Americas · CLP
Chile
Reviewed 2026-06-21
Top income tax
40%
Self-employed SS
Yes
VAT
19%
Capital gains
40%
Exit tax
No
Nomad visa
Yes
53
/ 100
Tax efficiency24
Ease to enter79
Ease to exit65
Cost of living85
Internet81
English25
Chile taxes residents on worldwide income at progressive rates up to 35.5 percent, but inbound foreigners are taxed only on Chilean-source income for their first three years, which is attractive for a relocating solopreneur. There is no separate capital gains tax (gains are folded into ordinary income), no wealth tax, and corporate profits are taxed at 27 percent or a reduced 12.5 percent SME rate through 2027. Independent workers face mandatory pension and health contributions settled through the annual tax return, and VAT runs at a flat 19 percent.
Personal income tax
Income tax structureProgressive
Top income tax rate40%
Entry income tax rate4%
Top rate threshold$101,049
Taxation basisWorldwide
Local/state income taxNo
Social security
Self-employed social securityYes
Employee SS rate20%
Employer SS rate4%
Indirect & other taxes
VAT standard rate19%
Capital gains rate40%
Long-hold CGT exemptionNo
Wealth taxNo
Inheritance/gift taxYes
Inheritance top rate25%
Property taxNo
Exit & residency
Exit taxNo
EU/EEA deferralNo
Days to trigger residency183 days
Corporate
Corporate income tax rate27%
WHT on dividends35%
CFC rulesYes
Incentives & special regimes
Special expat regimeNo
Immigration & setup
Digital nomad visaYes
Entrepreneur visaYes
Ease of setup3 / 5
Lifestyle
Cost of living index38
Internet speed348 Mbps
English proficiencyLow
Civil liberties95
Sources
- PwC Worldwide Tax Summaries — Chile Individual: Taxes on personal income
- PwC Worldwide Tax Summaries — Chile Corporate: Taxes on corporate income
- PwC Worldwide Tax Summaries — Chile Individual: Other taxes (VAT and social security)
- PwC Worldwide Tax Summaries — Chile Corporate: Withholding taxes and CFC
- PwC Worldwide Tax Summaries — Inheritance and gift tax rates quick chart
Informational only. Nothing here is tax, legal, or financial advice. Tax rules change often and vary by personal circumstance. Verify every figure against an official source and a qualified adviser before acting. Figures are re-expressed from public sources and cited per country.