Ok not necessarily the biggest con, my goal was to blindly list the pros and cons so that each person can check the ones that matter most according to personal circunstances.admin wrote: ↑Thu Mar 05, 2020 3:15 pmjust on the tax, it get's higher if you want to take money out of the country as a non-citizen; even then there are a bunch of mitigating circumstances to cut the bill.PXYC wrote: ↑Thu Mar 05, 2020 3:08 pmCONs having Chilean citizenship:
- if you are a citizen of Chile, you can't withdraw your AFP funds. note that retirement laws are likely to change (demographics, social crisis, political changes).
PROs on having Chilean citizenship:
- if you want to sell a house that you own, your profits will be taxed much heavier when you don't have a Chilean citizenship.
I would appreciate if contributors could keep this type of structured scheme, it is much easier to go trough a list when making a decision (I'll have to make it myself in 3 years).
That said, a little bit of tax is a terrible reason to make or break a decision about citizenship. perhaps a consideration, or if there is a lot of tax, but hardly a deal breaker.