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Head-to-head · tax residents 2026

Canada or Uruguay: which should you move to?

Two of Europe's top relocation targets, both with newcomer regimes. Here is how they compare on the taxes that move the needle.

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FactorCA flag Canada UY flag Uruguay
Top personal income tax53.53%36%
Corporate tax26.5%*25%*
Capital gains taxTaxedTaxed
Dividend tax39.3%7%
VAT / sales tax5%22%
Wealth taxNoYes
Inheritance taxNoNo
Foreign incomeWorldwideTerritorial
Headline expat regimeNoneNew-resident tax holiday (foreign passive income exemption)
Cost of living (vs your country)8366
Population41,651,6533,384,688
Area9,984,670 km²176,220 km²
Population density4/km²19/km²
Airports (large + medium)2507
Annual tourists32,430,0003,480,000
Flight time from your country··
Direct flight likely?··
Life expectancy82.7 yrs78.3 yrs
Safety (homicides/100k)211.2
Happiness (0-10)7.236.44
Corruption index (higher = cleaner)77/10071/100
Double-tax treaties (approx)~94~22
Internet speed (median fixed)278 Mbps181 Mbps
Healthcare spend / person$6,378$2,076
Air quality (PM2.5, lower=better)6.5510.85
Time zone (approx)UTC-5UTC-4
Digital nomad visa·Yes
Official languages2 (French, English)· ()

Green = more favourable. Cost of living shown as a percentage of your home country (under 100% = cheaper than home). Tax data: compiled by us, being re-verified; cost of living: World Bank PPP; area & population: GeoNames; life expectancy & homicide rate: World Bank.

* Canada: Federal general rate 15% plus provincial (~8%-16%); combined general ~23%-31% (Ontario 26.5%). Small-business rate 9% federal + provincial on first CAD 500k of active income  ·  Uruguay: IRAE. Territorial/source-based: only Uruguayan-source income taxed. 15% domestic minimum top-up tax (Pillar Two) for large MNE groups.

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CA flag Canada or Spain ES flagCA flag Canada or Portugal PT flagUY flag Uruguay or Spain ES flagUY flag Uruguay or Portugal PT flag

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