Country tax profile · 2026
Somalia wealth tax
None
annual net wealth tax
How Somalia treats wealth
No net wealth tax reported.
✓ Somalia levies no annual wealth tax, your net worth is not taxed year on year.
Compiled by MyNomadWorld for Somalia and currently being re-verified against primary sources. Confirm with a local adviser before relying on it.
How Somalia compares
183 of 197 countries we track have no annual net wealth tax. Somalia is one of them.
Who is a tax resident of Somalia?
Generally residence if present more than 183 days in the year.
Related Somalia taxes
Moving to Somalia?
Get matched with a vetted Somalia tax & immigration advisor who handles residency and the exit from your current country.
See advisors →Somalia wealth tax FAQ
What is the wealth tax rate in Somalia?
No net wealth tax reported.