Chile: Startup Chile (Startup Visa)
Startup Chile helps new businesses that would benefit Chile move there permanently by offering visas, equity-free funding, co-working space, software, services, extensive training, networking support, plane tickets, and other perks.
Benefits
- Bring family
- Visas for team
- Funding offered
- Business and relocation support
- Renewable
- Among the world’s largest startup ecosystems
Introduction
Startups that are accepted into one of Startup Chile’s programs receive visas for their founders, staff, and family members, as well as equity-free funding and business support.
Forbes once called Chile the “The best country for business in Latin America,” thanks in part to its business-friendly government, low taxation, talented workforce, and low cost of living. Chile was also ranked 6th on the index for female entrepreneurs.
Combining these factors and the incredible support provided by Startup Chile, this program is a great match for businesses that hope to make a permanent home in Chile and contribute to its economy.
Internet Speed
Fixed broadband: 209.45 Mbps download/142.16 Mbps upload
Mobile: 20.27 Mbps download/12.17 Mbps upload
Cost of living
No. 65 globally
Requirements
Startup must be accepted by the Startup Chile program. To be accepted, the startup should add value to Chile and fit the local startup ecosystem.
Startup must be tech based, innovative, scalable, and make economic impact.
Visa renewal and access to 2nd round funding depends on performance and fit.
Startup Chile has three programs:
- Build—Pre-acceleration program for early-stage startups with 50%+ female founders
- Ignite—Acceleration program for startups with a functional product and early-stage evaluation)
- Growth—Scale program for existing tech and innovative startups
Fees
- This visa costs $50+, but costs for founders are reimbursed by Startup Chile.
Application Process
Apply through Startup Chile.
If you are accepted, Startup Chile will give you an invitation letter and visa code.
Use these to apply for a Temporary Resident Visa from the Chilean embassy or consulate in your home country, or online. Founders named on the application and immediate family members can also apply for a visa.
Upon receiving your visa, you can travel to Chile and enroll in your program.
Documents Required
Documents required may include:
To apply to Startup Chile—
- Passport
- Reference letter from mentor, colleague, teacher, fellow entrepreneur, or client
- 90 second video
- Detailed information about your startup
For the Temporary Resident Visa—
- Passport
- Police check completed in past 60 days
- Medical certificate
- Proof of health insurance in Chile
- Proof of financial means of support
Other documents may be requested.
