Compare countries & regions

Argentina vs Brazil

Argentina and Brazil side by side — economy, tax, company setup, visas, housing and study, from official and open data.

Economy & society

Metric Argentina Brazil
Population (2024) 45.70M 212.00M
GDP (current US$) (2024) $638.37B $2.19T
GDP per capita (2024) $13,970 $10,311
GDP growth (annual) (2024) -1.3% 3.4%
Inflation (annual) (2024) 219.9% 4.4%
Unemployment (2025) 7.1% 6.0%
FDI net inflows (2024) $11.64B $74.09B

Business & tax

Metric Argentina Brazil
Corporate tax General national corporate income tax rate. Sub-national tax is excluded and shown separately where it applies — a cell reading "15.825% +7–21% municipal" means the national rate plus a local business tax. "on trading income" and "on distributed profit" mark countries whose headline rate does not reach all profit. 34%
Top income tax Top marginal rate on employment income, NATIONAL layer only — that is what makes the column comparable. Where a sub-national layer applies it is added to the cell rather than folded into the number, so "20% +29–35% municipal" is Sweden's national rate plus its municipal one. Social-security contributions are excluded throughout. 27.5%
Capital gains Default rate on long-term gains from listed securities, for an individual. Varies by asset, holding period and residency. Where one percentage cannot state the answer the cell says so instead: "effective" = a fixed share of the gain is taxed as ordinary income; "on deemed return" = the tax falls on a notional return, not on realised gains; "as income" = there is no separate capital-gains tax; "Varies" = no single general rate; "No general CGT" = individuals are not taxed on capital gains, though gains that are trading in nature and gains realised in a business still can be. 15–22.5%
VAT / GST Standard statutory rate. Where one percentage cannot state it the cell says so: "effective" = the statutory rate applies to a reduced tax base; "temporary" = a time-limited rate charged instead of the statutory one, with its end date; "by supply" / "by state" = a band structure with no single standard rate; "No VAT or GST" = the tax does not exist there, which is not a 0% rate. Reduced, zero and exempt categories are not shown. 21% 17–20% by state
Digital nomad visa Whether a dedicated digital-nomad or remote-work visa exists. A country without one may still allow remote work on another status. Yes Yes
DNV income req. (mo) Minimum income the programme requires, converted to USD. Thresholds are set in local currency and move with it. $1,300 $1,500

Figures are headline national values gathered for comparison, not tax or legal advice. Definitions differ between countries — read each row's basis before comparing, and verify against the official authority before acting.

Topic by topic

Company Registration

Argentina

Common companies are the SRL and SA, and an online SAS allows a faster setup. You register with the Public Registry (the IGJ in the City of Buenos Aires, or the provincial registry) and obtain a CUIT tax ID from the federal tax authority (ARCA, formerly AFIP). SA/SRL bylaws are formalised by public deed.

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Brazil

The common company is a Sociedade Limitada (Ltda); registration goes through the state commercial board (Junta Comercial) and requires a federal tax ID (CNPJ). A resident administrator or legal representative in Brazil is generally needed.

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Business Banking

Argentina

Argentine banking is peso-centric with strict currency controls. Residents open an account with a DNI and a CUIL/CUIT tax ID plus proof of address; dollar accounts are heavily controlled and a permanent DNI is needed for full services. The Central Bank (BCRA) regulates banks.

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Brazil

Brazilian banking is highly digital and centred on PIX instant payments. A CPF (tax ID) is mandatory for any account, and foreigners also need a residency permit (CRNM) and proof of address; digital banks (Nubank, Inter, C6) are usually the fastest route. The Banco Central regulates banks.

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Investment

Argentina

Argentina grants foreign investors national treatment and no prior approval for most sectors, but foreign-exchange and capital controls have historically restricted profit and capital repatriation. The RIGI large-investment incentive regime offers tax, customs and FX benefits (and repatriation certainty) for qualifying big projects.

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Brazil

Brazil welcomes foreign investment through ApexBrasil, and foreign capital is generally treated equally with domestic capital. You register foreign investment with the Central Bank (RDE), and a few sectors (rural land, media, air transport) have restrictions. Incentives include regional programs (SUDENE/SUDAM) and the Manaus Free Trade Zone.

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Tax System

Argentina

Argentina taxes residents on worldwide income through Ganancias (income tax); you need a CUIT/CUIL, employers withhold tax, and the tax authority is ARCA (formerly AFIP). There is also a personal-assets tax (Bienes Personales) and VAT (IVA) for businesses.

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Brazil

Brazil's taxes are complex and multi-level: federal income tax (IRPF/IRPJ) via the Receita Federal, plus state (ICMS) and municipal (ISS) taxes. Tax residents are taxed on worldwide income.

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Work Visa

Argentina

Non-MERCOSUR nationals usually get a temporary residence for work sponsored by an employer registered in the national register of applicants (RENURE); the migration authority (Dirección Nacional de Migraciones) issues the residence, completed at a consulate or in-country.

