Work permission comes before the contract
Work-based temporary residence is normally requested from abroad. Do not plan an automatic tourist-to-work conversion. Temporary-residence dependants may work.
Temporary residence for paid activity. Apply from abroad, up to 2 years; job-offer cases have separate deadlines
Check permitted activityForeign-company employees, freelancers, local employees and owner-directors are different legal scenarios. Company registration does not automatically authorize personally working for that company.
When tax obligations arise
Tax residence
Over 183 days in any 12 months; domicile may arise earlier.
Residence ruleRates & limitations
Foreign nationals generally pay on Chile-source income for their first 3 years, then worldwide income. Work done from Chile may be Chile-source despite a foreign payer. Not three tax-free years.
Tax authority sourceRates are marginal: they apply to the relevant slice of taxable income, not all earnings. A foreign client, crypto payment or offshore account does not automatically make income tax-free. Social contributions, VAT, deductions and treaties need separate analysis.
What to bring to a bank
- Passport and immigration-status evidence; local identification number if required.
- Address evidence: lease, registration or utility bill as specified by the chosen bank.
- Tax IDs and tax-residence countries; CRS/FATCA self-certification when requested.
- Regular income evidence: employment contract and recent payslips, or freelance agreements, invoices and statements.
- Origin of savings: statement trail, property sale or inheritance records. For crypto, keep purchase, trade and withdrawal history—not just a wallet balance.
Prepare contracts, statements, tax numbers and source-of-funds evidence. Banking eligibility and tax residence do not arise automatically with a visa. This is a preparation pack, not an account-opening guarantee.
Crypto: country rules, payments & cash-outWork, business & investment
Before buying a business, separately verify debt, licenses, staff, lease, accounts and your residence basis. A purchase agreement does not replace immigration approval. When networking, check the legal entity and counterpart's track record before transferring funds.
Work, business & investment routes