💰 Tax Rates

In some Latin American countries, tax season hurts a whole lot less.

Welcome to Latinometrics. We bring you Latin American insights and trends through concise, thought-provoking data visualizations.

Taxes 🤑

When the pandemic shut down offices across the world, some workers didn’t go home. They grabbed their laptops and other meager belongings, booked one-way flights out of the country, and holed up somewhere else. Usually, that somewhere else was cheaper and had better weather.

Some of these people eventually went home, while others committed to the digital nomad lifestyle. Finally, others decided to settle in other countries as either expatriates or immigrants, an occasionally contentious distinction.

You might expect some of the usual places people settled: Medellin, Mexico City, Rio de Janeiro. Others might surprise you, like a certain capital city in the heart of South America.

But in order to understand why people move to some places over others, let’s look at tax rates in Latin America and see which country lets you keep the most of your paycheck in your pocket when the taxman comes a-knockin’.

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