Chilean Lawyer
@chilean_lawyer
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Follow my RE journey and learn about investing in the strongest Latam economy. Corporate and immigration lawyer and aspiring RE developer. DMs open!
Santiago, Chile
Joined August 2009
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🇨🇱 Greetings from a Chilean lawyer! I have a background in real estate, corporate law, and international law. Currently working on a tier 1 real estate law firm, but wanting to transition into a real estate investment career mixed with a legal practice (50/50).
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Best and worst things about every South American country
Argentina 🇦🇷:
⁃Best: passionate people.
⁃Worst: how irrational people are (were?) with regards to politics.
Brazil 🇧🇷:
⁃Best: joyful people.
⁃Worst: crime.
Bolivia 🇧🇴:
⁃Avoid at all costs.
Chile 🇨🇱:
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Traveling to Argentina can be a logistical nightmare.
I was in Villa La Angostura a month ago and we DESTROYED a tire from our rental car.
In Chile a tire costs 70-100 usd. We went to buy a new one and the cheapest one was 500 USD. WHAT? Tariffs…
So we asked for a national
Really hope these protectionist import taxes get nuked soon.
Difference between usd price in the US vs Argentina for certain products:
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Most developed country in LatAm by far, top 20 passport worldwide, good weather, good investment opportunities, super digitalized country (great when dealing with public bodies).
Oh, and the nature.
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Visit during November and December.
- Santiago is the capital city. Great places to eat and drink.
-Then head to Zapallar for the weekend (maybe similar to the Hamptons? Nice suburban beach near Santiago) or to the wines district (stay in hotels from famous vineyards).
-
@chilean_lawyer
Where should an American go in Chile to a) see the country on vacation - great experiences and b) check it out as a place to relocate.
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Santiago de Chile after the rain.
Video taken by me 🇨🇱.
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@jxstinheaven
@danimillar_
@Maggita78
@biobio
@TVN
@24HorasTVN
@ValdebenitoNata
@Chileokulto
@Cooperativa
@rvfradiopopular
@elfrente_amplio
Le estaba haciendo un striptease. Cuando entro a un templo budista me saco los zapatos. Me he puesto kippah al entrar a una sinagoga. SE LLAMA RESPETO. Partamos de ahi pq de lo contrario difícilmente erradicaremos la violencia, y solo nos terminaremos yendo de un extremo a otro.
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@ArjunJacobson
Bolivia is a sub-Saharan African country in the middle of LatAm. No regulations, rule of law, health standards whatsoever.
Several friends of mine have gone there and told me that it shouldn’t even be called a country hahaha.
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@BasedNikoBellic
Hahaha true to a point. Santiago can be a horrible or amazing city depending on how you experience it. Patagonia during the summer is the place to be, I would avoid Santiago entirely.
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@bethanyjbabcock
Terrible for people in Argentina. Ask one Argentinian how they manage the cash withdrawal limits. He told me they simply plan ahead of time for big purchases (300 USD). The whole family goes to the atm for several days a week before.
The views were worth it though!
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Portal Inmobiliario is the Chilean Zillow.
They just published their quarterly residential real estate report for Santiago, Chile. Here’s what I found interesting:
- Significant decrease in home and apartment sales prices in the Greater Santiago area, marking the most
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@tere_marinovic
Bajo esa lógica cada persona que quiera cambios profundos en el SENAME y en la forma en que tratamos a los niños como país debería recibir a niños en adopción.
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As Chileans, we are always critical of our country, but working with
@BowTiedGlobe
and similar resettlement/expat consultants has made me realize how big of a deal Chile still is in Latin America.
Stability, lower taxes, predictable legal rules and mechanisms to favor
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It never snows in Santiago so we are pretty excited (maybe once every three years).
Before and after vid. I took of the same street (30 min difference). What a beautiful city.
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@srebrin
Well it’s not like their economy works at all. They truly need an economic revolution.
Let’s hope they can withstand the subsequent economic shock (it’s a terrible dilemma but there is now way out).
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@TheKelseyMcR
Unless its a multigenerational compound, makes no sense. Townhouses with the price tag of a McMansion.
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@jxstinheaven
@danimillar_
@Maggita78
@biobio
@TVN
@24HorasTVN
@ValdebenitoNata
@Chileokulto
@Cooperativa
@rvfradiopopular
@elfrente_amplio
No estoy de acuerdo con el machismo ni con la religión, menos con la violencia que se ha visto que ambos generan, pero la violencia no se combate con más violencia. No porque ellos no respeten nos vamos a ver legitimados a no respetarlos. La revolución la concibo desde la paz.
