Tax: up to 19%
Duties: up to 12%
Restricted items: Uninsured goods
Non-working days: Saturday, Sunday, and Public Holidays
Lead times: 3-4 weeks
Best Carrier option: Freight Forwarder or Courier
Prominent Languages: Spanish
The Complexities of Importing into Chile
The IT sector in Chile is in a strange position at the moment. Despite having the most advanced telecommunications infrastructure and highest personal computer and internet use in all of Latin America, there is a significant lack of investment in the Chilean IT sector. This could be due to their inequality gap being the largest on the continent despite economic and political stability. The Chilean government is, however, making an active effort to increase foreign investment in this sector.
One of the most important considerations one should take when importing into Chile is the need for insurance. If goods are uninsured on arrival at customs or proof of insurance cannot be produced, customs will assume a value of 2%. This has a knock-on effect and can change the taxable value of the shipment. Unforeseen costs such as this can have catastrophic consequences on profit margins.
How TecEx Can Help You Import into Chile
TecEx is able to offer comprehensive liability coverage on all our shipments. Our product is unique in that it provides full coverage from pick-up to final delivery, unlike many other products, which only cover goods for a portion of the journey. TecEx will also ensure that all the necessary documentation has been completed and is available on arrival in-country. Our full DDP solution covers the entire process when importing into Chile. Rest easy in the knowledge that our team of dedicated professionals handles everything, providing you with the most efficient import solution.
Click here to learn more about what to expect when shipping into South America.
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