Turkmenistan

Central Asia

Asia

A low-tax Asian country with low university tuition, but serious economic and political risk, a weak passport and no dual citizenship.

20
Overall score
Low · Penalty applied · 86% data coverage
Language
Turkmen
Currency
TMT
Citizenship
7 years
Personal tax
Generally 10%
Cost of living
$800 / mo (single; availability varies)

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

Score breakdown
34
Access
17%
37Residence12%
26Citizenship and passport5%
62
Earning power
25%
57Salary and work12%
66Buying power13%
52
Business and wealth
20%
80Taxes7%
28Business8%
50Investment5%
61
Daily life
25%
61Quality of life18%
60Education7%
5
Rights and institutions
13%
2Freedom6%
7Rule of law7%

Severe environmental risk (25) cut the overall score from 48 to 40.

Weak rights and institutions (5) cut the overall score from 40 to 20.

Pros

  • Low university tuition

Cons

  • Serious economic and political risk
  • A weak passport
  • No dual citizenship

Best for

Low-tax relocatorsStudents

Score profile

Access
Residence
37
Citizenship
22
Passport
37
Earning power
Salary & work
57
Buying power
66
Cost of living
100
Economy
72
Business and wealth
Taxes
80
Personal tax
82
Corporate tax
77
Business
28
Investment
50
Wealth building
61
Daily life
Safety
69
Healthcare
56
Environment
25
Infrastructure
57
Education
60
HDI
76
Rights and institutions
Freedom
2
Rule of law
7
How the scores are calculated

Access

Residence
Openness to residents
Limited
37
Migrant stock2.6% of population (2024)
Regulatory quality-1.69 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Main pathways
EmploymentStudyFamily reunificationBusiness or investment where eligible
StudentRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
WorkRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
Self-employedRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
PermanentRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
Citizenship
Citizenship accessibility
Low
22
Years required7 years
Dual allowedNo
LanguageCheck the current naturalisation rules for the selected route
ResidenceTypical headline route: 7 years; qualifying residence and absence rules apply
NotesRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
Passport
Passport power
Limited
37
74 / 198
Mobility
#68
Global rank
Yes
Biometric
  • Visa-free33
  • On arrival39
  • eTA2
  • Visa required124

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

Earning power

Salary & work
Labour-market strength
Moderate
57
Output per worker$67,321 PPP (2024)
Unemployment4.3% (2025)
Participation42.0% of 15+ (2025)

Source: World Bank World Development Indicators

Tech salary (estimate)Varies substantially by city, seniority, and employer
FreelanceMarket access depends on language, sector, and work authorisation
Job marketUse current local vacancy and salary data for role-specific decisions.
Buying power
Purchasing power score
Good
66
GNI / person$22,830 PPP (2025)
Consumption / person$1,359 PPP (2012)
Price level24 (US = 100) (2021)
Income inequality40.8 Gini (1998)

Source: World Bank World Development Indicators

Cost of living
Affordability
Excellent
100
Price level24 (US = 100) (2021)

Source: World Bank World Development Indicators

RentVaries substantially by city and neighbourhood
Monthly$800 / mo (single; availability varies)
CitiesAshgabat, Türkmenabat
Economy
Economic strength
Good
72
Output & income
GDP$49.8B (2025)
GDP / person$6,540 (2025)
GNI / person$22,830 PPP (2025)
GDP growth6.3% / yr (2024)

Source: World Bank World Development Indicators

Stability & labour
Unemployment4.3% (2025)
Output per worker$67,321 PPP (2024)

Source: World Bank World Development Indicators

Sector composition
Agriculture12.4% of GDP (2025)
Industry36.0% of GDP (2025)
Services48.9% of GDP (2025)

Source: World Bank World Development Indicators

Main industries
Natural gasOilCotton & textilesPetrochemicals
Top exports
Natural gasRefined fuelsCotton & textiles
TypeUpper-middle-income, gas-driven
Key sectorsNatural gas exports, Cotton agriculture
SummaryA closed, state-run economy almost entirely dependent on vast natural-gas reserves and cotton.
CurrencyTurkmenistani manat

