LATAM is moving to Qualifying Points on January 1, 2019 that determines your status with its LATAM Pass program.
The number of points required for status and if this is implemented effective January 1st next year may dependent of your registration country.
You can access LATAM’s page for LATAM PASS qualification in Chile here.
You earn 9 qualifying points per USD on domestic and 6 per USD on international flights.
There are, however, exceptions in place for Brazil and Colombia.
You need to fly very high number of, or all in case of Black Signature, requirements on LATAM marketed flights.
This seems to be a huge mess. They have these new Qualification Points requirements on some pages while still listing the old Dollar requirements on others. Not sure if they are rolling the new requirements to all countries by the January 1?
LATAM Pass Black is basically an Emerald status that requires 110,000 points which is (110,000/6) more than $18K in international airfare spend.
Black status comes with space available upgrades to business class from certain fares that is useful. LATAM doesn’t have business class on domestic flights and if you want to fulfill the $18K spend requirement you need to be often paying for business anyway unless you fly weekly on their long-haul or regional international flights.