Rental Income Tax (Effective) in Ecuador compared to Latin America

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Click name of country for detailed information
Argentina 14.70%
Bolivia 12.50%
Brazil 15.00%
Chile 35.00%
Colombia 24.75%
Costa Rica 5.10%
Ecuador 25.00%
El Salvador 25.58%
Guatemala 18.75%
Guyana 33.33%
Honduras 11.11%
Mexico 25.00%
Nicaragua 10.50%
Panama 2.08%
Paraguay 10.00%
Peru 30.00%
Uruguay 10.50%
Venezuela 22.16%

Ecuador: Rental income taxes (%).

The tax levied on the average annual income on a rental apartment/property in the country.

Assumptions:

  • Gross rental income is /US$1,500/month
  • The property is personally directly owned jointly by husband and wife
  • Both owners are foreigners and non-residents
  • They have no other local income
  • There is no mortgage, i.e., no loan is taken for the purchase


In arriving at the pre-tax profit figure, we calculate, and deduct:

  • Depreciation / capital allowances if available. We assume a value for the apartment based on our valuation research, and depreciate on this basis.


We deduct any other costs which a landlord normally pays - management charges, buildings insurance, realtor agency fees, etc. We either choose a standard percentage deduction (if available) or typical actually incurred costs. If real estate tax is normally payable by the landlord, we deduct that.

Our rental income tax figures are provided by accountants (see list of contributors). For more details see the Data FAQ.

Source: Global Property Guide Research, Contributing Accounting Firms


There are no house price statistics for Ecuador, and its statistical data is generally weak. The Instituto Nacional de Estad'stica y Censos is an ill-organized collection of stale data. The Banco Central del Ecuador is better, but alas has few downloadable time-series (data tends to be in 'press release' format). The monthly report on inflation is well presented.