Are foreigners allowed to own property in Santiago?
When we asked expats in Santiago if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in Santiago. There are no specific restrictions on foreign property ownership in the country. Foreigners can purchase property in Chile by obtaining a tax identification number known as a RUT, which is required for the property registration process. Once the RUT is obtained, foreigners can buy, sell, and invest in real estate in Santiago and other parts of Chile, just like Chilean citizens. However, it is essential to work with a local attorney and notary to ensure that all legal requirements are met and the property transaction is carried out smoothly," explained one expat living in Santiago, Chile.
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Are foreigners allowed to own property in Santiago?
If you live in Santiago, newcomers to Santiago would love to hear your answer to this question:
