Establishing Business in Chile and Peru

Abstract

Being able to establish a business in Chile or Peru is an opportunity waiting to happen. Both countries have demonstrated over the most recent decades their ability to grow, innovate and reach levels of economic development that were not thought of in the latter part of the twentieth century. Both countries are sustaining their growth and development. Peru has had some political turbulence with its President Pablo Kuczynski having to resign because of his involvement in financial scandal. His successor, President Martin Vizcarra appears to have gained control of the country and is on a positive trajectory toward goal attainment. For businesses who are interested in international foreign investment seeking out opportunities in Peru or Chile has a variety of prospects. While there are opportunities there are some major challenges that every investor has to consider before a decision is made to invest in property, products or services in Chile or Peru. Later in this chapter, we will talk about some of the major issues that investors will face as they make decision about investing in these countries.