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The Nexus
BUSINESSJul 23 · 05:43 UTCTHE RIO TIMESAna Clara Santos

Chile’s Kast Tax Reform Passes: What Changes for Foreign Residents

Chile’s Chamber of Deputies passed most of President Kast’s tax reform, which includes a gradual reduction of the corporate tax rate from 27% to 23% by 2029 and exemptions for first homes of people over 65 from municipal property tax. Foreign residents’ three-year foreign-income tax rules remain unchanged.

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Chile’s Kast Tax Reform Passes: What Changes for Foreign Residents · The Nexus