East & Southern Africa
Namibia: tax at a glance
This is a source-based system. Foreign income is exempt, there is no capital gains tax, the top personal rate is 37% and the corporate rate is 30%, with 28% proposed, and VAT sits at 15%.
Ways to relocate to Namibia
The residency and citizenship routes that lead here, weighed against the tax picture above.
The taxes
- Personal income (top)
- 37%Rates are progressive, with the top rate applying above NAD 1.5m. The first NAD 100,000 is tax-free.
- Corporate income
- 30%
- Capital gains
- None. There is no capital gains tax.
- VAT
- 15%
- Dividends (WHT)
- 10%/20% under the Non-Resident Shareholders Tax (NRST).
- Interest (WHT)
- 10%
- Royalties (WHT)
- 10%
- Social security (employee)
- 0.9%, capped, paid to the Social Security Commission.
- Social security (employer)
- 0.9%, capped, paid to the Social Security Commission.
- Wealth tax
- None
- Inheritance / estate
- None
- Property tax
- Municipal rates apply, along with transfer duty of up to 12%, higher for non-natural persons.
- Other
- A 1% Vocational Education and Training levy applies to employers.
How the system works
- Tax system
- Territorial
- Foreign income
- Largely outside scope (territorial)
- Taxes by citizenship
- No
- Exit tax
- No
- CFC rules
- No
- CRS
- Not participating
A special regime for new arrivals
Namibia taxes purely on a source basis. Foreign income earned by residents is not taxed at all. A 10% dividend tax was announced to take effect on 1 January 2026, but the Income Tax Amendment Bill that would put it into law was still under legal review as of July 2026. For now, treat it as not in force.
The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.
Sources (2)
Secondary references