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NAFTA Investors

Requirements to NAFTA Investors Visitors

To qualify as a NAFTA/CCFTA Investor Visitor the following conditions have to be met by individual and/or business he/she represents:

applicant has American, Mexican or Chilean citizenship;
enterprise has American, Mexican or Chilean nationality;
substantial investment has been made, or is actively being made;
applicant is seeking entry solely to develop and direct the enterprise;
if the applicant is an employee, position is executive or supervisory or involves essential skills;
compliance with existing measures applicable to temporary entry.

Duration of entry for NAFTA Investor Visitors

An employment authorization issued at the time of entry can have a maximum duration of one year. Extensions should be granted for duration of 2 years provided that the requirements outlined above are met. Investor status would end upon taking another job, engaging in an activity which is not consistent with this status, closing down the business, etc.

Distinction between NAFTA and CCFTA

Unlike NAFTA - which is a tri-partite agreement among Canada, Mexico and the United States, the CCFTA is a bi-lateral agreement between Canada and Chile only. Even though much of the CCFTA is modeled after NAFTA, the CCFTA is not binding upon the United States or Mexico. Thus, citizens of Chile should not presume that any of the rights and privileges granted to them under the CCFTA will apply with respect to the United States or Mexico. Similarly, citizens of the United States and Mexico should not presume that any of the rights and privileges granted to them under NAFTA will apply with respect to Chile.

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