For years, the flow of capital has followed a clear direction: Chilean companies expanding into Peru, attracted by its competitive operating costs and growing market. But on the map of strategic decisions, following the current is not always the best move. Sometimes, looking toward the other shore reveals opportunities that require vision, not inertia.
For the Peruvian investor, setting up a business in Chile may seem counterintuitive. Why enter a more mature, more regulated, more demanding market? Precisely for that reason.
Chile offers what many emerging economies are still building:
- Legal security that is independent of political cycles.
- Logistics infrastructure that reduces hidden costs.
- Preferential access to over 60 economies, including the U.S., Europe, and Asia.
- Highly skilled human capital, ready to scale complex operations.
But there is more. Chile is not just a country where one can operate: it is a country where one can project. For Peruvian companies seeking internationalization, reputation consolidation, or risk diversification, Chile serves as a platform of legitimacy. Being in Chile is not just being in another market; it is being in a market that opens doors.
Peruvian groups that have already crossed this frontier know this. Gloria, Intercorp, Credicorp, Breca: all have found in Chile not only competition, but complementarity. They have acquired companies, established logistics operations, and strengthened their regional presence.
Of course, the Chilean environment demands more. Tax regulations are complex, oversight is active, and the business culture is rigorous. But precisely for that reason, having specialized advisory services like BBSC® becomes essential. It is not about adapting—it is about establishing oneself with strategy.
Investing in Chile is not following a trend. It is anticipating it.
By Claudia Valdés Muñoz cvaldes@bbsc.cl +56 9 8139 3599
