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Mongolia
Asia
Lucky Nomads World Index
63.97 / 100
Global rank
#118
Corporate tax
25%
Personal tax
20%
Lucky Nomads Proprietary Indices
22 scoring dimensions scored independently using a deterministic methodology built on primary sources and structured analytical inference.
- SafetyShield Index6.9 / 10
- Affordability Index7.7 / 10
- Entry Ease Index5.0 / 10
- Tax Freedom Index6.8 / 10
- WiFi Index7.5 / 10
- Admin Ease Index5.9 / 10
- Healthcare Index7.5 / 10
- City Comfort Index6.9 / 10
- WeatherComfort Index5.1 / 10
- Banking Index8.4 / 10
- GeoStability Index7.5 / 10
- Justice & Order Index5.7 / 10
- Quality of Life Index6.7 / 10
- Open Society Index6.5 / 10
- Flight Index2.1 / 10
- Environmental Quality Index5.6 / 10
- English Index3.9 / 10
- Wealth Protection Index7.5 / 10
- AI Access Index5.9 / 10
- Economic Openness Index6.3 / 10
- Market Depth Index5.3 / 10
- ClimateShield Index7.2 / 10
Country snapshot
- Capital
- Ulaanbaatar
- Population (approx.)
- 3,500,000
- Area (km²)
- 1,564,116 km²
- Currency code (ISO 4217)
- MNT
- Currency name
- Mongolian tögrög
- Main airport IATA code
- UBN
- Airport name
- Chinggis Khaan International Airport
General facts
- Minimum monthly cost
- From $1,056/month
- Main languages
- Mongolian
- Jurisdiction type
- Country
- Region
- Asia
- Web TLD
- .mn
- Phone calling code
- +976
Web TLD and phone codes are general references and can differ for territories or special numbering plans.
Tax system
- Marginal CIT (corporate income tax)
- 25%Very highWorldwide
- Marginal PIT (personal income tax)
- 20%ModerateWorldwide
Corporate taxation basis: Worldwide. The country generally taxes worldwide income of resident companies.
Resident entities are taxed on worldwide aggregate income. Non-residents are taxed only on Mongolian-source income or income earned through a permanent establishment. Foreign tax credit is available up to the Mongolian tax liability on the same income. Mongolia has signed over 30 double tax treaties broadly following the UN Model and is a signatory to the Multilateral BEPS Convention.
Progressive scale. The headline 25% applies on annual taxable income exceeding (around USD 1.7 million). Income up to is taxed at 10%, and entities under annual revenue pay only 1% (excluding mining, petroleum, alcohol and tobacco). A 90% CIT credit further reduces the effective rate to around 1% on the first of taxable income for entities under annual revenue.
Personal income tax basis. Worldwide. Resident individuals are generally taxable on their worldwide income, subject to relief under applicable tax treaties.
Resident individuals are taxed on worldwide income, including foreign-source income earned during the residency period. Tax residence triggers at 183 days physical presence over a 12-month rolling window or where 50% or more of total taxable income derives from Mongolian sources. There is no wealth tax, no inheritance tax, no estate tax and no gift tax.
Progressive PIT scale on employment income for residents: 10% up to annual taxable income (around USD 34,800), 15% on the bracket from to , and 20% on income above (around USD 52,200). Non-residents pay a flat 20% on Mongolian-source income. Investment income (dividends, royalties, interest, capital gains on securities) is taxed at a flat 10% for residents.
Tax percentages here are editorial reference figures for comparison, not individualized tax advice.
Special tax regimes
For companies
Free Trade and Economic Zones (Altanbulag, Zamiin-Uud, Tsagaannuur, Khushig Valley)
AvailableMongolia operates four Free Zones treated as outside the customs territory.
Tax Stabilization Certificate (Investment Law of Mongolia)
AvailableStabilization Certificate issued under the 2013 Investment Law that locks corporate income tax, customs duties, VAT and mineral resource royalty…
Small Business Reduced Rate (1% and 90% credit tiers)
AvailableTwo-tier reduced corporate income tax regime for small and medium-sized enterprises.
Virtual Zone for Supporting Information Technology Production (SITP Virtual Zone)
AvailableElectronic registration regime for legal entities engaged in information technology production, established under the Law on Supporting Information…
Innovation Startup 5-year CIT and VAT Exemption
AvailableIncome from the sale of innovative products, works and services newly created by a startup company is exempt from corporate income tax for 5 years…
Industrial and Technology Parks Immovable Property Tax Concession
AvailableReal estate located in the territory of an industrial and technology park is exempt from immovable property tax (IPT) for the first 5 years…
You either qualify for Mongolia'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 Mongolia. Saved on your device.
Overview
- Citizenship by investment
Not currently available
- Residence by investment
Available
- Remote work visa (digital nomad visa)
Not currently available
Programmes
Mongolia lists several residency and mobility routes across residence by investment, work (employer sponsored), and family and dependant 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
Residence by investment
1 programmeCapital, property, fund, or declared investment routes that can lead to longer-term residence.
- Available
Mongolia Investor Visa and Residence (Type B)
Work (employer sponsored)
1 programmeEmployer-linked permits and skilled employment passes for hired professionals.
- Available
Mongolia Work Permit and HG Visa
Family and dependant routes
1 programmeSpouse, dependant, and family reunion style permits.
- Available
Mongolia Family Residence Permit (F2)
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 Mongolia.
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
- Banking Index8.4 / 10Accessible, stable banking for expats
- Affordability Index7.7 / 10Competitive cost of living
- Healthcare Index7.5 / 10Solid healthcare access and quality
Weakest dimensions
- Flight Index2.1 / 10
- English Index3.9 / 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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