How to Buy Property in Santiago de Chile
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Loading... - Sofia Castro
- 22 Feb 2023
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Over recent decades, the housing market in the Chilean capital Santiago has seen steady growth amid a generally high level of prosperity in the country, making it one of the most lucrative real estate markets in Latin America. As such, a popular choice among investors is to buy property in Santiago, including as a potentially profitable alternative to renting among those whose primary intention is to incorporate a company in Chile or otherwise do business in the country unrelated to real estate.
Chile boasts Latin America’s fourth-largest economy, recording a gross domestic product (GDP) of $294 billion in 2019 (all figures in USD). That same year, the country also recorded a gross national income (GNI) of $15,010 per capita — making it a high-income country, according to the World Bank standards. The Andean nation also ranks first among Latin American nations in the 2020 editions of the United Nations Human Development Index (HDI) and Gender Development Index (GDI), while having one of the highest rates of academic coverage in the region. Read More..
