Santiago Chile - South America

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About the location – description of the city, neighborhood – information in economy of the region and why to invest in Santiago Chile, interesting links for more information.

METROPOLITAN REGION OF SANTIAGO CHILE:

Over 4.5 million people live in Chile´s capital, Santiago. Its is one of the most modern cities of South America. This modernity reflects on its building, subway and big green areas. This is a place you cannot forget to visit.

Only two hours away from the sea coast, you will find a city that combines urban and suburban settlement, with a beautiful view of the Cordillera de los Andes.

In Santiago you can get anything you want because it has a lot of commercial activity.

Start the journey to the capital of Chile by clicking on the following titles:

Calan Observatory
Mountains an hills
Technical data
Folklore
Gastronomy
Hotels
Lakes and lagoons
Main attractions
Snow
Parks and nature reserves
Rent a car
Rivers
Lodging
Temple of Maipú
Termal
Adventure Tourism
Vineyards

V Region Valparaiso:

Due to its proximity to the nation´s capital, the Region of Valparaiso has always been the most visited by tourists from all the world.
Located less than two hours away from Santiago, it counts with beautiful beaches, as well as agricultural zones that are constantly visited by tourists.
All the year it has great cultural, gastronomical and artistic activity. This city has in one place all the services of a great metropolis or world capital.

Visit through the following guide this mythical and beautiful place:

Technical Data
Folklore and traditions
Gastronomy
Historical places and national monuments
Snow
National parks
Beaches
Santa Teresita de Los Andes Sanctuary
Thermal Baths
Adventure Tourism
Hotels
Hostellings
Transfer

 Chile is an incredible country that has a lot of opportunities for business. Its economy is stable, inflation is very low and it is now considered to be one of the best places to invest and do business in all of Latin America. With many free trade agreements having come into effect (USA, Europe), Chile is on the threshold of a very bright future.

Chile has world class industries in relevant sectors: Copper Mining, Forest products, Fruit, Fishing, winery, sea fruits, Salmon. Chile is also a technologically avid country.

Chile has emerged as one of Latin America’s most popular tourist destinations. During 2003, two prestigious British newspapers -The Observer and The Guardianpresented Chile with the Travel Award 2003, after readers identified it as their favorite long-haul destination.

This recognition serves to confirm that our efforts point in the right direction. Chile is competing internationally as a destination for nature and specialinterest tourism, precisely those areas in which world demand is increasing constantly.

Chile is, in fact, a nature reserve in its own right, still largely unexplored and in its original state. Its geographic location in one of the earth’s most remote places, bounded by the Andes Mountains and bathed by the Pacific Ocean, makes it a highly attractive destination for the world’s modern adventurers.

Chile also offers an unusual variety of landscape, climate and vegetation, spread along the length of its territory. In the north, white sand beaches contrast with the arid Atacama Desert -the driest place on earth and the home of ancient cultures- while the area’s skies, known as some of the clearest in the world, offer a privileged window on the complexity of the universe.

Moving south, the Mediterranean landscape of central Chile offers fertile valleys, seaside resorts and centers for winter sports. This is the area that produces most of the splendid wines for which Chile has become internationally famous. And the magnificent south is home to volcanoes, rivers, glaciers and centuries-old woods that -in increasing splendor- extend down to the virgin beauty of Patagonia and the vast expanses of the Antarctic.

The islands off the coast of Chile are best known for the exotic beauty of Easter Island, the magic of Chiloé and the unique vegetation of the Juan Fernández Archipelago.

Set against this natural backdrop, a number of special-interest tourist activities enjoy important growth potential. These include fishing, rafting, mountain climbing, trekking, water sports and astronomy, as well as nature tourism and expeditions to volcanoes and glaciers.

However, despite the rapid growth of tourism in Chile -as reflected both in the number of foreign visitors and in new investment projects- the industry is only at a very early stage of its development. As a result, many of the country’s beauty spots are still unexplored and virtually unexploited as a tourist destination.

