π§π· Brazil
Energetic South American gateway offering colorful culture, stunning landscapes, and growing business potential.
Brazil Citizenship and Naturalization
Grade:
B+Global Rank: 55
Visa-free Access
147 out of 195 countries
Access to Major Destinations
- European Union
- United Kingdom
- Canada
- United States
- China
- Russia
- Japan
| Category | Details |
|---|---|
Citizenship by Descent |
|
Naturalizations |
|
Spouse Naturalization |
|
Birthright Citizenship |
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Economic Citizenship (Investment) |
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Other Provisions |
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Citizenship by Exception |
|
Taxation Overview
Personal Tax Overview: Brazil π§π·
Key information about personal taxation in Brazil
Tax Residency
Normal rule: 183 days
Special rule: No information
Special Tax Regime
Brazil has several special tax regimes, though they mostly target specific sectors or types of income rather than general residency.
| From (BRL) | To (BRL) | Tax Rate |
|---|---|---|
| 0 | 2,259.2 | 0% |
| 2,259.21 | 2,826.65 | 7.5% |
| 2,826.66 | 3,751.05 | 15% |
| 3,751.06 | 4,664.68 | 22.5% |
| 4,664.68 | and above | 27.5% |
Dividend Tax
0%
Dividends paid by Brazilian companies to residents are generally exempt from personal income tax. Non-residents may be subject to withholding tax only on certain dividends, but for residents, dividends are not taxed.
Capital Gains Tax
22.5%
Capital gains are exempt if they arise from the sale of foreign-sourced assets by residents under certain conditions, or if non-residents sell assets located outside Brazil. Certain small transactions or specific exemptions for stocks and other financial instruments may also apply according to Brazilian tax rules.
Property Rental Income
27.5%
Rental income from property located in Brazil is taxed as part of personal income for residents at progressive rates up to 27.5 percent, while non-residents pay a flat 15 percent on Brazilian-sourced rental income.
Property Tax
Yes
Property tax in Brazil includes an annual urban property tax (IPTU) based on market value and a transfer tax (ITBI) of up to 3 percent payable when real estate is sold or transferred.
Inheritance Tax
Yes
Inheritance, estate, and gifts in Brazil are subject to the state-level ITCMD tax, with rates generally up to 8 percent of the value transferred.
Wealth Tax
No
Brazil does not impose a net wealth or personal assets tax.
VAT
18%
Brazil does not have a single federal VAT; instead, value-added taxes are levied at state and municipal levels, with standard rates ranging from 17β18 percent for goods (ICMS), 2β5 percent for services (ISS), and 0β15 percent for manufactured products (IPI).
CFC Laws
Yes
Brazilian residents are subject to CFC (Controlled Foreign Corporation) rules, meaning they may be taxed on profits earned by foreign-controlled entities if certain ownership thresholds and participation conditions are met, while non-residents are not affected.
