Legal source: Agencia de Promoción de la Inversión Extranjera (InvestChile)
The Foreign Investor Certificate, issued by InvestChile, confirms to banks and counterparties that an investment qualifies under Law 20.848. It is not mandatory to invest in Chile and does not grant tax stability — it’s a certifying document that facilitates banking procedures, not a contract with the State.
InvestChile is the state agency created under Law 20.848 to promote and attract foreign investment. Beyond its promotional role, it issues the Foreign Investor Certificate.
What is the Foreign Investor Certificate for?
The certificate confirms to third parties — banks, commercial counterparts, authorities — that an investment qualifies under the Law 20.848 regime. It is not mandatory to invest in Chile, but it facilitates banking procedures and provides formal backing when institutions request evidence of the origin and status of funds.
How is it different from the former Decree Law 600?
Unlike the former foreign investment contract under Decree Law 600, the InvestChile certificate does not grant tax stability or special benefits — it is a certifying document, not a contract with the State.
How do you apply for the certificate?
The application is filed directly with InvestChile, providing background on the origin of funds and the planned transaction. Processing times and specific documentation requirements are confirmed on InvestChile’s official portal when starting the process, as they can vary by project type.
Frequently Asked Questions
No, it's optional, though it facilitates banking procedures.
No, it's a certifying document and does not grant tax stability.
InvestChile, the state foreign investment promotion agency.
How Izquierdo Deramond Consultores Can Help
At IDC we guide foreign investors through the entire process of entering Chile — legal, tax, accounting, and operational structure — as a single local team. If you’re evaluating an investment in Chile, let’s talk or reach us on WhatsApp.
Legal notice: This article is provided for general informational purposes only. It does not constitute legal, tax, accounting, or other professional advice, and should not be relied upon as a substitute for professional advice tailored to your specific situation. Cited rules may change; always verify the current version. To discuss your case, please contact Izquierdo Deramond Consultores.
