Equatorial Guinea

Middle Africa

Africa

A low-cost Central African economy with low local wage costs, but a weak passport (~52 destinations), limited English and a long 10-year naturalization wait.

Overall score

Low · Penalty applied · 87% data coverage

Language

Spanish, French, Portuguese

Currency

XAF

Citizenship

10 years

Personal tax

Up to 25% headline

Cost of living

Consumer price level 45 (world = 100, 2024)

Rules change often. Confirm any immigration, tax or legal decision with a qualified professional.

Score breakdown

Access

17%

55Residence12%

22Citizenship and passport5%

Earning power

25%

54Salary and work12%

68Buying power13%

Business and wealth

20%

50Taxes7%

30Business8%

37Investment5%

Daily life

25%

38Quality of life18%

42Education7%

Rights and institutions

13%

5Freedom6%

7Rule of law7%

Severe safety risk (37) cut the overall score from 42 to 39.

Healthcare collapse (30) cut the overall score from 39 to 35.

Weak rights and institutions (6) cut the overall score from 35 to 18.

Pros

Relative affordability score 68/100
Human development score 67/100
Internet use 63%

Cons

Institutional environment score 22/100
Passport mobility score 27/100
Tax friendliness score 50/100

Best for

Applicants prepared to use local languagesCost-conscious residentsPeople with a confirmed local employment or study route

Score profile

Access

Residence

Citizenship

Passport

Earning power

Salary & work

Buying power

Cost of living

Economy

Business and wealth

Taxes

Personal tax

Corporate tax

Business

Investment

Wealth building

Daily life

Safety

Healthcare

Environment

Infrastructure

Education

HDI

Rights and institutions

Freedom

Rule of law

How the scores are calculated

Access

Residence

Openness to residents

Moderate

Migrant stock13.2% of population (2024)

Regulatory quality-1.40 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Main pathways

Employment residenceStudy residenceFamily reunificationBusiness or investment residence where eligible

Student	Admission, proof of funds, accommodation, insurance, and immigration approval are normally required; work rights vary.
Work	A local employer, qualifying occupation, or other work authorization is normally required; labour-market tests may apply.
Self-employed	Business registration, tax registration, and a residence or work authorization suitable for self-employment are generally required.
Permanent	Eligibility depends on years and continuity of lawful residence, route, income, character, and country-specific legislation.

Citizenship

Citizenship accessibility

Low

Years required	10 years
Dual allowed	No
Language	Language, integration, character, and documentation requirements depend on the nationality law and route.
Residence	Headline ordinary naturalization period: 10 years. Continuous residence and absence rules may apply.
Notes	This is a statutory headline from a sourced comparison table. Confirm the current nationality law and administrative practice before relying on it.

Passport

Passport power

Limited

65 / 198

Mobility

#77

Global rank

Yes

Biometric

Visa-free29
On arrival36
eTA0
Visa required133

Placeholder estimates for 2024 to 2025. Check entry rules with each destination before travelling.

Earning power

Salary & work

Labour-market strength

Moderate

Output per worker$44,118 PPP (2024)

Unemployment8.3% (2025)

Participation60.5% of 15+ (2025)

Source: World Bank World Development Indicators

Tech salary (estimate)	GNI per capita benchmark: $14,610 PPP (2025); this is not a technology salary quote.
Freelance	Internet use is 63%; remote and freelance access still depends on payments, language, regulation, and immigration status.
Job market	Latest comparable unemployment rate: 8.3%. Role-specific demand varies substantially by city and sector.

Buying power

Purchasing power score

Good

GNI / person$14,610 PPP (2025)

Consumption / person$7,664 PPP (2024)

Price level45 (US = 100) (2024)

Income inequality38.5 Gini (2022)

Inflation2.9% / yr (2024)

Source: World Bank World Development Indicators

Cost of living

Affordability

Excellent

Price level45 (US = 100) (2024)

Source: World Bank World Development Indicators

Rent	Model benchmark: about $270 monthly housing share; derived from the World Bank consumer price level, not a market listing.
Monthly	Model benchmark: about $680 / month at a US$1,500 world-price baseline.
Cities	Malabo, Bata

Economy

Economic strength

Moderate

Output & income

GDP$12.8B (2025)

GDP / person$6,615 (2025)

GNI / person$14,610 PPP (2025)

GDP growth0.9% / yr (2024)

Source: World Bank World Development Indicators

Stability & labour

Inflation2.9% / yr (2024)

Unemployment8.3% (2025)

Output per worker$44,118 PPP (2024)

Source: World Bank World Development Indicators

Sector composition

Agriculture3.2% of GDP (2025)

Industry41.4% of GDP (2025)

Services55.5% of GDP (2025)

Source: World Bank World Development Indicators

Main industries

Oil & gasTimberAgriculture

Top exports

Crude oilLNG & methanolTimber

Type	Upper-middle-income, oil-driven
Key sectors	Oil & gas (the overwhelming source of income)
Summary	A small economy transformed by oil, with high headline income per capita but limited diversification and depleting reserves.
Currency	Central African CFA franc (pegged to the euro)

Business and wealth

Taxes

Tax friendliness

Moderate

Personal	25
Corporate	25
Capital gains	Treatment varies by asset, entity, residence, holding period, and domestic exemptions; consult the current country summary.
Dividends	Domestic and withholding rates vary with residence, ownership, and treaty eligibility.
Exit tax	No harmonized cross-country answer; verify current deemed-disposal and residence-cessation rules.
Foreign companies	Permanent-establishment, management-and-control, transfer-pricing, withholding, and reporting rules may apply.

Personal tax

Moderate

Personal	25
Freelance	Freelancers typically need appropriate immigration permission plus business and tax registration.
Capital gains	Treatment varies by asset, entity, residence, holding period, and domestic exemptions; consult the current country summary.
Dividends	Domestic and withholding rates vary with residence, ownership, and treaty eligibility.
Exit tax	No harmonized cross-country answer; verify current deemed-disposal and residence-cessation rules.

Corporate tax

Low

Corporate	25
Capital gains	Treatment varies by asset, entity, residence, holding period, and domestic exemptions; consult the current country summary.
Dividends	Domestic and withholding rates vary with residence, ownership, and treaty eligibility.
Foreign companies	Permanent-establishment, management-and-control, transfer-pricing, withholding, and reporting rules may apply.

Business

Business friendliness

Limited

Regulation & bureaucracy

Regulatory quality-1.40 (−2.5 to 2.5) (2024)

Government effectiveness-1.18 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Operating rules

Foreign company	Foreign ownership is generally possible, subject to sector restrictions, licensing, local-participation rules, and beneficial-ownership checks.
Local company	Local company forms are available; registration, tax, capital, director, address, and licensing requirements vary.
Freelance	Freelancers typically need appropriate immigration permission plus business and tax registration.

Investment

Investing environment

Limited

Private credit6% of GDP (2023)

Source: World Bank World Development Indicators

Capital gains	Capital-gains treatment varies by asset, holding structure, residence, and treaty position.
Dividends	Data not available yet
ETFs & funds	Data not available yet
Wealth tax	Verify current national and subnational net-wealth, property, inheritance, and transfer taxes.
Brokers	Local and international broker access depends on residency, exchange controls, sanctions screening, and platform onboarding.
Foreign access	Data not available yet
Tax-advantaged	Data not available yet

Wealth building

Wealth accumulation

Moderate

Salary & work

Moderate

Business

Limited

Investment

Limited

Tax friendliness

Moderate

Cost of living

Excellent

Daily life

Safety

Safety & stability

Limited

Institutions & stability

Control of corruption-1.47 (−2.5 to 2.5) (2024)

Political stability-0.14 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Check current government travel and security advice before relocating.

Healthcare

Healthcare score

Limited

Outcomes

Life expectancy63.9 years (2024)

Under-5 mortality68.0 per 1,000 births (2024)

Source: World Bank World Development Indicators

Capacity & resourcing

Physicians0.15 per 1,000 (2022)

Hospital beds2.10 per 1,000 (2010)

Health spending$609 PPP / person (2023)

Source: World Bank World Development Indicators

System & costs

System	Public and private provision coexist; eligibility, service quality, and capacity vary by location.
Insurance	Insurance and proof-of-cover requirements depend on immigration status, employer, and residence route.
Average cost	Health expenditure: $609 PPP per person (2023).

Environment

Environment score

Moderate

Environmental pressure

PM2.5 exposure42.2 μg/m³ annually (2023)

Water stress0.2% (2022)

Source: World Bank World Development Indicators

Infrastructure

Infrastructure score

Moderate

Digital infrastructure

Internet use63.3% (2024)

Source: World Bank World Development Indicators

Utilities

Electricity access66.9% (2023)

Grid losses10.6% of output (2023)

Source: World Bank World Development Indicators

Transport

Transport quality1.88 / 5 (2018)

Air connectivity1,580 departures / million people (2023)

Source: World Bank World Development Indicators

Education

Education score

Limited

Attainment

Expected schooling12.5 years (2023)

Mean schooling8.3 years (2023)

Source: UNDP Human Development Report 2025

Participation & investment

Tertiary enrolment2% gross (2000)

Education spending2.2% of GDP (1998)

Source: World Bank World Development Indicators

Tuition	Fees vary by institution, programme, level, and nationality; no harmonized official tuition series is used.
Public university	Check current public-university fee schedules and scholarship rules directly with each institution.
Languages	Spanish, French, Portuguese
Student work	Student employment rights vary by permit and may require separate authorization or hour limits.

HDI

Human development score

Good

HDI0.674 (2023)

Source: UNDP Human Development Report 2025

Long & healthy life

Life expectancy63.7 years (2023)

Source: UNDP Human Development Report 2025

Knowledge

Expected schooling12.5 years (2023)

Mean schooling8.3 years (2023)

Source: UNDP Human Development Report 2025