Thursday, June 28, 2012

Falling in love with Sanhattan




According to CNN, our country’s capital, Santiago, is the third most loved city in the world. Several highlights await you: the Lollapalooza festival, the majestic Andes encircling the city and of course attractive business opportunities in Sanhattan, Santiago’s financial district. Read on and find out more about why Chile is the perfect place for you and your business.

1.      Financial Advantages
Every three years UBS publishes its Prices and Earnings study. The last version was published in 2009 and updated in 2011. The result is surprising and, at the same time, important for everyone who is interested in investing in Chile: Santiago is one of the cheapest cities for foreign companies. Chile obtained 45.8 points and therefore ranks 59th out of 73 cities. The most expensive city is the Norwegian capital, Oslo, with 103.3 points.
Another interesting study called Global Office Rents, published by CB Richard Ellis Global Research and Consulting, states that rents in Santiago are among the cheapest in Latin America. The Chilean capital ranks fifth, and is even cheaper than Montevideo, Buenos Aires or Mexico City.

2.      Low Risks
The Sovereign rating published by the Country Risk Service of the Economist Intelligence Units in May 2012 acknowledges that Chile is a low-risk country, judging it with an A, meaning that it is a stable country with a strong capacity and commitment to honor obligations. Chile is the only Latin-American country rated with an A.

3.      Legal Certainty
In the Index of Economic Freedom, published in 2012, Chile obtains the 7th rank out of 184 countries. And again, Chile leads the Latin American ranking. The index states that contractual agreements in Chile are the most secure in Latin America, that courts are transparent and efficient and that property rights are strongly respected, and expropriation is rare.

4.      You can count on us!
Of course, moving to a foreign country and setting up a company or establishing business relations there always implies a risk. But there is no need to worry, as we are here to help you. Whether you need to overcome the language barrier, due to lacking Spanish knowledge, or whether you need cultural advice in order to avoid faux pas, as professional translators we are prepared to lend you a hand. Just contact us and we will gladly assist you.

So, why wait any longer? Leave Manhattan and come over to Sanhattan – it’s only a flight away!

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