OBS_VALUE: No screening is foreseen for foreign investment in Chile. As of January 2016, foreign investment of an amount equal to or greater than USD 5 million are regulated according to the legal regime described in the Chilean Act N°20.848. Foreign investment of an amount less than USD 5 million are regulated according to the International Exchange Norms Compendium of the Central Bank of Chile. For contracts subscribed before 1 January 2016, the DL 600 will continue to apply. For contracts subscribed after 1 January 2016 (and only until 1 January 2020) investors can obtain an authorisation to apply the terms of DL 600. Starting from 1 January 2020, the Law 20.848, will be applicable to all new contracts (See Transitory Dispositions, art. 1 and art. 2, Law 20 848). In addition, since 2021 and in accordance to Circular N° 993 – 22.09.2021, the entry of foreign currency into the country for deposits, investments and capital contributions from abroad have to be carried out through an entity from the Formal Exchange Market (MCF or Mercado Cambiario Formal), for which the interested party shall provide said entity with the background of the respective operation.