy in Chile. In fact, on many properties, even large properties, they are exempt completely exempt from property tax. Chilean Attorney at law Zandra Valenzuela explains the basics of real estate property tax in Chile in this article.

So, you want to buy some real estate in Chile, have someone sign a contract on your behalf, or otherwise do anything that involves an official document in Chile. Beyond life as a simple tourist in Chile, sooner or later you will have to visit a notary public to do anything official. This is especially true if you wish to use a power of attorney to execute any contracts or official documents involving Chile. This becomes even more complicated when attempting to notarize documents for Chile from outside the country as Chile is not a party to the Hague Convention on Legalization. We will take a look at how Chilean notarization works both inside the country and outside the country using one of the more common documents that people will need to execute, a power of attorney. There is also a very good legal reason why we have picked the power of attorney as our example.