Country tax profile · 2026
Iraq income tax
What a nomad, retiree or founder needs before moving to Iraq: the real rate, what actually gets taxed, and the residency bar you must clear. Local currency: IQD.
Iraq tax calculator
Enter your income to estimate what you would pay in Iraq, as an employee or running your own company, and see the best-value cities. Get the full breakdown plus a vetted advisor by email.
How much is income tax in Iraq?
Iraq taxes personal income at rates up to 15%. Foreign source income is generally not taxed, unless it comes from funds of Iraqi origin
Compiled by MyNomadWorld for Iraq and currently being re-verified against primary sources. Confirm with a local adviser before relying on it.
Capital gains, wealth & property tax
- Capital gains: Taxed as ordinary income (up to 15%); gains on sale of shares and bonds are generally not taxed
- Wealth tax: No net wealth/worth tax
Inheritance & gift tax in Iraq
Progressive inheritance tax of 3% to 6% First IQD 20 million exempt; 3%-6% on the excess
Corporate tax & VAT
The standard corporate profits tax is 15%.
How to become a tax resident of Iraq
Resident if present in Iraq continuously for 4 months, or for 6 months in aggregate during the fiscal year
Cost of living & lifestyle
Cost of living is about 42% of the US level, with average purchasing power near $14k (PPP). Pick a city below to see its monthly climate and cost.
Banking in Iraq
You will want a local or multi-currency account for rent, bills and getting paid.
For receiving income and moving money the day you arrive, Wise lets you hold and convert 40+ currencies and get paid like a local. Open a free Wise account →
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Iraq tax treaty guides
Detailed double-tax-treaty guides (withholding rates on dividends, interest and royalties) are available for 1 of Iraq's partners:
Who can help you in Iraq
Vetted partners for the move: immigration and tax lawyers, relocation services, banking and eSIM, guides and local experts. One Gold partner and up to three standard listings per country.
Expats in Iraq
The free Iraq expat community: who is already there, who is arriving, the Telegram group and straight answers on the paperwork. Expats in Iraq →
Members see each other by first name, origin and plans. Emails stay private.
Planning a move to Iraq?
The headline rate is the easy part. Residency, banking and exiting your current tax net are where it goes wrong. Get matched with a vetted Iraq advisor.
Talk to a Iraq advisor →Iraq income tax FAQ
How much is income tax in Iraq?
Iraq taxes personal income at rates up to 15%. Foreign source income is generally not taxed, unless it comes from funds of Iraqi origin
Does Iraq tax capital gains?
Taxed as ordinary income (up to 15%); gains on sale of shares and bonds are generally not taxed
How do you become a tax resident of Iraq?
Resident if present in Iraq continuously for 4 months, or for 6 months in aggregate during the fiscal year