FREE: JOIN 100,000+ READERS   

≡ Menu
SOVEREIGN MAN

The US and UK are losing brilliant people to this country…

SantiagoBiz

December 3, 2012
Santiago, Chile

Chile is a great place to be an entrepreneur and start a business.

Perhaps the biggest reason is that it’s overly abundant with compelling, lucrative opportunities. I would group these into three main categories:

1) Products and services targeting the domestic market.

Chile already has the most robust middle class in Latin America, and the aggregate wealth here is rising. You can see signs of buzzing commerce everywhere from the retail shops to luxury goods to restaurants and movie theaters.

Even in the small agricultural town near our farm, there’s a strong segment of the population that has disposable income for the first time ever. The restaurants and nightclubs in town are slammed on the weekends, and the nearby casino is packed with locals pretending like they know how to play poker.

Foreign brands here are seen as a sign of higher quality. As an example, there are several local pizza chains, but only a few foreign ones like Pizza Hut and Papa John’s. These are the ones viewed as ‘the best’.

In May 2012, there were only 4 or 5 Papa John’s locations in all of Chile. Today, just six months later, there are 13. This is because income levels have been rising… and as incomes have risen, demand for higher quality goods and services has been rising as well.

This entire market is wide open for smart, productive people.

 

2) Providing products and services for the rapidly growing market of foreign businesses and individuals in Chile.

In particular, the number of foreign businesses that are establishing offices, moving regional headquarters, and transplanting managers is rising; everyone from Google to Coca Cola is investing heavily in Chile because it is the most advanced, stable country in Latin America.

 

3) Selling Chilean-based products and services to the rest of the world.

This could mean agricultural commodities, fish, timber, minerals, etc. or even online products and services from an Internet business based in Chile.

I’m focusing on this category, specifically agricultural commodities. The soil quality in Chile’s central region is just as good as central California or Iowa. The production yields are very high… yet the cost of land is much, much lower.

This is an imbalance that I suspect the market will correct before too long.

But perhaps the best part about being an entrepreneur in Chile is how easy it is. This is a country, and government, that still respects productive people… whether business owners, workers, or professionals.

This past weekend, in fact, was the Common Pitch Chile entrepreneurship conference, featuring a number of prominent business owners. Curiously, Al Gore was the keynote speaker… because when you think ‘entrepreneurship’, you think ‘Al Gore’… right?

Anyhow, several of the speakers were talking about how easy it is for bright, productive minds to come to Chile. Immigration is a snap– you can start a company here and hire foreign workers right off the bat.

It’s also easy to obtain investment capital, and there are few regulations to frustrate the progress of business. No Obamacare, no Big Brother tax authority breathing down your neck.

Several of the speakers remarked how pitiful it was that the US and UK were losing sharp people and their brilliant ideas to Chile simply because nobody can get a visa anymore in those countries.

Chile makes it very, very easy. It’s opportunity meets simplicity… a very powerful combination that ought to be on your radar.

Our goal is simple: To help you achieve personal liberty and financial prosperity no matter what happens.

If you liked this post, please click the box below. You can watch a compelling video you’ll find very interesting.

Will you be prepared when everything we take for granted changes overnight?

Just think about this for a couple of minutes. What if the U.S. Dollar wasn’t the world’s reserve currency? Ponder that… what if…

Empires Rise, they peak, they decline, they collapse, this is the cycle of history.

This historical pattern has formed and is already underway in many parts of the world, including the United States.

Don’t be one of the millions of people who gets their savings, retirement, and investments wiped out.

Click the button below to watch the video.

About the author: Simon Black is an international investor, entrepreneur, permanent traveler, free man, and founder of Sovereign Man. His free daily e-letter and crash course is about using the experiences from his life and travels to help you achieve more freedom.

Comments on this entry are closed.

  • Mark

    Simon, I am a US born citizen and entrepreneur and I live here in Chile in the 8th region in Concepcion, and I have to tell you, I love your emails, and love your advice. I have never been so excited about the possibilities of living in such an abundant thriving country as Chile. Thanks for all the positive information you put out there to help us budding entrepreneurs on why this country is so great!!! I agree 100% the possibilities here are awesome!!!

    • li_bri

      Hi. May I ask what industry you are in? How long have you been in Chile? Do you have family with you or are you single?

    • Brian Corcoran

      Hey Mark, I live in Conce too!!! Call me at 90222405. I’ll meet you in the Plaza Independencia and well have lunch at Don Quixote’s.

  • http://pulse.yahoo.com/_MXL57AAJZAGRVZ2LOHVZQCTSUE Jack Allen

    Just for background, not that I can’t learn Spanish, but how well is English known and used in Chile?

Read previous post:
Travel South America
How to obtain a second passport

November 29, 2012 Santiago, Chile Over the past month, there's been a surge of interest in second passports: Google trends...

Close