Liberia

Western Africa

Africa

A low-cost West African economy with English as a working language and a 2-year citizenship path, but a weak passport (~49 destinations) and weak institutions.

33
Overall score
Limited · Penalty applied · 88% data coverage
Language
English
Currency
LRD
Citizenship
2 years
Personal tax
Up to 25% headline
Cost of living
Consumer price level 53 (world = 100, 2025)

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

Score breakdown
43
Access
17%
39Residence12%
54Citizenship and passport5%
50
Earning power
25%
48Salary and work12%
51Buying power13%
40
Business and wealth
20%
50Taxes7%
32Business8%
39Investment5%
39
Daily life
25%
39Quality of life18%
38Education7%
42
Rights and institutions
13%
61Freedom6%
25Rule of law7%

Healthcare collapse (21) cut the overall score from 43 to 33.

Pros

  • Relative affordability score 58/100
  • Human development score 51/100
  • Business environment score 37/100

Cons

  • Passport mobility score 26/100
  • Institutional environment score 33/100
  • Work and income score 47/100

Best for

English-speaking applicantsResidents prioritizing opportunity over low pricesPeople with a confirmed local employment or study route

Score profile

Access
Residence
39
Citizenship
73
Passport
26
Earning power
Salary & work
48
Buying power
51
Cost of living
73
Economy
41
Business and wealth
Taxes
50
Personal tax
55
Corporate tax
29
Business
32
Investment
39
Wealth building
47
Daily life
Safety
62
Healthcare
21
Environment
83
Infrastructure
34
Education
38
HDI
51
Rights and institutions
Freedom
61
Rule of law
25
How the scores are calculated

Access

Residence
Openness to residents
Limited
39
Migrant stock1.3% of population (2024)
Regulatory quality-0.84 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Main pathways
Employment residenceStudy residenceFamily reunificationBusiness or investment residence where eligible
StudentAdmission, proof of funds, accommodation, insurance, and immigration approval are normally required; work rights vary.
WorkA local employer, qualifying occupation, or other work authorization is normally required; labour-market tests may apply.
Self-employedBusiness registration, tax registration, and a residence or work authorization suitable for self-employment are generally required.
PermanentEligibility depends on years and continuity of lawful residence, route, income, character, and country-specific legislation.
Citizenship
Citizenship accessibility
Good
73
Years required2 years
Dual allowedYes
LanguageLanguage, integration, character, and documentation requirements depend on the nationality law and route.
ResidenceHeadline ordinary naturalization period: 2 years. Continuous residence and absence rules may apply.
NotesThis is a statutory headline from a sourced comparison table. Confirm the current nationality law and administrative practice before relying on it.
Passport
Passport power
Low
26
51 / 198
Mobility
#90
Global rank
Yes
Biometric
  • Visa-free18
  • On arrival30
  • eTA3
  • Visa required147

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

Earning power

Salary & work
Labour-market strength
Moderate
48
Output per worker$3,660 PPP (2024)
Unemployment2.9% (2025)
Participation76.6% of 15+ (2025)

Source: World Bank World Development Indicators

Mean monthly earnings of employees
Overall$125 · $310 PPP (2017)
Tech (IT & comms)$153 · $378 PPP (2017)

Source: ILOSTAT (International Labour Organization)

FreelanceInternet use is 32%; remote and freelance access still depends on payments, language, regulation, and immigration status.
Job marketLatest comparable unemployment rate: 2.9%. Role-specific demand varies substantially by city and sector.
Buying power
Purchasing power score
Moderate
51
GNI / person$1,840 PPP (2025)
Price level53 (US = 100) (2025)
Income inequality35.3 Gini (2016)
Inflation8.3% / yr (2025)

Source: World Bank World Development Indicators

Cost of living
Affordability
Good
73
Price level53 (US = 100) (2025)

Source: World Bank World Development Indicators

RentModel benchmark: about $320 monthly housing share; derived from the World Bank consumer price level, not a market listing.
MonthlyModel benchmark: about $800 / month at a US$1,500 world-price baseline.
CitiesMonrovia, Gbarnga
Economy
Economic strength
Limited
41
Output & income
GDP$5.2B (2025)
GDP / person$915 (2025)
GNI / person$1,840 PPP (2025)
GDP growth4.0% / yr (2024)

Source: World Bank World Development Indicators

Stability & labour
Inflation8.3% / yr (2025)
Unemployment2.9% (2025)
Output per worker$3,660 PPP (2024)

Source: World Bank World Development Indicators

Sector composition
Agriculture32.7% of GDP (2025)
Industry24.5% of GDP (2025)
Services40.0% of GDP (2025)

Source: World Bank World Development Indicators

Main industries
Mining (iron ore, gold)RubberShipping registryForestry
Top exports
Iron oreGoldRubberShip-registry fees
TypeLow-income, resources- and maritime-led
Key sectorsIron-ore & gold mining, Rubber, Open-registry shipping (a top global flag)
SummaryA low-income economy reliant on iron ore, rubber and one of the world's largest open ship registries.
CurrencyLiberian dollar (US dollars widely used)

