The full list of property taxes in Chile in 2025

Authored by the expert who managed and guided the team behind the Chile Property Pack

Everything you need to know before buying real estate is included in our Chile Property Pack

Who is the author of this content?

THE LATINVESTOR

A team specialized in real estate investing in LATAM countries

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Chile. If you'd like to learn more about us, you can check our presentation page.

What exactly counts as "property taxes" in Chile for 2025—can you list each tax by official name (in Spanish), what it covers, and the law or decree behind it?

Chile's property tax system in 2025 includes several specific taxes that property owners must pay throughout the ownership lifecycle.

The primary property tax is the Impuesto Territorial (also commonly called "Contribuciones de Bienes Raíces"), governed by Ley N° 17.235 and refunded by DFL N° 1, 1998, from the Ministry of Hacienda. This tax covers all real estate including urban properties, rural land, built structures, and vacant lots, calculated based on the avalúo fiscal (fiscal assessed value) determined by the Servicio de Impuestos Internos (SII).

Additional property-related taxes include special surcharges for high-value properties exceeding 670 UTA per taxpayer, established under Ley 21.210, article 7 bis from 2020. These surcharges apply progressively with rates from 0.075% to 0.425% depending on total property values held by an individual taxpayer.

Transaction taxes apply when buying property, including 19% VAT (Impuesto al Valor Agregado) on new construction purchases from developers, and stamp duty (Impuesto al Timbre y Estampillas) ranging from 0.2% to 0.8% on mortgage loans and financing contracts.

It's something we develop in our Chile property pack.

Who is on the hook to pay each of these taxes—owners, co-owners, usufruct holders, or foreign owners—and does the rule change for a primary home versus a second home?

The registered property owner (dueño) bears primary responsibility for paying Chile's property taxes, regardless of nationality or residency status.

Co-owners share proportional responsibility based on their ownership percentage as registered in the property title. Usufruct holders (usufructuarios) become liable for property taxes during their usufruct period, though the original owner remains responsible for any unpaid amounts from before the usufruct agreement began.

Foreign owners face identical tax obligations as Chilean citizens, with no special rates or exemptions based on nationality. Tenants (arrendatarios) can become liable for property taxes only if specifically stated in their rental contract, and only for periods after their tenancy begins.

The Chilean tax system makes no distinction between primary homes and second homes regarding payment obligations. However, certain benefits and exemptions do depend on property use, such as the residential property exemption threshold and elderly homeowner benefits that require owner-occupation.

Payment responsibility transfers immediately upon property sale completion and title registration, making the new owner liable for all future tax obligations from the transfer date forward.

How is the fiscal assessed value (avalúo fiscal) for a property calculated, how often is it updated, and where can an owner look up the current number online?

The Servicio de Impuestos Internos (SII) calculates Chile's fiscal assessed values (avalúo fiscal) using standardized methodology that considers land value, building value, and common areas for condominiums.

Land value calculations multiply the property's surface area by the unit value established for its "Área Homogénea" (homogeneous area), which groups similar neighborhoods based on location, infrastructure, and market characteristics. Building values consider construction materials, surface area, structural quality, age, and depreciation factors.

The SII conducts general revaluations every four years for non-agricultural properties under Ley N° 21.078, article 3, with annual updates for specific cases involving major improvements, use changes, or substantial modifications. Agricultural properties follow different revaluation schedules.

Property owners can access their current fiscal assessed values online through the SII web portal at www.sii.cl using the "Servicios Online > Avalúos y Contribuciones de bienes raíces > Obtener Certificado de Avalúo Fiscal" section. Users need either the property identification number or owner credentials to access the information.

Alternative access methods include visiting SII regional offices with proper identification and property documentation, or requesting the information through authorized tax consultants.

What are the exact 2025 rates and brackets for the Territorial Property Tax (Impuesto Territorial/Contribuciones) for residential, non-residential, and agricultural properties, stated clearly as percentages and thresholds in CLP?

Are there any surcharges or special taxes in 2025 (for example on high-value properties, second homes, vacant land, or luxury amenities), and what are the precise thresholds and rates?

Chile imposes several surcharges and special taxes on specific property types and high-value holdings in 2025.

The high-value property surtax, established under Ley 21.210 article 7 bis, applies to taxpayers whose total property values exceed 670 UTA (approximately 450,000,000 CLP in 2025, subject to annual UTA adjustments). This progressive surcharge operates on three brackets: properties valued between 670-1,175 UTA incur an additional 0.075% annual tax, holdings between 1,175-1,510 UTA face 0.15% extra, and properties exceeding 1,510 UTA pay an additional 0.425% annually.

