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Somalia
Africa
Lucky Nomads World Index
45.81 / 100
0.40
Global rank
#225
Corporate tax
30%
Personal tax
18%
Lucky Nomads Proprietary Indices
22 scoring dimensions scored independently using a deterministic methodology built on primary sources and structured analytical inference.
- SafetyShield Index3.8 / 10
- Affordability Index8.5 / 10
- Entry Ease Index1.8 / 10
- Tax Freedom Index6.8 / 10
- WiFi Index4.6 / 10
- Admin Ease Index2.1 / 10
- Healthcare Index2.9 / 10
- City Comfort Index3.2 / 10
- WeatherComfort Index6.5 / 10
- Banking Index3.4 / 10
- GeoStability Index1.0 / 10
- Justice & Order Index1.8 / 10
- Quality of Life Index3.7 / 10
- Open Society Index2.4 / 10
- Flight Index1.5 / 10
- Environmental Quality Index4.6 / 10
- English Index2.8 / 10
- Wealth Protection Index5.8 / 10
- AI Access Index5.3 / 10
- Economic Openness Index3.7 / 10
- Market Depth Index5.4 / 10
- ClimateShield Index6.7 / 10
Country snapshot
- Capital
- Mogadishu
- Population (approx.)
- 17,000,000
- Area (km²)
- 637,657 km²
- Currency code (ISO 4217)
- SOS
- Currency name
- Somali shilling
- Main airport IATA code
- MGQ
- Airport name
- Aden Adde International Airport
General facts
- Minimum monthly cost
- From $664/month
- Main languages
- Somali
- Jurisdiction type
- Country
- Region
- Africa
- Web TLD
- .so
- Phone calling code
- +252
Web TLD and phone codes are general references and can differ for territories or special numbering plans.
Tax system
- Marginal CIT (corporate income tax)
- 30%Very highWorldwide
- Marginal PIT (personal income tax)
- 18%LowWorldwide
Corporate taxation basis: Worldwide. The country generally taxes worldwide income of resident companies.
Resident entities are taxed on worldwide income from employment, business or investment under Articles 3, 9 and 11 of the Income Tax Act 2025. Non-resident persons are taxed on income attributable to a Somali permanent establishment (90-day threshold under Article 83) plus Somalia-source income not captured by the PE. Foreign tax credit available for resident persons under Article 86.
Progressive corporate income tax with marginal rates from 0 percent to 30 percent under the Income Tax Act 2025 (ITA 2025), effective 11 May 2025, supplemented by the Income Tax Regulations 2025 (ITR 2025) signed 15 May 2025. The ITA 2025 replaces the 1966 Direct Taxation Law. The 30 percent headline marginal rate applies to the top bracket of taxable corporate profits. Administered by the Inland Revenue Department of the Somalia Revenue Directorate within the Ministry of Finance.
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 employment, business and investment income under Article 3 of the Income Tax Act 2025. Tax residency triggered by 183 days physical presence over any 12-month period. Foreign tax credit available under Article 86.
Progressive PIT under the Income Tax Act 2025 with marginal brackets at 0 percent, 6 percent, 12 percent and 18 percent applied up to USD 18,000 of annual chargeable income. The 18 percent top bracket is the headline marginal rate for ordinary income. Capital gains tax flat 10 percent on primary private residence above the statutory threshold, 15 percent concessional rate on Gain on Investment Assets exceeding USD 18,000, with excess taxed at the 18 percent rate.
Tax percentages here are editorial reference figures for comparison, not individualized tax advice.
Visa and mobility
Your access
Visa need and length of stay for Somalia. 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
Somalia lists several residency and mobility routes across business founder routes and work (employer sponsored). 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
Business founder routes
1 programmeFounder, entrepreneur, or company-linked pathways for people building a business locally.
- Available
Foreign Business Owner Residence Permit (Stay Permit Type B)
Work (employer sponsored)
2 programmesEmployer-linked permits and skilled employment passes for hired professionals.
- Available
Foreign Worker Residence Permit (Stay Permit Type A)
- Available
Government, NGO and International Organisation Employee Stay Permit (Type C)
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 Somalia.
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 Index8.5 / 10Very affordable cost of living
- Tax Freedom Index6.8 / 10Moderate tax burden for residents
- ClimateShield Index6.7 / 10Moderate climateshield index
Weakest dimensions
- GeoStability Index1.0 / 10
- Flight Index1.5 / 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.
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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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