πŸ‡ΈπŸ‡΄ Somalia

Africa
0 residency programs
Territorial taxation

Countries / Somalia

Known for

Fact Sheet

Continent

Africa

Demonym

Somali

Calling code

+252

Driving side

Right
Population
11,031,386
Life expectancy
56 years
Unemployment rate
7%
Inflation rate
2.3%
Fertility rate
6.5

Cost of Life

Cost of Living Index
38.68
Rent Index
4.75
Groceries Index
45.88
Restaurant Price Index
27.04
Local Purchasing Power Index
33.24

Taxation overview

Tax system

Territorial taxation

Countries with a territorial taxation system only levy income tax from local income. Foreign income usually won't be taxed by that country.

Tax Treaties (0)

  • No Double Taxation agreement listed yet.
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