 The purchase of real estate by foreigners in Chile is constitutionally guaranteed to have the same private property protections as any Chilean Citizen. You do not need to be a resident to buy property in Chile, nor do you need to even need to visit Chile to purchase or own a property in Chile. The services of Spencer Global range from handling the complete process of purchasing property in Chile, to assisting clients with particular aspects of a purchase such as drafting a contract or conducting a title search. The experience of Spencer Global covers the broad-spectrum of legal and cultural situations that foreigners might encounter in the process of purchasing real estate. From negotiating with sellers, to complying with legal and regulatory aspects of international money transfers, to clearing problematic titles, to handling title registrations in Chile. Spencer Global has successfully handled millions of dollars of property purchases across Chile for foreign citizens that both reside in Chile or simply wish to invest in real estate in Chile. From small beachfront retirement properties to million dollar commercial tourism lodges, Spencer Global is an internationally recognized authority on the real estate market in Chile.
Real Estate Services in Chile:
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Promissory Agreements
Sales and Purchase agreements
Title Reports
Title registration
Powers of Attorney
Property Appraisals
Mortgages and leans
Chile RUT numbers
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Property Tax Payments
Lease agreements
Title regularization
Property subdivisions
Building permits
Contract Negotiation
Real Estate Auctions
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Real Estate Law in Chile
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Real Estate Agents in Chile work very different from what most Expats in Chile or Foreigners wishing to buy land or property might expect coming from places like the United States and Europe. Most importantly real estate agents in Chile are completely unregulated. Anyone can be a real estate agent in Chile. We would like to explain briefly what real estate agents do and do not do in Chile, and how to plan accordingly for dealing with real estate agents when buying property in Chile as a foreigner.
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Read More: Real Estate Agents in Chile
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Real Estate Law in Chile
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Why title insurance is not required or used when buying real estate in Chile, and why a title insurance policy or title insurance company in Chile will almost never need to pay out under the Chilean legal system when buying or selling real estate in Chile.
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Read More: Chile Title Insurance
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Real Estate Law in Chile
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Before buying real estate or property in Chile you 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 30 years in some cases when all the possible statute of limitations expire. Without a title search, you may not even know if you are buying the same property or if the seller is really the owner. Often a proper contract can not be drafted without a full title search, and any problems corrected first. 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 the property is really yours, or at least know what sort of problems you are buying. Chilean attorney Zandra Valenzuela in this article will explains the basic steps and documents that should be included in a complete title search in Chile.
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Read More: Real Estate Title Searches in Chile
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Real Estate Law in Chile
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Real Estate property taxes are common to 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 including very large properties, they are exempt completely from property tax. Chilean Attorney at law Zandra Valenzuela explains the basics of real estate property tax in Chile in this article.
The Chilean tax system is overall well organized, fair, and transparent. We hope in this article to give you just the basics of how property tax works in Chile, so that you can at least know what it is you are asking for when talking to an expert. As always, we advise you to seek professional assistance in relation to taxes and any legal matter.
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Read More: Property tax in Chile
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