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@Molson_Hart
500m under management probably means to FMV of the assets. 100m means deployed capital.
Just saying.
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@JuanTagleQ
Presidente, quizás el club podría hacer algo por este cruzado, aunque sea enviarle un par de camisetas de regalo. Duelen las imágenes.
#LosCruzados
@CruzadosSADP
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I love America but the individualism in some parts of the U.S. is unbelievable.
LatAm: family is everything, weekend family gatherings last for hours, long dinners. 60 yr olds help the 30 yr olds, the 15 yr old kids help with their younger 5 yr old cousins.
Urban America:
I know grandparents who charge $$ to babysit even for a few hours.
Millennials will hopefully bring back the 'generational' family living & helping each other through life.
I already tell my 4 kids (aged 2-9) regularly that they need to live near us so all grandkids, kids,
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@MarioH1997
@Bipolardo
En el nuevo orden mundial Alejandro Dominguez va a ser el dictador supremo y va a liderar nuestra liberación.
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Public debt in Chile reaches its all time high, with 40,7% of its GDP. This is fucking scary.
Comparison:
- United States: 123%.
- Brazil: 72,78%.
- Canada: 106%.
- Italy: 144%.
- Germany: 66%.
Heaven for an Austrian economics adept: Hong Kong: 2.1%. 🤤
Nueva señal de estrés fiscal: Deuda pública alcanza nivel máximo de 40,7% del PIB
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@SMB_Attorney
Happens in big law but solo practice has amazed me as the best path to follow to avoid this. You charge more for boutique artisanal work (can’t be commoditized legal work), you deliver prime results and since you charge more, you have the time to think every small detail through.
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@timellisau
For a family holiday you could consider Brazil (but please stay in the best neighborhoods and in the best hotels if you’ve never travelled to LatAm and you have kids).
Southern Chile during the summer is amazing and really safe, and you could combine it with Argentinian
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Chilean exceptionalism 🇨🇱
Map of Starlink terminals usage in North and South America 📡🌎
Most of the Southern Cone except for Chile still very empty
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@calvinfroedge
Several people renouncing their US citizenship because of global income taxes, and coming to Chile.
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@poncealejandra
@jreinosoi
@manecitalinda
@renenaranjo
@VillalobosJara
“Periodista con poca tolerancia al prejuicio” 🤔🤔🤔
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After some comments and DMs:
General and unrelated recommendations for a trip to Argentina?
Buenos Aires:
- If you don’t have street smarts, avoid changing money on the street and have your hotel arrange a guy for you.
- Avoid Don Julio (10 options for steak with the same
Traveling to Argentina can be a logistical nightmare.
I was in Villa La Angostura a month ago and we DESTROYED a tire from our rental car.
In Chile a tire costs 70-100 usd. We went to buy a new one and the cheapest one was 500 USD. WHAT? Tariffs…
So we asked for a national
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CHILE ALERT: Major Shift in Chilean Commercial Real Estate Market
Two significant funds, Toesca Asset Management and Banchile Inversiones, are set to liquidate approximately $552 million in commercial properties. Toesca’s portfolio is valued at $215 million, while Banchile’s
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Private equity real estate ruined my favorite hotel in Latin America (Hotel Casa Pestagua, Cartagena de Indias, Colombia), and how this presents a business opportunity.
It's a beautiful colonial mansion that was the original house of a former duke. Two decades ago, it was
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Milei just closed the “Indigenous Peasant Family Economy Institute”. They had 964 employees, 900 will be laid off, they had 160 branches, 2 headquarters, and 204 vehicles. They spent 10.5 million USD per month.
Common sense move tbh.
🚨| ÚLTIMA HORA: Milei PASÓ LA MOTOSIERRA y cerró el "Instituto de Economía Familiar campesina indigena". Tenían 964 empleados, 900 serán despedidos, tenían 160 delegaciones, 2 sedes y 204 vehículos. Gastaban $9.000 millones por mes y no producían NADA. 🇦🇷. ¿Apoyas este cierre?
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@pais_mc
@ArjunJacobson
Beyond Uyuni (world class), I think you can find similar landscapes in Perú.
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And sunlight.
I lived for 6 months in Costa Rica during the winter and you had sunlight from 9 AM to 4 PM. I got mildly depressed and didn’t know why, doctors told me it was the lack of sunlight.
We are lucky to have a lot of sunshine hours in LatAm and most of America, we
People don't appreciate how important the weather is in your ability to live a good life.
