Latitax
SituationalReviewed 2026-09-29

Saudi Arabia

Saudi Arabia does not tax employment income or a resident's private investments, and it now sells residence directly through Premium Residency, including property and investor routes, with a UK treaty in force. It is a poor holding or trading base for a foreign founder: foreign-owned company profits pay 20%, VAT is 15%, property transactions carry 5% tax, and the investor visas are expensive.

Latitax verdict

No personal income tax, but premium residence is costly and life is less flexible.

Ideal for: Investors doing business in Saudi Arabia.

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At a glance

Headline figures. Conditions, thresholds and every note are in the full file.

Income tax, top rate

Secondary

0% on salary (20% on non-Saudi business income)

Capital gains

Unverified

0% (private investments)

Inheritance / estate

Secondary

None

Wealth tax

Secondary

None

Corporate tax

Secondary

20% (foreign share); 2.5% zakat (Saudi/GCC share)

Tax system

Secondary

No personal income tax on salaries or private investments

Research, not advice. Rates change; confirm with a qualified professional before acting. 10 official sources, reviewed 2026-09-29.