Rivaldo, who also won the World Cup with Brazil in 2002, won the Ballon d'Or whilst playing for Barcelona in 1999.
"I think that going to Real Madrid, or to some club in England, I think he will have more chances [of winning the Ballon d'Or]," Rivaldo said.
"I mean no offence, but we know that the French league is not the same as the Spanish or English league, where there's more difficulty.
"I think he [Neymar] would have more chances to win the Champions League, so... when a player wins the Champions League, he has more chances of being the best in the world."