Chile Dividend Withholding Tax Rate Update

The Dividend Withholding Tax Rate imposed by Chile on non-residents used to be 35% until recently. However it has now been reduced to just 20.13%.  So the revised rate from 35% to 20% is very for foreign investors investing in Chilean equities. This tax reform also makes Chile attractive in the eyes of international investors especially those …

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Five Reasons To Consider Chilean Stocks

Among the Latin American equity markets, the Chilean market does not get as much attention from international investors as other countries such as Brazil and Mexico do.However this need not be the case. The relatively smaller country of Chile offers many excellent investment opportunities. Some of the reasons to consider buying Chilean stocks include: 1. …

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The Top 10 Banks of Chile in 2012 Based on Tier 1 Capital Ratio

The Tier 1 Capital ratio is a measure of a bank’s financial strength. The Top 10 Banks of Chile based on this measure as of December , 2011 are listed below:   Source: Top Latin American Banks by Country, The Banker Scotiabank Chile is a subsidiary of Bank of Novo Scotia (BNS) of Canada. BBVA Chile …

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Why Invest in Chile’s Financial Sector

Chile has one of the top growing economies in Latin America. Though the country’s economy is primarily dependent on exports of commodities such as copper the composition of the GDP is slowly changing. Today though mining is the major industry in Chile, financial services account for about 16% of the GDP according to a Doing …

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