Vacant urban land, abandoned urban properties, and gravel pits (pozos lastreros) face a special rate of 1.23% annually on their total fiscal value, slightly higher than standard non-residential rates. This surcharge aims to discourage property speculation and encourage development of urban land.

Chile does not impose specific second-home taxes or luxury amenity surcharges beyond the high-value property surtax. However, properties with swimming pools, tennis courts, or other luxury features receive higher fiscal assessments that increase their base tax calculations.

Municipal governments cannot impose additional property taxes beyond the national territorial tax system, ensuring uniform rates across Chile's regions.

What exemptions, discounts, or credits exist in 2025 (e.g., social housing, elderly or disabled owners, heritage properties, earthquake-affected areas), and what are the exact eligibility rules and steps to claim them?

Chile offers several property tax exemptions and discounts for specific property types and owner circumstances in 2025.

Social housing (vivienda social) receives full or partial exemptions depending on property value and government housing program classification. Properties built under government subsidized housing programs typically qualify for complete tax exemption for specified periods.

Elderly and low-income homeowners benefit from Ley N° 20.732, which caps property tax payments at 5% of annual income for qualifying individuals. Women aged 60 and older, men aged 65 and older, with annual incomes below the income tax threshold and properties valued under 75 million CLP qualify for this benefit. Applicants must have owner-occupied the property for at least two years and demonstrate low-income status through official documentation.

Heritage properties designated by the National Monuments Council receive partial or complete exemptions based on their historical significance and preservation requirements. Religious properties used exclusively for worship, educational institutions serving public purposes, and nonprofit organizations focused on charitable activities qualify for full exemptions.

Earthquake-affected properties in declared disaster zones receive temporary exemptions or reductions during reconstruction periods, with specific benefits determined by government decree for each disaster event.

Property owners apply for exemptions through the SII website or regional offices, providing required documentation including property titles, income statements, age verification, and occupancy proof. Only one exemption applies per property when multiple benefits are available.

What are the 2025 payment dates (by installment), accepted payment methods, and any early-payment discounts for Contribuciones, and can you confirm the agency and portal where payments are made?

Chile's territorial property tax (Contribuciones) payments follow a quarterly schedule with four fixed installments throughout 2025.

The payment dates are April 30 for the first installment, June 30 for the second, September 30 for the third, and November 30 for the fourth installment. Property owners must complete payments by these deadlines to avoid interest charges and penalties.

Accepted payment methods include online payments through the SII portal at www.sii.cl, authorized bank websites, Servipag platforms, and other government-approved digital channels. In-person payments are accepted at participating banks and designated payment agents throughout Chile.

Chile does not offer general early-payment discounts for property taxes in 2025, unlike some other countries. Property owners pay the same amount regardless of payment timing, provided they meet the quarterly deadlines.

The Servicio de Impuestos Internos (SII) administers and collects all territorial property taxes, with their online portal serving as the primary payment platform for digital transactions.

Don't lose money on your property in Chile

100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.

Download Now

If someone pays late, what interest rate, penalties, and collection fees apply in 2025, how are they calculated, and can you show a worked example for a missed installment?

Late property tax payments in Chile incur monthly interest charges, fixed penalties, and potential collection fees that accumulate until full payment completion.

Interest rates for late tax payments follow the same schedule as federal tax arrears, typically ranging from 1.5% to 2% per month depending on inflation adjustments and Central Bank reference rates. The SII publishes exact monthly rates on their website, with rates compounding monthly on unpaid balances.

Fixed penalties escalate based on payment delay duration and frequency of late payments. First-time late payers face lower penalties than repeat offenders, with amounts ranging from 10% to 20% of the unpaid tax amount.

Collection fees apply when the SII initiates legal collection procedures, typically after 90 days of non-payment. These fees cover administrative costs and legal proceedings, calculated according to fixed fee schedules published by the tax authority.

Worked example: A property owner owes 150,000 CLP for a quarterly installment but pays two months late. Interest calculation: 150,000 CLP × 1.5% per month × 2 months = 4,500 CLP in interest. Adding a 15% fixed penalty: 150,000 CLP × 15% = 22,500 CLP. Total amount due: 150,000 + 4,500 + 22,500 = 177,000 CLP, representing an 18% increase over the original obligation.

If the property is rented out, how are 2025 rental income taxes computed (regime options, allowable deductions, depreciation rules), and are Contribuciones deductible—if so, how and where?

