Rental Income Tax in Puerto Rico compared to Latin America
Puerto Rico: Rental income taxes (%).
Tax on the average annual rental income in the country, based on the following assumptions:
- Gross rental income: $1,500/month
- Owned by a foreign, non-resident individual
- No other local income, no mortgage
These figures are for reference only; always consult a reputable lawyer for accurate advice. In many countries, it is more tax-efficient to buy and rent through a company. For more information on property taxes, click on the country links. Updated biannually.
Last updated October, 2024
| Colombia, Medellin |
39.00%
|
| Chile, Santiago |
35.00%
|
| Uruguay, Montevideo |
30.00%
|
| Peru, Lima |
30.00%
|
| Puerto Rico, San Juan |
29.00%
|
| Dominican Republic, San Juan |
27.00%
|
| Argentina, Buenos Aires |
25.49%
|
| Jamaica, Kingston |
25.00%
|
| Costa Rica, San Jose |
15.00%
|
| Brazil, Sao Paolo |
15.00%
|
| Mexico, Mexico City |
9.36%
|
| Panama, Panama City |
5.83%
|
| Belize |
3.00%
|
Puerto Rico real estate data, including prices, rents, and sizes in square meters, has been compiled and analyzed from the following sources:
- Federal Housing Finance Agency
- Point2Homes
- Realtor