The Best Visa No One Talks About (I'm Doing It) | Summary and Q&A

TL;DR

The Retirement Visa in Chile offers a pathway to tier one citizenship in five to six years, providing a passport with global travel access and tax exemptions.

Key Insights

• 🌐 The Retirement Visa in Chile offers a pathway to tier one citizenship, providing a passport with global travel access.
• 🪡 Applicants need to meet financial requirements, such as demonstrating a passive income or dividends/salary.
• 👮 Clean criminal records and police certificates are necessary for the application.
• 👻 The Retirement Visa allows flexibility in terms of living outside of Chile and only requires visits every two years.
• 🥹 Permanent residency and citizenship can be obtained after holding the Retirement Visa for four years.
• ❓ Learning Spanish and integrating into Chilean culture can increase the chances of obtaining permanent residency.
• 🥡 Citizenship approval typically takes 6 to 12 months, and applicants can wait outside of Chile during this time.

Transcript

today let's look at a Visa that you probably have never heard of not that many people talk about it but it's amazing it can lead to a tier one citizenship in about five to six years and with that passport of this country you can travel to pretty much any country you want around the world they're not part of the European Union so you don't need to d... Read More

Questions & Answers

Q: What are the financial requirements for the Retirement Visa in Chile?

Applicants need to show a passive income of $2,000 to $3,000 per month for the last 12 months, or dividends/salary of $30,000 in a lump sum or over the course of 12 months. Alternatively, applicants can pay themselves a salary every month for the last 12 months.

Q: Is a clean criminal record necessary for the Retirement Visa?

Yes, applicants need to have a clean criminal record and provide a police certificate from their country of citizenship.

Q: Can applicants use multiple passports for the Retirement Visa application?

Yes, applicants can choose which passport to use for the application, but the cost and processing time may vary depending on the passport.

Q: How often do applicants need to visit Chile after obtaining the Retirement Visa?

Applicants are required to visit Chile for two to three weeks to process their residency card. After that, they only need to be in the country for two weeks every two years to extend their visa.

Summary & Key Takeaways

• The Retirement Visa in Chile offers a pathway to tier one citizenship in five to six years, providing a passport with global travel access and tax exemptions.

• To apply for the retirement visa, applicants need to demonstrate either a passive income of $2,000 to $3,000 per month for 12 months or dividends/salary of $30,000 in a lump sum or over the course of 12 months.

• Once approved for the retirement visa, applicants are required to visit Chile for two to three weeks to process their residency card, and then only need to be in the country for two weeks every two years to extend their visa.