Under Chilean regulations, 100% of the partners of an entity can be foreigners.
One of the legal representatives of the entity must be Chilean or a foreigner with a Chilean residence. However if you are a non-Chilean citizen, registering as a Chilean resident entitles you to the same benefits and rights as a Chilean citizen, which include:
It is easier and cheaper to obtain a permanent Chilean residency when you start a new business in Chile. For information on how to apply for Chilean residency, please go here. For further information, look here.
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