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ENLegal source: Boletín legislativo ingresado el 3 de marzo de 2026, modifica la Ley 20.848 — PENDIENTE DE VERIFICACIÓN POR IZQUIERDO DERAMOND CONSULTORES sobre su estado actual de tramitación
In March 2026, a bill was introduced in Congress that would let the State screen foreign investments in strategic sectors like electricity, water, or sensitive data before they proceed. It remains in the legislative process and is not law — the current regime remains Law 20.848 without this mechanism.
In March 2026, a bill was introduced in the Chilean Congress to amend Law 20.848 and create a state screening mechanism for certain foreign investments. This bill is not yet law — it remains in the legislative process, and the current regime remains Law 20.848 without this screening mechanism.
What does the bill propose?
According to its introductory text, the bill would allow the State to review foreign investments directed at sectors considered strategic — publicly mentioned examples include electricity, water, and sensitive data handling — before they materialize, using predefined technical criteria.
What would happen if the bill passes?
If approved in its current form, the State could require risk mitigation measures or, in exceptional cases, reject an investment in those specific sectors. The bill aims to align Chile with screening standards used in the European Union and the United States.
What should you do while the bill is pending?
If your investment targets a potentially sensitive sector, it is worth monitoring this bill’s progress before structuring the deal — though today no additional screening applies beyond what is already in force under Law 20.848.
Frequently Asked Questions
No, it remains in the legislative process since March 2026.
Electricity, water, and sensitive data handling, among those publicly mentioned.
No, today only Law 20.848 applies, without this mechanism.
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.