Santiago, financial and economic center of Latin America
Santiago has become one of the most attractive capitals for investors, and is considered to be one of the largest economic centers of Latin America.
The numbers support Chile’s position as a stable, transparent and reliable economic model, making the country a great destination for foreign investors in Latin America and one of the most distinguished around the world. This was reflected in the figures provided by UNCTAD in its 2013 world report ranking Chile as the eleventh largest recipient of foreign investment in the world, with over US$30 billion, the second time it has ranked in the top 20, according to the Foreign Investment Committee.
Chile promotes free trade, which is evident by the expanding network of global trade agreements, making it a natural bridge to all five continents.
Another one of its strengths is the presence of a large chunk of major companies from other Latin American countries, including several banks. Furthermore, according to the Fortune 500 list, 99 of the top 500 companies in the world have presence in Chile.