Namibia
How Namibia performs
Tax
High taxes. Namibia has one of the heaviest tax burdens in the index, 102nd of 123. A large share of income and profit goes to tax, so it suits people who are not moving for tax reasons. Personal income tax 0-37%, corporate tax 30%*, VAT 15%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Average safety. Safety here is about average for the countries we cover: Namibia is 54th of 117.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Affordable. Everyday life costs less here than in most countries we cover: Namibia is 45th of 118.
Source: Numbeo Cost of Living Index
Education
Below average. Education here is weaker than in most countries we cover (95th of 120). Families may want to look at international schools.
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 | 30%* 18% tax for manufacturing companies for first 10 years of registration |
|---|---|
| Personal income tax | 0-37% Applicable tax rate varies based on the type of income |
| Standard VAT | 15% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 10 years
- Language requirement
- No
- Investment Immigration Pathway
- Namibia Investor Permit
- Official language
- EnglishOshiwambo and some other languages are also widely used
- Dual citizenship
- Allows dual citizenship
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