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Brazil

Foreigners need a work-authorising residence permit to work in Brazil; common routes are employment-based, investor and the digital-nomad visa. The Ministry of Justice sets policy and the Federal Police handle registration; work authorisation is often employer-sponsored.

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Student Visa

Argentina

International students accepted by an Argentine institution apply through Migraciones for a student residence — the residencia transitoria por estudios — which authorises legal stay for the study period. The core requirement is a confirmed enrolment letter from a recognised institution, alongside identity documents, a clean criminal record and means of support. The residence is temporary and renewed while studies continue.

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Brazil

Brazil's student visa is the VITEM IV, covering qualifying regular courses, academic exchanges, internships and language courses. Short study stays may fall under visitor rules depending on nationality and length. The step that matters after arrival: visa holders usually register their residence with the Federal Police within the official deadline. Work permission depends on the specific visa or residence basis — confirm it rather than assuming.

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Tourist Visa

Argentina

Many nationalities enter Argentina visa-free for tourism for up to 90 days, commonly extendable once through Migraciones. Nationals who do need a visa apply at an Argentine consulate before travelling. Entry rules and stay limits are set by the Dirección Nacional de Migraciones, and a tourist entry does not authorise work or long-term residence.

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Brazil

Whether you need a visa for Brazil depends on nationality, passport and purpose, and the rules for some nationalities have changed recently — check the MRE consular pages and the official e-Visa portal before booking. Brazil's e-Visa applies only to specific nationalities and purposes; others use regular consular routes or visa exemption. A visa does not replace border checks, so carry the documents used in the application.

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Permanent Residency

Argentina

Argentina grants permanent residence after generally 2 years as a temporary resident, or directly to close family of Argentines (spouse, child or parent). It is managed by the National Migration Directorate (DNM) and lets you live and work freely; naturalization is possible after just 2 years’ residence.

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Brazil

Brazil grants permanent residency through routes such as family reunion, investment, retirement with stable income, or after time on a temporary residence, administered by the Federal Police and Ministry of Justice. Permanent residents live and work freely; naturalization generally follows after 4 years (less in some cases).

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Citizenship

Argentina

Argentina has one of the shortest paths: after 2 years of continuous residence you can request naturalization through a federal court (it is a judicial, not administrative, process). Argentina permits dual nationality and does not require renouncing your original citizenship.

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Brazil

Ordinary naturalization in Brazil normally requires 4 years of residence, reduced to 1 year for nationals of Portuguese-speaking countries and in certain family cases. You must show the ability to communicate in Portuguese and have no disqualifying criminal record. Brazil permits dual nationality. Applications go through the Ministry of Justice.

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Employment & Labor

Argentina

Argentine employment under the Employment Contract Law (LCT) is protective: a national minimum wage (SMVM), a 13th-salary bonus (aguinaldo/SAC), vacation of 14-35 days by service, and severance of about one month's pay per year on dismissal without cause. Work must be registered; disputes go to the labour courts.

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Brazil

Brazilian employment under the CLT is highly protective: a national minimum wage, 30 days' paid vacation plus a one-third holiday bonus, a 13th salary, and the FGTS severance fund. Your job is registered in the carteira de trabalho; dismissal without cause triggers an FGTS penalty, and disputes go to the labour courts (Justiça do Trabalho).

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Import & Export

Argentina

Argentine trade clears through Customs (Dirección General de Aduanas) under the tax authority. Traders register in the importers/exporters registry, classify goods by NCM (Mercosur), and file electronic import declarations. Imports carry duty plus a statistical rate, VAT (21%) and prepaid perceptions; import approvals and foreign-exchange rules can be restrictive.

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Brazil

Brazilian trade goes through Receita Federal's Siscomex (Portal Único) after you obtain RADAR/Habilitação authorization. Goods are classified by NCM (Mercosur nomenclature); imports carry import duty (II) plus IPI, PIS/COFINS and the state ICMS. Some goods need an import licence (LI); the process is document-intensive.

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Trademark & IP

Argentina

Argentine trademarks are registered with the National Institute of Industrial Property (INPI Argentina). You search the register, file under Nice classes, and after publication (with a 30-day opposition period) and examination the mark registers. An Argentine trademark lasts 10 years, is renewable, and requires a mid-term declaration of use. Argentina is not a Madrid member, so file directly.

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Brazil

Brazilian trademarks are registered with the National Institute of Industrial Property (INPI Brazil). You search the register, file under Nice classes, and after publication (with a 60-day opposition period) and examination the mark registers. A Brazilian trademark lasts 10 years and is renewable; Brazil joined the Madrid Protocol in 2019, easing international filing.

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Jobs

Argentina

Argentina's public employment network, run by the labour ministry, offers job matching and training, while most vacancies circulate on private boards and through recruiters. The point that matters most in practice is the line between registered and unregistered work: a formal job is declared to social security, and work paid off the books leaves you without the legal protections that attach to registration. Foreign nationals generally need a residence permit that allows work before starting formal employment, and the public network's services are geared to registered residents.

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Brazil

Brazil records formal employment federally through the Carteira de Trabalho Digital, a digital labour record tied to your CPF tax number rather than a job board. That makes the CPF a precondition for being formally employable, while actual matching happens through private employers, SINE and state or municipal labour offices. Foreign nationals have a third thing to keep aligned: the job start date, the residence authorisation and the labour registration all have to fit together.

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Salaries

Argentina

Argentina's national minimum wage, the Salario Mínimo, Vital y Móvil, is set through a tripartite council, with sector wage floors in collective agreements often sitting higher. The dominant practical fact here is inflation: nominal figures are revised frequently, which makes any remembered or second-hand number unreliable in a way it would not be elsewhere. Always check the current published figure. Registered salaries carry both social-security and income-tax withholding.

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Brazil

Brazil has a statutory national minimum wage set by federal decree, and the decree itself carries official daily and hourly reference values — so you do not have to derive sub-monthly figures yourself. Above that sit two further layers: states can set higher regional wage floors, and collective agreements can set category-specific floors. Use IBGE and official labour sources for wage statistics, and avoid proprietary salary tables for anything that is a compliance decision.

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Scholarships

Argentina

Argentina has fewer centralized scholarships for incoming international students than some countries; funding comes mainly through individual university programs, bilateral agreements with your home country, and research grants (for example via CONICET for doctoral and postdoctoral work). Check each university's international office and your country's agreements, and apply by the deadline.

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Brazil

Brazil's funding for incoming international students is more limited than for outgoing Brazilians. The main structured routes are the PEC-G (undergraduate) and PEC-PG (graduate) programs for students from partner developing countries, plus CAPES and CNPq research grants and individual university scholarships. Explore these programs and university sites and apply by the deadline.

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Study Abroad

Argentina

To study in Argentina you apply to the university, then obtain a student visa or temporary student residence; public undergraduate education is largely free, including for many international students, though you budget for living costs. After arrival you complete residence formalities with the migration directorate (DNM). Explore the university sites and apply by the deadline.

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Brazil

To study in Brazil you apply to the university, then, once admitted, apply for a student visa (VITEM IV) at the Brazilian consulate. After arrival you register with the Federal Police and obtain your migration ID (RNM). Many programs are in Portuguese. Explore the university sites and apply by the deadline.

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Housing

Argentina

Foreigners can buy urban property in Argentina freely (rural land is limited by a 2011 law). You need a CDI (tax ID). Renting was deregulated in late 2023, so terms — including deposit (traditionally about one month) and adjustment — are now largely set by the contract. Buying goes through an escribano (notary), is registered at the property registry, and carries transfer taxes/stamp duties.

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Brazil

Foreigners can buy urban property in Brazil largely freely; rural land is restricted by size and location. You need a CPF (tax number). Renting is governed by the Tenancy Law (Lei do Inquilinato), usually with either a deposit (up to three months) or a guarantor/rental insurance. Buying is registered at the property registry (Cartório de Registro de Imóveis) and carries a municipal transfer tax (ITBI).

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Healthcare

Argentina

Argentina's public hospitals treat everyone, regardless of nationality or immigration status, and care there is free at the point of use — this is unusually unconditional, covering not just emergencies. Many residents additionally use an obra social (union health fund), which for formal employees is funded through payroll and which the self-employed can join voluntarily, or a private prepaid plan (prepaga) for faster access.

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Brazil

Brazil's public system, the Sistema Único de Saúde (SUS), is framed officially as universal and free at the point of use for the population in Brazil, covering primary care, emergency care, hospital services, medicines and public-health programmes through federal, state and municipal management. The distinction that matters for newcomers: foreigners can use public emergency and health services, but local registration and documentation affect routine access. Private plans are a separate supplemental market regulated by ANS.

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Insurance

Argentina

Insurance in Argentina — health, auto, home, life — is offered by private insurers, and all of them must be authorised and supervised by the Superintendencia de Seguros de la Nación. So the single most useful habit is checking a company's registration with the SSN before buying. Third-party liability motor cover is mandatory to drive, while health prepagas are separate and optional. Policy terms, claims and disputes all fall under national insurance regulation.

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Brazil

Brazil mixes public social security, employment-linked FGTS and INSS obligations, private insurance and regulated private health plans — so the first question is always which of those a given product actually is before you rely on it. INSS covers social-security benefits for insured worker categories, while FGTS deposits are employer-funded for eligible employees. Regulation splits too: ANS regulates private health plans, while general insurance should be checked against authorised-market information.

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Frequently asked questions

How do VAT rates compare in Argentina and Brazil?

Argentina 21%%, Brazil 17–20% by state%.

Is Argentina or Brazil wealthier per capita?

Argentina — Argentina $13,970, Brazil $10,311 (World Bank, 2024/2024).

Do Argentina and Brazil offer a digital nomad visa?

Both do.

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