Nicaragua vs Chile
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇳🇮 Nicaragua — Municipal Taxes
Nicaragua's 153 municipalities levy the Impuesto de Matrícula (2% of prior revenues), Impuesto Municipal sobre Ingresos (IMI at 1% of monthly revenues), property tax (IBI at 1%), and service fees. Nicaragua under Ortega government has faced significant economic disruption from 2018 protests and subsequent international isolation. The economy has stabilized somewhat but remains one of the poorest in Central America. Tax administration reform has been ongoing with support from international institutions.
🇨🇱 Chile — Municipal & Regional Taxes
Chile's 16 regions and 346 municipalities do not levy separate income taxes. Municipalities charge patente municipal (business licence fee) based on capital, typically 0.25%–0.5% of net equity/year, capped at ~$8,000 USD. Property tax (contribuciones de bienes raíces) is national in structure but rates vary 0.075%–1.2% by property type. The SII (tax authority) is national. The Royalty Minero (mining royalty) is a significant revenue source in copper-producing regions.
Nicaragua vs Chile: Key Tax Differences (2026)
💰 Income Tax: 🇨🇱 Chile has a higher top income tax rate (0–30% vs 0–40%). 🇳🇮 Nicaragua is more favourable for high earners.
🛒 VAT/Sales Tax: Chile has a higher consumption tax (15% vs 19%).
🏢 Corporate Tax: 🇨🇱 Chile offers a lower corporate rate (27% vs 30%), which can influence business location decisions.
📈 Capital Gains: 🇳🇮 Nicaragua taxes investment gains at a lower rate (15% vs 22%), benefiting investors.