Canadian buying in Chile

3 Replies

Hi all,

Been doing alot of research on the matter, and was wondering if anyone (especially fellow Canadians, namely Quebec)  have ever bought any real estate in Chile. My wife was born in Canada and is going for a dual citizienship in Chile (Chilean family). We noticed how very inexpensive it is to purchase there, yet the cost of living very high.

We spoke to a relative who lives over there who also rents out a place and hires a property managing firm that ensures the rent is paid and all is in good condition at a very reasonable rate. We were thinking of doing the same. We will still reside here in Canada, but my wife will be going over there 1-2X a year. 

Was wondering if anyone else out there has done this, and any potential issues to look out for? Also perhaps even any private lenders who specialize in foreign investments? 

Thank you for your time!
Wes Derequito

Originally posted by @Wes Derequito :

Hi all,

Been doing alot of research on the matter, and was wondering if anyone (especially fellow Canadians, namely Quebec)  have ever bought any real estate in Chile. My wife was born in Canada and is going for a dual citizienship in Chile (Chilean family). We noticed how very inexpensive it is to purchase there, yet the cost of living very high.

We spoke to a relative who lives over there who also rents out a place and hires a property managing firm that ensures the rent is paid and all is in good condition at a very reasonable rate. We were thinking of doing the same. We will still reside here in Canada, but my wife will be going over there 1-2X a year. 

Was wondering if anyone else out there has done this, and any potential issues to look out for? Also perhaps even any private lenders who specialize in foreign investments? 

Thank you for your time!
Wes Derequito

 Wes, I'm not Canadian and I'm not in a position to answer your question but I would love to know the outcome. Definitely keep in touch and stay with it. What websites have you been using to find properties in Chile & do you know the name of the Chilean property management firm that your relative uses?

Wes, Dominic,

I am a realtor in Santiago, Chile. I will be happy to answer any questions you may have. Please feel free to e-mail me ([email protected]) or let me know when you are here and we can meet up. Real Estate in Chile works very different to other countries, so you have to be a little careful. 

Hoping to hear from you soon, 

Anja.

PS: You can see more of my work here: www.vidaustralis.com

Originally posted by @Account Closed :

Wes, Dominic,

I am a realtor in Santiago, Chile. I will be happy to answer any questions you may have. Please feel free to e-mail me ([email protected]) or let me know when you are here and we can meet up. Real Estate in Chile works very different to other countries, so you have to be a little careful. 

Hoping to hear from you soon, 

Anja.

PS: You can see more of my work here: www.vidaustralis.com

I apologize I didn't see this before now. I'll check out your website and be in touch soon. Thank you very much for reaching out and making your voice heard here! I greatly appreciate it.