Business and wealth

Taxes
Tax friendliness
Excellent
80
PersonalGenerally 10%
CorporateGenerally 8% for resident private companies
Capital gainsTreatment varies by asset, holding structure, residence, and treaty position
DividendsRates and withholding depend on residence and treaty eligibility
Exit taxCheck current domestic rules before changing tax residence
Foreign companiesManagement, permanent-establishment, CFC, and reporting rules may apply
Personal tax
Personal tax
Excellent
82
PersonalGenerally 10%
FreelanceRegistration, immigration permission, tax, and social contributions may apply
Capital gainsTreatment varies by asset, holding structure, residence, and treaty position
DividendsRates and withholding depend on residence and treaty eligibility
Exit taxCheck current domestic rules before changing tax residence
Corporate tax
Corporate tax
Good
77
CorporateGenerally 8% for resident private companies
Capital gainsTreatment varies by asset, holding structure, residence, and treaty position
DividendsRates and withholding depend on residence and treaty eligibility
Foreign companiesManagement, permanent-establishment, CFC, and reporting rules may apply
Business
Business friendliness
Low
28
Regulation & bureaucracy
Regulatory quality-1.69 (−2.5 to 2.5) (2024)
Government effectiveness-1.06 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Operating rules
Foreign companyGenerally possible, subject to sector, registration, tax, and substance rules
Local companyAvailable company forms and capital requirements vary
FreelanceRegistration, immigration permission, tax, and social contributions may apply
Investment
Investing environment
Moderate
50
Capital gainsTreatment varies by asset, residence, holding period, and treaty position
DividendsData not available yet
ETFs & fundsData not available yet
Wealth taxCheck current national and subnational rules
BrokersLocal and international availability varies by residency and compliance checks
Foreign accessData not available yet
Tax-advantagedData not available yet
Wealth building
Wealth accumulation
Moderate
61
Salary & work
Moderate
57
Business
Low
28
Investment
Moderate
50
Tax friendliness
Excellent
80
Cost of living
Excellent
100

Daily life

Safety
Safety & stability
Good
69
Personal safety
Homicide rate1.0 per 100,000 (2015)

Source: World Bank World Development Indicators

Institutions & stability
Control of corruption-1.30 (−2.5 to 2.5) (2024)
Political stability0.25 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Check current government travel and security advice before relocating.

Healthcare
Healthcare score
Moderate
56
Outcomes
Life expectancy70.2 years (2024)
Under-5 mortality39.0 per 1,000 births (2024)

Source: World Bank World Development Indicators

Capacity & resourcing
Physicians1.93 per 1,000 (2023)
Hospital beds3.60 per 1,000 (2021)
Health spending$1,264 PPP / person (2023)

Source: World Bank World Development Indicators

System & costs
SystemPublic/private mix varies by eligibility and residence status
InsuranceCheck residence-permit and local coverage requirements
Average costDepends on eligibility, income, insurer, and chosen coverage
Environment
Environment score
Low
25
Environmental pressure
PM2.5 exposure31.2 μg/m³ annually (2023)
Water stress135.2% (2022)

Source: World Bank World Development Indicators

Infrastructure
Infrastructure score
Moderate
57
Digital infrastructure
Internet use18.0% (2016)

Source: World Bank World Development Indicators

Utilities
Electricity access100.0% (2023)
Grid losses9.6% of output (2023)

Source: World Bank World Development Indicators

Transport
Transport quality2.23 / 5 (2018)
Rail density16.3 km / 1,000 km² (2018)
Air connectivity1,401 departures / million people (2023)

Source: World Bank World Development Indicators

Education
Education score
Moderate
60
Attainment
Expected schooling13.2 years (2023)
Mean schooling11.2 years (2023)

Source: UNDP Human Development Report 2025

Participation & investment
Tertiary enrolment20% gross (2024)
Education spending4.3% of GDP (2024)

Source: World Bank World Development Indicators

Tuition$1,500-5,000 / yr
Public universityVaries by institution, programme, and student nationality
LanguagesTurkmen
Student workRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
HDI
Human development score
Good
76
HDI0.764 (2023)

Source: UNDP Human Development Report 2025

Long & healthy life
Life expectancy70.1 years (2023)

Source: UNDP Human Development Report 2025

Knowledge
Expected schooling13.2 years (2023)
Mean schooling11.2 years (2023)

Source: UNDP Human Development Report 2025

Standard of living
GNI / person$17,716 PPP (2023)

Source: UNDP Human Development Report 2025

Rights and institutions

Freedom
Freedom score
Low
2
Freedom in the World2 / 100 (Not free)
Rule of law
Rule of law score
Low
7
Rule of Law percentile7 / 100
Resources

Data is illustrative. Not legal or tax advice.