That is why Chile offers such favorable opportunities for tourist businesses and investors. The development of products for demanding international markets, their promotion and the installation of the necessary infrastructure are all areas that are ripe for enterprising entrepreneurs with the vision to realize the full potential of these assets.

Adding to these advantages, Chile offers political and economic stability, with excellent health and sanitary conditions and high-standard telecommunications, as well as frequent air connections to the rest of the world, and excellent facilities for internal travel.

For these reasons, the government of Chile, aware of the value of the country’s natural attractions, aims to transform these assets into progress for all Chileans. To this end, it welcomes foreign investors, offering them the guarantees they need to develop their projects.

Chile's business environment is the result of a policy-driven strategy that has focused on building sound macroeconomic fundamentals and strong institutions, promoting competition and international integration, and creating a fairer society in which all citizens benefit from economic development.

Economic growth has been accompanied by decreasing inflation, a sharp drop in public debt, stable external accounts and strong international reserves. This achievement is the result of Chile's commitment to economic liberalization and free-market policies, as well as of its pledge to maintain sound and responsible economic management.

These comparative advantages are further enhanced by Chile's open economy, which has meant greater competitiveness, lower tariffs, increasing levels of foreign trade and rapid integration into world markets. Moreover, the country's modern telecommunications system, its internationally competitive and solid banking sector, high-standard public infrastructure, excellent quality of services and ample availability of qualified workers are key factors that also favorably impress foreign investors.

As a result, Chile possesses a very attractive and dynamic business environment. According to the latest Business Environment Rankings published by The Economist Intelligence Unit (EIU), Chile is the best country in Latin America to conduct business over the next five years. Obtaining a 8.02 score on a scale of 1 to 10, the country ranked in 19th place among 60 economies.

The EIU Business Environment Rankings is led by Denmark, Canada, and the US. Chile appears better rated than Spain, South Korea, the Czech Republic, Japan, Poland, Malaysia and China, among others.

The Economist Intelligence Unit global business ranking model is applied to the world's 60 largest economies, which account for more than 95% of global output, trade and FDI. It measures the quality or attractiveness of the business environment and its key components. The model considers 70 factors, across 10 categories, which affect the opportunities for, and hindrances to, the conduct of business.

This positive business environment reflects the thrust of the public policies that Chile has implemented since 1990, particularly in four priority areas:

Political Stability: Since democracy was restored in 1990, Chile has enjoyed a period of political stability during which representative government has gradually gained in strength and depth. A center-left coalition -Concertación por la Democracia- formed in the 1980's, has held office since 1990, while a conservative coalition -Alianza por Chile- sits in opposition. Smaller groups, including the Communist Party, stand in elections and represent minority interests.

President Lagos ends his six-year term in March 2006 and, under Chile's Constitution, cannot stand for immediate re-election. In January of 2006, the candidate of Concertación and former Minister of Health and Defense, Michelle Bachelet, won the latest Presidential election, becoming the first female President in Chile’s history.  Ms. Bachelet will be sworn in office on March 11, 2006.

Political and economic rights are further guaranteed by an independent judicial system that is currently being modernized to further expedite access to justice and to reduce trial times. Since 1990, restrictions on press freedom have been removed and civil liberties have also been enhanced.

Modernization of the State: In early 2003, the government took important measures to increase the efficiency of the public administration and to ensure transparent government. In a bid to lay the foundation of a professional, career-driven civil service, the reform introduced new performance-based incentives, increased the opportunities for promotion on merit rather than seniority, and will reduce the number of political appointees in public posts from 3,500 to 650. Top posts in the public administration are being filled competitively within the framework of a new system headed by the Civil Service Directorate.

In a parallel initiative, Congress also approved a law to regulate the financing of political parties and election campaigns.

