Relocation intelligence

🇸🇱 Moving to Sierra Leone: tax, residency and cost of living

Sierra Leone levies progressive income tax rising to 30%, plus about 5% NASSIT contribution. The effective burden on an income worth roughly EUR 54,000 is around 33%. Corporate tax is 30% and VAT 15%. The leone was redenominated in 2022. The country is English-speaking and recovering from civil war and Ebola, with mineral wealth, but faces poverty, weak healthcare and limited infrastructure.

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

Key facts

Top income tax
30%
Corporate tax
30%
Capital gains
25%
Wealth tax
No
Inheritance tax
No
Cost of living index
38
Safety
3/10
Internet quality
2/10
Visa-free destinations
64
Foreigners can own property
Yes
Residency in
6 months
Citizenship in
5 years

Taxes

Progressive income tax up to 30% plus about 5% NASSIT, effectively around 33% at EUR 54,000. Corporate tax 30%, VAT 15%.

Residency and visas

Residence and work are accessible, and English as working language makes settling relatively easy for entrepreneurs.

Property ownership

Foreigners can generally acquire property, though registers are weak and legal processes slow.

Cost of living and quality of life

Sierra Leone is recovering from civil war and Ebola, with mineral wealth but poverty, weak healthcare and limited infrastructure.

Passport and mobility

The Sierra Leonean passport gives visa-free access to about 64 destinations, mainly within West Africa.

Why people move to Sierra Leone

  • English-speaking with mineral wealth

    English is the working language and the country holds diamonds, gold and other minerals, with opportunities for those able to bear risk.

  • Low cost of living

    The cost of living is low, increasing the purchasing power of foreign income.

Honest trade-offs

  • Sierra Leone is arm en herstelt van burgeroorlog en ebola, met zwakke gezondheidszorg en beperkte infrastructuur.
  • Het toptarief bedraagt 30% en de effectieve druk ligt rond de 33% inclusief NASSIT-premie bij een westers inkomen.
  • Eigendomsregisters zijn zwak en de rechtsgang is traag, wat vastgoedtransacties bemoeilijkt.

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Sources

Other destinations