by Chris Emmott | May 10, 2021 | Chilean AFP, Chilean Pesos, Investing, Retirement
We have now had a third 10% AFP withdrawal agreed. This means that anyone can access up to 30% of their fund and use this money for any purpose they desire. We are also fast approaching the deadline of 30th of July 2021 to submit the first withdrawal request or lose...
by Chris Emmott, Maria Fally | Dec 10, 2020 | Chilean AFP, Chilean Pesos, Investing, Retirement
Status: 06-12-2020 After several rounds of negotiations in the Chilean Parliament, a second AFP withdrawal has been approved. This was published as law today, Thursday 10th of December 2020. EBG and MEFE Consult have teamed up to summarise everything you need to know...
by Chris Emmott, Maria Fally | Jul 29, 2020 | Chilean AFP, Chilean Pesos, Investing, Retirement
Status: 28-7-2020 According to the recent development in Chile, the new constitutional reform will allow you to access a maximum of 10% of your AFP funds. The statute will be published as law in the official newspaper (“Diario Official”) by Wednesday 29th or Thursday...
by Maria Fally | Jul 3, 2020 | Chilean AFP, Chilean Pesos, Investing, Retirement
We are often asked how you can achieve the early retrieval of your AFP funds. The process has certainly become harder over recent years with most people encountering obstacles to their attempts. In response, we have asked our long-term partner, Maria Fally of MEFE...
by Chris Emmott | Mar 20, 2020 | Chilean AFP, Chilean Pesos, Investing, Retirement
As international financial planners, we spend a lot of time helping our clients understand the best way to secure a comfortable retirement. Rising mortality and government belt tightening present obvious challenges to traditional retirement planning. This is made all...
by Daniel Busman | Dec 7, 2019 | Chilean AFP, Chilean Pesos, Investing, Retirement
For many international professionals, the Chilean Peso (CLP) has little or no relevance to their long term future. The accumulation of assets in CLP, either intentionally or unintentionally (via plans such as the AFP) can present a significant and unnecessary risk to...
