Known for its political stability, welcoming culture, and stunning natural landscapes, Botswana is an increasingly attractive destination for expats seeking a safe and enriching lifestyle in Southern Africa.
In this guide, we’ll walk you through everything you need to know about relocating to Botswana 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.
Botswana follows a territorial taxation model. You will pay tax on local sourced incomes only, irrespective of your resident status.
if you spend more than 182 days in Botswana during any 12 month period.
if your main residence is in Botswana during the tax year.
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 Botswana, you may find that the source country, as a starting point, continues to tax the income.
Double taxation agreements may remove the source country’s taxing right and thus, enable you to receive incomes tax free globally.
At present, Botswana has 24 double taxation agreements signed.
