What do I need to know when buying property in Chile?
When we asked expats what advice they would give a foreigner before buying a property in Chile, they said...
"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to hire a lawyer to help with the legal aspects of the purchase. 3. It is important to understand the tax implications of buying property in Chile. 4. It is important to understand the local zoning laws and regulations before making a purchase. 5. It is important to understand the financing options available for purchasing property in Chile. 6. It is important to understand the process of transferring the title of the property to the new owner. 7. It is important to understand the process of registering the property with the local government. 8. It is important to understand the process of obtaining a mortgage in Chile. 9. It is important to understand the process of obtaining insurance for the property. 10. It is important to understand the process of obtaining permits and licenses for the property," explained one expat living in Chile.
Other Questions:
- What should I pack when moving to Chile?
- Where should I setup a bank account in Chile?
- Will I be able to find a job in Chile?
- What is life like in Chile?
- What do expats in Chile appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Chile?
- Is there a lot of diversity? Are people in Chile accepting of differences?
- What are the schools in Chile like?
- What are healthcare services like in Chile?
- What are medical services in Chile like?
- Are healthcare and health insurance expensive in Chile?
- What are emergency services like in Chile?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Chile?
- How are local medical facilities in Chile?
- As a foreigner living in Chile, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
What do I need to know when buying property in Chile?
If you live in Chile, newcomers to Chile would love to hear your answer to this question: