Essential information

Ongoing leadership
Sophisticated talent
Entrepreneural Enviroment
A Latin American hub

InvestChile supports expansion of Nisum Chile through Visa Tech program

The Foreign Investment Promotion Agency (InvestChile) will support this technology company’s expansion by streamlining the process of obtaining work visas through the new Visa Tech system.

InvestChile will be responsible for supporting the expansion of Nisum Chile in obtaining work visas for the overseas professionals it hires. For this purpose, the company will be using the Visa Tech system which reduces the time for processing the documents required to hire overseas professionals and their entry to Chile to a maximum of 15 working days.

“Visa Tech is a benefit that can be used by technology services companies and enterprises participating in the Start-Up Chile program which needs to hire highly qualified foreign personnel.” (10 Key Questions about Visa Tech).

In its two months of trial operation, the Visa Tech program has benefitted companies such as Huawei, Evalueserve, and Nisum, facilitating the rapid hiring of some ten professionals.

After acquiring Ki Teknology, US-based Nisum Technologies, which has had operations in Chile since 2012, expects to hire over 100 overseas technology professionals. As a result, the company will have over 250 technicians and professionals of at least 15 different nationalities.

Nisum Chile recently applied to the government’s Economic Development Agency (CORFO) for co-financing for 30% of the US$5.4 million it will be investing in the expansion and remodeling of its current offices and the hiring of 100 additional professionals, half of whom will be from overseas, and in training.


Nisum: Global services made in Chile

The work of Nisum Latam has a global impact thanks to the consumption laboratory which tests and analyzes the behavior of clients and operators in e-commerce and retail transactions for over 25 brands in Asia, Europe, and Latin America.

In addition to the United States and Chile, the company’s expansion plans focus on the export of IT services to Peru, Colombia and Mexico to which, as from 2020, it expects to add Brazil.

Its incorporation of Ki Teknology is in line with its strategy of expansion in the region, indicated Imtiaz Mohammady, CEO of Nisum Technologies, in an interview with El Economista América, which reported that Mohammady would be visiting Santiago to formalize the acquisition of the company’s former strategic partner in Chile.

Mohammady added that “since selecting it as a location five years ago, we have remained convinced that Chile is the best place in Latin America in which to do business. We are extremely satisfied because, although it was not part of our initial strategy, we have several Chilean clients who have embarked on their process of digital transformation and believe in our experience to support them.” Nisum’s acquisition of Ki Teknology forms part of a global “50 by 20″ strategy, launched by the company in 2016 with its acquisition of Adroit in the United States “which will allow us to continue advancing towards being one of the 50 most prestigious IT consultancy companies by 2020.”

He also said that Chile must continue to consolidate an offer of technology services for the United States and the rest of the world as well as continuing to grow its influence in the region.

In the framework of the expansion process, Martin Lewit, currently General Manager of Nisum Chile, will become Nisum’s new Latam General Manager. Lewit indicated that the model of export of services from Chile to the rest of Latin America and the United States confirms that Chile has human capital with the skills required to diversify its production matrix away from the export of raw materials and become an exporter of global services.