Chile Retirement Visa

The Chile Retirement Visa is a popular option for individuals who wish to retire or live in Chile while receiving periodic income. This type of visa is not exclusive to retirees, meaning that you can be of any age as long as you meet the visa requirements.

To obtain a Chile Retirement Visa, you must demonstrate that you have sufficient income to cover your expenses while living in Chile. Chilean Immigration accepts various sources of periodic income, such as pensions, social security, rental income from real estate, annuities, and others. The amount of income required may vary depending on your individual circumstances and the type of visa you apply for.

The cost of living in Chile is relatively affordable compared to other countries, making it an attractive option for retirees. Chile is known for its natural beauty, including the Andes Mountains, Pacific coastline, and stunning landscapes. Additionally, the country has a stable economy and political system, making it a safe and secure place to live.

One of the benefits of the Chile Retirement Visa is that it allows you to bring your spouse and dependents with you to Chile. Your spouse will also be able to work in Chile if they obtain a work permit. Furthermore, after living in Chile for five years with a Chile Retirement Visa, you may be eligible to apply for permanent residency.

To apply for a Chile Retirement Visa, you will need to provide several documents, including a criminal background check, proof of income, and a medical certificate. You may also need to provide other documents, depending on your individual circumstances.

The process of obtaining a Chile Retirement Visa can take several months, and it is essential to ensure that you have all the required documents and information before applying. Working with an immigration lawyer or consultant can be helpful in navigating the application process and ensuring that your application is complete.

The Chile Retirement Visa is an attractive option for individuals who wish to retire or live in Chile while receiving periodic income. The visa requirements are relatively straightforward, and the cost of living is affordable, making Chile an excellent place to spend your retirement years.

Who Can Get a Retirement and Periodic Income Visa in Chile?

The Chile Retirement and Periodic Income Visa is a type of visa that allows individuals to retire or live in Chile while receiving periodic income to support themselves. This visa is not exclusive to retired individuals, meaning that you can be of any age as long as you can prove that you receive periodic income to cover your expenses while living in Chile.

Chilean Immigration accepts various sources of periodic income such as pensions, social security, rental income from real estate, annuities, among others. Therefore, if you receive income from any of these sources, you may be eligible for the Chile Retirement and Periodic Income Visa.

The retirement age in Chile is 65 for men and 60 for women, but you can retire earlier if you have the necessary income to support yourself. Chile is a popular destination for retirees due to its affordable cost of living, beautiful scenery, and pleasant climate. Obtaining a Chile Retirement and Periodic Income Visa is a simple process that involves demonstrating that you have sufficient income to cover your expenses and that you have no criminal record.

Requirements for Chile Retirement Visa

To apply for a Chile Retirement Visa, you will be required to submit specific documents through the online application process. These documents include:

Original Passport: Your passport must be valid for at least six months beyond the date of your intended travel to Chile.

Police Clearance: You must provide a legalized police certificate that was issued within the last 60 days. The certificate must confirm that you have no criminal record in any jurisdiction.

Medical Report: You must obtain a full medical report issued within the last 60 days to prove that you are in good health condition. The medical certificate must be legalized.

Marriage Certificate (if applicable): If you are married, you must provide your marriage certificate.

Proof of Recurring Income: You must provide evidence of a steady stream of income to support yourself during your stay in Chile.

It is important to note that all the documents mentioned above must be original, legalized, and scanned before submission. This means that you need to have the documents notarized or authenticated by the appropriate authorities to ensure that they are legally recognized in Chile.

How to Apply for a Chile Retirement Visa?

To apply for a Chile Retirement Visa, you must follow these steps:

Gather and scan the necessary documents: You will need to gather and scan your passport, criminal record certificate, proof of income, and other relevant documents.

Create an account on the Ministry of Foreign Affairs website: If you don't have an account already, you will need to create one. You can do this by visiting the Ministry of Foreign Affairs website and selecting "Create Account." You will need to provide your email address, a username, and a password.

Fill out the online application form: Once you have logged into your account, you will need to fill out the online application form. This will require you to provide personal information, such as your name, address, and date of birth, as well as information about your retirement income.

Upload the required documents: You will need to upload scanned copies of your passport, criminal record certificate, proof of income, and other relevant documents. Make sure to name the files correctly (e.g., "Passport.pdf").

Submit your application: After you have filled out the application form and uploaded all of the necessary documents, you can submit your application.

Wait for approval: It may take several weeks or even months for your application to be reviewed and approved. Once it has been approved, you will receive a notification.

Enter Chile and register with the civil register: After you receive approval, you can enter Chile and register with the civil register to obtain your Chile Retirement Visa.

Note: The process for applying for a Periodic Income Visa is similar, but it is done entirely online before entering Chile.

