Chile This country is among South America’s success stories that are least publicized. For decades, the country has continually attempted to win the favors of foreign investors. All foreign investors in the country also enjoy the massive benefits that the Decree Law 600has to offer including being subjects to similar regulations as the native investors. This brings in more advantages for foreign nationals looking forward to invest in the country including a corporate income tax of 20%.A trade agreement between the South American countries saw to it that the tariffs in Chile are set to as low as 6% for almost every product. This saw a great improvement with imports into the country rising to about 30% during the first year of the agreement’s effect. Today, the country has trade agreements with so many other countries including China, Japan, Canada and some European countries.
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