South America · South America

Chile

55moderate

Overall Score

Chile is a South America jurisdiction. with a standard worldwide income tax regime applicable to tax residents. Corporate profits are taxed at 27%. The jurisdiction offers a digital nomad visa for qualifying individuals.

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Corporate Tax

27%

Personal Income Tax

40%

Capital Gains

20%

VAT / GST

19%

Overview

Key Data

Taxation

Personal Income Tax (max)40%

Personal Income Tax (min)0%

Corporate Tax Rate27%

Capital Gains Tax20%

VAT / GST19%

Dividend Tax Rate35%

Withholding Tax35%

Territorial TaxationNo

Foreign Income Exempt—

Remittance-Based Tax—

CFC RulesYes

Tax Residency Days183 days/year

Tax Treaties—

Residency & Visa

Digital Nomad VisaYes

Golden VisaNo

Retirement VisaNo

Investment VisaYes

EU MemberNo

Schengen AreaNo

EU PassportNo

Min. Days Required / Year—

Min. Monthly Income—

Min. Investment (residency)—

Citizenship Path—

Setup Difficulty—

Business & Cost of Living

Cost of Living Index48/100

Avg. Monthly Cost—

Company Formation Time—

Formation Cost (est.)—

Annual Compliance Cost—

Free Zone AvailableNo

Banking Easegood

Internet Qualitygood

Compliance & Reputation

FATF Statuscompliant

EU Blacklist Statusnot_listed

OECD Compliance—

CRS Participant—

FATCA Compliant—

BEPS Participant—

Treaty Network Quality—

Personal Tax Residency

Tax residency in Chile is generally triggered by physical presence exceeding 183 days in a calendar year. Foreign income treatment: unknown. Controlled Foreign Corporation (CFC) rules are in force. Residents who own or control foreign entities may face attribution of that entity's undistributed profits under local anti-avoidance provisions.

Integrated tax system: corporate 27% credited against final 35% shareholder tax. Non-habitual CGT 15%; habitual 20%. Remote work visa (Nómade Digital) available. First 6 months new residents: foreign income tax-free. Stable, strong rule of law by regional standards. Santiago cosmopolitan hub.

Company Setup & Business Taxation

The standard corporate income tax rate is 27%. Establishing a legal presence here involves a higher degree of administrative complexity, often requiring local legal assistance.

Banking & Financial Access

Account opening in Chile can be challenging for foreign nationals or non-resident businesses, and enhanced due diligence is common practice. Internet connectivity is generally good, with consistent broadband availability in business districts and main population centres.

Compliance & International Reputation

Chile is a member of the Financial Action Task Force (FATF) and meets its anti-money-laundering standards. EU tax blacklist status: not_listed. Structures involving this jurisdiction may attract additional scrutiny or reporting obligations under EU member state rules.

Who This Jurisdiction Works Best For

Based on our scoring model, Chile ranks highest for Digital Nomad and Founder / Entrepreneur. It offers a reasonable proposition for digital nomad (score: 58/100). It offers a reasonable proposition for founder / entrepreneur (score: 55/100).

Legal Notice

The information on this page is for general informational purposes only and does not constitute legal, tax, or financial advice. Tax laws and residency rules change frequently and vary significantly by individual circumstances. Always consult a qualified professional licensed in the relevant jurisdictions before making any decisions.