Note: A version of this article originally appeared in Inc with the title How to Raise Venture Capital if You’re Outside the United States and on Nathan Lustig’s blog.
Over the past three years, I’ve been working with 30+ companies that have their bases across Latin America build their businesses. Many of these companies are really US companies that just happen to have a tech and sales team in Latin America and want to raise capital in the US. Others are Latin America B2B companies that would love to raise money in the US, but have found hard sledding.
When I first got started, I didn’t realize how hard it would be to find investors to follow in on our companies and our strategies were all wrong. In 2015, I got on a plane to California with Adrian Fisher, the founder of PropertySimple, to take his company to the US market. He’d build an amazing product, similar to Zillow, but in Chile, and 1000+ real estate agents using his product and millions of people using PropiedadFacil to find properties.
I wrote a blog post about how expats are finding jobs in startups in Latin America and how they can find the startup job openings in places like Chile, Argentina, Colombia and Mexico. Another version also appeared in VentureBeat. Check out this excerpt and read the entire post on my blog:
I get multiple emails per month from US and European tech workers who are interested in moving to Chile and want to know what the tech job market looks like. These emails have picked up in frequency both as the Chilean tech ecosystem has grown and as many tech workers explore more options for working abroad after 2016.
Chile’s tech ecosystem has grown by leaps and bounds since 2010, when startup Chile began seeding the Chilean tech ecosystem. Since then over 1700 companies have come to Chile, many of which have stayed and created a presence in Santiago. Additionally, more Chileans have started companies both for the local market and to attack the US market.
The most in demand workers are Ruby on Rails developers, UI/UX designers and online marketers, but there’s also significant demand for native english speaking sales people and customer success roles.
No matter where you work in Chile, you’ll almost for sure make less money than you would in the US. Tech salaries are lower, but so is cost of living. Getting a work visa is very easy; all you need is a job offer and you can get a one year temporary visa, a RUT government id number and everything you need to get started.
There are five options for expat tech workers who are looking for opportunities in Chile:
Learn more about how to work for a tech company in Latin America by reading the rest of the article.