Sierra Leone: Overview
There are two types of land tenure in Sierra Leone, Colonial Land or freehold land, and Customary Land or leasehold land. Foreigners cannot own land under either of the two systems but, can lease, for up to 99 years. But there is no land titling system to validate ownership, so lease rights are hard to secure.
Income tax is high in Sierra Leone
Rental Income: Rental income earned by nonresidents is taxed at a special flat rate of 25%.
Capital Gains: Capital gains derived from business or investment assets are taxed at the standard income tax rates.
Inheritance: There are no inheritance taxes or estate duty in Sierra Leone.
Residents: Residents are taxed on their worldwide income at progressive rates, up to 30%.