Economic Freedom: In the late 1970's and 1980's, Chile pioneered structural reforms in Latin America, setting up an emblematic private pension fund system that was later adopted by many other countries. Since 1990, ongoing privatization, a public works concessions program in the form of Public-Private Partnerships (PPP), reductions in import tariffs and -more recently- a far-reaching deregulation of the country's capital and financial markets, have taken this process even further. In addition, in 2004, a Fair Competition Tribunal, whose members are selected competitively in a process managed by the Supreme Court and the Central Bank, was created to replace the former anti-trust commissions and reinforce free competition and, in early 2005, a new law strengthened protection of industrial property rights, incorporating TRIPS standards. Reflecting the importance that Chile attaches to economic freedom, it appears in leading positions in Economic Freedom Rankings by the US-based Heritage Foundation (11th out of 155 economies) and Canada's Fraser Institute (20th out of 127 economies).

Social Cohesion: Since 1990, high economic growth and active social investment policies have gone a long way to reduce poverty. In 1990, 39% of Chileans lived below the poverty line, but by 2003, this had dropped to 18%. In an additional move to improve social welfare, the government set up an unemployment insurance scheme, which started operations in October 2002.

President Lagos' social agenda also included a major overhaul of Chile's health system, an ongoing educational reform, and the Chile Solidario project, targeting the country's poorest families. These programs are designed not only to improve productivity and increase Chile's competitiveness but -primarily- to ensure that all the country's citizens share in the benefits of economic growth.

The International Monetary Fund (IMF) drew attention to these advances in a report published in 2004. In the report, it also noted Chile's efforts to sustain high economic growth, partly through the implementation of a Pro-Growth Agenda --reforms that address various constraints on growth and seek to reduce regulatory uncertainty in key sectors-- and that this process is accompanied by active public debate on raising educational standards, increasing labor productivity, and improving income distribution.

Chile's attractive business environment was also reflected in a ranking of the Best Cities to do Business in Latin America, published in May 2005 by the AméricaEconomía business magazine. Santiago led the ranking, ahead of Miami, for the second consecutive year. The study, based on studies by different international consultancy firms and a survey of almost 1,400 businesspeople, compared the costs and benefits of different locations and found that Santiago is the city that adds most value to a business, as well as offering the best combination of quality of life, business potential, and professional development.

Among the 40 cities considered in the ranking, Santiago was identified as having the most competitive telecommunications services, by far the lowest homicide rate and, after Monterrey, the best international convention centers and hotel infrastructure. In addition, the report underlined the city's attention to transport infrastructure and its important edge in this field, pointing out that this benefits both commuters and business visitors.

In 2005, The Economist Intelligence Unit (EIU) ranked Chile as one of the 15 most attractive locations for offshoring out of 60 of the world's key economies. In the study, the EIU used a new model to compare nine separate criteria of attractiveness, including proximity, political and security risks, macroeconomic stability, regulatory environment, tax regime, labor regulation, labor costs, labor skills and infrastructure. The report emphasizes that "Chile outshines its neighbors, luring investment with educated workers and strong IT skills", adding that "according to UNCTAD's data, Chile is currently the strongest performing Latin American country, with 0.9 projects per million people, and it is the only Latin American country to make it into the top 15 countries in the rankings model".

In addition, according to A.T. Kearney, a US-based management consulting firm, Chile scores well, as compared with other countries worldwide, as an offshore location for multinational companies. In Kearney’s 2005 Offshore Location Attractiveness Index, Chile ranked 8 th out of the 40 best destinations in the world and is the only Spanish-speaking country included in the top ten.

Links for more information:

http://www.pld.cl/pldprog/

http://www.lobarnechea.cl/municipalidad/info_turismo.shtm

Snow parks at just One hour and half:

http://www.elcolorado.cl/plan_de_pistas/plan_de_pistas.htm

http://www.skilaparva.cl/pags_i/cont_map.html

http://www.vallenevado.com/eng_index.html

The house is for instant sale at EUR $ 911,000

Your inquires e-mail to: