The strength of your property rights can be rated by how high your property tax is. Chile has the strongest property rights of any economically strong country. If you farm your land you pay zero property tax in Chile. Idaho and Montana have low property tax if it is over 20 acres and is in farm or timber status. And most americans have mortages they cannot pay off. Chile has only 20% of homes mortgaged.
https://sbs.arizona.edu/news/why-russians-think-americans-dont-own-their-homes
Every economy in the world should adopt the same policy. It's just simple common sense.
Chile also has small government. Big government = high property tax. Cali is a prime example. Government idiocy.
I really enjoyed my business trips to Santiago and Iquique, and would consider living there, but they do not allow property ownership to foreigners. Which is great for Chileans, but not good for repatriation.
Chile allows foriegn ownership. The strongest foriegn owner property rights on the planet. At least in the top 5.
Thats very knowledgeable to know! Thank you.