Expatriation Brazil - tax comparison
🇧🇷

Brazil

VS
Expatriation Cyprus - tax comparison
🇨🇾

Cyprus

Brazil vs Cyprus

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
27.5%
🇧🇷 Brazil
vs
35%
🇨🇾 Cyprus
Monthly cost (single)
700 €
🇧🇷 Brazil
vs
1 100 €
🇨🇾 Cyprus
Safety
5/10
🇧🇷 Brazil
vs
7/10
🇨🇾 Cyprus

Taxation

🇧🇷Brazil
🇨🇾Cyprus
Top income tax bracket27.5%35%
Corporate tax34%12.5%
Capital gains22.5%0%
VAT17%19%
Tax treaty with FranceYesYes
Special regimeSimples Nacional (micro et petites entreprises)Non-Dom (exonération dividendes et intérets)
Wealth taxNoNo
Territorial taxationNoNo
🇧🇷

Simples Nacional (micro et petites entreprises)

Duration: Illimitée tant que le CA reste dans les limites

Le Simples Nacional est un régime simplifié pour les micro et petites entreprises avec un CA annuel jusqu'à 4,8 millions BRL (environ 880 000 EUR). Les taux varient de 4 % à 33 % selon le CA et le secteur d'activité, mais incluent tous les impots et cotisations en un seul paiement.

🇨🇾

Non-Dom (exonération dividendes et intérets)

Duration: 17 ans

Les résidents non-domiciliés à Chypre bénéficient d'une exonération totale sur les dividendes et les intérets pendant 17 ans. Combiné avec l'absence d'impot sur les plus-values (hors immobilier chypriote), c'est l'un des régimes les plus avantageux d'Europe.

Cost of living

🇧🇷Brazil
🇨🇾Cyprus
Monthly cost (single)700 €1 100 €
Monthly cost (couple)1 100 €1 800 €
City center rent500 €850 €
Outside city rent300 €550 €
Private health insurance45 €70 €
Public healthcareAccessibleAccessible

Estimated total monthly budget (single, with city center rent)

🇧🇷 Brazil1 200 €/mo
🇨🇾 Cyprus1 950 €/mo

Brazil is approximately 750 € cheaper per month in total.

Quality of life

🇧🇷Brazil
🇨🇾Cyprus
Average temperature25°C20°C
Safety5/107/10
Health index60/10056/100
Internet55 Mbps80 Mbps
Timezone vs Paris-4h+1h
French-speaking communityVery smallSmall
LanguagesPortugaisGrec, Anglais, Turc
CurrencyReal (BRL)Euro (EUR)
Corruption index36/10053/100
Democracy index6.68/107.29/10

Settling in

🇧🇷Brazil
🇨🇾Cyprus
Residence permit delay4 months2 months
Company creation20 days8 days
Bank accountDifficultEasy
Political stability4.5/107.5/10
Ease of business124th worldwide54th worldwide

Summary

🇧🇷

Brazil

  • Top IT: 27.5% | Corp. tax: 34%
  • Cost of living: 700 €/mo
  • Safety: 5/10 | Health: 60/100
  • Regime: Simples Nacional (micro et petites entreprises) (Illimitée tant que le CA reste dans les limites)
View full profile Brazil
🇨🇾

Cyprus

  • Top IT: 35% | Corp. tax: 12.5%
  • Cost of living: 1 100 €/mo
  • Safety: 7/10 | Health: 56/100
  • Regime: Non-Dom (exonération dividendes et intérets) (17 ans)
View full profile Cyprus

Comparative analysis: Brazil vs Cyprus

Which country has lower taxes?

In terms of taxation, Chypre is generally more advantageous. The top marginal income tax rate is 35% compared to 27.5% in Brésil. Corporate tax stands at 12.5% versus 34%. Capital gains are taxed at 0% in Cyprus versus 22.5% in Brazil.

Which country is cheaper to live in?

The cost of living is lower in Brésil. A single person spends about 700 EUR/month excluding rent, compared to 1 100 EUR/month in Chypre. City center rent averages 500 EUR versus 850 EUR.

Which country is safer?

Chypre scores higher on safety (7/10 versus 5/10). In terms of healthcare, Brésil leads with an index of 60/100 compared to 56/100 for Chypre.

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Disclaimer

The tax information presented is based on estimates from public sources (PwC, OECD, government sources). It does not constitute tax or legal advice. Tax rules change regularly and your personal situation may significantly affect the calculation. Consult a qualified professional before making any relocation decision.