A study by a Colombian university has given Santiago the top ranking in Latin America for capital investment. Santiago is followed by Sao Paulo and Mexico City. Variables considered in the study include market size, costs, stability and riskiness, as well as purchasing power of consumers, dynamism, availability of financing, presence of global players, urban comforts and quality of human capital. Santiago had a very impressive 99.55 points versus only 92.02 points for Sao Paulo, 83.78 for Mexico City, 81.84 for Lima and 79.15 for Bogotá, making it the runaway leader in the region. Panamá City (69.85) took 8th place and Valparaíso, Chile (69.62) took 9th. This study comes as no surprise for those of us who live and do business here. While Chile is far from perfect, especially in areas like banking, it is still way ahead of its neighbors in things like low corruption, strong property rights and stable monetary and fiscal policies, and advanced infrastructure and services. Santiago, and Chile in general, are so good for economic freedom that we have developed our sustainable community in nearby Curacaví, called Freedom Orchard. Be sure to check it out!

   Dr. Cobin’s book, Life in Chile: A Former American’s Guide for Newcomers, is the most comprehensive treatise on Chilean life ever written, designed to help newcomers get settled in Chile. He covers almost ever topic imaginable for immigrants. This knowledge is applied in his valet consulting service (see http://www.chile-consulting.cl), where he guides expatriates through the process of finding a place to live and settle in Chile, helping them glide over the speed bumps that they would otherwise face in getting their visas, setting up businesses, buying real estate, investing in Chilean stocks or gold coins, etc. The cost is $49. If you have problems getting the book through the Overseasradio.com site, since the ORN Store is sometimes closed for maintenance, please use the PayPal info noted below.
     Dr. Cobin’s sequel book, Expatriates to Chile: Topics for Living, adds even further depth on important topics to expatriates who either live in Chile already or who have Chile on the short list of countries where they hope to immigrate. The book deals with crucial issues pertaining to urban and rural real estate transactions, natural disasters, issues pertaining to emigration and its urgency, money and the quality of life, medical care and insurance, business opportunities, social manifestations (including welfare state and divorce policy concerns), Chile in the freedom indices, social maladies (lying, cheating, stealing and murder), as well as discussion of a few places worth visiting and some further comments about Santiago. Note: If the link to buy the book at the Overseasradio.com site does not appear, since the ORN Store is sometimes closed for maintenance, just send US$39 by PayPal to jcobin@policyofliberty.net and send an email or PayPal notice that you have completed your order. A download link will be sent to you directly. 

    The Overseasradio.com website also has Dr. Cobin’s abridged book (56 pages): Chile: A Primer for Expats ($19), or the little book can also be obtained directly by following the aforementioned PayPal steps.