Forex trading is legal in Chile under regulations established by the Central Bank of Chile, which has constitutional authority to issue rules on international exchange operations. The principle of freedom of exchange is enshrined in law, allowing any person to freely carry out international exchange operations, though certain transactions must be conducted within the Formal Exchange Market and reported to the Central Bank (1).
Chile operates under a floating exchange regime implemented in September 1999, with the Central Bank's regulations contained in the Compendium of International Exchange Regulations and its Manual of Procedures and Information Forms. These documents determine the requirements, general provisions, and instructions necessary to operate in the Chilean exchange market under the current regulatory framework (1).
"The Constitutional Organic Law confers upon the Central Bank of Chile the power to issue rules on international exchange. Thus, although the principle of freedom of exchange is enshrined in said law, any person may freely carry out international exchange operations."
Chile's Framework Law for Foreign Investment guarantees access to the formal foreign exchange market and free remittance of capital and earnings for investors. The law ensures freedom from arbitrary discrimination and provides exemptions from sales and service tax on capital goods imports that meet specified requirements, strengthening the country's investment promotion framework (2).
Source:
https://www.bcentral.cl/en/exchange-regulation
https://investmentpolicy.unctad.org/investment-policy-monitor/measures/2721/chile-new-framework-law-for-foreign-investment
Last updated: 15-10-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.
