Namibia
Southern Africa
Africa
A low-cost Southern African economy with English as a working language, a 5-year citizenship path and a digital-nomad visa, but high personal taxes.
48
Overall score
Moderate · 94% data coverage
Language
EnglishCurrency
NADCitizenship
5 yearsPersonal tax
Up to 37% headlineCost of living
Consumer price level 41 (world = 100, 2025)Rules change often. Confirm any immigration, tax or legal decision with a qualified professional.
Score breakdown
48
Access
17%48Residence12%
47Citizenship and passport5%
44
Earning power
25%32Salary and work12%
56Buying power13%
41
Business and wealth
20%31Taxes7%
52Business8%
36Investment5%
51
Daily life
25%47Quality of life18%
60Education7%
67
Rights and institutions
13%77Freedom6%
58Rule of law7%
Pros
- Relative affordability score 73/100
- Human development score 67/100
- Internet use 65%
Cons
- Tax friendliness score 31/100
- Passport mobility score 39/100
- Institutional environment score 53/100
Best for
English-speaking applicantsCost-conscious residentsPeople with a confirmed local employment or study route
Score profile
Access
Residence
48
Citizenship
51
Passport
40
Earning power
Salary & work
32
Buying power
56
Cost of living
85
Economy
57
Business and wealth
Taxes
31
Personal tax
33
Corporate tax
11
Business
52
Investment
36
Wealth building
45
Daily life
Safety
51
Healthcare
45
Environment
87
Infrastructure
43
Education
60
HDI
67
Rights and institutions
Freedom
77
Rule of law
58
Access
Residence
Openness to residents
48Moderate
Migrant stock3.8% of population (2024)
Regulatory quality0.13 (−2.5 to 2.5) (2024)
Main pathways
Employment residenceStudy residenceFamily reunificationBusiness or investment residence where eligibleDigital nomad / remote-work route
| 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
51Moderate
| Years required | 5 years |
|---|---|
| Dual allowed | Conditional or route-dependent |
| Language | Language, integration, character, and documentation requirements depend on the nationality law and route. |
| Residence | Headline ordinary naturalization period: 5 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
40Limited
79 / 198
Mobility
#63
Global rank
Yes
Biometric
- Visa-free45
- On arrival31
- eTA3
- Visa required119
Placeholder estimates for 2024 to 2025. Check entry rules with each destination before travelling.
Earning power
Salary & work
Labour-market strength
32Limited
Output per worker$34,279 PPP (2024)
Unemployment19.3% (2025)
Participation58.8% of 15+ (2025)
Mean monthly earnings of employees
Overall$212 · $390 PPP (2018)
Tech (IT & comms)$756 · $1,394 PPP (2018)
| Freelance | Internet use is 65%; remote and freelance access still depends on payments, language, regulation, and immigration status. |
|---|---|
| Job market | Latest comparable unemployment rate: 19.3%. Role-specific demand varies substantially by city and sector. |
Buying power
Purchasing power score
56Moderate
GNI / person$11,260 PPP (2025)
Consumption / person$8,578 PPP (2024)
Price level41 (US = 100) (2025)
Income inequality59.1 Gini (2015)
Inflation3.5% / yr (2025)
Cost of living
Affordability
85Excellent
Price level41 (US = 100) (2025)
| Rent | Model benchmark: about $250 monthly housing share; derived from the World Bank consumer price level, not a market listing. |
|---|---|
| Monthly | Model benchmark: about $620 / month at a US$1,500 world-price baseline. |
| Cities | Windhoek, Walvis Bay, Swakopmund |
Economy
Economic strength
57Moderate
Output & income
GDP$15.1B (2025)
GDP / person$4,876 (2025)
GNI / person$11,260 PPP (2025)
GDP growth3.7% / yr (2024)
Stability & labour
Inflation3.5% / yr (2025)
Unemployment19.3% (2025)
Output per worker$34,279 PPP (2024)
Sector composition
Agriculture7.0% of GDP (2025)
Industry28.9% of GDP (2025)
Services55.0% of GDP (2025)
Main industries
Mining (diamonds, uranium)FishingAgriculture & livestockTourism
