Under terms of the agreement, Internacional will have the option of signing a permanent deal for the 26-year-old Chile international, the Porto Alegre outfit said in a statement on their official website, reports Xinhua news agency.
He will be officially presented to fans and the media on Monday.
Gutierrez, whose career has included spells with Universidad Catolica and FC Twente, has struggled for regular first-team football since signing a three-year contract with Real Betis last June.
He has been capped 32 times for Chile and was member of the national team that won the 2015 Copa America as tournament hosts.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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