South Africa Financially Independent Residence vs Start-Up Chile
Residency program comparison: South Africa and Chile. Income, fees, tax, duration, work rights and pathways.
Overview
 ZA
South Africa Financially Independent Residence
|
 CL
Start-Up Chile
|
|
|---|---|---|
| Country | South Africa | Chile |
| Program type | Economic | Startup |
| Status | Active | Active |
At a glance
|
ZA
South Africa Financially Independent Residence
|
CL
Start-Up Chile
|
|
|---|---|---|
| Initial duration | — | 24 mo |
| Monthly income | — | — |
| Application fee | $92 | — |
| Tax regime | Worldwide | Special |
| Renewable | No | Yes |
Financial requirements
|
ZA
South Africa Financially Independent Residence
|
CL
Start-Up Chile
|
|
|---|---|---|
| Net worth requirement | $725,953 | — |
| Application fee | $92 | — |
| Government contribution | $7,261 | — |
Duration and renewal
|
ZA
South Africa Financially Independent Residence
|
CL
Start-Up Chile
|
|
|---|---|---|
| Initial duration | — | 24 months |
| Renewal duration | — | 24 months |
| Renewable | No | Yes |
Tax regime
|
ZA
South Africa Financially Independent Residence
|
CL
Start-Up Chile
|
|
|---|---|---|
| Tax regime | Worldwide | Special |
| Tax regime name | SA progressive tax (18-45%) | Artículo 3 Ley sobre Impuesto a la Renta |
| Regime duration | — | 3 yrs |
| Foreign income taxed | Yes | No |
| Capital gains taxed | Yes | No |
Work rights
|
ZA
South Africa Financially Independent Residence
|
CL
Start-Up Chile
|
|
|---|---|---|
| Employed work | Yes | Yes |
| Self-employed work | Yes | Yes |
| Own business | Yes | Yes |
| Work permit included | Yes | Yes |
Requirements
|
ZA
South Africa Financially Independent Residence
|
CL
Start-Up Chile
|
|
|---|---|---|
| Criminal record check | Required | Required |
| Health check | Required | Not required |
| Degree | Not required | Not required |
| Professional experience | Not required | Not required |
| Language (for citizenship) | Required | Not required |
| Endorsement | Not required | Required |
Family and dependents
|
ZA
South Africa Financially Independent Residence
|
CL
Start-Up Chile
|
|
|---|---|---|
| Dependents allowed | Yes | Yes |
| Spouse included | Yes | Yes |
| Maximum child age | 21 | 18 |
| Dependent parents | Yes | No |
Pathways
|
ZA
South Africa Financially Independent Residence
|
CL
Start-Up Chile
|
|
|---|---|---|
| Path to permanent residency | Yes | Yes(2 yrs) |
| Path to citizenship | Yes(5 yrs) | Yes(5 yrs) |
| Grants direct citizenship | No | No |
| Dual citizenship allowed | Yes | Yes |
Benefits
|
ZA
South Africa Financially Independent Residence
|
CL
Start-Up Chile
|
|
|---|---|---|
| Schengen access | No | No |
| Open a bank account | Yes | Yes |
| Buy property | Yes | Yes |
| Public healthcare access | No | Yes |
| Health insurance | Not required | Not required |
Application
|
ZA
South Africa Financially Independent Residence
|
CL
Start-Up Chile
|
|
|---|---|---|
| Method | Embassy, in country | Online |
| Processing time | — | — |
| Apply from abroad | Yes | Yes |
| Local representative | Not required | Not required |