Top exports
DiamondsUraniumFishCopper & zinc
| Type | Upper-middle-income, mining-led |
|---|---|
| Key sectors | Diamond & uranium mining, Fisheries, Tourism |
| Summary | A sparsely populated, mining-driven economy and major uranium and diamond producer, with rich fisheries. |
| Currency | Namibian dollar (pegged to the South African rand) |
Business and wealth
Taxes
Tax friendliness
31Limited
| Personal | 37 |
|---|---|
| Corporate | 31 (30% rate effective for companies whose financial years will commence on or after 1 January 2025) |
| 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
Personal tax
33Limited
| Personal | 37 |
|---|---|
| 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
Corporate tax
11Low
| Corporate | 31 (30% rate effective for companies whose financial years will commence on or after 1 January 2025) |
|---|---|
| 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
52Moderate
Regulation & bureaucracy
Regulatory quality0.13 (−2.5 to 2.5) (2024)
Government effectiveness0.10 (−2.5 to 2.5) (2024)
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
36Limited
Market cap18% of GDP (2024)
Private credit55% of GDP (2024)
| 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
45Moderate
Salary & work
32Limited
Business
52Moderate
Investment
36Limited
Tax friendliness
31Limited
Cost of living
85Excellent
Daily life
Safety
Safety & stability
51Moderate
Institutions & stability
Control of corruption0.13 (−2.5 to 2.5) (2024)
Political stability0.55 (−2.5 to 2.5) (2024)
Check current government travel and security advice before relocating.
Healthcare
Healthcare score
45Moderate
Outcomes
Life expectancy67.5 years (2024)
Under-5 mortality39.5 per 1,000 births (2024)
Capacity & resourcing
Physicians0.55 per 1,000 (2022)
Hospital beds2.70 per 1,000 (2009)
Health spending$1,068 PPP / person (2023)
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: $1,068 PPP per person (2023). |
Environment
Environment score
87Excellent
Environmental pressure
PM2.5 exposure14.2 μg/m³ annually (2023)
Water stress0.3% (2022)
Infrastructure
Infrastructure score
43Limited
Digital infrastructure
Internet use64.9% (2024)
Internet resilience47 / 100 (2026)
Fixed speed45 / 100 download index (2026)
Mobile speed58 / 100 download index (2026)
Sources: World Bank World Development Indicators · Internet Society Pulse Internet Resilience Index
Utilities
Electricity access56.7% (2023)
Grid losses27.8% of output (2023)
Transport
Transport quality2.80 / 5 (2022)
Air connectivity957 departures / million people (2023)
Education
Education score
60Moderate
Attainment
Expected schooling11.8 years (2023)
Mean schooling7.3 years (2023)
Participation & investment
Tertiary enrolment26% gross (2022)
Education spending9.1% of GDP (2024)
| 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 | English |
| Student work | Student employment rights vary by permit and may require separate authorization or hour limits. |
HDI
Human development score
67Good
HDI0.665 (2023)
Knowledge
Expected schooling11.8 years (2023)
Mean schooling7.3 years (2023)
Rights and institutions
Freedom
Freedom score
77Good
| Freedom in the World | 77 / 100 (Free) |
|---|
Sources
Rule of law
Rule of law score
58Moderate
| Rule of Law percentile | 58 / 100 |
|---|
Sources
Resources
Official references
UN Statistics: M49 country and area codesunstats.un.orgUNDP Human Development Report 2025hdr.undp.orgInternet Society Pulse Internet Resilience Indexpulse.internetsociety.orgWorld Bank World Development Indicatorsdata.worldbank.orgILOSTAT (International Labour Organization)ilostat.ilo.orgPwC: Namibia corporate tax headlinetaxsummaries.pwc.comPwC: Namibia personal tax headlinetaxsummaries.pwc.comNaturalization comparison and linked nationality lawsen.wikipedia.orgHenley Passport Index 2026 summaryen.wikipedia.org
Quick links
Data is illustrative. Not legal or tax advice.