Chile
How Chile performs
Tax
On the high side. Taxes here are heavier than in most countries we cover (88th of 123). Worth taking tax advice before you move. Personal income tax 0-35.5%, corporate tax 25% or 27%, VAT 19%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Safe. Chile is safer and more stable than most countries we cover (46th of 117).
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Average cost. Everyday costs are mid-table: Chile is 49th of 118.
Source: Numbeo Cost of Living Index
Education
Good education. Education here is stronger than in most countries we cover: Chile is 42nd of 120.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 25% or 27% Applicable tax rate varies based on the nature of the business |
|---|---|
| Personal income tax | 0-35.5% Applicable tax rate varies based on the amount of income earned |
| Standard VAT | 19% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 5 years
- Language requirement
- No
- Investment Immigration Pathway
- Chile Investor Visa
- Official language
- Spanish
- Dual citizenship
- Allows dual citizenship