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Latin America

Rental Income Tax (Effective) in Latin-America

Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank

Click name of country for detailed information
Chile 35.00%
Guyana 33.33%
Peru 30.00%
Mexico 25.00%
El Salvador 23.48%
Venezuela 22.16%
Ecuador 22.00%
Argentina 21.00%
Guatemala 18.75%
Colombia 15.47%
Panama 15.00%
Brazil 15.00%
Paraguay 15.00%
Bolivia 12.50%
Honduras 11.11%
Uruguay 10.50%
Nicaragua 10.50%
Costa Rica 4.89%

Latin-America: Rental income taxes (%).

The tax levied on the average annual income on a rental apartment/property in the country.

Assumptions:

  • Gross rental income is /US$1,500/month
  • The property is personally directly owned jointly by husband and wife
  • Both owners are foreigners and non-residents
  • They have no other local income
  • There is no mortgage, i.e., no loan is taken for the purchase


In arriving at the pre-tax profit figure, we calculate, and deduct:

  • Depreciation / capital allowances if available. We assume a value for the apartment based on our valuation research, and depreciate on this basis.


We deduct any other costs which a landlord normally pays - management charges, buildings insurance, realtor agency fees, etc. We either choose a standard percentage deduction (if available) or typical actually incurred costs. If real estate tax is normally payable by the landlord, we deduct that.

Our rental income tax figures are provided by accountants (see list of contributors). For more details see the Data FAQ.

Source: Global Property Guide Research, Contributing Accounting Firms

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