Even at 11 degrees (not the worst weather), you STILL can't sit outside on your patio.
At 11 degrees you can only be outside for a brisk walk with a scarf and hat.
Good morning to those
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This is urgently needed in every western country ASAP.
This is not investment advice.
Have four or more babies in Hungary and you'll pay no income tax for life
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Demand has dropped for residential real estate in Santiago, Chile.
Nevertheless, you still have significant demand for class C apartments with a 3.9% cap rate. Debt is currently at 5%.
I don’t get it. Is it dumb money? Are they hoping for market rents to go up? Thinking they
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@Sanghera__Aman
In Latin American (and a few European) countries we have something called laesio enormis. If you buy RE for less than 50 cents on the dollar, you can make that purchase void or make the buyer pay the difference in order to complete 50% of its market value.
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@bethanyjbabcock
1- You could file a suit against him. Maybe it would deter future scenarios.
2- you mentioned industry norms. Please do a twitter series of unspoken industry norms for newbies (even better if you include old school ones we could revive). It would be so entertaining and helpful.
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@BowTiedMara
Way too expensive for the level of luxury. I’ve seen way better things in Patagonia (Chilean and Argentinian).
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@SinginMitch
Espíritu Santo, São Paulo, Río and even and RGdS (a supposedly safe State) are crazy dangerous. Of course you can always live in good places like Barra in Rio and Alphaville in SP.
But the overall sensation is still not being able to be on the street with the windows open and
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@metapills
HAHAHAH it’s really good in Fuente Alemana (a traditional restaurant chain in Santiago)
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@MyLatinLife
Valparaíso, Viña del Mar and Concon all share the same coast.
Valparaiso: UNESCO world heritage site ruined by communism that smells like urine. Party place. Loved it before its decay.
Viña Del Mar: amazing place, formerly rated as one of the best cities in the world for
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@BeccaAhre
Te diría que la comida chilena es mala pero los restaurants de lujo en Chile (japoneses, italianos, de carnes) son de lo mejor que he probado en LatAm. Altisimos estándares. En Colombia y Brasil he ido a restaurants aparentemente buenos y no son ni la mitad de Argentina o Chile.
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@0liverLukac
Florianopolis, morro do São Paulo, paraty and of course, Rio.
Haven’t been to the best cities in the north of Brazil. I’ve heard spectacular things about Pipa and Fernando de Noronha (usually ranked as the best beach in the world).
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As a traditional architecture lover, I’m stunned by this development in West Palm Beach.
Developer: the one and only Stephen M. Ross.
Architecture: Robert A.M. Stern Architects.
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@pipecasoso
@edo_isc
@777DonLuis
@alancantautor
@mejia_carito
@Carlangas19701
@Javiertron79
@mpazdt
@udechile
@lucyanaah
@fuentesilva
Edita el tweet y agrega los Hashtags
#loscruzados
#vamoscat
ólica y
#vamoscolocolo
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@ItsMattsLaw
Corporate lawyer in Chile, although main clients are shopping malls and banks. I do a lot of immigration too (corporate and personal).
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It’s been one of those nights of becoming obsessed with a topic (more than 5 hours now). This time it’s:
- Incorporating foreign companies in Chile and its benefits (ideally based on the new US-Chile double taxation treaty).
- Paying zero taxes in Chile from brick and mortar
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Twitter is wild.
See you in Santiago my friend!
Twitter/X has made this world so small and fun!
Just had a call with
@chilean_lawyer
- based in Santiago, Chile.
Turns out they are doing some work in the US, so we talked business.
But we're also planning on having drinks in March in Santiago!
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Can’t thank
@3NDeveloper
enough
I receive so many DMs from aspiring Developers that it is unbelievable.
To the maximum extent possible, I give feedback and advice to set them on the right path.
Some people have 'it' in them, and have been putting together deals with major nationals.
I have my eye on an
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250.000 acres have been consumed in one of the greatest tragedies in the history of my country.
At least 100 people are dead and thousands have been left without homes.
This is happening in the most popular beach in Chile.
Please pray for the victims 🙏.
🇨🇱 | Video: el dramático momento que vivieron los pasajeros de un bus en Chile al atravesar uno de los incendios.
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@pekascafe
@camila_vallejo
@alejoaquinagago
Es chistoso que pongas en duda a personas que estudiaron en Harvard, porque si también hubieses estudiado economía allá definitivamente no estarías diciendo una pelotudez como esa.
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@imvarsityparker
Luxury jewellery store. Simple concept seen in basically every big hotel or cruise ship. The businessmen would love a quick gift for their wives and visitors buy during checkout. Loved one in Rio with local jewellery (you could offer something Latin American).
