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Nigeria
Africa
Lucky Nomads World Index
53.29 / 100
Global rank
#203
Corporate tax
25%
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 Index3.2 / 10
- Affordability Index7.8 / 10
- Entry Ease Index3.5 / 10
- Tax Freedom Index6.3 / 10
- WiFi Index6.0 / 10
- Admin Ease Index4.2 / 10
- Healthcare Index4.9 / 10
- City Comfort Index4.8 / 10
- WeatherComfort Index5.8 / 10
- Banking Index5.7 / 10
- GeoStability Index4.2 / 10
- Justice & Order Index3.9 / 10
- Quality of Life Index5.0 / 10
- Open Society Index4.0 / 10
- Flight Index3.8 / 10
- Environmental Quality Index4.5 / 10
- English Index6.0 / 10
- Wealth Protection Index6.9 / 10
- AI Access Index5.9 / 10
- Economic Openness Index4.7 / 10
- Market Depth Index6.9 / 10
- ClimateShield Index6.8 / 10
Country snapshot
- Capital
- Abuja
- Population (approx.)
- 242,431,832
- Area (km²)
- 923,768 km²
- Currency code (ISO 4217)
- NGN
- Currency name
- Nigerian naira
- Main airport IATA code
- LOS
- Airport name
- Murtala Muhammed International Airport
General facts
- Minimum monthly cost
- From $1,020/month
- Main languages
- English
- Jurisdiction type
- Country
- Region
- Africa
- Web TLD
- .ng
- Phone calling code
- +234
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)
- 25%ModerateWorldwide
Corporate taxation basis: Worldwide. The country generally taxes worldwide income of resident companies.
Worldwide taxation of resident companies, with foreign tax credit relief through double tax treaties. Free zone entities under NEPZA or OGFZA enjoy conditional CIT exemption on export profits with a 25 percent domestic-sales cap and a 1 January 2028 sunset on the domestic-sales exemption.
Standard corporate income tax 25 percent from 2026 under the Nigeria Tax Act 2025 (down from 27.5 percent in 2025 and 30 percent in the legacy law). Small companies with annual turnover up to and total fixed assets up to pay 0 percent CIT and are exempt from the new 4 percent Development Levy. A 15 percent minimum effective tax rate applies to MNE groups with EUR 750 million global turnover and to domestic companies with turnover.
Personal income tax basis. Worldwide. Resident individuals are generally taxable on their worldwide income, subject to relief under applicable tax treaties.
Worldwide income for residents of Nigeria. The Nigeria Tax Act 2025 broadens the residence test to include individuals with substantial economic or immediate family ties to Nigeria in any year of assessment. Non-residents are taxed only on Nigerian-source income.
Progressive personal income tax 0 to 25 percent from 2026 under the Nigeria Tax Act 2025 (up from 0 to 24 percent under the legacy Personal Income Tax Act). First of annual income exempt. 20 percent rent deduction capped at against taxable income. Compensation for loss of employment exempt up to .
Tax percentages here are editorial reference figures for comparison, not individualized tax advice.
Special tax regimes
For companies
Agriculture Sector Tax Holiday (NTA 2025)
AvailableFull 5-year Companies Income Tax exemption for new companies in crop production, livestock, aquaculture, and food processing under the Nigeria Tax…
Economic Development Incentive (EDI)
AvailablePerformance-based corporate tax incentive replacing the Pioneer Status Incentive effective 1 January 2026 under the Nigeria Tax Act 2025.
Free Trade Zones and Export Processing Zones (NEPZA / OGFZA)
AvailableConditional corporate tax exemption for entities operating in Nigerian Export Processing Zones (EPZ) and Free Trade Zones (FTZ) under the NEPZA Act…
Small Companies Regime (NTA 2025)
AvailableZero percent Companies Income Tax (CIT) regime for small companies under Section 56 of the Nigeria Tax Act 2025, effective 1 January 2026.
Nigeria Startup Act 2022 Labelled Startup Regime
AvailableMulti-component tax incentive package for technology-focused startups labelled under the Nigeria Startup Act 2022, administered by NITDA via the…
You either qualify for Nigeria'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 Nigeria. 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
Nigeria lists several residency and mobility routes across residence by investment, work (employer sponsored), talent (outstanding), 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.
9 programmes listed · 9 are marked available in our editorial review
Residence by investment
5 programmesCapital, property, fund, or declared investment routes that can lead to longer-term residence.
- Available
Investor Visa Large Scale Corporations (N3C)
- Available
Investor Visa Medium Scale Enterprise (N3B)
- Available
Investor Visa Oil, Gas and Power Sector (N3E)
- Available
Investor Visa Small Scale Enterprise (N3A)
- Available
Investor Visa Ultra Large Scale Corporations (N3D)
Work (employer sponsored)
2 programmesEmployer-linked permits and skilled employment passes for hired professionals.
- Available
Employment Visa (R2A) and Combined Expatriate Residence Permit and Aliens Card (CERPAC)
- Available
Temporary Work Permit (R11)
Talent (outstanding)
1 programmeOutstanding achievement or high-calibre talent categories.
- Available
Highly Skilled Immigrant Visa (N4A)
Retirement routes
1 programmeRetirement-age or pension-linked residence options.
- Available
Retirement Visa Retiree from Abroad (N5B)
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 Nigeria.
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 Index7.8 / 10Competitive cost of living
- Wealth Protection Index6.9 / 10Moderate wealth protection index
- Market Depth Index6.9 / 10Moderate market depth index
Weakest dimensions
- SafetyShield Index3.2 / 10
- Entry Ease Index3.5 / 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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