The World Bank, with the latest edition of its report "Doing Business," has confirmed what economists and investors already knew: Chile is the best country in Latin America to do business. The South American powerhouse was the highest-scoring country of the region, clocking in at 34 out of 189 nations surveyed.
Furthermore, Chile has advanced 19 positions in the last four years, strengthening its role as Latin America's most welcoming economy and one of the best 40 countries to do business in the world. The rise of Chile can be explained by its open laws on enterprising and starting companies, which can be done in a day, and its trade policies. As one of the countries in the world with the most free trade agreements, it has few obstacles to imports and exports. READ MORE