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Rank #94
Chile

Chile

LocationSouth America • UTC-4 • America/Santiago
Monthly Cost
$1,012
-54% vs USA
Internet
116 Mbps
Mobile Avg

Retirement and Income Visa

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Ideal for retirees and individuals with passive income, this visa allows long-term residence in Chile.

Min. Income

$1,000/month

Per Applicant

Min. Income

Processing

2–3 Months

Average Time

Processing

Validity

1 Year

Initial / Renewable

Validity

Citizenship

5 Years

Years to Apply

Citizenship
Info

Eligibility & Required Docs

Eligibility Requirements

  • CheckmarkProof of passive income
  • CheckmarkMinimum age requirement
  • CheckmarkClean criminal record

Required Documents

  • CheckmarkValid passport
  • CheckmarkProof of income
  • CheckmarkCriminal background check
Info

Residency Rules

Taxation

Residents are taxed on worldwide income. Non-residents are taxed only on Chilean-source income.

Physical Presence

Must spend at least 183 days per year in Chile to maintain residency status.

Info

Advantages

  • Low income requirement
  • Access to Chile's healthcare system
  • Path to permanent residency
Info

Disadvantages

  • Must renew annually
  • Potential language barrier
  • High cost of living in major cities

Compare with

UruguayRetirement Visa
EcuadorPensioner Visa
Costa RicaPensionado Visa