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Turkmenistan
Asia
Lucky Nomads World Index
53.40 / 100
Global rank
#201
Corporate tax
8%
Personal tax
10%
Lucky Nomads Proprietary Indices
22 scoring dimensions scored independently using a deterministic methodology built on primary sources and structured analytical inference.
- SafetyShield Index6.7 / 10
- Affordability Index8.5 / 10
- Entry Ease Index1.9 / 10
- Tax Freedom Index8.6 / 10
- WiFi Index4.2 / 10
- Admin Ease Index2.8 / 10
- Healthcare Index7.2 / 10
- City Comfort Index7.0 / 10
- WeatherComfort Index6.9 / 10
- Banking Index3.4 / 10
- GeoStability Index6.2 / 10
- Justice & Order Index3.2 / 10
- Quality of Life Index6.3 / 10
- Open Society Index2.9 / 10
- Flight Index1.6 / 10
- Environmental Quality Index5.4 / 10
- English Index3.0 / 10
- Wealth Protection Index6.0 / 10
- AI Access Index2.8 / 10
- Economic Openness Index3.5 / 10
- Market Depth Index5.7 / 10
- ClimateShield Index7.2 / 10
Country snapshot
- Capital
- Ashgabat
- Population (approx.)
- 7,736,632
- Area (km²)
- 488,100 km²
- Currency code (ISO 4217)
- TMT
- Currency name
- Turkmenistani manat
- Main airport IATA code
- ASB
- Airport name
- Ashgabat International Airport
General facts
- Minimum monthly cost
- From $664/month
- Main languages
- Turkmen
- Jurisdiction type
- Country
- Region
- Asia
- Web TLD
- .tm
- Phone calling code
- +993
Web TLD and phone codes are general references and can differ for territories or special numbering plans.
Tax system
- Marginal CIT (corporate income tax)
- 8%Ultra lowWorldwide
- Marginal PIT (personal income tax)
- 10%LowWorldwide
Corporate taxation basis: Worldwide. The country generally taxes worldwide income of resident companies.
Resident corporations are taxed on their worldwide income, non-resident corporations only on Turkmenistan-source income. A 10-year stabilisation clause is granted to foreign investors under Article 10 of the Law on Foreign Investments 2008, extended to the project payback period for priority projects approved by the Cabinet of Ministers. No structural foreign-source exemption or participation exemption.
Headline 8 percent rate for resident nongovernmental entities under the Tax Code of Turkmenistan. Branches of foreign legal entities, state-controlled entities (state participation above 50 percent), and petroleum companies operating under the 1996 Petroleum Law are taxed at 20 percent. A flat 2 percent simplified rate applies to small and medium enterprises operated as sole proprietorships.
Personal income tax basis. Worldwide. Resident individuals are generally taxable on their worldwide income, subject to relief under applicable tax treaties.
No special regime for foreign HNWI: no non-dom mechanism, no impatriate flat tax, no foreign-source exemption, no NHR equivalent. Foreign residents pass the 183-day threshold are fully exposed to worldwide taxation. No wealth tax, no inheritance tax, no estate tax, no CFC rules.
Flat 10 percent personal income tax on the worldwide income of resident individuals (residence trigger at 183 days of physical presence in a calendar year). Collection is generally at source. Non-residents are subject to a 15 percent withholding tax on Turkmen-source income, reduced where a double tax convention applies. No progressive brackets, no individual capital gains tax in general.
Tax percentages here are editorial reference figures for comparison, not individualized tax advice.
Special tax regimes
For companies
Petroleum Production Sharing Agreement Fiscal Regime
AvailableSectoral fiscal regime for foreign oil and gas contractors operating under a Production Sharing Agreement (PSA) or other petroleum contract with the…
Simplified Tax Regime for Small and Medium Enterprises
AvailableSimplified corporate profits tax regime applicable to small and medium enterprises operated as sole proprietorships and qualifying SMEs incorporated…
You either qualify for Turkmenistan'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 Turkmenistan. 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
Turkmenistan lists several residency and mobility routes across residence by investment, work (employer sponsored), and talent (outstanding). 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
Investor Residence Permit
Work (employer sponsored)
1 programmeEmployer-linked permits and skilled employment passes for hired professionals.
- Available
Work Permit (Trudovoye Razresheniye)
Talent (outstanding)
1 programmeOutstanding achievement or high-calibre talent categories.
- Available
Residence Permit for Persons of Outstanding Achievement
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 Turkmenistan.
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
- Tax Freedom Index8.6 / 10Very favorable tax environment
- Affordability Index8.5 / 10Very affordable cost of living
- Healthcare Index7.2 / 10Solid healthcare access and quality
Weakest dimensions
- Flight Index1.6 / 10
- Entry Ease Index1.9 / 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.
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Founder, Lucky Nomads · Wealth manager
Researched from official sources, leading global indices and Lucky Nomads' own scoring.
Free diagnostic
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