Rental income in Chile falls under the Impuesto a la Renta (income tax) system, with property owners choosing between two tax regimes depending on their circumstances and preferences.

The provisional tax regime (régimen de renta presunta) applies presumed income rates to property values, while the real income regime (régimen de renta efectiva) taxes actual rental income minus allowable deductions. Most small-scale property investors use the real income regime for better tax optimization.

Under the real income regime, property owners can deduct documented expenses including property management fees, maintenance costs, insurance premiums, depreciation on buildings and furnishings, and territorial property taxes (Contribuciones). Building depreciation typically applies at 2% annually for residential properties, while furnishing depreciation varies by item type.

Contribuciones are fully deductible from rental income when using the real income regime, reducing taxable rental profits dollar-for-dollar. Property owners report these deductions on their annual tax return using Formulario 22 through the SII web portal.

Net rental income after deductions faces standard personal income tax rates, which range from 0% to 40% depending on total annual income levels. Property owners must maintain detailed records of all rental income and deductible expenses for tax compliance and SII audits.

It's something we develop in our Chile property pack.

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Chile versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.

When selling a property, what are the 2025 capital-gains rules (exemptions, thresholds, rates, inflation adjustments, primary-residence relief), and can you provide one numeric example for a typical apartment sale?

Chile's capital gains tax system for property sales includes specific exemptions and inflation adjustments that can significantly reduce or eliminate tax obligations for individual sellers.

Capital gains calculations use the formula: Sale price minus (original purchase cost plus inflation indexation plus direct transaction expenses). The inflation adjustment applies UF (Unidad de Fomento) indexation from purchase date to sale date, protecting sellers from taxation on inflation-driven value increases.

The principal residence exemption provides complete tax relief on capital gains up to 8,000 UF in cumulative lifetime gains for properties used as primary homes. Sellers must have owned the property for at least one year and used it as their principal residence to qualify for this exemption.

Non-exempt capital gains face a 10% tax rate for individual sellers, while corporate sellers face standard corporate income tax rates. Investment properties and second homes without exemption eligibility pay the full 10% rate on calculated gains.

Numeric example: An apartment purchased for 5,000 UF in 2015 sells for 7,000 UF in 2025. Capital gain = 7,000 - 5,000 = 2,000 UF (approximately 80,000,000 CLP at current UF values). If this represents the seller's principal residence and they haven't used the lifetime exemption, the entire 2,000 UF gain remains tax-free. For a non-exempt sale, the tax obligation would be 2,000 UF × 10% = 200 UF (approximately 8,000,000 CLP).

When buying or financing, what transaction taxes and compulsory fees apply in 2025 (VAT on new builds, stamp duty on loans, registry and notary fees), and what are the exact rates and common CLP ranges?

Property purchases in Chile involve several mandatory taxes and fees that buyers must budget beyond the property purchase price.

New construction purchases from developers or construction companies incur 19% VAT (Impuesto al Valor Agregado) on the total sale price. This substantial tax applies only to first-time sales of new properties, not to resales between individuals.

Mortgage and financing contracts face stamp duty (Impuesto al Timbre y Estampillas) calculated at 0.2% per month or fraction thereof, with a maximum rate of 0.8% of the loan value. Most standard mortgage terms result in the maximum 0.8% rate application.

Registry fees range from 0.2% to 0.5% of property value, varying by municipality and property characteristics. Santiago and major urban areas typically charge higher registry fees than smaller municipalities.

Notary fees operate on fixed schedules rather than percentages, typically ranging from 200,000 to 400,000 CLP for standard apartment transactions. Complex transactions involving multiple parties or special conditions may incur higher notary costs.

Total transaction costs typically represent 2% to 4% of property value for resale purchases, but can exceed 20% for new construction due to VAT implications. Buyers should budget accordingly and factor these costs into their financing requirements.

Can you provide three side-by-side numeric examples—a primary residence, a rental unit with a mortgage, and a new-build purchase—showing all annual and one-time taxes in CLP and USD at a stated exchange rate?

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Sources

1. BCN - Impuesto Territorial 2025 Aspectos Generales
2. SII - Nuevas Tasas del Impuesto Territorial 2025
3. ChileAtiende - Pago de Contribuciones de Bienes Raíces
4. Tiempo21 - Reavalúo de Bienes Raíces 2025
5. Parque Avellano - Avalúo Fiscal de Propiedades
6. Dedecon - Contribuciones de Bienes Raíces
7. SII - Chilean Income Tax System
8. PWC Tax Summaries - Chile