The following lists events that happened during 1971 in Chile.
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Presidential decree No. 2071 pardoned 43 left-wing extremists who were fugitives or sentenced to leave the underground Luciano Cruz,Miguel and Edgardo Enriquez, Juan Bautista Jouchen (whose brother was head of the Silo organization in Concepción), Sergio Zorilla, Humberto Sotomayor and Max Joel Marambio.
January 11 - President Salvador Allende announces that as of that day the shares of the main banks operating in the country will be bought, beginning the "Statization" of banking.