Chile income tax

Chile tax calculator

Enter your income to estimate what you would pay in Chile, as an employee or running your own company, and see the best-value cities. Get the full breakdown plus a vetted advisor by email.

How much is income tax in Chile?

Chile taxes personal income at rates up to 40%. For the first 3 years only Chilean source income is taxed; worldwide income after that

Compiled by MyNomadWorld for Chile and currently being re-verified against primary sources. Confirm with a local adviser before relying on it.

Chile expat & digital-nomad tax regime

Under the 3-year foreign-income exemption for foreigners regime, a qualifying new resident or foreign-income remote worker pays an effective rate of about 0% instead of the 40% headline. This benefit is temporary or conditional (it runs for a limited period or requires you to stay non-resident), so treat it as a head start, not a permanent zero.

Official source: PwC Chile

Capital gains, wealth & property tax

• Capital gains: 27% as a general rule; individuals holding listed shares with market presence may pay a single 10% or be exempt within limits; real estate has a UF denominated exemption
• Wealth tax: Chile levies no wealth tax

Inheritance & gift tax in Chile

Progressive inheritance tax up to 25% Allowances and exempt thresholds for a spouse and children, with a progressive banded scale

Corporate tax & VAT

The standard corporate profits tax is 27%.

How to become a tax resident of Chile

6 consecutive months in a calendar year, or more than 6 months, consecutive or not, across two consecutive years

Cost of living & lifestyle

Cost of living is about 48% of the US level, with average purchasing power near $36k (PPP). Pick a city below to see its monthly climate and cost.

Banking in Chile

You will want a local or multi-currency account for rent, bills and getting paid. See our guide to the best banks in Chile.

For receiving income and moving money the day you arrive, Wise lets you hold and convert 40+ currencies and get paid like a local. Open a free Wise account →

Wise link is an affiliate link; we may earn a commission at no cost to you.

Climate & cost by city

Average monthly temperature (°C) and rainfall. Climate: Open-Meteo ERA5; cost of living: World Bank PPP (same-year pairing), omitted where unavailable.

Chile tax treaties

Chile maintains around 34 double taxation treaties in force. They generally follow the OECD Model Convention and reduce withholding tax on cross-border dividends, interest and royalties, so the same income is not taxed twice when you move, invest or earn across borders. That is a broad network, useful for internationally mobile earners and investors.

Major treaty partners

Chips with a link open the full withholding-tax detail for that treaty pair.

Approximate size of the DTA network; confirm the specific treaty and its terms before relying on it.

Chile tax treaty guides

Detailed double-tax-treaty guides (withholding rates on dividends, interest and royalties) are available for 11 of Chile's partners:

Argentina · Brazil · China · Colombia · Ecuador · India · Mexico · Paraguay · Peru · South Africa · Thailand