Myanmar
How Myanmar performs
Tax
Lighter than most. Taxes here are below average: Myanmar is 26th of 123. Most people keep a good share of their income and business profit. Personal income tax 1-25%, corporate tax 17-22%, VAT 0*%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Serious concerns. Myanmar is one of the least peaceful countries in the index, 111th of 117. Check current travel advice before planning a move.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Affordable. Everyday life costs less here than in most countries we cover: Myanmar is 44th of 118.
Source: Numbeo Cost of Living Index
Education
Weak education. Myanmar has one of the weakest education systems in the index, 103rd 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 | 17-22% Applicable tax rate varies based on company incorporation, nature of the business and public listing |
|---|---|
| Personal income tax | 1-25% Applicable tax rate varies based on amount of income earned |
| Standard VAT | 0*% *Commercial tax has a rate of 5% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- NA (no long-term residency for naturalization)
- Language requirement
- No
- Investment Immigration Pathway
- Not applicable
- Official language
- BurmeseEnglish is also widely used
- Dual citizenship
- Allows with conditions
Uzbekistan
Malaysia
Kazakhstan
Kyrgyzstan