Relocation intelligence

🇨🇲 Moving to Cameroon: tax, residency and cost of living

Cameroon taxes individuals on a broadly territorial basis through the IRPP, with a top rate of 38.5% including the council surtax. At an income equal to EUR 54,000 the effective burden is around 25% including 4.2% CNPS. VAT is 19.25% and corporate tax is 33%. The CFA franc is fixed to the euro at 655.957.

Thinking of moving to Cameroon? Here is the tax, residency, property and quality-of-life picture in plain numbers, with sources.

Key facts

Top income tax
38.5%
Corporate tax
33%
Capital gains
16.5%
Wealth tax
No
Inheritance tax
No
Cost of living index
42
Safety
4/10
Internet quality
4/10
Visa-free destinations
53
Foreigners can own property
No
Residency in
6 months
Citizenship in
5 years

Taxes

IRPP rises to 38.5% including the council surtax. At an equivalent of EUR 54,000 the effective burden is around 25% including 4.2% CNPS. The system is broadly territorial. VAT is 19.25% and corporate tax is 33%.

Residency and visas

Naturalization is possible after about 5 years of residence. Residence permits are assessed case by case.

Property ownership

Foreign land ownership is heavily restricted and requires presidential authorization. Long leases are the common route.

Cost of living and quality of life

Cameroon is known as Africa in miniature, from coast and mountains to savanna. The country is bilingual, French and English. Note insecurity in the Anglophone regions and Boko Haram issues in the Far North.

Passport and mobility

The Cameroonian passport is weak, with a mobility score around 53. Travel outside Africa generally requires a visa in advance.

Why people move to Cameroon

  • Euro-pegged currency

    The CFA franc is fixed to the euro at 655.957. That gives exchange rate stability for those coming from the eurozone.

  • Africa in miniature

    From tropical coast to volcanic mountains and savanna, with French and English as working languages. The diversity makes settling versatile.

Honest trade-offs

  • Buitenlands grondbezit vereist presidentiële toestemming, waardoor directe eigendom in de praktijk zeldzaam is.
  • Het Kameroense paspoort geeft toegang tot ongeveer 53 bestemmingen, wat visumvrij reizen sterk beperkt.
  • Aanhoudende onveiligheid in de Engelstalige regio's en Boko Haram-aanslagen in het Verre Noorden beperken de bewegingsvrijheid.

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Sources

Other destinations