Are you considering a move to Angola for work, adventure, or perhaps a change of scenery?
In this guide, we’ll walk you through everything you need to know about relocating to Angola from a personal tax perspective, including tax residency, income tax, special tax regimes and tax return obligations.
TaxPilot recommend that you organize your affairs in good time to get ahead and make the most of favorable tax treatment while making sure you’re meeting your tax return obligations.
Angola follows a territorial taxation model. You will pay tax on local sourced incomes only, irrespective of your resident status.
if you spend more than 90 days in Angola during the tax year.
if your main residence is located in Angola and you intend to reside in Angola.
Tax on property and share sales
Tax on value of owned assets
Tax on assets passed to heirs
Tax to contribute to state welfare
If you receive incomes overseas while you are living in the Angola, you may find the source country, as a starting point, continues to tax the income.
Double taxation agreements may remove the source countries taxing right and thus, enable you to receive incomes tax free globally.
At present, Angola has 4 double taxation agreements signed.
