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Gambia
Africa
Lucky Nomads World Index
57.27 / 100
Global rank
#181
Corporate tax
27%
Personal tax
25%
Lucky Nomads Proprietary Indices
22 scoring dimensions scored independently using a deterministic methodology built on primary sources and structured analytical inference.
- SafetyShield Index7.4 / 10
- Affordability Index8.0 / 10
- Entry Ease Index5.2 / 10
- Tax Freedom Index6.2 / 10
- WiFi Index4.7 / 10
- Admin Ease Index4.5 / 10
- Healthcare Index4.9 / 10
- City Comfort Index4.9 / 10
- WeatherComfort Index6.5 / 10
- Banking Index4.3 / 10
- GeoStability Index6.8 / 10
- Justice & Order Index6.0 / 10
- Quality of Life Index5.4 / 10
- Open Society Index4.6 / 10
- Flight Index2.2 / 10
- Environmental Quality Index5.1 / 10
- English Index5.0 / 10
- Wealth Protection Index7.1 / 10
- AI Access Index5.3 / 10
- Economic Openness Index5.8 / 10
- Market Depth Index4.2 / 10
- ClimateShield Index5.3 / 10
Country snapshot
- Capital
- Banjul
- Population (approx.)
- 2,840,000
- Area (km²)
- 11,295 km²
- Currency code (ISO 4217)
- GMD
- Currency name
- Gambian dalasi
- Main airport IATA code
- BJL
- Airport name
- Banjul International Airport
General facts
- Minimum monthly cost
- From $884/month
- Main languages
- English
- Jurisdiction type
- Country
- Region
- Africa
- Web TLD
- .gm
- Phone calling code
- +220
Web TLD and phone codes are general references and can differ for territories or special numbering plans.
Tax system
- Marginal CIT (corporate income tax)
- 27%Very highWorldwide
- Marginal PIT (personal income tax)
- 25%ModerateWorldwide
Corporate taxation basis: Worldwide. The country generally taxes worldwide income of resident companies.
Resident companies (incorporated or controlled in The Gambia) are taxed on worldwide income under the Income and Value Added Tax Act 2012. Non-resident companies are taxed only on Gambian-sourced income through permanent establishment or withholding. GIEPA Act 2015 grants temporary holiday windows (SIC, EPZL) but does not alter the underlying worldwide basis.
Companies pay the higher of 27 percent of taxable profit or a minimum turnover tax (1 percent for audited accounts, 2 percent for unaudited). Both rates have been stable since the 2018 reform that brought CIT down from 30 to 27 percent and the turnover floor from 1.5 to 1 percent.
Personal income tax basis. Worldwide. Resident individuals are generally taxable on their worldwide income, subject to relief under applicable tax treaties.
Residents are taxed on worldwide income. Residence triggers at 183 days of presence in the tax year, an aggregated 183 days of presence over rolling periods, or ownership of a dwelling in The Gambia. Non-residents pay only on Gambian-sourced income. No non-dom regime, no flat tax for new residents, no HNWI carve-out exists.
Progressive PAYE bracket schedule with a top marginal rate of 25 percent, applied via Pay As You Earn on employment income. The 2025 National Budget raised the annual tax-free threshold to and capped the top bracket at 25 percent (down from the earlier 30 to 35 percent ceiling that prevailed under the legacy 2012 IVAT schedule).
Tax percentages here are editorial reference figures for comparison, not individualized tax advice.
Special tax regimes
For companies
Export Processing Zone License (EPZL) with 80 Percent Export Threshold
AvailableThe Export Processing Zone License (EPZL) at the 80 percent export threshold is The Gambia's free zone corporate tax regime administered by GIEPA…
Ten Percent Corporate Tax Concession for 30 Percent Exporters Outside EPZ
AvailableThe 10 percent corporate tax concession is a lighter export incentive available under the GIEPA Act 2015 to enterprises located outside an Export…
Special Investment Certificate (SIC) under the GIEPA Act 2015
AvailableThe Special Investment Certificate (SIC) is The Gambia's flagship corporate tax holiday scheme administered by the Gambia Investment and Export…
You either qualify for the Gambia's special tax regimes, or you don't. GeoCompass determines your eligibility, highlights the applicable conditions, and helps estimate your potential tax exposure.
Check my eligibilityVisa and mobility
Your access
Visa need and length of stay for Gambia. Saved on your device.
Overview
- Citizenship by investment
Not currently available
- Residence by investment
Not currently available
- Remote work visa (digital nomad visa)
Not currently available
Programmes
Gambia lists several residency and mobility routes across work (employer sponsored) and retirement routes. Lucky Nomads tracks these programmes as editorial reference points. Thresholds, documents, and personal eligibility are evaluated in GeoCompass against your exact profile.
3 programmes listed · 3 are marked available in our editorial review
Work (employer sponsored)
2 programmesEmployer-linked permits and skilled employment passes for hired professionals.
- Available
Residential Permit Type B (Residence and Skilled Employment)
- Available
Residential Permit Type C (Unskilled Workers and Small Traders)
Retirement routes
1 programmeRetirement-age or pension-linked residence options.
- Available
Residential Permit Type A (Residence Only)
Not all residency routes are accessible. Some require minimum income, investment thresholds, local substance, or strict eligibility conditions. GeoCompass evaluates which options you can actually secure in the Gambia.
Evaluate my residency optionsVisa and programme labels reflect editorial research, not individualized legal advice. Thresholds, documents, and personal eligibility are evaluated in GeoCompass. Always confirm rules with official government sources before you plan a move.
Dimensions breakdown
Strongest dimensions
- Affordability Index8.0 / 10Very affordable cost of living
- SafetyShield Index7.4 / 10Solid safety baseline
- Wealth Protection Index7.1 / 10Strong wealth protection index
Weakest dimensions
- Flight Index2.2 / 10
- Market Depth Index4.2 / 10
Published ranks by index
One row per leaderboard we publish (the composite index plus each proprietary dimension). A rank appears only when this country is currently in the published top 10 for that list. Open a row to see the full ranking. Hover an index name for the same short definition as elsewhere on the site.
This jurisdiction is not in the published top 10 on any of these lists right now.
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Founder, Lucky Nomads · Wealth manager
Researched from official sources, leading global indices and Lucky Nomads' own scoring.
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