Living in Santiago, Chile: Real Estate, Cost of Living & Relocation Guide for Expats and Retirees

Santiago, Chile’s capital and largest city, has become one of the hot relocation and real estate destinations in South America for Americans, retirees, and international investors. With a stable economy, modern infrastructure, and a high quality of life, Santiago offers many of the conveniences of major U.S. cities—often at a significantly lower cost.

Located in Chile’s central valley and framed by the Andes Mountains, Santiago combines urban living with easy access to outdoor recreation, world-class healthcare, and a welcoming environment for foreign property buyers.

Why Expats and Retirees Are Moving to Santiago, Chile

Santiago consistently ranks among the most livable cities in Latin America. Americans relocating to Chile often find the transition smooth due to:

• A stable political and economic environment

• Modern healthcare systems with private hospitals and internationally trained physicians

• Strong infrastructure, reliable utilities, and fast internet

• A growing expat community in key residential neighborhoods

• A transparent legal system favorable to foreign property ownership

English is widely spoken in business, healthcare, and real estate circles, making Santiago especially appealing for U.S. retirees and professionals.

Santiago Real Estate Market Overview

The Santiago real estate market offers diverse opportunities, from modern high-rise condominiums to quiet residential communities ideal for long-term living.

Foreigners can legally purchase property in Chile with the same ownership rights as Chilean citizens, with no restrictions on buying residential real estate. This makes Santiago an attractive option for:

• Retirees looking to stretch retirement income

• Americans seeking a second home abroad

• Investors pursuing rental income or long-term appreciation

Compared to major U.S. metro areas, Santiago often provides better value per square foot, particularly in well-located, amenity-rich neighborhoods.

Best Neighborhoods in Santiago for Expats and Retirees

Providencia

One of the most popular areas for expats, Providencia offers walkability, parks, cafés, shopping, and excellent public transportation. It’s ideal for retirees who want convenience without sacrificing comfort.

Las Condes

Modern and upscale, Las Condes features newer developments, luxury condos, and close proximity to international schools, business districts, and top-tier healthcare.

Vitacura

Known for safety, green spaces, and high-end living, Vitacura appeals to retirees and professionals seeking a quieter, more refined lifestyle.

Ñuñoa

More affordable and community-oriented, Ñuñoa attracts families and retirees looking for a neighborhood feel, cultural activities, and local markets.

Cost of Living in Santiago, Chile

One of Santiago’s biggest advantages is its cost of living, which remains lower than most major U.S. cities. Many expats enjoy:

• Lower housing and utility costs

• Affordable private healthcare

• High-quality food and wine at reasonable prices

• Efficient public transportation, reducing the need for car ownership

This balance of affordability and quality makes Santiago particularly appealing for retirement living.

Healthcare in Santiago for Expats and Retirees

Healthcare is a critical consideration for relocation. Santiago offers some of the best private healthcare in Latin America, with modern facilities, English-speaking doctors, and significantly lower costs than in the U.S.

Many expats choose private insurance plans or pay out-of-pocket for care, often at a fraction of American healthcare costs.

Is Santiago, Chile Right for Your Relocation or Investment Plans?

Santiago is well suited for those seeking:

• A cosmopolitan city with modern amenities

• Secure real estate ownership for foreigners

• Long-term residency and retirement options

• A stable country with strong property rights

Whether you are planning to retire in Chile, invest in international real estate, or establish a second home abroad, Santiago offers a compelling mix of lifestyle, affordability, and opportunity.