Madagascarinvest

Social Obligations for Companies in Madagascar

Social Obligations for Companies in Madagascar

In Madagascar, companies have a legal and social responsibility to contribute to the well-being of their employees through various obligations, including social protection, health coverage, and professional development.  Some of the contributions are deducted from the gross salary up to a capped amount, determined based on the minimum wage in Madagascar. Understanding these obligations is...

Why Madagascar Is Popular Among Foreign Investors

Why Madagascar Is Popular Among Foreign Investors

Madagascar, often celebrated for its unique biodiversity and vibrant culture, has also emerged as an attractive destination for foreign investors.  From a supportive legal framework to diverse investment sectors, Madagascar provides a fertile ground for growth.  This article explores the factors that make Madagascar a popular choice among foreign investors, particularly highlighting its...

Living in Majunga: An Expat Guide

Living in Majunga: An Expat Guide

Daily life in Majunga Climate Majunga has a tropical climate with hot, humid summers and mild, dry winters. The rainy season typically lasts from December to March, so it’s good to prepare for potential cyclones during this time. Roads inside and outside town might be flooded.  The rest of the year is generally sunny and ideal for outdoor activities. Community and Expat...

Do Expats Pay Tax in Madagascar?

Do Expats Pay Tax in Madagascar?

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...

Opening a Foreign Currency Bank Account In Madagascar

Opening a Foreign Currency Bank Account In Madagascar

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 & Packages to Madagascar: Everything You Need to Know

Sending Parcels & Packages to Madagascar: Everything You Need to Know

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...

Madagascar vs South Africa: Comparison for Expats and Investors

Madagascar vs South Africa: Comparison for Expats and Investors

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 Contractors in Madagascar: A Legal Overview

Hiring Contractors in Madagascar: A Legal Overview 

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...

Best Internet Providers in Madagascar

Best Internet Providers in Madagascar

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...

Marriage in Madagascar: Everything You Need to Know

Marriage in Madagascar: Everything You Need to Know

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...