Business and wealth

Taxes
Tax friendliness
Moderate
50
PersonalResident: 25;; Non-resident: 20
Corporate25
Capital gainsTreatment varies by asset, entity, residence, holding period, and domestic exemptions; consult the current country summary.
DividendsDomestic and withholding rates vary with residence, ownership, and treaty eligibility.
Exit taxNo harmonized cross-country answer; verify current deemed-disposal and residence-cessation rules.
Foreign companiesPermanent-establishment, management-and-control, transfer-pricing, withholding, and reporting rules may apply.
Personal tax
Personal tax
Moderate
55
PersonalResident: 25;; Non-resident: 20
FreelanceFreelancers typically need appropriate immigration permission plus business and tax registration.
Capital gainsTreatment varies by asset, entity, residence, holding period, and domestic exemptions; consult the current country summary.
DividendsDomestic and withholding rates vary with residence, ownership, and treaty eligibility.
Exit taxNo harmonized cross-country answer; verify current deemed-disposal and residence-cessation rules.
Corporate tax
Corporate tax
Low
29
Corporate25
Capital gainsTreatment varies by asset, entity, residence, holding period, and domestic exemptions; consult the current country summary.
DividendsDomestic and withholding rates vary with residence, ownership, and treaty eligibility.
Foreign companiesPermanent-establishment, management-and-control, transfer-pricing, withholding, and reporting rules may apply.
Business
Business friendliness
Limited
32
Regulation & bureaucracy
Regulatory quality-0.84 (−2.5 to 2.5) (2024)
Government effectiveness-1.25 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Operating rules
Foreign companyForeign ownership is generally possible, subject to sector restrictions, licensing, local-participation rules, and beneficial-ownership checks.
Local companyLocal company forms are available; registration, tax, capital, director, address, and licensing requirements vary.
FreelanceFreelancers typically need appropriate immigration permission plus business and tax registration.
Investment
Investing environment
Limited
39
Private credit15% of GDP (2022)

Source: World Bank World Development Indicators

Capital gainsCapital-gains treatment varies by asset, holding structure, residence, and treaty position.
DividendsData not available yet
ETFs & fundsData not available yet
Wealth taxVerify current national and subnational net-wealth, property, inheritance, and transfer taxes.
BrokersLocal and international broker access depends on residency, exchange controls, sanctions screening, and platform onboarding.
Foreign accessData not available yet
Tax-advantagedData not available yet
Wealth building
Wealth accumulation
Moderate
47
Salary & work
Moderate
48
Business
Limited
32
Investment
Limited
39
Tax friendliness
Moderate
50
Cost of living
Good
73

Daily life

Safety
Safety & stability
Moderate
62
Personal safety
Homicide rate3.1 per 100,000 (2012)

Source: World Bank World Development Indicators

Institutions & stability
Control of corruption-1.05 (−2.5 to 2.5) (2024)
Political stability-0.23 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Check current government travel and security advice before relocating.

Healthcare
Healthcare score
Low
21
Outcomes
Life expectancy62.3 years (2024)
Under-5 mortality86.4 per 1,000 births (2024)

Source: World Bank World Development Indicators

Capacity & resourcing
Physicians0.18 per 1,000 (2022)
Hospital beds1.59 per 1,000 (2021)
Health spending$233 PPP / person (2023)

Source: World Bank World Development Indicators

System & costs
SystemPublic and private provision coexist; eligibility, service quality, and capacity vary by location.
InsuranceInsurance and proof-of-cover requirements depend on immigration status, employer, and residence route.
Average costHealth expenditure: $233 PPP per person (2023).
Environment
Environment score
Excellent
83
Environmental pressure
PM2.5 exposure17.9 μg/m³ annually (2023)
Water stress0.3% (2022)

Source: World Bank World Development Indicators

Infrastructure
Infrastructure score
Limited
34
Digital infrastructure
Internet use32.2% (2024)
Internet resilience33 / 100 (2026)
Fixed speed33 / 100 download index (2026)
Mobile speed30 / 100 download index (2026)

Sources: World Bank World Development Indicators · Internet Society Pulse Internet Resilience Index

Utilities
Electricity access32.5% (2023)

Source: World Bank World Development Indicators

Transport
Transport quality2.40 / 5 (2022)
Air connectivity384 departures / million people (1992)

Source: World Bank World Development Indicators

Education
Education score
Limited
38
Attainment
Expected schooling10.5 years (2023)
Mean schooling6.2 years (2023)

Source: UNDP Human Development Report 2025

Participation & investment
Tertiary enrolment11% gross (2012)
Education spending2.3% of GDP (2023)

Source: World Bank World Development Indicators

TuitionFees vary by institution, programme, level, and nationality; no harmonized official tuition series is used.
Public universityCheck current public-university fee schedules and scholarship rules directly with each institution.
LanguagesEnglish
Student workStudent employment rights vary by permit and may require separate authorization or hour limits.
HDI
Human development score
Moderate
51
HDI0.510 (2023)

Source: UNDP Human Development Report 2025

Long & healthy life
Life expectancy62.2 years (2023)

Source: UNDP Human Development Report 2025

Knowledge
Expected schooling10.5 years (2023)
Mean schooling6.2 years (2023)

Source: UNDP Human Development Report 2025

Standard of living
GNI / person$1,538 PPP (2023)

Source: UNDP Human Development Report 2025

Rights and institutions

Freedom
Freedom score
Moderate
61
Freedom in the World61 / 100 (Partly free)
Rule of law
Rule of law score
Low
25
Rule of Law percentile25 / 100
Resources

Data is illustrative. Not legal or tax advice.