Relocation intelligence
🇬🇶 Moving to Equatorial Guinea: tax, residency and cost of living
Equatorial Guinea levies progressive income tax rising to 35%, plus about 4.5% social security. The effective burden on an income worth roughly EUR 54,000 is around 31%. Corporate tax is 35% and VAT 15%. The currency is the CFA franc, pegged to the euro. The country is oil-rich but marked by deep inequality, authoritarian rule and limited political freedoms.
Thinking of moving to Equatorial Guinea? Here is the tax, residency, property and quality-of-life picture in plain numbers, with sources.
Key facts
- Top income tax
- 35%
- Corporate tax
- 35%
- Capital gains
- 25%
- Wealth tax
- No
- Inheritance tax
- No
- Cost of living index
- 45
- Safety
- 3/10
- Internet quality
- 2/10
- Visa-free destinations
- 52
- Foreigners can own property
- No
- Residency in
- 6 months
- Citizenship in
- 5 years
Taxes
Progressive income tax up to 35% plus about 4.5% social security, effectively around 31% at EUR 54,000. Corporate tax 35%, VAT 15%.
Residency and visas
Residence and work are formally accessible, mainly in the oil and gas sector, but bureaucracy is heavy and opaque.
Property ownership
Land ownership for foreigners is heavily restricted and legal certainty is weak.
Cost of living and quality of life
Equatorial Guinea is oil-rich but marked by deep inequality, authoritarian rule, weak public services and limited freedoms.
Passport and mobility
The Equatoguinean passport gives visa-free access to about 52 destinations.
Why people move to Equatorial Guinea
Euro-pegged CFA franc
The CFA franc is pegged to the euro, so there is no exchange-rate risk for those coming from the eurozone.
Oil and gas wealth
The country has significant oil and gas reserves, with one of Africa's highest per-capita incomes on paper.
Honest trade-offs
- Equatoriaal-Guinea kent een autoritair bestuur met beperkte politieke vrijheden en grote ongelijkheid ondanks de olierijkdom.
- Het toptarief bedraagt 35% en de effectieve druk ligt rond de 31% inclusief sociale premie bij een westers inkomen.
- Grondeigendom voor buitenlanders is sterk beperkt en de rechtszekerheid is zwak.
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