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...
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...
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...
Getting ready to make an investment in real estate is always an exciting moment, and Madagascar is full of prime areas in which to buy. However, with the lengthy bureaucratic processes that are still heavily reliant on paper records, ensuring you are getting what you paid for can be challenging. Here are a few hints from our resident expats who have taken the same exciting step and...
Are you trying to find the top places to visit in Madagascar? We have everything covered! This guide will show you the top 7 spots you can’t miss when visiting the Red Island, along with recommendations for activities to do while you’re there. Madagascar offers a wide range of activities for beach lovers, history aficionados, and adventurers alike. Come with us as we explore! Nosy...
Can foreigners obtain Malagasy citizenship? The short answer is yes. The long answer is: it’s complicated. After reading this article, you will understand the process. Nationality Laws of Madagascar For foreigners interested in becoming Malagasy citizens, navigating Madagascar’s nationality laws can be complex. The Malagasy citizenship code, established by Ordinance n° 60-064 of 22...
Written by Johnattan, an authentic Tananarivian Welcome to Antananarivo, the bustling capital of Madagascar, where the vivacity of daily life intertwines with the challenges I, as a local, navigate with resilience. Join me on an honest journey through the enchanting facets of Tana, where the beauty of our everyday life coexists with the stark realities that shape our city. Embraced by Tradition: A...