THE FOREING INVESTMENT COMMITEE - CHILE

The Foreign Investment Committee is the agency that represents the State of Chile in its dealings with those investors who elect to use the Foreign Investment Statute (D.L. 600) as the legal mechanism to bring Foreign Direct Investment (FDI) into the country.
The Foreign Investment Committee is formed by the Ministers of Economy (who acts as President of the Committee), Finance, Foreign Relations and Planning, plus the President of the Central Bank.
Additionally, any ministers who represent an economic sector to which a specific investment will be devoted are also invited to participate at the Foreign Investment Committee's sessions.
Mission
The Foreign Investment Committee contributes to position Chile as an attractive destination for foreign investment and international business. It conducts all operational tasks related to the management of the legal framework that regulates foreign investment; engages in promotional activities of various sorts; and participates in international negotiations that pertain to investment issues.
Strategic objectives
To manage the legal framework stated in the Foreign Investment Statute (D.L. 600).
To conduct all appropriate activities aimed at informing, promoting, coordinating and executing actions that foster the entry of foreign investment into Chile at the national, sector-specific and regional levels.
To participate in the international negotiations of Bilateral Investment Treaties (BITs) and of the investment chapters included in Free Trade Agreements (FTAs). If requested, to represent the State of Chile in cases of investment-related disputes before international dispute-resolution entities.
To maintain an up-to-date and accurate statistical database of FDI in Chile authorized and materialized under the D.L. 600.
The Executive Vice-Presidency
The Foreign Investment Committee is managed and administered at the operational level by the Executive Vice-President, who is appointed by the President of the Republic.
The Executive Vice-Presidency provides general guidance to any foreign investor regarding the country, its economic and social environment, legal framework and policies towards FDI. When requested, it gives information on how to begin the process of setting-up businesses in Chile as well as orientation on procedures and regulations that must be completed and fulfilled by any investor, whether they sign a D.L. 600 contract or not, at the national, regional and sector-specific levels.
In order to promote Chile as an attractive place to invest, the Executive Vice-Presidency of the Foreign Investment Committee coordinates business missions abroad, organizes seminars and conferences, and publishes regular reports on Chile's business climate and investment opportunities, both in print and in electronic form. In these promotional activities, it works closely with other ministries and state agencies as well as with the local and foreign private sector.
Our offices are located in:Teatinos 120, 10th floorSantiago, ChileTel: (562) 698 4254Fax (562) 698 9476 chileinvestment@cinver.cl
The foreing investment comitee, Rodrigo González fernández, rogofe47@hotmail.com