Expat Community > Chile

greenthumbelina
Joined 2017
Posts: 3

Tax on Foreign Rental Income

9 years ago

Hi Everyone,

I'm wondering if anyone has relocated to Chile and dealt with having US rental income being their primary source of income?
I am actively involved in managing the properties, I have heard there is a 30% deduction for this. I'm wondering if normal cost of living (in Chile) deductions also apply to this income,

Basically I'm considering and "early" retirement in Chile, supporting myself on the rental income but I'm seeing that it may be very steeply taxed, so trying to get more information. Also wondering if it makes a difference if I incorporate the properties. Thanks!!

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