Chile is the new "America" of the 21st century: The Weekend Vigilante June 15, 2013Submitted by barracuda_trader on Sun, 06/16/2013 - 05:22
The Weekend Vigilante June 15, 2013
Chile is the new "America" of the 21st century. You can open a corporation here over the internet in one day. Any major building permits submitted to the government must be responded to in 15 days! That explains the hundreds of new highrise apartment buildings in Vina del Mar. The government is mostly staying out of the way and not actively putting up roadblocks to free enterprise like in Europe and the United State.
How long will it last? That's anyones guess... but considering Chile recently had a horrible bout with communism and now is reaping the rewards of freedom greatly in this region any major change back to socialism is likely a long way away. It took the US decades to erode most of the underpinnings of freedom and destroy most of the wealth built during that period.
Hello from opulent Vina del Mar, Chile,
I first visited Vina in 2005, eight years ago now, and my impression then was that it was a nice but quiet beach town. I’ve since visited a few times in the last year and the changes are truly unbelievable.
On my first visit in 2005, at this same time of the year near winter, there wasn’t much activity. There was one small bar that wasn’t very busy and just a few decent restaurants. Now it has turned into a world-class city. The population of this area is about one million, but since the place is less than a two-hour drive from Santiago that number swells. The amount of five-star restaurants is uncountable. There are many on almost every block and the city has expanded so much both to the south to Valpariaso and to the north with what seems to be hundreds of new, modern highrise apartment buildings that it would take you weeks to visit all the trendy, modern hotspots.