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@CruzadosSADP
@molinauc
@SebaUrrestarazu
@Libertadores
Entonces cual es el sentido de que yo como abonado se lo compre a mi amigo socio si es que él siendo socio puede comprar también en preventa exclusiva? Debería volver la opción de comprar 1 entrada a un no socio en preventa exclusiva. Por último bajen precio socio región.
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@Slothtravelling
@0xSlinger
Bolivia is a non functioning and super underdeveloped country (going back 100 years in time, by Latin American standards). Paraguay has little to offer (nature only, but if you want good jungle experiences, visit Guatemala).
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19,9% of the energy generated in Chile is solar.
Highest percentage in the world, we started almost from scratch 10 years ago.
The issue now is mostly transmission, not generation. A countrywide project of transmission called ISA-Interchile was supposed to solve this but
Chile es el país que energía solar genera en el mundo (como porcentaje de energía eléctrica generada). Lo hicimos en una década. Lo que antes se veía imposible, hoy día es inevitable. Cerrar la puerta a la contaminación, abre la puerta al desarrollo sustentable. Es capaz de
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Want to know how top vacation homes look like in Chile?
Go to and search for the following places:
- Ranco
- Zapallar
- Panguipulli
This one in Zapallar looks magical.
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Chile
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@xValentona
“Los problemas estudiantiles se arreglan poniéndose las pilas”. Es como decirle a un obeso que “cierre la boca” para bajar de peso.
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Clarification: Santiago is great during November and December. The other parts are better visited in December, January and February.
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@danieldaycrypto
Percentage of English speaking population:
1. **Argentina**: Around 6.52% of the population speaks English, with a higher prevalence in major cities like Buenos Aires.
2. **Brazil**: Approximately 5% of Brazilians speak English, mostly as a second language. English proficiency
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Foreign investors placed a US$ 1 billion bet on the strengthening of the Chilean peso in a single day.
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@0xSlinger
Uruguay is 100% safe. Chile is too, unless you book a terrible hostel in a terrible part of Santiago. Argentina and Perú are a bit less safe (Argentina specially) so book better accommodation there. Brazil is doable for solo women but riskier. I would avoid Bolivia, Paraguay and
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@mdmayer
By far, it’s not even close. Culturally though, I find Peruvians to be super courteous and their food is the best in America.
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Investing in Chile's south? Main hurdle: amateur brokers. But hey, that's also where the big opportunity lies
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@TheSoccerGoose
Cobresal’s stadium is basically a miracle. It has a real grass pitch in the middle of the desert. They have to bring water from other cities
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@bolkonsky35
Depends on where you live. Eastern sector of the city, specially near the precordillera, doesn’t get affected by this.
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One of the most expensive houses in Santiago, Chile, is currently for sale. Its the former house of the recently deceased mogul José Said. Its published for US$ 4.9 million.
Crazy that this is what US$ 4.6 million gets you in Indian Wells, CA (desertic
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Chileans underestimate the benefit of being able to enter the US only with a visa waiver.
Let’s hope 500 Chilean criminals that travel to the US to rob jewelries don’t ruin this for the other 20 million.
fellas... THIS 👇 is why you need a second passport
as a colombiana 🇨🇴, my girlfriend does not have visa-free access to the united states 🇺🇸
a year ago, she applied for a standard tourist visa and has to wait 2 years for an interview with the american embassy
as a young,
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Chile experienced the largest decline in birth rates globally over the past year.
New birth update. I guess we can forget any recovery this year for now.
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So Americans are hated in Colombia because they commit crimes, Colombians are hated in Chile because they commit crimes and Chileans are hated in America because they commit crimes.
The case of the American creep (Timothy Alan Livingston, remember his name) caught with two underage girls in a Medellín touristic residence has caused a massive earthquake throughout the country, not just Medellín.
Colombian society is experiencing a (much-needed) moment of
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Chileans are payed really well relative to their productivity.
It has one of the worlds greatest gross salaries in comparison with GDP per capita.
For every US$2500 a Chilean produces, they receive a salary of $1500.
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Just spoke with a huge national tenant that wants me to develop for them. He told me: yes, our rents are usually lower than the competition, so you should expect a 12% cap rate.
Don’t know what to do with this information so just posting it here hahaha.
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@juancortese
Armaron todo este show para quitarnos la localía, Ocampo hizo pasar el bus por ahí porque sabía lo que iba a ocurrir. Pero si River ya copó Japón espérense a River más local que nunca
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