Madagascar
How Madagascar performs
Tax
Light taxes. Madagascar has one of the lightest tax burdens in the index, 17th of 123. You keep more of what you earn here than in most countries we cover. Personal income tax 0% - 20%, corporate tax 5% or 20%, VAT 20%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Average safety. Safety here is about average for the countries we cover: Madagascar is 50th of 117.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Very affordable. Madagascar is one of the cheapest places to live in the index, 8th of 118. Your money goes a long way here.
Source: Numbeo Cost of Living Index
Education
Weak education. Madagascar has one of the weakest education systems in the index, 115th of 120. Families will likely need international or private schooling.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 5% or 20% Applicable tax rate varies based on the amount of income earned |
|---|---|
| Personal income tax | 0% - 20% Applicable tax rate varies based on the amount of income earned |
| Standard VAT | 20% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 5 years
- Language requirement
- YesProficiency in the Malagasy language
- Investment Immigration Pathway
- Madagascar Investor Visa
- Official languages
- Malagasy and French
- Dual citizenship
- Allows dual citizenship
Mauritius
Egypt
Botswana
Algeria