Expatriation Canada - tax comparison
🇨🇦

Canada

VS
Expatriation Italy - tax comparison
🇮🇹

Italy

Canada vs Italy

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
33%
🇨🇦 Canada
vs
43%
🇮🇹 Italy
Monthly cost (single)
1 500 €
🇨🇦 Canada
vs
1 200 €
🇮🇹 Italy
Safety
9/10
🇨🇦 Canada
vs
5/10
🇮🇹 Italy

Taxation

🇨🇦Canada
🇮🇹Italy
Top income tax bracket33%43%
Corporate tax15%24%
Capital gains26.7%26%
VAT5%22%
Tax treaty with FranceYesYes
Special regimeNoneRégime Impatriati (70 % d'exonération)
Wealth taxNoNo
Territorial taxationNoNo
🇮🇹

Régime Impatriati (70 % d'exonération)

Duration: 5 ans (prolongeable de 5 ans sous conditions)

Les travailleurs qui transferent leur résidence fiscale en Italie peuvent bénéficier d'une exonération de 70 % de leur revenu imposable (50 % depuis 2024 pour les nouveaux bénéficiaires). Seuls 30 à 50 % des revenus sont effectivement imposés, ce qui réduit considérablement la charge fiscale.

Cost of living

🇨🇦Canada
🇮🇹Italy
Monthly cost (single)1 500 €1 200 €
Monthly cost (couple)2 400 €1 900 €
City center rent1 400 €900 €
Outside city rent900 €550 €
Private health insurance0 €0 €
Public healthcareAccessibleAccessible

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

🇨🇦 Canada2 900 €/mo
🇮🇹 Italy2 100 €/mo

Italy is approximately 800 € cheaper per month in total.

Quality of life

🇨🇦Canada
🇮🇹Italy
Average temperature5°C15°C
Safety9/105/10
Health index91/10065/100
Internet200 Mbps80 Mbps
Timezone vs Paris-6h+0h
French-speaking communityLargeSmall
LanguagesFrançais, AnglaisItalien
CurrencyDollar canadien (CAD)Euro (EUR)
Corruption index76/10056/100
Democracy index8.88/107.69/10

Settling in

🇨🇦Canada
🇮🇹Italy
Residence permit delay8 months6 months
Company creation5 days11 days
Bank accountEasyModerate
Political stability9/107/10
Ease of business23th worldwide58th worldwide

Summary

🇨🇦

Canada

  • Top IT: 33% | Corp. tax: 15%
  • Cost of living: 1 500 €/mo
  • Safety: 9/10 | Health: 91/100
View full profile Canada
🇮🇹

Italy

  • Top IT: 43% | Corp. tax: 24%
  • Cost of living: 1 200 €/mo
  • Safety: 5/10 | Health: 65/100
  • Regime: Régime Impatriati (70 % d'exonération) (5 ans (prolongeable de 5 ans sous conditions))
View full profile Italy

Comparative analysis: Canada vs Italy

Which country has lower taxes?

In terms of taxation, Canada is generally more advantageous. The top marginal income tax rate is 33% compared to 43% in Italie. Corporate tax stands at 15% versus 24%. Capital gains are taxed at 26% in Italy versus 26.7% in Canada.

Which country is cheaper to live in?

The cost of living is lower in Italie. A single person spends about 1 200 EUR/month excluding rent, compared to 1 500 EUR/month in Canada. City center rent averages 900 EUR versus 1 400 EUR.

Which country is safer?

Canada scores higher on safety (9/10 versus 5/10). In terms of healthcare, Canada leads with an index of 91/100 compared to 65/100 for Italie.

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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.