How Much Does a Chile Retirement Visa Cost?

The cost of obtaining a Chile Retirement and Periodic Income Visa varies based on the applicant's nationality. Each country has a different fee set by the immigration services.

Depending on your country of origin, the visa fees can range from $20 to $700. For instance:

Countries

Fees

Albania

$140

Angola

$150

Austria

$100

Andorra

$100

Bahamas

$25

Brazil

$100

Belgium

$202

Canada

$265

Colombia

$282

Costa Rica

$650

Cuba

$88

Dominican Republic

$195

Ecuador

$450

France

$115

Honduras

$107

Japan

$55

Kosovo

$153

Luxembourg

$90

Malaysia

$35

Mexico

$286

Portugal

$85

United States

$205

India

$123

What Is the Duration of a Retirement Visa for Chile?

Individuals who obtain a Chile Retirement and Periodic Income Visa are granted a visa for a period of 12 months, which is renewable upon expiration. This means that retirees and individuals who receive periodic income can live in Chile for a year at a time and extend their stay by renewing their visa.

To renew a Chile Retirement and Periodic Income Visa, the applicant must meet the same eligibility requirements and provide updated documentation to demonstrate that they still have sufficient income to support themselves while living in Chile. The renewal process should be initiated before the current visa expires to avoid any issues with overstaying.

Renewing a Chile Retirement and Periodic Income Visa can provide retirees and individuals with peace of mind and the ability to continue living in Chile without interruption. Chile offers retirees and expats a unique lifestyle, excellent healthcare, and a relatively affordable cost of living. With the ability to renew the Retirement Visa, retirees can continue to enjoy these benefits and make Chile their long-term home.

Can I Bring My Family Members With Me?

However, applicants may be required to furnish certain additional documents along with their application, such as an original or certified copy of the marriage certificate, as well as the birth certificate of their family members.

The Chile Retirement visa is a great opportunity for individuals looking to spend their retirement years in Chile, a country known for its diverse landscape, beautiful scenery, and vibrant culture. This visa allows applicants to enjoy a peaceful and comfortable retirement in one of the most stable and prosperous countries in Latin America.

If you are interested in applying for a Chile Retirement visa, it is important to carefully review the application requirements and ensure that all necessary documents are submitted. This will help ensure a smooth and successful application process and will help you and your family members make a seamless transition to your new life in Chile.

How Much Does it Cost to Retire in Chile?

Chile has experienced significant growth in recent years, resulting in an increase in the cost of living. As a result, Chile is currently one of the most expensive countries in South America, making it crucial for those considering retirement in Chile to have adequate funds. The estimated monthly cost for a single person in Chile is approximately $600, exclusive of rent.

If you are looking for more affordable options, it is advisable to avoid larger cities like Santiago, Valdivia, Puerto Montt, Antofagasta, or Iquique, where living expenses tend to be higher. Instead, opting for a city in the southern regions of Chile may be more budget-friendly. Valparaiso, for instance, is a great choice for retirees who prefer to spend less on living expenses while enjoying the benefits of retirement in Chile.

Chile is considered to be one of the most expensive countries in South America. The cost of living in Chile varies based on the region, but here is an overview of the average living costs:

ACCOMMODATION

Monthly Cost

Apartment (1 bedroom) in City Centre

$415

Apartment (1 bedroom) Outside of Centre

$355

Apartment (3 bedrooms) in City Centre

$720

Apartment (3 bedrooms) Outside of Centre

$620

FOOD

Costs

Milk

$1.03

Rice

$1.26

Eggs

$2.50

Tomato

$1.50 

Potato

$1.10

Apples (kg)

$1.60

UTILITIES

Monthly Costs (85m2)

Electricity, Water, Heating, Cooling, Garbage

$125

Frequently Asked Questions

To be eligible for a Chile Retirement Visa, you must be over 18 years old, retired, and have a pension or other stable retirement income of at least $1,000 per month.

A Chile Retirement Visa is valid for one year and can be renewed annually.

No, a Chile Retirement Visa is for retirees who do not plan to work in Chile. If you want to work in Chile, you will need to obtain a different type of visa.

You will need to provide a valid passport, a criminal record certificate, proof of retirement income, and other relevant documents.

It may take several weeks or even months to process a Chile Retirement Visa, so it is recommended to apply well in advance of your planned travel dates.

Yes, you can bring your spouse and dependents with you, but they will need to apply for their own visas.

No, you must apply for a Chile Retirement Visa from outside of Chile at a Chilean consulate or embassy.

Yes, you can travel outside of Chile while on a Retirement Visa, but you must ensure that your visa remains valid and that you have the necessary documentation to re-enter Chile.