Most contracts are negotiated at the company level. Over 90 percent of workers earn more than the minimum wage. Workers are also paid a family allowance, which employers may deduct from their tax bills. The Chilean government is a signatory to ILO conventions on worker rights. Efficient Capital Markets and Portfolio Investment Chile's capital markets are well developed and very active.
Credit is allocated on market terms and is available to foreigners.
The Santiago stock market is dynamic and has attracted substantial international investment. This has been made possible by an effective regulatory system. With one major caveat, the Chilean regime is open to foreign portfolio investors. This discourages the use of financing sourced abroad by raising its cost. Supplier credits are exempt from the encaje requirement.