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Retiring in Chile: Your Ideal Destination
iVisa
2 min read
Updated on May 27, 2024

Chile offers retirees a peaceful and affordable lifestyle. You only need a pension or retirement income to apply for a Chilean permanent residence permit.

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Learn more about the Chile Retirement and Periodic Income Visa in this blog.

Why consider retiring in Chile?

  • Quality of life: Chile boasts a strong economy, low corruption, and high living standards.

  • Healthcare: Excellent private healthcare system, ranking 33rd globally, with modern infrastructure and technology.

  • Safety: Low crime rate and considered a safe destination for tourists and residents.

  • Climate: Year-round pleasant weather, varying by region.

  • Nature: Stunning landscapes, from beaches to mountains and deserts.

  • Culture: Friendly locals and a rich gastronomic heritage blending traditional and European influences.

Cost of living

Despite recent increases, living in Chile is still affordable compared to the U.S. Retire comfortably with USD 2,500 to 3,000 per month, though big cities have higher costs.

Retirement visa requirements

You need a regular income, such as a pension or rent, to apply for a Chile Retirement and Periodic Income Visa. This visa is issued for 12 months and can be renewed. Required documents include:

  • Valid passport

  • Police certificate

  • Proof of financial solvency

Bringing family

You can bring your spouse and children with the necessary documentation, such as marriage and birth certificates.

Best cities to retire in Chile

  • Santiago: Economic stability, beautiful parks, and proximity to ski resorts.

  • Valparaíso: A vibrant seaside city with a rich artistic heritage.

  • Viña del Mar: Coastal resort with stunning beaches and gardens.

  • La Serena: Known for its long beaches and colonial architecture.

  • Punta Arenas: Unique setting near Antarctica with a cooler climate.

  • Puerto Varas: Tranquil town on Lake Llanquihue, with views of the Osorno volcano.

  • Santa Cruz: The wine capital of Chile, surrounded by vineyards.

Temporary Stay Permit for Chile (Permanencia Transitoria)

If you plan to visit Chile before moving, you might want to consider the Permanencia Transitoria permit.

This temporary stay permit allows you to stay in Chile for short periods, ideal for exploring the country and deciding if it is suitable for your retirement.

It’s perfect for those who want to experience Chile’s lifestyle, culture, and environment firsthand before committing to a permanent move.

Need more information?

For more information about retiring in Chile, contact our customer service team via WhatsApp.

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