Expatriation Brazil - tax comparison
πŸ‡§πŸ‡·

Brazil

VS
Expatriation Mexico - tax comparison
πŸ‡²πŸ‡½

Mexico

Brazil vs Mexico

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
27.5%
πŸ‡§πŸ‡· Brazil
vs
35%
πŸ‡²πŸ‡½ Mexico
Monthly cost (single)
700 €
πŸ‡§πŸ‡· Brazil
vs
700 €
πŸ‡²πŸ‡½ Mexico
Safety
5/10
πŸ‡§πŸ‡· Brazil
vs
5/10
πŸ‡²πŸ‡½ Mexico

Taxation

πŸ‡§πŸ‡·Brazil
πŸ‡²πŸ‡½Mexico
Top income tax bracket27.5%35%
Corporate tax34%30%
Capital gains22.5%10%
VAT17%16%
Tax treaty with FranceYesYes
Special regimeSimples Nacional (micro et petites entreprises)None
Wealth taxNoNo
Territorial taxationNoNo
πŸ‡§πŸ‡·

Simples Nacional (micro et petites entreprises)

Duration: IllimitΓ©e tant que le CA reste dans les limites

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

Cost of living

πŸ‡§πŸ‡·Brazil
πŸ‡²πŸ‡½Mexico
Monthly cost (single)700 €700 €
Monthly cost (couple)1β€―100 €1β€―100 €
City center rent500 €550 €
Outside city rent300 €350 €
Private health insurance45 €60 €
Public healthcareAccessibleAccessible

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

πŸ‡§πŸ‡· Brazil1β€―200 €/mo
πŸ‡²πŸ‡½ Mexico1β€―250 €/mo

Brazil is approximately 50 € cheaper per month in total.

Quality of life

πŸ‡§πŸ‡·Brazil
πŸ‡²πŸ‡½Mexico
Average temperature25Β°C22Β°C
Safety5/105/10
Health index60/10072/100
Internet55 Mbps50 Mbps
Timezone vs Paris-4h-7h
French-speaking communityVery smallVery small
LanguagesPortugaisEspagnol
CurrencyReal (BRL)Peso mexicain (MXN)
Corruption index36/10031/100
Democracy index6.68/105.63/10

Settling in

πŸ‡§πŸ‡·Brazil
πŸ‡²πŸ‡½Mexico
Residence permit delay4 months3 months
Company creation20 days8 days
Bank accountDifficultModerate
Political stability4.5/104/10
Ease of business124th worldwide60th worldwide

Summary

πŸ‡§πŸ‡·

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) (IllimitΓ©e tant que le CA reste dans les limites)
View full profile Brazil β†’
πŸ‡²πŸ‡½

Mexico

  • Top IT: 35% | Corp. tax: 30%
  • Cost of living: 700 €/mo
  • Safety: 5/10 | Health: 72/100
View full profile Mexico β†’

Comparative analysis: Brazil vs Mexico

Which country has lower taxes?

Both countries are fairly close on taxation. Income tax reaches 27.5% in Brazil and 35% in Mexico. Corporate tax is 34% and 30% respectively. Capital gains are taxed at 10% in Mexico versus 22.5% in Brazil.

Which country is cheaper to live in?

The cost of living is lower in Mexique. A single person spends about 700 EUR/month excluding rent, compared to 700 EUR/month in BrΓ©sil. City center rent averages 550 EUR versus 500 EUR.

Which country is safer?

Both countries have an identical safety score of 5/10.

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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.