Expat Mortgages in Chile

Unlike in other countries around the world, it may be quite an arduous task for expats to get an overseas mortgage in Chile. They have to acquire a permanent resident status first, then obtain an RUT or Rol Unico Tributario – more commonly known as the tax identification number, before they will be granted mortgage in a Chilean bank. Currently, Chile has four foreign banks which includes Banco de la Nacion Argentina, Banco do Brasil, JP Morgan Chase Bank, and The Bank of Tokyo-Mitsubishi UFJ.

Getting an overseas mortgage may be a complex prospect, but not when a specialist company is providing the right expertise. In Chile, International Private Finance is the specialist of choice for individuals looking for mortgages abroad, particularly expats whose needs and requirements are unique by virtue of their global lifestyle.

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