Latin America · South America

Brazil

A genuinely powerful passport in four years — one year if you have a Brazilian child — for an investment that would barely register elsewhere; the price is one of the most aggressive worldwide tax regimes in the region.

Last verified July 2026169 visa-free destinations

Tax position

Income tax (top): 27.5%, plus the new IRPFM minimum tax of up to 10% for high earners from 2026
Capital gains: 15–22.5% progressive on most disposals; 15% flat on offshore financial investments and CFC profits under Lei 14.754/2023
Wealth tax: none — constitutionally authorised (IGF) but never enacted; perennially proposed
Inheritance tax: state-level ITCMD, historically capped at 8%; the 2023 tax reform mandates progressivity, so effective rates are rising
Special regime: None favourable. Lei 14.754/2023 taxes offshore company profits annually at 15% whether or not distributed and treats foreign trusts as transparent to the settlor.
Territorial: No — worldwide income taxed
CFC rules: Yes
Exit tax: No
CRS: Participating