Chile's new Foreign Investment Statute was signed into law on 16 June 2015 by President Michelle Bachelet. The new Statute replaces the old Foreign Investment Statue under Decree Law 600, which is to be abolished 1 January 2016 as provided for under Chile's 2014 Tax Reform.

As {News-2015-06-04/A/3- previously covered}, the new Statute ends the 42% rate freeze option with a transition period f…