Access a living place owning is a desire shared by many families in Chile, and for those who do not have sufficient resources, the DS1 Subsidy from the Ministry of Housing and Urban Planning (Minvu) represents an invaluable opportunity. This subsidy, designed to support families without their own home, requires only four requirements to apply.
The first requirement is to be at least 18 years of age and have a valid identity card, including for foreigners the certificate that proves permanent permanence. In addition, it is necessary to be within 60% of the Social Household Registry (RSH) and have the Unique Code to apply online. Finally, a minimum savings of 30 UF must be credited, deposited and reflected as an available balance in a savings account that is more than 12 months old.
The DS1 Subsidy is divided into three tranches, each with requirements specific according to the level of the Social Household Registry and the type of housing that you wish to acquire or build. Tranche 1 is intended for the purchase of housing for those who are in the 60% of the RSH, with a minimum saving of 30 UF.
Section 2 expands the options, allowing the purchase or construction of living place for those who are in the 80% of the RSH, with minimum savings of 40 UF for purchase and 30 UF for construction. Finally, section 3 offers higher subsidy amounts for those who are enrolled in the RSH and meet the monthly family income requirements.
DS1 Subsidy amounts vary by region and the maximum price of the living place to acquire or build. In regions ranging from Coquimbo to Los Lagos, amounts ranging between 570 and 600 UF are provided for homes of up to 1,100 UF. In regions such as Arica and Parinacota to Atacama, as well as in the province of Chiloé, the amounts range from 570 to 700 UF for homes of up to 1,200 UF. In regions such as Aysén, Magallanes and Chilean Antarctica, along with the province of Palena, the communes of Easter Island and Juan Fernández, the amounts range between 570 and 750 UF for homes of up to 1,200 UF.
