Is Chile the Next Top Citizenship by Investment Destination?

Chile has long stood out in Latin America. With a strong economy, low inflation, transparent governance, and one of the most powerful passports in the region, it already offers many of the things high-net-worth individuals (HNWIs) seek in a second citizenship. Yet it lacks one key asset: a formal citizenship-by-investment (CBI) programme.

This is not just a missed opportunity, it’s a strategic gap that Chile could quickly close. In doing so, it could position itself among the most desirable destinations globally for investors and entrepreneurs looking to secure both global mobility and long-term stability.

Before we discuss why Chile should launch a CBI programme, let’s look at what already makes it a top-tier destination for investors and global citizens.

• Political and Economic Stability
  Chile consistently ranks among the most stable countries in Latin America. Its democratic system, sound legal institutions, and independent judiciary have fostered a secure environment for business and personal wealth.
  • Inflation is well controlled, remaining significantly below the regional average.
  • A well-regulated financial sector offers confidence for international investors.
  • Transparent taxation laws and 30+ double tax treaties make Chile a strong choice for wealth planning.

• Global Mobility and Passport Strength
  Chileans enjoy visa-free or visa-on-arrival access to over 175 countries, including:
  • Schengen Area nations
  • United Kingdom
  • Japan
  • South Korea
  • Singapore
  • Australia
  • Access to the United States through the ESTA programme

This level of mobility is rare, especially in the Americas. Chile’s passport is consistently ranked among the strongest globally.

• Business-Friendly Environment
  Chile is one of the most open economies in the world:
  • 33 international trade agreements cover markets that make up over 80% of global GDP.
  • Foreign businesses can be started quickly with minimal red tape.
  • Investment incentives and a focus on free markets encourage long-term growth.

For business owners and investors looking to expand operations or hedge their risks with a strategic presence in Latin America, Chile is an ideal candidate.

Despite these advantages, Chile has yet to fully participate in the booming investment migration sector. Establishing a citizenship-by-investment programme would be a natural next step and one with clear economic and geopolitical rewards.

Attracting High-Value Investment

Across the globe, countries that have embraced investment migration programmes have reaped significant economic gains:

• Large-scale foreign direct investment
• Boosts in real estate, technology, infrastructure, and tourism sectors
• Diversification of the economy beyond traditional industries

Chile could structure its programme to encourage investments in strategic sectors such as:

• Renewable energy
• Sustainable tourism
• Education and healthcare
• Digital transformation and innovation

Becoming the First High-Tier CBI in South America

While other Latin American countries offer residency options, none have created a globally respected citizenship-by-investment programme that matches international benchmarks. Chile has the credibility and reputation to be the first.

With the right design, it could quickly position itself as the premium destination for investors seeking:

• A second citizenship with global access
• A stable place for family and wealth
• New business opportunities in a rising regional economy

This would attract top-tier global citizens, not just capital.

Responding to Global Demand

The world is changing. More than ever, global citizens want:

• Security in unpredictable times
• Mobility in a world of shifting regulations
• Access to growing, stable markets
• Jurisdictions that respect privacy and property rights

Chile already offers these advantages. A formal CBI programme would simply provide the structured path for people to access them while giving the country the resources to invest further in its future.

Introducing a CBI programme requires thoughtful planning and strong governance. Chile can learn from the successes and challenges of other countries to design a programme that works.

What Drives a Strong CBI Strategy

1. Rigorous due diligence: Only accept investors with clean records and verifiable wealth sources.
2. Clear legal framework: Legislation should define who qualifies, how they apply, and what they must invest in.
3. Targeted investment options: Funds should be directed toward long-term, high-impact areas, not just real estate speculation.
4. Transparency: Public trust and international credibility depend on clear reporting and oversight.

A successful programme would prioritize reputation over volume and ensure benefits for both Chile and its investors.

Launching a citizenship-by-investment programme is a strategic decision, but timing matters. Here’s why Chile is well-placed to act now:

1. Global Competition is Increasing
   • As more countries enter the investment migration market, the best investors have more choices. Delaying a launch could mean missing out on a wave of interest from HNWIs seeking second citizenships in stable, well-managed countries.
2. Post-Pandemic Mobility Planning
   • COVID-19 reshaped the way global citizens think about mobility and security. Investors are no longer only focused on returns, they’re focused on contingency. Chile offers a compelling solution for those looking to future-proof their families and businesses.
3. A New Source of Sustainable Capital
   • Chile is already respected in finance and global trade. A CBI programme would be another way to attract mission-driven capital from entrepreneurs, investors, and families who are seeking more than just financial returns, they want purpose and place.

A well-designed programme could help Chile attract a new generation of global citizens, those who see beyond passport power and are seeking long-term opportunities in countries that reflect their values.

What HNWIs Are Looking For

• Security and predictability
• Attractive tax and investment frameworks
• A place for family, legacy, and business
• The ability to contribute to meaningful economic developmen

Chile already meets these criteria. The missing piece is a structured, high-integrity programme that allows investors to participate with confidence.

When done right, citizenship-by-investment is not just about immediate capital. It’s about building a long-term national asset: a global community of citizens who are invested in the country’s success.

These citizens can bring:

• Business networks
• Innovative ideas
• Global exposure
• New industries and partnerships

For Chile, the return on this type of human capital could far exceed the initial investment.

Chile has all the ingredients needed to succeed in the investment migration space, economic credibility, passport power, infrastructure, and quality of life. With the right political vision, it can launch a citizenship-by-investment programme that adds real value to its economy and society.

For investors, business owners, and HNWIs looking for a secure second citizenship backed by a strong economy and global mobility, Chile could soon offer one of the most attractive solutions available anywhere in the world.

Ready to explore citizenship strategies that align with your global goals?

Connect with us to learn how you can position yourself and your legacy, in one of Latin America’s most promising destinations.