
What is the World’s Best Citizenship Combo?
Here’s a question that sounds simple until you really try answering it: What’s the world’s best citizenship combo?
Chile offers temporary residence permits to foreign individuals who either make an investment in excess of US$500,000 in the country. This visa is also available to senior managers employed in a foreign-owned company in Chile.
After two years of holding a temporary Chilean residence permit, the individual can convert their visas to a permanent residence permit.
Following five years of continuous residency in Chile, subject to having spent most of their time in the country, applicants are eligible for Chilean citizenship.
Chilean citizenship comes with a global top 20 passport in terms of visa-free travel, and the right to reside permanently within South America’s Mercosur area.
To qualify for Chile’s Investor Visa, the applicant must either:
In principle, there is no restriction regarding the asset class, though the applicant will need to obtain a letter of support from the Chilean Foreign Investment Agency.
Those aiming to ultimately obtain Chilean citizenship should follow the below steps.
After holding a temporary Investor for 2 years, the person may apply for permanent residency.
Permanent residency is valid indefinitely as long as the individual is not absent from Chile for more than two consecutive years. The PR card itself is valid for five years, but is renewable.
After five years of residency in Chile, the applicant is eligible for citizenship, subject to proficiency in Spanish language and the passing of a civics exam.
In practice, the process to obtain the nationality can take up to 2 years.
Browse 195 countries’ paths to citizenship in the hyper-detailed IMI Citizenship Catalog.
Applications for this program may be directed to National Migration Service.
Legislation upon which this program is based Law No. 21.325 Migration and Aliens Act 2021.
As noted in the program qualifications above, an investor can qualify for this program with a local property purchase above the minimum investment threshold. View eligible properties curated by IMI and our real estate partners:

Here’s a question that sounds simple until you really try answering it: What’s the world’s best citizenship combo?

“Chile has the reputation and stability. What’s missing is action,” writes María Esperanza Schorr Donoso.

According to Alexey Nosovsky, head of iWorld’s legal department, families are increasingly considering birthing programs in Latin America.
See more statistics on this program and others in the IMI Data Center.