If you’re considering a move to Madagascar as an expat, or if you’re already living in the country, you may be wondering about your potential tax obligations. While there is no special tax regime for expatriates, taxes are applied based on residency status and the nature of the income or business activity. Understanding these rules is crucial to ensure compliance and avoid unexpected...
A foreign currency bank account allows individuals and businesses to make international trade and cross-border finance. But the question is: who can open a foreign currency account in Madagascar? This article gives an answer to that, but also provides a comprehensive and informative guide for both individuals and businesses interested in this financial service. What Is a Foreign Currency Bank...
Sending parcels and packages to Madagascar can be challenging, with issues ranging from sporadically unreliable postal services to complex and costly customs regulations. But fear not – in this article we will give you some fast, reliable options you can use to send packages to Madagascar without paying an arm and a leg! Whether you’re shipping smaller packages like documents, clothing, or...
Have you ever wondered what destination suits you best: Madagascar or South Africa? Well, these two countries, located in the Sub-Saharan region of Africa, offer vastly different lifestyles for expats, investors, and tourists alike. These contrasts make it essential to carefully evaluate which destination aligns with your preferences and priorities. Understanding the unique aspects of each country is...
Hiring independent contractors from Madagascar has become an increasingly popular option for businesses and individuals seeking specialized skills for specific projects. Whether you’re a company looking to bring in expert knowledge or an individual in need of particular services, understanding the different types of contracting arrangements available is crucial to ensuring smooth operations and...
Internet options in Madagascar are becoming more varied as technology continues to progress. Although Madagascar may be a developing country, internet speeds are generally quite good here, and connectivity is becoming the lifeline of local businesses. When considering internet service providers in Madagascar, there are a few options to choose from whether you are searching for personal or...
Marriages Between Malagasy and Foreigners Marriages between Malagasy people and foreigners are increasingly common due to globalization and growing cultural interaction. These unions are beautiful but can be complex, as they involve the fusion of two cultures, two mentalities, and sometimes very different customs. On the administrative level, these marriages require several formalities. The foreign...
So you’re thinking about moving to Madagascar, and possibly making a life for yourself somewhere on this vast island? Perhaps you have been offered a job in Madagascar, or you are thinking about buying a vacation home. Whatever the case may be, this article will give you an overview about what life in Madagascar is really like! TL;DR: Living in Madagascar is not for everyone. It is a...
Sending money to Madagascar can be challenging due to varying infrastructure and financial service availability. Whether for supporting family, paying for services, or funding local projects, it’s essential to find the most reliable and cost-effective way to transfer funds. This guide covers the main categories of money transfer options to Madagascar. By understanding the key features...
When incorporating in Madagascar, it’s essential to consider not only operational aspects, but also the applicable taxes (and Madagascar Invest is here to accompany you for a smooth annual tax filing process). Each business structure sometimes comes with different tax obligations, which can significantly impact the company’s financial performance and long-term sustainability. The...