Yes. Chile places no general restriction on foreign ownership of private land for a project like this. Santuario del Lago is structured so buyers acquire a U.S. Delaware-LLC interest, keeping the process familiar for U.S. buyers.

Yes. U.S. citizens can own Chilean private land. Here you hold it through a Delaware LLC, so the paperwork and the closing sit within a U.S. legal instrument.

A recorded agreement (DRC) that defines what may and may not be built on each lot, protecting the shoreline, forest and views. It runs with the land, so stewardship is preserved for future owners.

Reservations are refundable within the legal rescission window, and buyer funds move through a U.S. escrow agent to the project's selling entity. Patagonia Conserve never receives buyer funds.

Yes. Only the 26 lakefront lots are sold. All the land behind them stays wild as a great protected nature reserve. Once every lot is sold, the owners vote to place that reserve under the stewardship of an international conservation foundation they designate, so buying a lakefront lot makes you part of protecting the whole valley.

USA Blue Sky LLC holds the project's exclusive sales mandate: it administers and markets the lots, is the selling party, and authorizes the brokers who offer them. The full legal structure, in the United States and in Chile, was designed and validated by Baker McKenzie, which formed the project's LLCs.

At a general level, ownership through the LLC carries annual costs and standard filings; specifics depend on your situation. We defer tax questions to your own counsel and the data-room documents rather than giving personalized advice.