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Getting money OUT of Chile

Chile Investment, how to invest in Chile, what to watch out for when investing, economic issues, currency exchange in Chile, and more.

Moderators: skyl4rk, Zvalenzuela

Getting money OUT of Chile

Postby direct on Thu Jul 19, 2007 10:34 am

I have searched this forum for information on this subject but cannot find anything. Maybe Chas or anybody else could help. I was talking to a friend the other day about moving to Chile very soon. She is coming with me and said that she might have a problem getting her money out of Brasil in order to move to Chile.
My question is: If I move to Chile and buy a house for example, and decide after a time that I want to move back to Australia, sell up, maybe even make a profit, what, if any, difficulties would I face?
direct
Rank: Chile Forum Tourist
 
Posts: 9
Joined: Sat Jul 07, 2007 9:50 pm
Location: Brasil

nothing special

Postby admin on Thu Jul 19, 2007 1:50 pm

There is nothing special, unless it is on the Australia end of things.

We resell properties for clients all the time, and the funds are just wired out of the country to their accounts.

Really it has been much easier to get money out, than to get money in to Chile because of the money laundering compliance rules (thanks to the U.S.A. banking laws Chile must meet).
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admin
Site Admin
 
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Joined: Sat Aug 26, 2006 11:02 pm
Location: Temuco, Chile

Cheers

Postby direct on Thu Jul 19, 2007 2:00 pm

Thanks Chas.
direct
Rank: Chile Forum Tourist
 
Posts: 9
Joined: Sat Jul 07, 2007 9:50 pm
Location: Brasil


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